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 44.22x is in line with its estimated 5-year average of 44.59x, near the low end of its estimated 5-year range (21.25x–117.48x).
As of 2026-09-26T00:16:12.111Z. 17.50% below its estimated 12-month average of 53.60x.
Calculation as of: 2026-09-26T00:16:12.111Z.
Quote observation: 2026-09-25T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 952267abd0eeaf3eef22406edc1cce937a1755e404326d1685254c15cce452e5
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
44.22x
EV/FCF RATIO AVG TTM
53.60x
EV/FCF RATIO AVG 3Y
53.54x
EV/FCF RATIO AVG 5Y
44.59x
EV/FCF RATIO AVG 10Y
43.98x
EV/FCF RATIO AVG 15Y
42.95x
EV/FCF RATIO AVG 20Y
53.31x
CURRENT VS TTM AVG
-17.50%
CURRENT VS 3Y AVG
-17.41%
CURRENT VS 5Y AVG
-0.83%
CURRENT VS 10Y AVG
+0.55%
CURRENT VS 15Y AVG
+2.97%
CURRENT VS 20Y AVG
-17.05%
SECTOR MEDIAN · ENERGY
18.06x
median of 46 covered companies
CURRENT VS SECTOR MEDIAN
+144.78%
vs the sector median at left
Texas Pacific Land Corporation
Market Cap
$23.53B
EV/FCF Ratio
44.22x
TTM Avg
53.60x
3Y Avg
53.54x
5Y Avg
44.59x
Market Cap
$25.97B
EV/FCF Ratio
23.98x
TTM Avg
22.29x
3Y Avg
21.37x
5Y Avg
20.40x
Market Cap
$20.10B
EV/FCF Ratio
9.07x
TTM Avg
16.45x
3Y Avg
453.44x
5Y Avg
276.16x
Market Cap
$27.37B
EV/FCF Ratio
19.43x
TTM Avg
19.22x
3Y Avg
16.74x
5Y Avg
24.94x
| NAME | MARKET CAP | EV/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Texas Pacific Land Corporation (TPL) | $23.53B | 44.22x | 53.60x | 53.54x | 44.59x |
| Pembina Pipeline Corporation (PBA)vs › | $25.97B | 23.98x | 22.29x | 21.37x | 20.40x |
| Expand Energy Corporation (EXE)vs › | $20.10B | 9.07x | 16.45x | 453.44x | 276.16x |
| Halliburton Company (HAL)vs › | $27.37B | 19.43x | 19.22x | 16.74x | 24.94x |
| First Solar, Inc. (FSLR)vs › | $19.10B | 11.74x | 24.79x | 24.79x | 24.79x |
| Tenaris S.A. (TS)vs › | $29.76B | 17.11x | 13.99x | 9.01x | 229.52x |
| Venture Global, Inc. (VG)vs › | $30.82B | N/A | N/A | N/A | N/A |
| EQT Corporation (EQT)vs › | $31.78B | 9.91x | 14.39x | 30.42x | 33.41x |
| APA Corporation (APA)vs › | $15.11B | 8.80x | 9.00x | 14.35x | 12.15x |
| Nextpower Inc. (NXT)vs › | $12.26B | 20.06x | 26.41x | 19.65x | 23.83x |
EV/FCF
44.2x
P/FCF
44.7x
FCF Yield
2.24%
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 | 47.94x |
| 2026-09-10 | 47.54x |
| 2026-09-09 | 48.59x |
| 2026-09-08 | 49.61x |
| 2026-09-04 | 47.06x |
| 2026-09-03 | 47.59x |
| 2026-09-02 | 47.70x |
| 2026-09-01 | 48.04x |
| 2026-08-31 | 48.62x |
| 2026-08-28 | 47.32x |
| 2026-08-27 | 48.02x |
| 2026-08-26 | 47.98x |
| 2026-08-25 | 48.42x |
| 2026-08-24 | 48.51x |
| 2026-08-21 | 49.84x |
| 2026-08-20 | 48.00x |
| 2026-08-19 | 48.47x |
| 2026-08-18 | 47.45x |
| 2026-08-17 | 46.85x |
| 2026-08-14 | 46.55x |
| 2026-08-13 | 45.04x |
| 2026-08-12 | 44.48x |
| 2026-08-11 | 47.39x |
| 2026-08-10 | 45.49x |
| 2026-08-07 | 44.21x |
