Basis: FMP quote market capitalization / four-quarter operating cash flow. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the Price/OCF ratio high or low?
The Price/OCF ratio of 39.67 is 72% below its estimated 5-year average of 140.30, near the low end of its estimated 5-year range (17.69–763.88).
As of 2026-10-02T19:46:04.364Z. 32.24% above its estimated 12-month average of 30.00.
Calculation as of: 2026-10-02T19:46:04.364Z.
Quote observation: 2026-10-02T19:45:05.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: ad265b5d282fbca528981da399c26c795013e7194f1a6dd382c054dc58ac986c
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.
PRICE/OCF RATIO
39.67
PRICE/OCF RATIO AVG TTM
30.00
PRICE/OCF RATIO AVG 3Y
52.47
PRICE/OCF RATIO AVG 5Y
140.30
PRICE/OCF RATIO AVG 10Y
133.23
PRICE/OCF RATIO AVG 15Y
N/A
PRICE/OCF RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+32.24%
CURRENT VS 3Y AVG
-24.40%
CURRENT VS 5Y AVG
-71.73%
CURRENT VS 10Y AVG
-70.22%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
23.63
median of 187 covered companies
CURRENT VS SECTOR MEDIAN
+67.88%
vs the sector median at left
Varonis Systems, Inc.
Market Cap
$5.48B
Price/OCF Ratio
39.67
TTM Avg
30.00
3Y Avg
52.47
5Y Avg
140.30
Market Cap
$5.30B
Price/OCF Ratio
98.30
TTM Avg
117.99
3Y Avg
61.44
5Y Avg
44.32
Market Cap
$5.30B
Price/OCF Ratio
10.27
TTM Avg
72.63
3Y Avg
90.34
5Y Avg
90.34
Market Cap
$4.83B
Price/OCF Ratio
19.32
TTM Avg
15.35
3Y Avg
18.53
5Y Avg
15.52
| NAME | MARKET CAP | PRICE/OCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Varonis Systems, Inc. (VRNS) | $5.48B | 39.67 | 30.00 | 52.47 | 140.30 |
| Genpact Limited (G)vs › | $5.65B | 8.78 | 9.11 | 11.42 | 13.27 |
| Kulicke and Soffa Industries, Inc. (KLIC)vs › | $5.30B | 98.30 | 117.99 | 61.44 | 44.32 |
| Core Scientific, Inc. (CORZ)vs › | $5.30B | 10.27 | 72.63 | 90.34 | 90.34 |
| EPAM Systems, Inc. (EPAM)vs › | $5.69B | 10.56 | 14.37 | 19.84 | 28.97 |
| Lyft, Inc. (LYFT)vs › | $5.85B | 4.76 | 5.92 | 10.58 | 10.58 |
| Rigetti Computing, Inc. (RGTI)vs › | $5.06B | N/A | N/A | N/A | N/A |
| Diodes Incorporated (DIOD)vs › | $4.83B | 19.32 | 15.35 | 18.53 | 15.52 |
| Cirrus Logic, Inc. (CRUS)vs › | $6.16B | 10.28 | 12.10 | 14.23 | 22.25 |
| Box, Inc. (BOX)vs › | $4.76B | 12.08 | 11.64 | 12.95 | 14.17 |
P/OCF Ratio
39.7
P/FCF Ratio
45.0
P/OCF measures market price relative to operating cash flow: market cap divided by TTM operating cash flow. OCF is cash from operations before capital expenditures, so it sits above free cash flow — P/OCF typically reads below P/FCF, with the widest gap for capex-heavy businesses.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | PRICE/OCF RATIO |
|---|---|
| 2026-10-01 | 39.59 |
| 2026-09-30 | 39.59 |
| 2026-09-29 | 39.30 |
| 2026-09-28 | 39.99 |
| 2026-09-25 | 38.59 |
| 2026-09-24 | 40.00 |
| 2026-09-23 | 40.34 |
| 2026-09-22 | 39.45 |
| 2026-09-21 | 40.43 |
| 2026-09-18 | 39.68 |
