Basis: Current FMP quote-based enterprise value / four-quarter operating cash flow less absolute capital expenditures. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EV/FCF ratio high or low?
The EV/FCF ratio of 20.73x is 34% below its estimated 5-year average of 31.58x, near the low end of its estimated 5-year range (19.42x–124.78x).
As of 2026-09-19T00:15:54.502Z. 35.03% below its estimated 12-month average of 31.91x.
Calculation as of: 2026-09-19T00:15:54.502Z.
Quote observation: 2026-09-18T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: bb982ebe55347300286d313db289c201ad523ed23da0cec9abc1ec39d2341cb1
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation. Historical series through 2026-09-11.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
EV/FCF RATIO
20.73x
EV/FCF RATIO AVG TTM
31.91x
EV/FCF RATIO AVG 3Y
30.34x
EV/FCF RATIO AVG 5Y
31.58x
EV/FCF RATIO AVG 10Y
28.43x
EV/FCF RATIO AVG 15Y
26.44x
EV/FCF RATIO AVG 20Y
23.60x
CURRENT VS TTM AVG
-35.03%
CURRENT VS 3Y AVG
-31.66%
CURRENT VS 5Y AVG
-34.36%
CURRENT VS 10Y AVG
-27.09%
CURRENT VS 15Y AVG
-21.59%
CURRENT VS 20Y AVG
-12.17%
SECTOR MEDIAN · BASIC MATERIALS
32.10x
median of 44 covered companies
CURRENT VS SECTOR MEDIAN
-35.42%
vs the sector median at left
PPG Industries, Inc.
Market Cap
$23.23B
EV/FCF Ratio
20.73x
TTM Avg
31.91x
3Y Avg
30.34x
5Y Avg
31.58x
Market Cap
$21.19B
EV/FCF Ratio
36581.83x
TTM Avg
14466.83x
3Y Avg
1824.05x
5Y Avg
1465.78x
Market Cap
$21.18B
EV/FCF Ratio
50.10x
TTM Avg
67.71x
3Y Avg
55.37x
5Y Avg
881.07x
Market Cap
$20.36B
EV/FCF Ratio
17.32x
TTM Avg
25.75x
3Y Avg
35.38x
5Y Avg
102.61x
Market Cap
$20.28B
EV/FCF Ratio
56.79x
TTM Avg
62.09x
3Y Avg
83.99x
5Y Avg
79.06x
Market Cap
$19.98B
EV/FCF Ratio
52.62x
TTM Avg
26.47x
3Y Avg
21.26x
5Y Avg
16.69x
Market Cap
$19.92B
EV/FCF Ratio
40.18x
TTM Avg
31.38x
3Y Avg
21.04x
5Y Avg
18.95x
Market Cap
$19.62B
EV/FCF Ratio
10.86x
TTM Avg
10.39x
3Y Avg
17.45x
5Y Avg
13.75x
| NAME | MARKET CAP | EV/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PPG Industries, Inc. (PPG) | $23.23B | 20.73x | 31.91x | 30.34x | 31.58x |
| Royal Gold, Inc. (RGLD)vs › | $21.19B | 36581.83x | 14466.83x | 1824.05x | 1465.78x |
| International Flavors & Fragrances Inc. (IFF)vs › | $21.18B | 50.10x | 67.71x | 55.37x | 881.07x |
| Dow Inc. (DOW)vs › | $20.75B | N/A | N/A | N/A | N/A |
