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 17.66x is in line with its estimated 5-year average of 16.98x, around the middle of its estimated 5-year range (10.40x–26.01x).
As of 2026-09-12T00:16:11.359Z. 16.82% below its estimated 12-month average of 21.23x.
Calculation as of: 2026-09-12T00:16:11.359Z.
Quote observation: 2026-09-11T20:00:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: d1f0a601bf4881217105f3d38e84d63c1bd62d476e1a552230e61949490821d6
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 2026-09-09.
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
17.66x
EV/FCF RATIO AVG TTM
21.23x
EV/FCF RATIO AVG 3Y
17.48x
EV/FCF RATIO AVG 5Y
16.98x
EV/FCF RATIO AVG 10Y
14.11x
EV/FCF RATIO AVG 15Y
14.65x
EV/FCF RATIO AVG 20Y
15.59x
CURRENT VS TTM AVG
-16.82%
CURRENT VS 3Y AVG
+1.02%
CURRENT VS 5Y AVG
+4.02%
CURRENT VS 10Y AVG
+25.13%
CURRENT VS 15Y AVG
+20.52%
CURRENT VS 20Y AVG
+13.29%
SECTOR MEDIAN · HEALTHCARE
25.02x
median of 80 covered companies
CURRENT VS SECTOR MEDIAN
-29.42%
vs the sector median at left
United Therapeutics Corporation
Market Cap
$21.10B
EV/FCF Ratio
17.66x
TTM Avg
21.23x
3Y Avg
17.48x
5Y Avg
16.98x
Market Cap
$18.09B
EV/FCF Ratio
19.76x
TTM Avg
15.08x
3Y Avg
21.97x
5Y Avg
23.84x
Market Cap
$24.37B
EV/FCF Ratio
55.49x
TTM Avg
49.75x
3Y Avg
58.27x
5Y Avg
62.79x
Market Cap
$24.62B
EV/FCF Ratio
10.77x
TTM Avg
13.63x
3Y Avg
96.18x
5Y Avg
65.01x
Market Cap
$25.55B
EV/FCF Ratio
27.85x
TTM Avg
22.61x
3Y Avg
25.77x
5Y Avg
21.08x
Market Cap
$16.40B
EV/FCF Ratio
22.84x
TTM Avg
21.78x
3Y Avg
22.28x
5Y Avg
22.36x
| NAME | MARKET CAP | EV/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| United Therapeutics Corporation (UTHR) | $21.10B | 17.66x | 21.23x | 17.48x | 16.98x |
| STERIS plc (STE)vs › | $20.54B | 23.88x | 26.57x | 35.18x | 44.68x |
| Viatris Inc. (VTRS)vs › | $19.23B | 17.07x | 17.29x | 15.43x | 15.08x |
| Zimmer Biomet Holdings, Inc. (ZBH)vs › | $18.09B | 19.76x | 15.08x | 21.97x | 23.84x |
| BioNTech SE (BNTX)vs › | $24.30B | 21.88x | 18.52x | 8.04x | 11.47x |
| West Pharmaceutical Services, Inc. (WST)vs › | $24.37B | 55.49x | 49.75x | 58.27x | 62.79x |
| Incyte Corporation (INCY)vs › | $24.62B | 10.77x | 13.63x | 96.18x | 65.01x |
| Labcorp Holdings Inc. (LH)vs › | $25.55B | 27.85x | 22.61x | 25.77x | 21.08x |
| Medpace Holdings, Inc. (MEDP)vs › | $16.40B | 22.84x | 21.78x | 22.28x | 22.36x |
| Quest Diagnostics Incorporated (DGX)vs › | $25.94B | 25.98x | 21.52x | 24.00x | 20.30x |
EV/FCF
17.7x
P/FCF
19.3x
FCF Yield
5.18%
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 |
|---|---|
| 2026-09-09 | 19.59x |
| 2026-09-08 | 19.22x |
| 2026-09-04 | 18.78x |
| 2026-09-03 | 18.89x |
| 2026-09-02 | 18.97x |
| 2026-09-01 | 19.83x |
| 2026-08-31 | 19.74x |
| 2026-08-28 | 19.95x |
| 2026-08-27 | 20.47x |
| 2026-08-26 | 20.00x |
| 2026-08-25 | 20.08x |
| 2026-08-24 | 19.84x |
| 2026-08-21 | 19.85x |
| 2026-08-20 | 20.18x |
| 2026-08-19 | 20.52x |
| 2026-08-18 | 20.07x |
