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 23.34x is 33% below its estimated 5-year average of 35.04x, near the low end of its estimated 5-year range (23.34x–43.73x).
As of 2026-09-26T00:16:05.993Z. 28.01% below its estimated 12-month average of 32.42x.
Calculation as of: 2026-09-26T00:16:05.993Z.
Quote observation: 2026-09-25T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 9d44b3653650a84d652ab20ff9ac4dc870c351f1d2bbde1f117fd88e0e64e7b9
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
23.34x
EV/FCF RATIO AVG TTM
32.42x
EV/FCF RATIO AVG 3Y
35.65x
EV/FCF RATIO AVG 5Y
35.04x
EV/FCF RATIO AVG 10Y
33.15x
EV/FCF RATIO AVG 15Y
31.80x
EV/FCF RATIO AVG 20Y
30.89x
CURRENT VS TTM AVG
-28.01%
CURRENT VS 3Y AVG
-34.53%
CURRENT VS 5Y AVG
-33.40%
CURRENT VS 10Y AVG
-29.59%
CURRENT VS 15Y AVG
-26.61%
CURRENT VS 20Y AVG
-24.44%
SECTOR MEDIAN · INDUSTRIALS
28.76x
median of 125 covered companies
CURRENT VS SECTOR MEDIAN
-18.85%
vs the sector median at left
Republic Services, Inc.
Market Cap
$65.26B
EV/FCF Ratio
23.34x
TTM Avg
32.42x
3Y Avg
35.65x
5Y Avg
35.04x
Market Cap
$65.17B
EV/FCF Ratio
127.29x
TTM Avg
127.43x
3Y Avg
129.21x
5Y Avg
109.07x
Market Cap
$67.37B
EV/FCF Ratio
22.48x
TTM Avg
19.26x
3Y Avg
17.98x
5Y Avg
17.78x
Market Cap
$62.43B
EV/FCF Ratio
48.26x
TTM Avg
54.08x
3Y Avg
55.50x
5Y Avg
59.06x
Market Cap
$70.30B
EV/FCF Ratio
97.00x
TTM Avg
28.84x
3Y Avg
258.92x
5Y Avg
149.50x
Market Cap
$58.69B
EV/FCF Ratio
40.33x
TTM Avg
42.07x
3Y Avg
34.55x
5Y Avg
34.83x
Market Cap
$58.38B
EV/FCF Ratio
26.33x
TTM Avg
44.67x
3Y Avg
29.96x
5Y Avg
27.20x
| NAME | MARKET CAP | EV/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Republic Services, Inc. (RSG) | $65.26B | 23.34x | 32.42x | 35.65x | 35.04x |
| United Rentals, Inc. (URI)vs › | $65.17B | 127.29x | 127.43x | 129.21x | 109.07x |
| Honeywell International Inc. (HON)vs › | $67.37B | 22.48x | 19.26x | 17.98x | 17.78x |
| FedEx Corporation (FDX)vs › | $67.63B | 19.01x | 23.13x | 25.35x | 26.76x |
| TransDigm Group Incorporated (TDG)vs › | $62.43B | 48.26x | 54.08x | 55.50x | 59.06x |
| Norfolk Southern Corporation (NSC)vs › | $70.30B | 97.00x | 28.84x | 258.92x | 149.50x |
| W.W. Grainger, Inc. (GWW)vs › | $58.69B | 40.33x | 42.07x | 34.55x | 34.83x |
| PACCAR Inc (PCAR)vs › | $58.59B | 21.61x | 22.55x | 21.89x | 37.18x |
| Comfort Systems USA, Inc. (FIX)vs › | $58.38B | 26.33x | 44.67x | 29.96x | 27.20x |
| Cummins Inc. (CMI)vs › | $72.45B | 23.04x | 35.46x | 678.65x | 418.97x |
EV/FCF
23.3x
P/FCF
19.2x
FCF Yield
5.22%
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 | 24.30x |
| 2026-09-10 | 24.15x |
| 2026-09-09 | 24.27x |
| 2026-09-08 | 24.20x |
| 2026-09-04 | 24.29x |
| 2026-09-03 | 24.51x |
| 2026-09-02 | 24.28x |
| 2026-09-01 | 24.35x |
| 2026-08-31 | 24.13x |
| 2026-08-28 | 24.24x |
| 2026-08-27 | 23.98x |
| 2026-08-26 | 24.25x |
| 2026-08-25 | 24.13x |
| 2026-08-24 | 24.33x |
| 2026-08-21 | 24.11x |
| 2026-08-20 | 24.00x |