| Coeur Mining, Inc. (CDE)vs › | $20.36B | 17.32x | 25.75x | 35.38x | 102.61x |
| Carpenter Technology Corporation (CRS)vs › | $20.28B | 56.79x | 62.09x | 83.99x | 79.06x |
| LyondellBasell Industries N.V. (LYB)vs › | $19.98B | 52.62x | 26.47x | 21.26x | 16.69x |
| Reliance Steel & Aluminum Co. (RS)vs › | $19.92B | 40.18x | 31.38x | 21.04x | 18.95x |
| CF Industries Holdings, Inc. (CF)vs › | $19.62B | 10.86x | 10.39x | 17.45x | 13.75x |
| Sociedad Química y Minera de Chile S.A. (SQM)vs › | $19.34B | 10.94x | 156.63x | 86.23x | 111.74x |
EV/FCF
20.7x
P/FCF
16.5x
FCF Yield
6.06%
Formula: EV/FCF = Enterprise Value / Free Cash Flow
EV/FCF vs P/FCF:
EV/FCF = Enterprise Value / Free Cash Flow (TTM)
Enterprise value to free cash flow compares total company value to the cash the business generates after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | EV/FCF RATIO |
|---|---|
| 2026-09-11 | 21.01x |
| 2026-09-10 | 20.94x |
| 2026-09-09 | 21.27x |
| 2026-09-08 | 21.68x |
| 2026-09-04 | 22.13x |
| 2026-09-03 | 21.85x |
| 2026-09-02 | 21.93x |
| 2026-09-01 | 21.68x |
| 2026-08-31 | 22.07x |
| 2026-08-28 | 22.40x |
| 2026-08-27 | 22.28x |
| 2026-08-26 | 22.43x |
| 2026-08-25 | 22.31x |
| 2026-08-24 | 22.24x |
| 2026-08-21 | 22.30x |
| 2026-08-20 | 22.11x |
| 2026-08-19 | 22.35x |
| 2026-08-18 | 22.17x |
| 2026-08-17 | 22.27x |
| 2026-08-14 | 22.38x |
| 2026-08-13 | 22.48x |
| 2026-08-12 | 22.46x |
| 2026-08-11 | 22.71x |
| 2026-08-10 | 22.60x |
| 2026-08-07 | 23.27x |
| 2026-08-06 | 22.87x |
| 2026-08-05 | 23.18x |
| 2026-08-04 | 22.97x |
| 2026-08-03 | 22.36x |
| 2026-07-31 | 21.81x |
| 2026-07-30 | 22.05x |
| 2026-07-29 | 25.47x |
| 2026-07-28 | 26.78x |
| 2026-07-27 | 26.68x |
| 2026-07-24 | 26.23x |
| 2026-07-23 | 25.82x |
| 2026-07-22 | 26.49x |
| 2026-07-21 | 26.18x |
| 2026-07-20 | 26.18x |
| 2026-07-17 | 26.48x |
| 2026-07-16 | 26.72x |
| 2026-07-15 | 26.11x |
| 2026-07-14 | 25.99x |
| 2026-07-13 | 25.84x |
| 2026-07-10 | 26.37x |
| 2026-07-09 | 26.23x |
| 2026-07-08 | 25.92x |
| 2026-07-07 | 27.00x |
| 2026-07-06 | 27.70x |
| 2026-07-02 | 27.94x |
| 2026-07-01 | 27.44x |
| 2026-06-30 | 27.20x |
| 2026-06-29 | 27.13x |
| 2026-06-26 | 27.56x |
| 2026-06-25 | 27.40x |
| 2026-06-24 | 27.14x |
| 2026-06-23 | 26.54x |
| 2026-06-22 | 26.77x |
| 2026-06-18 | 26.64x |
| 2026-06-17 | 26.44x |
| 2026-06-16 | 27.08x |
| 2026-06-15 | 27.24x |
| 2026-06-12 | 26.84x |
| 2026-06-11 | 26.64x |