| 2026-08-17 | 19.66x |
| 2026-08-14 | 19.29x |
| 2026-08-13 | 19.35x |
| 2026-08-12 | 19.79x |
| 2026-08-11 | 19.95x |
| 2026-08-10 | 20.54x |
| 2026-08-07 | 20.93x |
| 2026-08-06 | 20.68x |
| 2026-08-05 | 23.03x |
| 2026-08-04 | 23.02x |
| 2026-08-03 | 22.91x |
| 2026-07-31 | 22.97x |
| 2026-07-30 | 23.35x |
| 2026-07-29 | 23.30x |
| 2026-07-28 | 23.25x |
| 2026-07-27 | 23.45x |
| 2026-07-24 | 23.47x |
| 2026-07-23 | 23.52x |
| 2026-07-22 | 23.41x |
| 2026-07-21 | 23.81x |
| 2026-07-20 | 23.51x |
| 2026-07-17 | 23.81x |
| 2026-07-16 | 23.50x |
| 2026-07-15 | 23.63x |
| 2026-07-14 | 23.39x |
| 2026-07-13 | 23.80x |
| 2026-07-10 | 24.34x |
| 2026-07-09 | 24.59x |
| 2026-07-08 | 24.67x |
| 2026-07-07 | 25.11x |
| 2026-07-06 | 24.34x |
| 2026-07-02 | 24.75x |
| 2026-07-01 | 24.34x |
| 2026-06-30 | 24.09x |
| 2026-06-29 | 24.24x |
| 2026-06-26 | 24.13x |
| 2026-06-25 | 24.17x |
| 2026-06-24 | 24.47x |
| 2026-06-23 | 24.21x |
| 2026-06-22 | 23.93x |
| 2026-06-18 | 23.85x |
| 2026-06-17 | 24.54x |
| 2026-06-16 | 24.39x |
| 2026-06-15 | 24.45x |
| 2026-06-12 | 24.28x |
| 2026-06-11 | 24.26x |
| 2026-06-10 | 24.20x |
| 2026-06-09 | 24.62x |
| 2026-06-08 | 24.23x |
| 2026-06-05 | 24.47x |
| 2026-06-04 | 24.36x |
| 2026-06-03 | 24.45x |
| 2026-06-02 | 24.01x |
| 2026-06-01 | 24.22x |
| 2026-05-29 | 24.79x |
| 2026-05-28 | 25.03x |
| 2026-05-27 | 25.44x |
| 2026-05-26 | 25.79x |
| 2026-05-22 | 25.33x |
| 2026-05-21 | 25.21x |
| 2026-05-20 | 25.12x |
| 2026-05-19 | 25.25x |
| 2026-05-18 | 25.26x |
| 2026-05-15 | 25.33x |
| 2026-05-14 | 25.67x |
| 2026-05-13 | 25.84x |
| 2026-05-12 | 25.95x |
| 2026-05-11 | 25.39x |
| 2026-05-08 | 25.17x |
| 2026-05-07 | 25.36x |
| 2026-05-06 | 26.01x |
| 2026-05-05 | 24.88x |
| 2026-05-04 | 25.29x |
| 2026-05-01 | 24.79x |
| 2026-04-30 | 24.84x |
| 2026-04-29 | 24.82x |
| 2026-04-28 | 24.73x |
| 2026-04-27 | 24.64x |
| 2026-04-24 | 24.64x |
| 2026-04-23 | 24.91x |
| 2026-04-22 | 24.97x |
| 2026-04-21 | 24.93x |
| 2026-04-20 | 24.93x |
| 2026-04-17 | 25.62x |
| 2026-04-16 | 25.26x |
| 2026-04-15 | 25.12x |
| 2026-04-14 | 25.17x |
| 2026-04-13 | 25.13x |
| 2026-04-10 | 24.85x |
| 2026-04-09 | 24.99x |
| 2026-04-08 | 25.31x |
| 2026-04-07 | 24.58x |
| 2026-04-06 | 24.30x |
| 2026-04-02 | 24.54x |
| 2026-04-01 | 24.79x |
| 2026-03-31 | 25.83x |
| 2026-03-30 | 25.62x |
| 2026-03-27 | 22.60x |
| 2026-03-26 | 23.05x |
| 2026-03-25 | 23.47x |
| 2026-03-24 | 23.02x |
| 2026-03-23 | 22.53x |
| 2026-03-20 | 22.67x |
| 2026-03-19 | 22.80x |
| 2026-03-18 | 22.95x |
| 2026-03-17 | 23.40x |
| 2026-03-16 | 23.13x |
| 2026-03-13 | 23.22x |
| 2026-03-12 | 23.06x |
| 2026-03-11 | 23.61x |
| 2026-03-10 | 23.20x |
| 2026-03-09 | 22.90x |
| 2026-03-06 | 20.55x |
| 2026-03-05 | 20.87x |
| 2026-03-04 | 21.10x |
| 2026-03-03 | 21.49x |
| 2026-03-02 | 22.19x |
| 2026-02-27 | 21.73x |
| 2026-02-26 | 21.72x |
| 2026-02-25 | 21.55x |
| 2026-02-24 | 18.95x |
| 2026-02-23 | 18.99x |
| 2026-02-20 | 18.95x |
| 2026-02-19 | 19.25x |