| 2026-08-06 | 46.17x |
| 2026-08-05 | 52.96x |
| 2026-08-04 | 54.86x |
| 2026-08-03 | 56.35x |
| 2026-07-31 | 55.85x |
| 2026-07-30 | 54.69x |
| 2026-07-29 | 54.01x |
| 2026-07-28 | 54.01x |
| 2026-07-27 | 55.02x |
| 2026-07-24 | 58.21x |
| 2026-07-23 | 59.06x |
| 2026-07-22 | 60.12x |
| 2026-07-21 | 58.14x |
| 2026-07-20 | 56.31x |
| 2026-07-17 | 57.69x |
| 2026-07-16 | 57.74x |
| 2026-07-15 | 57.37x |
| 2026-07-14 | 57.72x |
| 2026-07-13 | 56.74x |
| 2026-07-10 | 55.19x |
| 2026-07-09 | 54.20x |
| 2026-07-08 | 54.73x |
| 2026-07-07 | 55.88x |
| 2026-07-06 | 55.88x |
| 2026-07-02 | 56.50x |
| 2026-07-01 | 57.59x |
| 2026-06-30 | 60.76x |
| 2026-06-29 | 58.29x |
| 2026-06-26 | 54.90x |
| 2026-06-25 | 54.24x |
| 2026-06-24 | 52.35x |
| 2026-06-23 | 51.28x |
| 2026-06-22 | 50.05x |
| 2026-06-18 | 49.21x |
| 2026-06-17 | 49.12x |
| 2026-06-16 | 49.38x |
| 2026-06-15 | 50.28x |
| 2026-06-12 | 52.54x |
| 2026-06-11 | 51.23x |
| 2026-06-10 | 52.02x |
| 2026-06-09 | 52.99x |
| 2026-06-08 | 54.95x |
| 2026-06-05 | 54.06x |
| 2026-06-04 | 56.43x |
| 2026-06-03 | 56.44x |
| 2026-06-02 | 51.41x |
| 2026-06-01 | 51.05x |
| 2026-05-29 | 54.51x |
| 2026-05-28 | 55.68x |
| 2026-05-27 | 56.34x |
| 2026-05-26 | 55.50x |
| 2026-05-22 | 55.77x |
| 2026-05-21 | 55.07x |
| 2026-05-20 | 55.84x |
| 2026-05-19 | 54.73x |
| 2026-05-18 | 53.62x |
| 2026-05-15 | 53.42x |
| 2026-05-14 | 53.88x |
| 2026-05-13 | 53.60x |
| 2026-05-12 | 55.68x |
| 2026-05-11 | 55.86x |
| 2026-05-08 | 54.68x |
| 2026-05-07 | 55.36x |
| 2026-05-06 | 59.34x |
| 2026-05-05 | 60.86x |
| 2026-05-04 | 61.20x |
| 2026-05-01 | 61.31x |
| 2026-04-30 | 62.73x |
| 2026-04-29 | 62.08x |
| 2026-04-28 | 60.92x |
| 2026-04-27 | 61.77x |
| 2026-04-24 | 62.06x |
| 2026-04-23 | 62.09x |
| 2026-04-22 | 62.14x |
| 2026-04-21 | 61.89x |
| 2026-04-20 | 61.48x |
| 2026-04-17 | 59.74x |
| 2026-04-16 | 60.27x |
| 2026-04-15 | 58.99x |
| 2026-04-14 | 58.27x |
| 2026-04-13 | 58.92x |
| 2026-04-10 | 57.95x |
| 2026-04-09 | 53.41x |
| 2026-04-08 | 63.39x |
| 2026-04-07 | 63.60x |
| 2026-04-06 | 63.47x |
| 2026-04-02 | 62.82x |
| 2026-04-01 | 62.10x |
| 2026-03-31 | 67.12x |
| 2026-03-30 | 66.10x |
| 2026-03-27 | 72.40x |
| 2026-03-26 | 73.89x |
| 2026-03-25 | 75.04x |
| 2026-03-24 | 75.73x |
| 2026-03-23 | 74.68x |
| 2026-03-20 | 73.48x |
| 2026-03-19 | 75.34x |
| 2026-03-18 | 75.00x |
| 2026-03-17 | 74.87x |
| 2026-03-16 | 74.55x |
| 2026-03-13 | 75.15x |
| 2026-03-12 | 74.84x |
| 2026-03-11 | 74.25x |
| 2026-03-10 | 73.68x |
| 2026-03-09 | 76.38x |
| 2026-03-06 | 74.28x |
| 2026-03-05 | 74.04x |
| 2026-03-04 | 75.85x |
| 2026-03-03 | 74.08x |
| 2026-03-02 | 75.14x |
| 2026-02-27 | 74.18x |
| 2026-02-26 | 72.51x |
| 2026-02-25 | 72.19x |
| 2026-02-24 | 75.26x |
| 2026-02-23 | 71.13x |
| 2026-02-20 | 70.71x |
| 2026-02-19 | 68.82x |
| 2026-02-18 | 58.11x |
| 2026-02-17 | 56.19x |
