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 16.53x is 54% below its estimated 5-year average of 35.80x, near the low end of its estimated 5-year range (8.61x–76.78x).
As of 2026-10-02T20:31:11.144Z. 21.61% above its estimated 12-month average of 13.59x.
Calculation as of: 2026-10-02T20:31:11.144Z.
Quote observation: 2026-10-02T20:00:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: c4dac3bba24c0a58f4c77652add14b603d66497d59af0e428120fd7a9d909f19
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 2026-10-01.
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
16.53x
EV/FCF RATIO AVG TTM
13.59x
EV/FCF RATIO AVG 3Y
24.69x
EV/FCF RATIO AVG 5Y
35.80x
EV/FCF RATIO AVG 10Y
N/A
EV/FCF RATIO AVG 15Y
N/A
EV/FCF RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+21.61%
CURRENT VS 3Y AVG
-33.04%
CURRENT VS 5Y AVG
-53.83%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
30.22x
median of 164 covered companies
CURRENT VS SECTOR MEDIAN
-45.30%
vs the sector median at left
Tenable Holdings, Inc.
Market Cap
$4.06B
EV/FCF Ratio
16.53x
TTM Avg
13.59x
3Y Avg
24.69x
5Y Avg
35.80x
Market Cap
$4.34B
EV/FCF Ratio
15.30x
TTM Avg
16.27x
3Y Avg
24.38x
5Y Avg
37.94x
| NAME | MARKET CAP | EV/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Tenable Holdings, Inc. (TENB) | $4.06B | 16.53x | 13.59x | 24.69x | 35.80x |
| Dlocal Limited (DLO)vs › | $4.03B | 7.80x | 17.61x | 19.63x | 42.86x |
| Ondas Holdings Inc. (ONDS)vs › | $4.13B | N/A | N/A | N/A | N/A |
| Clear Secure, Inc. (YOU)vs › | $4.18B | 8.19x | 11.66x | 10.56x | 23.62x |
| Workiva Inc. (WK)vs › | $3.88B | 21.98x | 31.43x | 66.67x | 133.48x |
| Wix.com Ltd. (WIX)vs › | $3.81B | 12.46x | 9.90x | 27.35x | 63.34x |
| Itron, Inc. (ITRI)vs › | $3.79B | 8.32x | 11.95x | 38.00x | 80.47x |
| Bill.com Holdings, Inc. (BILL)vs › | $4.34B | 15.30x | 16.27x | 24.38x | 37.94x |
| AXT, Inc. (AXTI)vs › | $4.36B | N/A | 35.14x | 50.40x | 35.17x |
| Axcelis Technologies, Inc. (ACLS)vs › | $4.54B | 67.55x | 36.06x | 25.17x | 23.02x |
EV/FCF
16.5x
P/FCF
15.4x
FCF Yield
6.49%
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 |
|---|---|
| 2026-10-01 | 16.97x |
| 2026-09-30 | 17.09x |
| 2026-09-29 | 16.48x |
| 2026-09-28 | 16.25x |
| 2026-09-25 | 15.82x |
| 2026-09-24 | 16.87x |
| 2026-09-23 | 17.02x |
| 2026-09-22 | 16.88x |
| 2026-09-21 | 17.01x |
| 2026-09-18 | 16.67x |
| 2026-09-17 | 16.95x |
| 2026-09-16 | 17.08x |
| 2026-09-15 | 17.84x |
| 2026-09-14 | 16.52x |
| 2026-09-11 | 14.33x |
| 2026-09-10 | 15.18x |
| 2026-09-09 | 15.90x |
| 2026-09-08 | 15.91x |
| 2026-09-04 | 16.15x |
| 2026-09-03 | 16.26x |
| 2026-09-02 | 16.15x |
| 2026-09-01 | 16.69x |
| 2026-08-31 | 17.86x |
| 2026-08-28 | 17.65x |
| 2026-08-27 | 17.63x |
| 2026-08-26 | 15.89x |
| 2026-08-25 | 15.51x |
| 2026-08-24 | 16.02x |
| 2026-08-21 | 16.21x |