| 2026-09-17 | 39.89 |
| 2026-09-16 | 39.01 |
| 2026-09-15 | 39.60 |
| 2026-09-14 | 39.61 |
| 2026-09-11 | 37.64 |
| 2026-09-10 | 37.96 |
| 2026-09-09 | 38.45 |
| 2026-09-08 | 37.93 |
| 2026-09-04 | 38.45 |
| 2026-09-03 | 38.80 |
| 2026-09-02 | 39.01 |
| 2026-09-01 | 35.33 |
| 2026-08-31 | 36.52 |
| 2026-08-28 | 36.64 |
| 2026-08-27 | 37.36 |
| 2026-08-26 | 34.54 |
| 2026-08-25 | 34.05 |
| 2026-08-24 | 34.25 |
| 2026-08-21 | 34.40 |
| 2026-08-20 | 34.08 |
| 2026-08-19 | 35.27 |
| 2026-08-18 | 36.47 |
| 2026-08-17 | 36.02 |
| 2026-08-14 | 37.53 |
| 2026-08-13 | 38.23 |
| 2026-08-12 | 34.98 |
| 2026-08-11 | 35.13 |
| 2026-08-10 | 35.41 |
| 2026-08-07 | 36.31 |
| 2026-08-06 | 35.41 |
| 2026-08-05 | 36.21 |
| 2026-08-04 | 36.14 |
| 2026-08-03 | 34.36 |
| 2026-07-31 | 33.33 |
| 2026-07-30 | 33.31 |
| 2026-07-29 | 35.00 |
| 2026-07-28 | 38.46 |
| 2026-07-27 | 40.19 |
| 2026-07-24 | 39.38 |
| 2026-07-23 | 38.56 |
| 2026-07-22 | 39.03 |
| 2026-07-21 | 39.76 |
| 2026-07-20 | 40.86 |
| 2026-07-17 | 40.93 |
| 2026-07-16 | 40.47 |
| 2026-07-15 | 40.75 |
| 2026-07-14 | 41.49 |
| 2026-07-13 | 39.07 |
| 2026-07-10 | 38.34 |
| 2026-07-09 | 39.44 |
| 2026-07-08 | 38.81 |
| 2026-07-07 | 39.47 |
| 2026-07-06 | 39.32 |
| 2026-07-02 | 36.90 |
| 2026-07-01 | 36.07 |
| 2026-06-30 | 36.13 |
| 2026-06-29 | 34.62 |
| 2026-06-26 | 34.70 |
| 2026-06-25 | 33.20 |
| 2026-06-24 | 32.11 |
| 2026-06-23 | 30.16 |
| 2026-06-22 | 28.16 |
| 2026-06-18 | 28.74 |
| 2026-06-17 | 28.48 |
| 2026-06-16 | 29.16 |
| 2026-06-15 | 29.18 |
| 2026-06-12 | 28.71 |
| 2026-06-11 | 28.81 |
| 2026-06-10 | 28.33 |
| 2026-06-09 | 27.97 |
| 2026-06-08 | 28.45 |
| 2026-06-05 | 28.15 |
| 2026-06-04 | 28.63 |
| 2026-06-03 | 28.85 |
| 2026-06-02 | 30.89 |
| 2026-06-01 | 31.09 |
| 2026-05-29 | 29.40 |
| 2026-05-28 | 27.39 |
| 2026-05-27 | 26.04 |
| 2026-05-26 | 26.74 |
| 2026-05-22 | 26.69 |
| 2026-05-21 | 26.40 |
| 2026-05-20 | 26.78 |
| 2026-05-19 | 25.63 |
| 2026-05-18 | 24.78 |
| 2026-05-15 | 24.26 |
| 2026-05-14 | 23.44 |
| 2026-05-13 | 23.26 |
| 2026-05-12 | 23.97 |
| 2026-05-11 | 24.11 |
| 2026-05-08 | 24.57 |
| 2026-05-07 | 24.69 |
| 2026-05-06 | 23.77 |
| 2026-05-05 | 23.60 |
| 2026-05-04 | 23.60 |
| 2026-05-01 | 22.82 |
| 2026-04-30 | 22.65 |
| 2026-04-29 | 23.91 |
| 2026-04-28 | 22.29 |
| 2026-04-27 | 21.95 |
| 2026-04-24 | 21.49 |
| 2026-04-23 | 20.96 |
| 2026-04-22 | 22.02 |
| 2026-04-21 | 21.54 |
| 2026-04-20 | 21.39 |
| 2026-04-17 | 21.22 |
| 2026-04-16 | 20.94 |
| 2026-04-15 | 20.27 |
| 2026-04-14 | 19.06 |
| 2026-04-13 | 19.25 |
| 2026-04-10 | 17.69 |
| 2026-04-09 | 18.86 |
| 2026-04-08 | 19.98 |
| 2026-04-07 | 20.40 |
| 2026-04-06 | 20.75 |
| 2026-04-02 | 19.74 |
| 2026-04-01 | 19.05 |
| 2026-03-31 | 18.81 |
| 2026-03-30 | 18.55 |
| 2026-03-27 | 18.58 |
| 2026-03-26 | 19.13 |
| 2026-03-25 | 18.74 |
| 2026-03-24 | 19.28 |
| 2026-03-23 | 20.78 |
| 2026-03-20 | 20.78 |
| 2026-03-19 | 21.04 |
| 2026-03-18 | 21.45 |