| 2026-02-18 | 19.06x |
| 2026-02-17 | 19.33x |
| 2026-02-13 | 18.96x |
| 2026-02-12 | 19.06x |
| 2026-02-11 | 19.05x |
| 2026-02-10 | 18.94x |
| 2026-02-09 | 18.93x |
| 2026-02-06 | 19.45x |
| 2026-02-05 | 19.18x |
| 2026-02-04 | 19.33x |
| 2026-02-03 | 19.15x |
| 2026-02-02 | 19.01x |
| 2026-01-30 | 18.78x |
| 2026-01-29 | 18.71x |
| 2026-01-28 | 18.69x |
| 2026-01-27 | 19.09x |
| 2026-01-26 | 18.94x |
| 2026-01-23 | 18.76x |
| 2026-01-22 | 18.89x |
| 2026-01-21 | 18.79x |
| 2026-01-20 | 18.72x |
| 2026-01-16 | 18.59x |
| 2026-01-15 | 18.89x |
| 2026-01-14 | 19.04x |
| 2026-01-13 | 19.09x |
| 2026-01-12 | 19.32x |
| 2026-01-09 | 19.36x |
| 2026-01-08 | 19.68x |
| 2026-01-07 | 20.22x |
| 2026-01-06 | 20.18x |
| 2026-01-05 | 19.63x |
| 2026-01-02 | 19.93x |
| 2025-12-31 | 19.53x |
| 2025-12-30 | 19.91x |
| 2025-12-29 | 20.19x |
| 2025-12-26 | 20.37x |
| 2025-12-24 | 20.68x |
| 2025-12-23 | 20.51x |
| 2025-12-22 | 20.65x |
| 2025-12-19 | 20.79x |
| 2025-12-18 | 20.36x |
| 2025-12-17 | 20.53x |
| 2025-12-16 | 20.07x |
| 2025-12-15 | 20.08x |
| 2025-12-12 | 19.81x |
| 2025-12-11 | 19.58x |
| 2025-12-10 | 19.43x |
| 2025-12-09 | 19.07x |
| 2025-12-08 | 19.20x |
| 2025-12-05 | 19.62x |
| 2025-12-04 | 19.40x |
| 2025-12-03 | 19.26x |
| 2025-12-02 | 18.98x |
| 2025-12-01 | 19.22x |
| 2025-11-28 | 19.48x |
| 2025-11-26 | 19.58x |
| 2025-11-25 | 19.47x |
| 2025-11-24 | 19.11x |
| 2025-11-21 | 19.01x |
| 2025-11-20 | 19.00x |
| 2025-11-19 | 19.08x |
| 2025-11-18 | 19.08x |
| 2025-11-17 | 18.88x |
| 2025-11-14 | 18.65x |
| 2025-11-13 | 18.48x |
| 2025-11-12 | 18.45x |
| 2025-11-11 | 18.35x |
| 2025-11-10 | 18.12x |
| 2025-11-07 | 17.91x |
| 2025-11-06 | 18.13x |
| 2025-11-05 | 17.85x |
| 2025-11-04 | 17.43x |
| 2025-11-03 | 17.48x |
| 2025-10-31 | 17.77x |
| 2025-10-30 | 18.11x |
| 2025-10-29 | 19.05x |
| 2025-10-28 | 17.24x |
| 2025-10-27 | 17.50x |
| 2025-10-24 | 17.39x |
| 2025-10-23 | 17.73x |
| 2025-10-22 | 17.53x |
| 2025-10-21 | 17.57x |
| 2025-10-20 | 18.03x |
| 2025-10-17 | 18.06x |
| 2025-10-16 | 18.03x |
| 2025-10-15 | 18.00x |
| 2025-10-14 | 18.07x |
| 2025-10-13 | 18.36x |
| 2025-10-10 | 18.36x |
| 2025-10-09 | 18.60x |
| 2025-10-08 | 18.76x |
| 2025-10-07 | 19.12x |
| 2025-10-06 | 18.95x |
| 2025-10-03 | 18.95x |
| 2025-10-02 | 18.51x |
| 2025-10-01 | 18.27x |
| 2025-09-30 | 17.42x |
| 2025-09-29 | 17.65x |
| 2025-09-26 | 18.02x |
| 2025-09-25 | 17.70x |
| 2025-09-24 | 18.30x |
| 2025-09-23 | 18.09x |
| 2025-09-22 | 17.22x |
| 2025-09-19 | 17.34x |
| 2025-09-18 | 17.00x |
| 2025-09-17 | 16.72x |
| 2025-09-16 | 16.46x |
| 2025-09-15 | 16.69x |
| 2025-09-12 | 16.78x |
| 2025-09-11 | 16.77x |
| 2025-09-10 | 16.39x |
| 2025-09-09 | 16.72x |
| 2025-09-08 | 16.31x |
| 2025-09-05 | 16.58x |
| 2025-09-04 | 15.67x |
| 2025-09-03 | 16.17x |
| 2025-09-02 | 16.77x |
| 2025-08-29 | 12.26x |
| 2025-08-28 | 12.37x |
| 2025-08-27 | 12.28x |
Showing the most recent 260 of 4,447 data points. The chart above shows the full history.