| 2026-08-20 | 16.09x |
| 2026-08-19 | 16.60x |
| 2026-08-18 | 17.07x |
| 2026-08-17 | 16.61x |
| 2026-08-14 | 17.94x |
| 2026-08-13 | 18.69x |
| 2026-08-12 | 17.36x |
| 2026-08-11 | 17.73x |
| 2026-08-10 | 17.23x |
| 2026-08-07 | 17.09x |
| 2026-08-06 | 16.99x |
| 2026-08-05 | 16.92x |
| 2026-08-04 | 17.45x |
| 2026-08-03 | 17.01x |
| 2026-07-31 | 15.94x |
| 2026-07-30 | 15.90x |
| 2026-07-29 | 15.42x |
| 2026-07-28 | 15.37x |
| 2026-07-27 | 15.85x |
| 2026-07-24 | 15.77x |
| 2026-07-23 | 15.48x |
| 2026-07-22 | 16.03x |
| 2026-07-21 | 16.60x |
| 2026-07-20 | 18.28x |
| 2026-07-17 | 19.24x |
| 2026-07-16 | 19.19x |
| 2026-07-15 | 19.38x |
| 2026-07-14 | 20.50x |
| 2026-07-13 | 18.93x |
| 2026-07-10 | 19.19x |
| 2026-07-09 | 19.92x |
| 2026-07-08 | 19.08x |
| 2026-07-07 | 19.58x |
| 2026-07-06 | 19.88x |
| 2026-07-02 | 18.66x |
| 2026-07-01 | 18.34x |
| 2026-06-30 | 17.87x |
| 2026-06-29 | 16.33x |
| 2026-06-26 | 14.84x |
| 2026-06-25 | 13.58x |
| 2026-06-24 | 13.80x |
| 2026-06-23 | 13.49x |
| 2026-06-22 | 13.08x |
| 2026-06-18 | 13.32x |
| 2026-06-17 | 13.32x |
| 2026-06-16 | 13.34x |
| 2026-06-15 | 13.70x |
| 2026-06-12 | 13.29x |
| 2026-06-11 | 13.32x |
| 2026-06-10 | 13.29x |
| 2026-06-09 | 13.24x |
| 2026-06-08 | 13.63x |
| 2026-06-05 | 13.76x |
| 2026-06-04 | 14.42x |
| 2026-06-03 | 14.60x |
| 2026-06-02 | 15.15x |
| 2026-06-01 | 14.43x |
| 2026-05-29 | 13.94x |
| 2026-05-28 | 12.90x |
| 2026-05-27 | 12.22x |
| 2026-05-26 | 12.84x |
| 2026-05-22 | 12.67x |
| 2026-05-21 | 12.54x |
| 2026-05-20 | 12.69x |
| 2026-05-19 | 12.58x |
| 2026-05-18 | 11.61x |
| 2026-05-15 | 10.87x |
| 2026-05-14 | 10.39x |
| 2026-05-13 | 10.45x |
| 2026-05-12 | 10.65x |
| 2026-05-11 | 10.79x |
| 2026-05-08 | 11.02x |
| 2026-05-07 | 10.89x |
| 2026-05-06 | 10.72x |
| 2026-05-05 | 10.94x |
| 2026-05-04 | 10.85x |
| 2026-05-01 | 11.04x |
| 2026-04-30 | 10.88x |
| 2026-04-29 | 11.15x |
| 2026-04-28 | 10.67x |
| 2026-04-27 | 10.68x |
| 2026-04-24 | 10.47x |
| 2026-04-23 | 10.22x |
| 2026-04-22 | 10.73x |
| 2026-04-21 | 10.51x |
| 2026-04-20 | 10.24x |
| 2026-04-17 | 10.16x |
| 2026-04-16 | 10.01x |
| 2026-04-15 | 9.96x |
| 2026-04-14 | 9.46x |
| 2026-04-13 | 9.25x |
| 2026-04-10 | 8.61x |
| 2026-04-09 | 8.78x |
| 2026-04-08 | 9.49x |
| 2026-04-07 | 9.62x |
| 2026-04-06 | 9.74x |
| 2026-04-02 | 9.33x |
| 2026-04-01 | 9.08x |
| 2026-03-31 | 9.02x |
| 2026-03-30 | 9.08x |
| 2026-03-27 | 8.84x |
| 2026-03-26 | 9.66x |
| 2026-03-25 | 9.58x |
| 2026-03-24 | 9.97x |
| 2026-03-23 | 10.59x |
| 2026-03-20 | 10.39x |
| 2026-03-19 | 10.55x |
| 2026-03-18 | 10.62x |
| 2026-03-17 | 10.57x |
| 2026-03-16 | 10.51x |
| 2026-03-13 | 10.60x |
| 2026-03-12 | 10.60x |
| 2026-03-11 | 10.70x |
| 2026-03-10 | 10.78x |
| 2026-03-09 | 10.94x |
| 2026-03-06 | 10.95x |
| 2026-03-05 | 11.01x |
| 2026-03-04 | 10.64x |