| 2026-08-19 | 24.14x |
| 2026-08-18 | 23.77x |
| 2026-08-17 | 23.62x |
| 2026-08-14 | 23.57x |
| 2026-08-13 | 23.62x |
| 2026-08-12 | 23.53x |
| 2026-08-11 | 23.60x |
| 2026-08-10 | 23.56x |
| 2026-08-07 | 23.56x |
| 2026-08-06 | 30.36x |
| 2026-08-05 | 30.05x |
| 2026-08-04 | 30.13x |
| 2026-08-03 | 30.36x |
| 2026-07-31 | 30.47x |
| 2026-07-30 | 30.57x |
| 2026-07-29 | 31.47x |
| 2026-07-28 | 31.20x |
| 2026-07-27 | 31.23x |
| 2026-07-24 | 31.23x |
| 2026-07-23 | 31.29x |
| 2026-07-22 | 31.19x |
| 2026-07-21 | 30.96x |
| 2026-07-20 | 31.66x |
| 2026-07-17 | 31.88x |
| 2026-07-16 | 32.14x |
| 2026-07-15 | 31.28x |
| 2026-07-14 | 31.60x |
| 2026-07-13 | 32.00x |
| 2026-07-10 | 31.50x |
| 2026-07-09 | 31.44x |
| 2026-07-08 | 31.66x |
| 2026-07-07 | 31.89x |
| 2026-07-06 | 30.95x |
| 2026-07-02 | 31.28x |
| 2026-07-01 | 30.97x |
| 2026-06-30 | 30.78x |
| 2026-06-29 | 30.97x |
| 2026-06-26 | 31.17x |
| 2026-06-25 | 30.83x |
| 2026-06-24 | 30.84x |
| 2026-06-23 | 30.30x |
| 2026-06-22 | 29.74x |
| 2026-06-18 | 29.81x |
| 2026-06-17 | 30.10x |
| 2026-06-16 | 30.29x |
| 2026-06-15 | 30.18x |
| 2026-06-12 | 30.40x |
| 2026-06-11 | 30.18x |
| 2026-06-10 | 30.72x |
| 2026-06-09 | 30.43x |
| 2026-06-08 | 29.80x |
| 2026-06-05 | 30.41x |
| 2026-06-04 | 30.16x |
| 2026-06-03 | 29.72x |
| 2026-06-02 | 29.42x |
| 2026-06-01 | 29.32x |
| 2026-05-29 | 29.27x |
| 2026-05-28 | 29.66x |
| 2026-05-27 | 29.88x |
| 2026-05-26 | 30.06x |
| 2026-05-22 | 30.28x |
| 2026-05-21 | 30.18x |
| 2026-05-20 | 30.67x |
| 2026-05-19 | 31.00x |
| 2026-05-18 | 30.95x |
| 2026-05-15 | 30.21x |
| 2026-05-14 | 30.25x |
| 2026-05-13 | 29.65x |
| 2026-05-12 | 29.50x |
| 2026-05-11 | 28.95x |
| 2026-05-08 | 29.22x |
| 2026-05-07 | 31.61x |
| 2026-05-06 | 31.37x |
| 2026-05-05 | 31.91x |
| 2026-05-04 | 32.25x |
| 2026-05-01 | 32.25x |
| 2026-04-30 | 32.60x |
| 2026-04-29 | 32.48x |
| 2026-04-28 | 32.46x |
| 2026-04-27 | 32.20x |
| 2026-04-24 | 32.67x |
| 2026-04-23 | 33.22x |
| 2026-04-22 | 32.09x |
| 2026-04-21 | 32.09x |
| 2026-04-20 | 32.50x |
| 2026-04-17 | 32.40x |
| 2026-04-16 | 32.65x |
| 2026-04-15 | 32.81x |
| 2026-04-14 | 32.92x |
| 2026-04-13 | 33.14x |
| 2026-04-10 | 33.30x |
| 2026-04-09 | 33.60x |
| 2026-04-08 | 33.53x |
| 2026-04-07 | 34.03x |
| 2026-04-06 | 34.09x |
| 2026-04-02 | 34.39x |
| 2026-04-01 | 34.07x |
| 2026-03-31 | 33.86x |
| 2026-03-30 | 34.20x |
| 2026-03-27 | 33.45x |
| 2026-03-26 | 33.63x |
| 2026-03-25 | 33.41x |
| 2026-03-24 | 33.37x |
| 2026-03-23 | 33.56x |
| 2026-03-20 | 33.89x |
| 2026-03-19 | 34.37x |
| 2026-03-18 | 34.24x |
| 2026-03-17 | 34.60x |
| 2026-03-16 | 34.51x |
| 2026-03-13 | 34.53x |
| 2026-03-12 | 34.73x |
| 2026-03-11 | 34.47x |
| 2026-03-10 | 34.44x |
| 2026-03-09 | 35.29x |
| 2026-03-06 | 35.40x |
| 2026-03-05 | 35.48x |
| 2026-03-04 | 35.47x |
| 2026-03-03 | 35.56x |
| 2026-03-02 | 35.32x |
| 2026-02-27 | 35.14x |
| 2026-02-26 | 34.57x |
| 2026-02-25 | 34.19x |
| 2026-02-24 | 34.08x |