| 2026-03-17 | 21.28 |
| 2026-03-16 | 21.13 |
| 2026-03-13 | 21.63 |
| 2026-03-12 | 21.18 |
| 2026-03-11 | 21.11 |
| 2026-03-10 | 20.98 |
| 2026-03-09 | 21.32 |
| 2026-03-06 | 21.37 |
| 2026-03-05 | 20.88 |
| 2026-03-04 | 20.58 |
| 2026-03-03 | 20.63 |
| 2026-03-02 | 20.22 |
| 2026-02-27 | 20.24 |
| 2026-02-26 | 20.23 |
| 2026-02-25 | 19.91 |
| 2026-02-24 | 19.02 |
| 2026-02-23 | 18.47 |
| 2026-02-20 | 20.76 |
| 2026-02-19 | 22.48 |
| 2026-02-18 | 22.52 |
| 2026-02-17 | 22.18 |
| 2026-02-13 | 22.22 |
| 2026-02-12 | 22.03 |
| 2026-02-11 | 23.03 |
| 2026-02-10 | 23.01 |
| 2026-02-09 | 22.44 |
| 2026-02-06 | 19.84 |
| 2026-02-05 | 19.46 |
| 2026-02-04 | 18.51 |
| 2026-02-03 | 20.75 |
| 2026-02-02 | 22.87 |
| 2026-01-30 | 23.34 |
| 2026-01-29 | 23.91 |
| 2026-01-28 | 26.13 |
| 2026-01-27 | 26.75 |
| 2026-01-26 | 27.87 |
| 2026-01-23 | 27.33 |
| 2026-01-22 | 27.21 |
| 2026-01-21 | 25.73 |
| 2026-01-20 | 25.48 |
| 2026-01-16 | 26.21 |
| 2026-01-15 | 26.56 |
| 2026-01-14 | 27.25 |
| 2026-01-13 | 27.07 |
| 2026-01-12 | 27.57 |
| 2026-01-09 | 27.57 |
| 2026-01-08 | 27.96 |
| 2026-01-07 | 27.72 |
| 2026-01-06 | 26.04 |
| 2026-01-05 | 25.70 |
| 2026-01-02 | 25.06 |
| 2025-12-31 | 25.65 |
| 2025-12-30 | 25.89 |
| 2025-12-29 | 26.07 |
| 2025-12-26 | 26.26 |
| 2025-12-24 | 26.15 |
| 2025-12-23 | 25.99 |
| 2025-12-22 | 26.93 |
| 2025-12-19 | 26.14 |
| 2025-12-18 | 26.02 |
| 2025-12-17 | 25.54 |
| 2025-12-16 | 25.93 |
| 2025-12-15 | 25.81 |
| 2025-12-12 | 26.42 |
| 2025-12-11 | 25.98 |
| 2025-12-10 | 25.92 |
| 2025-12-09 | 25.39 |
| 2025-12-08 | 24.66 |
| 2025-12-05 | 23.62 |
| 2025-12-04 | 24.33 |
| 2025-12-03 | 24.65 |
| 2025-12-02 | 24.99 |
| 2025-12-01 | 25.23 |
| 2025-11-28 | 25.86 |
| 2025-11-26 | 25.30 |
| 2025-11-25 | 25.39 |
| 2025-11-24 | 24.61 |
| 2025-11-21 | 24.52 |
| 2025-11-20 | 24.55 |
| 2025-11-19 | 25.13 |
| 2025-11-18 | 25.76 |
| 2025-11-17 | 25.94 |
| 2025-11-14 | 26.35 |
| 2025-11-13 | 26.84 |
| 2025-11-12 | 27.79 |
| 2025-11-11 | 27.97 |
| 2025-11-10 | 26.93 |
| 2025-11-07 | 26.70 |
| 2025-11-06 | 26.67 |
| 2025-11-05 | 27.37 |
| 2025-11-04 | 27.64 |
| 2025-11-03 | 28.21 |
| 2025-10-31 | 27.55 |
| 2025-10-30 | 27.37 |
| 2025-10-29 | 26.63 |
| 2025-10-28 | 51.87 |
| 2025-10-27 | 51.61 |
| 2025-10-24 | 51.29 |
| 2025-10-23 | 51.31 |
| 2025-10-22 | 50.42 |
| 2025-10-21 | 50.21 |
| 2025-10-20 | 51.23 |
| 2025-10-17 | 49.71 |
| 2025-10-16 | 49.64 |
| 2025-10-15 | 49.86 |
| 2025-10-14 | 50.35 |
| 2025-10-13 | 51.39 |
| 2025-10-10 | 50.60 |
| 2025-10-09 | 52.03 |
| 2025-10-08 | 52.12 |
| 2025-10-07 | 49.38 |
| 2025-10-06 | 50.00 |
| 2025-10-03 | 48.85 |
| 2025-10-02 | 48.95 |
| 2025-10-01 | 47.60 |
| 2025-09-30 | 47.32 |
| 2025-09-29 | 48.82 |
| 2025-09-26 | 49.02 |
| 2025-09-25 | 48.25 |
| 2025-09-24 | 47.84 |
| 2025-09-23 | 48.00 |
| 2025-09-22 | 49.26 |
| 2025-09-19 | 47.80 |
Showing the most recent 260 of 2,347 data points. The chart above shows the full history.