| 2026-03-03 | 10.44x |
| 2026-03-02 | 10.29x |
| 2026-02-27 | 10.22x |
| 2026-02-26 | 10.30x |
| 2026-02-25 | 10.11x |
| 2026-02-24 | 9.77x |
| 2026-02-23 | 9.42x |
| 2026-02-20 | 10.55x |
| 2026-02-19 | 11.47x |
| 2026-02-18 | 11.55x |
| 2026-02-17 | 11.60x |
| 2026-02-13 | 11.82x |
| 2026-02-12 | 11.61x |
| 2026-02-11 | 11.82x |
| 2026-02-10 | 11.99x |
| 2026-02-09 | 11.49x |
| 2026-02-06 | 11.18x |
| 2026-02-05 | 10.48x |
| 2026-02-04 | 10.46x |
| 2026-02-03 | 10.62x |
| 2026-02-02 | 11.56x |
| 2026-01-30 | 11.58x |
| 2026-01-29 | 11.35x |
| 2026-01-28 | 11.78x |
| 2026-01-27 | 11.91x |
| 2026-01-26 | 12.09x |
| 2026-01-23 | 11.77x |
| 2026-01-22 | 11.91x |
| 2026-01-21 | 11.71x |
| 2026-01-20 | 11.49x |
| 2026-01-16 | 11.61x |
| 2026-01-15 | 11.86x |
| 2026-01-14 | 11.81x |
| 2026-01-13 | 11.86x |
| 2026-01-12 | 12.08x |
| 2026-01-09 | 12.16x |
| 2026-01-08 | 12.30x |
| 2026-01-07 | 12.47x |
| 2026-01-06 | 12.17x |
| 2026-01-05 | 12.06x |
| 2026-01-02 | 11.91x |
| 2025-12-31 | 12.29x |
| 2025-12-30 | 12.43x |
| 2025-12-29 | 12.49x |
| 2025-12-26 | 12.56x |
| 2025-12-24 | 12.60x |
| 2025-12-23 | 12.62x |
| 2025-12-22 | 12.84x |
| 2025-12-19 | 12.90x |
| 2025-12-18 | 13.03x |
| 2025-12-17 | 12.83x |
| 2025-12-16 | 12.84x |
| 2025-12-15 | 12.88x |
| 2025-12-12 | 13.61x |
| 2025-12-11 | 13.79x |
| 2025-12-10 | 13.87x |
| 2025-12-09 | 13.75x |
| 2025-12-08 | 13.71x |
| 2025-12-05 | 13.67x |
| 2025-12-04 | 13.79x |
| 2025-12-03 | 13.87x |
| 2025-12-02 | 13.71x |
| 2025-12-01 | 13.61x |
| 2025-11-28 | 13.73x |
| 2025-11-26 | 13.61x |
| 2025-11-25 | 13.73x |
| 2025-11-24 | 13.32x |
| 2025-11-21 | 13.51x |
| 2025-11-20 | 13.31x |
| 2025-11-19 | 13.38x |
| 2025-11-18 | 13.38x |
| 2025-11-17 | 13.51x |
| 2025-11-14 | 13.95x |
| 2025-11-13 | 13.98x |
| 2025-11-12 | 14.20x |
| 2025-11-11 | 14.46x |
| 2025-11-10 | 14.47x |
| 2025-11-07 | 14.28x |
| 2025-11-06 | 14.14x |
| 2025-11-05 | 14.27x |
| 2025-11-04 | 14.48x |
| 2025-11-03 | 14.94x |
| 2025-10-31 | 14.94x |
| 2025-10-30 | 14.86x |
| 2025-10-29 | 14.76x |
| 2025-10-28 | 15.58x |
| 2025-10-27 | 15.48x |
| 2025-10-24 | 15.56x |
| 2025-10-23 | 15.42x |
| 2025-10-22 | 15.46x |
| 2025-10-21 | 15.63x |
| 2025-10-20 | 15.30x |
| 2025-10-17 | 14.94x |
| 2025-10-16 | 15.02x |
| 2025-10-15 | 15.14x |
| 2025-10-14 | 15.04x |
| 2025-10-13 | 15.09x |
| 2025-10-10 | 14.96x |
| 2025-10-09 | 15.22x |
| 2025-10-08 | 15.36x |
| 2025-10-07 | 15.02x |
| 2025-10-06 | 15.23x |
| 2025-10-03 | 15.21x |
| 2025-10-02 | 15.18x |
| 2025-10-01 | 14.87x |
| 2025-09-30 | 15.01x |
| 2025-09-29 | 15.34x |
| 2025-09-26 | 15.25x |
| 2025-09-25 | 15.20x |
| 2025-09-24 | 15.37x |
| 2025-09-23 | 15.47x |
| 2025-09-22 | 15.64x |
| 2025-09-19 | 15.52x |
Showing the most recent 260 of 1,487 data points. The chart above shows the full history.