| 2026-02-23 | 34.14x |
| 2026-02-20 | 33.92x |
| 2026-02-19 | 34.19x |
| 2026-02-18 | 33.58x |
| 2026-02-17 | 32.56x |
| 2026-02-13 | 32.81x |
| 2026-02-12 | 32.52x |
| 2026-02-11 | 33.15x |
| 2026-02-10 | 32.80x |
| 2026-02-09 | 32.92x |
| 2026-02-06 | 32.41x |
| 2026-02-05 | 32.26x |
| 2026-02-04 | 32.20x |
| 2026-02-03 | 31.67x |
| 2026-02-02 | 31.89x |
| 2026-01-30 | 31.81x |
| 2026-01-29 | 31.77x |
| 2026-01-28 | 32.12x |
| 2026-01-27 | 32.07x |
| 2026-01-26 | 32.30x |
| 2026-01-23 | 32.12x |
| 2026-01-22 | 31.89x |
| 2026-01-21 | 31.71x |
| 2026-01-20 | 31.26x |
| 2026-01-16 | 31.30x |
| 2026-01-15 | 31.28x |
| 2026-01-14 | 31.31x |
| 2026-01-13 | 31.14x |
| 2026-01-12 | 31.29x |
| 2026-01-09 | 31.46x |
| 2026-01-08 | 31.41x |
| 2026-01-07 | 31.07x |
| 2026-01-06 | 31.30x |
| 2026-01-05 | 31.53x |
| 2026-01-02 | 31.21x |
| 2025-12-31 | 31.42x |
| 2025-12-30 | 31.76x |
| 2025-12-29 | 31.74x |
| 2025-12-26 | 31.60x |
| 2025-12-24 | 31.58x |
| 2025-12-23 | 31.56x |
| 2025-12-22 | 31.54x |
| 2025-12-19 | 31.57x |
| 2025-12-18 | 31.61x |
| 2025-12-17 | 31.77x |
| 2025-12-16 | 31.68x |
| 2025-12-15 | 31.84x |
| 2025-12-12 | 31.63x |
| 2025-12-11 | 31.33x |
| 2025-12-10 | 30.88x |
| 2025-12-09 | 31.10x |
| 2025-12-08 | 31.36x |
| 2025-12-05 | 31.99x |
| 2025-12-04 | 31.82x |
| 2025-12-03 | 31.85x |
| 2025-12-02 | 31.51x |
| 2025-12-01 | 31.69x |
| 2025-11-28 | 32.05x |
| 2025-11-26 | 32.09x |
| 2025-11-25 | 32.06x |
| 2025-11-24 | 31.82x |
| 2025-11-21 | 32.29x |
| 2025-11-20 | 32.22x |
| 2025-11-19 | 32.11x |
| 2025-11-18 | 31.67x |
| 2025-11-17 | 31.16x |
| 2025-11-14 | 31.16x |
| 2025-11-13 | 30.69x |
| 2025-11-12 | 30.59x |
| 2025-11-11 | 30.83x |
| 2025-11-10 | 30.46x |
| 2025-11-07 | 30.64x |
| 2025-11-06 | 30.47x |
| 2025-11-05 | 30.74x |
| 2025-11-04 | 30.91x |
| 2025-11-03 | 30.60x |
| 2025-10-31 | 30.97x |
| 2025-10-30 | 33.45x |
| 2025-10-29 | 33.53x |
| 2025-10-28 | 34.49x |
| 2025-10-27 | 34.93x |
| 2025-10-24 | 35.21x |
| 2025-10-23 | 35.21x |
| 2025-10-22 | 35.23x |
| 2025-10-21 | 34.92x |
| 2025-10-20 | 34.81x |
| 2025-10-17 | 34.77x |
| 2025-10-16 | 34.56x |
| 2025-10-15 | 34.93x |
| 2025-10-14 | 35.39x |
| 2025-10-13 | 35.20x |
| 2025-10-10 | 35.48x |
| 2025-10-09 | 35.02x |
| 2025-10-08 | 35.51x |
| 2025-10-07 | 35.16x |
| 2025-10-06 | 35.22x |
| 2025-10-03 | 35.35x |
| 2025-10-02 | 35.14x |
| 2025-10-01 | 35.76x |
| 2025-09-30 | 36.05x |
| 2025-09-29 | 36.00x |
| 2025-09-26 | 35.89x |
| 2025-09-25 | 35.71x |
| 2025-09-24 | 35.78x |
| 2025-09-23 | 35.80x |
| 2025-09-22 | 35.63x |
| 2025-09-19 | 35.72x |
| 2025-09-18 | 35.69x |
| 2025-09-17 | 35.63x |
| 2025-09-16 | 35.50x |
| 2025-09-15 | 35.88x |
| 2025-09-12 | 35.92x |
| 2025-09-11 | 36.42x |
| 2025-09-10 | 35.93x |
| 2025-09-09 | 36.00x |
| 2025-09-08 | 35.88x |
| 2025-09-05 | 36.09x |
| 2025-09-04 | 36.64x |
| 2025-09-03 | 36.45x |
| 2025-09-02 | 36.54x |
| 2025-08-29 | 36.65x |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.