| 2026-02-13 | 56.98x |
| 2026-02-12 | 54.18x |
| 2026-02-11 | 54.46x |
| 2026-02-10 | 52.86x |
| 2026-02-09 | 49.23x |
| 2026-02-06 | 48.09x |
| 2026-02-05 | 45.32x |
| 2026-02-04 | 45.47x |
| 2026-02-03 | 44.08x |
| 2026-02-02 | 44.15x |
| 2026-01-30 | 45.72x |
| 2026-01-29 | 46.37x |
| 2026-01-28 | 46.58x |
| 2026-01-27 | 45.30x |
| 2026-01-26 | 44.83x |
| 2026-01-23 | 45.53x |
| 2026-01-22 | 45.38x |
| 2026-01-21 | 45.44x |
| 2026-01-20 | 42.97x |
| 2026-01-16 | 44.26x |
| 2026-01-15 | 43.38x |
| 2026-01-14 | 42.85x |
| 2026-01-13 | 42.16x |
| 2026-01-12 | 40.59x |
| 2026-01-09 | 40.83x |
| 2026-01-08 | 39.63x |
| 2026-01-07 | 36.74x |
| 2026-01-06 | 38.40x |
| 2026-01-05 | 38.91x |
| 2026-01-02 | 38.96x |
| 2025-12-31 | 37.52x |
| 2025-12-30 | 38.25x |
| 2025-12-29 | 38.50x |
| 2025-12-26 | 37.56x |
| 2025-12-24 | 38.70x |
| 2025-12-23 | 38.88x |
| 2025-12-22 | 39.61x |
| 2025-12-19 | 39.18x |
| 2025-12-18 | 39.03x |
| 2025-12-17 | 38.47x |
| 2025-12-16 | 35.69x |
| 2025-12-15 | 36.54x |
| 2025-12-12 | 36.49x |
| 2025-12-11 | 38.80x |
| 2025-12-10 | 38.90x |
| 2025-12-09 | 38.38x |
| 2025-12-08 | 39.42x |
| 2025-12-05 | 40.36x |
| 2025-12-04 | 40.12x |
| 2025-12-03 | 39.89x |
| 2025-12-02 | 37.66x |
| 2025-12-01 | 37.17x |
| 2025-11-28 | 37.64x |
| 2025-11-26 | 37.58x |
| 2025-11-25 | 37.64x |
| 2025-11-24 | 38.19x |
| 2025-11-21 | 39.08x |
| 2025-11-20 | 38.50x |
| 2025-11-19 | 39.49x |
| 2025-11-18 | 40.14x |
| 2025-11-17 | 41.80x |
| 2025-11-14 | 44.72x |
| 2025-11-13 | 43.21x |
| 2025-11-12 | 43.99x |
| 2025-11-11 | 43.22x |
| 2025-11-10 | 43.43x |
| 2025-11-07 | 42.89x |
| 2025-11-06 | 44.20x |
| 2025-11-05 | 55.83x |
| 2025-11-04 | 55.54x |
| 2025-11-03 | 56.18x |
| 2025-10-31 | 57.35x |
| 2025-10-30 | 56.42x |
| 2025-10-29 | 56.17x |
| 2025-10-28 | 55.58x |
| 2025-10-27 | 56.48x |
| 2025-10-24 | 56.43x |
| 2025-10-23 | 56.99x |
| 2025-10-22 | 56.26x |
| 2025-10-21 | 56.43x |
| 2025-10-20 | 56.79x |
| 2025-10-17 | 57.07x |
| 2025-10-16 | 57.03x |
| 2025-10-15 | 56.31x |
| 2025-10-14 | 55.11x |
| 2025-10-13 | 54.16x |
| 2025-10-10 | 53.98x |
| 2025-10-09 | 55.25x |
| 2025-10-08 | 57.94x |
| 2025-10-07 | 58.36x |
| 2025-10-06 | 59.35x |
| 2025-10-03 | 57.51x |
| 2025-10-02 | 58.87x |
| 2025-10-01 | 58.26x |
| 2025-09-30 | 56.74x |
| 2025-09-29 | 55.93x |
| 2025-09-26 | 58.03x |
| 2025-09-25 | 56.24x |
| 2025-09-24 | 56.83x |
| 2025-09-23 | 56.60x |
| 2025-09-22 | 53.21x |
| 2025-09-19 | 53.09x |
| 2025-09-18 | 55.47x |
| 2025-09-17 | 55.45x |
| 2025-09-16 | 56.87x |
| 2025-09-15 | 56.11x |
| 2025-09-12 | 56.96x |
| 2025-09-11 | 57.08x |
| 2025-09-10 | 56.99x |
| 2025-09-09 | 54.65x |
| 2025-09-08 | 55.43x |
| 2025-09-05 | 53.97x |
| 2025-09-04 | 56.45x |
| 2025-09-03 | 55.24x |
| 2025-09-02 | 57.28x |
| 2025-08-29 | 56.73x |
Showing the most recent 260 of 4,995 data points. The chart above shows the full history.