| 2026-06-10 | 25.68x |
| 2026-06-09 | 26.30x |
| 2026-06-08 | 25.66x |
| 2026-06-05 | 25.83x |
| 2026-06-04 | 25.49x |
| 2026-06-03 | 25.39x |
| 2026-06-02 | 25.80x |
| 2026-06-01 | 25.51x |
| 2026-05-29 | 25.68x |
| 2026-05-28 | 25.66x |
| 2026-05-27 | 25.66x |
| 2026-05-26 | 25.05x |
| 2026-05-22 | 24.73x |
| 2026-05-21 | 24.52x |
| 2026-05-20 | 24.11x |
| 2026-05-19 | 23.62x |
| 2026-05-18 | 23.98x |
| 2026-05-15 | 23.79x |
| 2026-05-14 | 24.39x |
| 2026-05-13 | 24.30x |
| 2026-05-12 | 24.47x |
| 2026-05-11 | 24.76x |
| 2026-05-08 | 25.06x |
| 2026-05-07 | 24.94x |
| 2026-05-06 | 25.42x |
| 2026-05-05 | 24.48x |
| 2026-05-04 | 24.05x |
| 2026-05-01 | 24.68x |
| 2026-04-30 | 24.86x |
| 2026-04-29 | 25.20x |
| 2026-04-28 | 25.78x |
| 2026-04-27 | 26.29x |
| 2026-04-24 | 26.19x |
| 2026-04-23 | 26.29x |
| 2026-04-22 | 26.55x |
| 2026-04-21 | 26.41x |
| 2026-04-20 | 27.15x |
| 2026-04-17 | 27.17x |
| 2026-04-16 | 26.65x |
| 2026-04-15 | 25.79x |
| 2026-04-14 | 26.33x |
| 2026-04-13 | 26.27x |
| 2026-04-10 | 26.29x |
| 2026-04-09 | 26.17x |
| 2026-04-08 | 26.32x |
| 2026-04-07 | 24.73x |
| 2026-04-06 | 25.04x |
| 2026-04-02 | 24.92x |
| 2026-04-01 | 25.55x |
| 2026-03-31 | 25.63x |
| 2026-03-30 | 25.03x |
| 2026-03-27 | 25.03x |
| 2026-03-26 | 25.32x |
| 2026-03-25 | 25.59x |
| 2026-03-24 | 24.96x |
| 2026-03-23 | 24.70x |
| 2026-03-20 | 23.75x |
| 2026-03-19 | 23.98x |
| 2026-03-18 | 24.44x |
| 2026-03-17 | 25.05x |
| 2026-03-16 | 24.96x |
| 2026-03-13 | 24.66x |
| 2026-03-12 | 24.43x |
| 2026-03-11 | 25.08x |
| 2026-03-10 | 25.43x |
| 2026-03-09 | 25.89x |
| 2026-03-06 | 25.59x |
| 2026-03-05 | 26.59x |
| 2026-03-04 | 27.72x |
| 2026-03-03 | 27.81x |
| 2026-03-02 | 28.01x |
| 2026-02-27 | 28.80x |
| 2026-02-26 | 28.84x |
| 2026-02-25 | 28.77x |
| 2026-02-24 | 29.24x |
| 2026-02-23 | 29.20x |
| 2026-02-20 | 29.43x |
| 2026-02-19 | 47.21x |
| 2026-02-18 | 48.46x |
| 2026-02-17 | 48.75x |
| 2026-02-13 | 49.42x |
| 2026-02-12 | 49.49x |
| 2026-02-11 | 49.32x |
| 2026-02-10 | 48.73x |
| 2026-02-09 | 48.25x |
| 2026-02-06 | 47.91x |
| 2026-02-05 | 47.26x |
| 2026-02-04 | 47.74x |
| 2026-02-03 | 45.73x |
| 2026-02-02 | 44.77x |
| 2026-01-30 | 44.51x |
| 2026-01-29 | 44.79x |
| 2026-01-28 | 43.99x |
| 2026-01-27 | 42.84x |
| 2026-01-26 | 43.58x |
| 2026-01-23 | 43.47x |
| 2026-01-22 | 43.98x |
| 2026-01-21 | 43.55x |
| 2026-01-20 | 42.45x |
| 2026-01-16 | 42.82x |
| 2026-01-15 | 42.78x |
| 2026-01-14 | 42.31x |
| 2026-01-13 | 42.00x |
| 2026-01-12 | 42.15x |
| 2026-01-09 | 41.95x |
| 2026-01-08 | 41.29x |
| 2026-01-07 | 40.85x |
| 2026-01-06 | 41.39x |
| 2026-01-05 | 41.26x |
| 2026-01-02 | 40.99x |
| 2025-12-31 | 40.40x |
| 2025-12-30 | 40.78x |
| 2025-12-29 | 40.96x |
| 2025-12-26 | 40.98x |
| 2025-12-24 | 40.74x |
| 2025-12-23 | 40.46x |
| 2025-12-22 | 40.68x |
| 2025-12-19 | 40.47x |
| 2025-12-18 | 40.54x |
| 2025-12-17 | 40.79x |
| 2025-12-16 | 40.79x |
| 2025-12-15 | 40.79x |
| 2025-12-12 | 40.74x |
| 2025-12-11 | 40.49x |
| 2025-12-10 | 39.77x |
| 2025-12-09 | 39.45x |
| 2025-12-08 | 39.75x |
| 2025-12-05 | 39.95x |
| 2025-12-04 | 39.84x |
| 2025-12-03 | 40.05x |
| 2025-12-02 | 39.71x |
| 2025-12-01 | 39.59x |
| 2025-11-28 | 39.64x |
| 2025-11-26 | 39.60x |
| 2025-11-25 | 39.51x |
| 2025-11-24 | 38.74x |
| 2025-11-21 | 39.22x |
| 2025-11-20 | 38.13x |
| 2025-11-19 | 37.86x |
| 2025-11-18 | 38.01x |
| 2025-11-17 | 38.18x |
| 2025-11-14 | 38.70x |
| 2025-11-13 | 39.04x |
| 2025-11-12 | 38.85x |
| 2025-11-11 | 38.35x |
| 2025-11-10 | 38.36x |
| 2025-11-07 | 38.46x |
| 2025-11-06 | 38.12x |
| 2025-11-05 | 38.46x |
| 2025-11-04 | 38.04x |
| 2025-11-03 | 38.06x |
| 2025-10-31 | 38.93x |
| 2025-10-30 | 38.83x |
| 2025-10-29 | 36.20x |
| 2025-10-28 | 37.96x |
| 2025-10-27 | 38.00x |
| 2025-10-24 | 37.44x |
| 2025-10-23 | 37.44x |
| 2025-10-22 | 37.06x |
| 2025-10-21 | 37.69x |
| 2025-10-20 | 37.06x |
| 2025-10-17 | 36.89x |
| 2025-10-16 | 36.73x |
| 2025-10-15 | 36.32x |
| 2025-10-14 | 36.59x |
| 2025-10-13 | 36.12x |
| 2025-10-10 | 36.01x |
| 2025-10-09 | 36.33x |
| 2025-10-08 | 36.90x |
| 2025-10-07 | 36.93x |
| 2025-10-06 | 37.45x |
| 2025-10-03 | 37.71x |
| 2025-10-02 | 37.73x |
| 2025-10-01 | 37.61x |
| 2025-09-30 | 37.90x |
| 2025-09-29 | 37.59x |
| 2025-09-26 | 37.49x |
| 2025-09-25 | 37.56x |
| 2025-09-24 | 38.01x |
| 2025-09-23 | 38.22x |
| 2025-09-22 | 39.15x |
| 2025-09-19 | 39.13x |
| 2025-09-18 | 39.01x |
| 2025-09-17 | 38.75x |
| 2025-09-16 | 38.83x |
| 2025-09-15 | 39.14x |
| 2025-09-12 | 39.50x |
| 2025-09-11 | 39.81x |
| 2025-09-10 | 38.95x |
| 2025-09-09 | 39.12x |
| 2025-09-08 | 39.73x |
| 2025-09-05 | 39.29x |
| 2025-09-04 | 39.19x |
| 2025-09-03 | 39.06x |
| 2025-09-02 | 39.18x |
| 2025-08-29 | 39.64x |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.
