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 31.80x is 21% above its estimated 5-year average of 26.32x, around the middle of its estimated 5-year range (18.95x–47.49x).
As of 2026-09-10T20:02:30.000Z. 6.21% above its estimated 12-month average of 29.94x.
Quote observation: 2026-09-10T20:02:30.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: d042270f648130ba11e07144b2e06aaa96cfea4fce61eac1d93ca0cee7ad15ac
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
31.80x
EV/FCF RATIO AVG TTM
29.94x
EV/FCF RATIO AVG 3Y
27.28x
EV/FCF RATIO AVG 5Y
26.32x
EV/FCF RATIO AVG 10Y
26.53x
EV/FCF RATIO AVG 15Y
25.61x
EV/FCF RATIO AVG 20Y
23.17x
CURRENT VS TTM AVG
+6.21%
CURRENT VS 3Y AVG
+16.56%
CURRENT VS 5Y AVG
+20.81%
CURRENT VS 10Y AVG
+19.88%
CURRENT VS 15Y AVG
+24.15%
CURRENT VS 20Y AVG
+37.26%
SECTOR MEDIAN · INDUSTRIALS
28.48x
median of 123 covered companies
CURRENT VS SECTOR MEDIAN
+11.66%
vs the sector median at left
Westinghouse Air Brake Technologies Corporation
Market Cap
$47.34B
EV/FCF Ratio
31.80x
TTM Avg
29.94x
3Y Avg
27.28x
5Y Avg
26.32x
Market Cap
$46.89B
EV/FCF Ratio
33.26x
TTM Avg
37.19x
3Y Avg
36.95x
5Y Avg
41.14x
Market Cap
$46.69B
EV/FCF Ratio
30.37x
TTM Avg
50.78x
3Y Avg
163.66x
5Y Avg
111.02x
Market Cap
$46.25B
EV/FCF Ratio
19.85x
TTM Avg
29.76x
3Y Avg
31.33x
5Y Avg
28.74x
Market Cap
$44.75B
EV/FCF Ratio
45.66x
TTM Avg
43.09x
3Y Avg
48.61x
5Y Avg
46.50x
Market Cap
$51.45B
EV/FCF Ratio
18.21x
TTM Avg
17.00x
3Y Avg
31.51x
5Y Avg
177.74x
| NAME | MARKET CAP | EV/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Westinghouse Air Brake Technologies Corporation (WAB) | $47.34B | 31.80x | 29.94x | 27.28x | 26.32x |
| Rockwell Automation, Inc. (ROK)vs › | $46.89B | 33.26x | 37.19x | 36.95x | 41.14x |
| Carrier Global Corporation (CARR)vs › | $46.69B | 30.37x | 50.78x | 163.66x | 111.02x |
| L3Harris Technologies, Inc. (LHX)vs › | $46.25B | 19.85x | 29.76x | 31.33x | 28.74x |
| Honeywell Aerospace Inc (HONA)vs › | $48.73B | N/A | N/A | N/A | N/A |
| HEICO Corporation (HEI-A)vs › | $44.75B | 45.66x | 43.09x | 48.61x | 46.50x |
| HEICO Corporation (HEI)vs › | $43.54B | 44.49x | 55.80x | 61.23x | 57.90x |
| Delta Air Lines, Inc. (DAL)vs › | $51.45B | 18.21x | 17.00x | 31.51x | 177.74x |
| Ferguson plc (FERG)vs › | $42.85B | N/A | 31.18x | 27.63x | 27.90x |
| Thomson Reuters Corporation (TRI)vs › | $41.78B | 20.03x | 20.11x | 37.66x | 40.80x |
EV/FCF
31.8x
P/FCF
28.1x
FCF Yield
3.56%
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 | 29.16x |
| 2026-09-08 | 29.51x |
| 2026-09-04 | 29.36x |
| 2026-09-03 | 29.18x |
| 2026-09-02 | 29.08x |
| 2026-09-01 | 29.08x |
| 2026-08-31 | 29.65x |
| 2026-08-28 | 30.22x |
| 2026-08-27 | 30.69x |
| 2026-08-26 | 30.99x |
| 2026-08-25 | 30.66x |
| 2026-08-24 | 30.72x |
| 2026-08-21 | 30.71x |
| 2026-08-20 | 30.23x |
| 2026-08-19 | 30.22x |
| 2026-08-18 | 30.45x |
| 2026-08-17 | 31.00x |
| 2026-08-14 | 30.85x |
| 2026-08-13 | 30.75x |
| 2026-08-12 | 30.53x |
| 2026-08-11 | 30.76x |
| 2026-08-10 | 30.40x |
| 2026-08-07 | 30.19x |
| 2026-08-06 | 30.50x |
| 2026-08-05 | 30.60x |
| 2026-08-04 | 30.85x |
| 2026-08-03 | 30.61x |
| 2026-07-31 | 30.10x |
| 2026-07-30 | 30.24x |
| 2026-07-29 | 30.18x |
| 2026-07-28 | 31.47x |
| 2026-07-27 | 31.02x |
| 2026-07-24 | 31.17x |
| 2026-07-23 | 30.75x |
| 2026-07-22 | 34.02x |
| 2026-07-21 | 31.27x |
| 2026-07-20 | 30.68x |
| 2026-07-17 | 31.12x |
| 2026-07-16 | 31.30x |
| 2026-07-15 | 30.87x |
| 2026-07-14 | 31.11x |
| 2026-07-13 | 30.99x |
| 2026-07-10 | 31.03x |
| 2026-07-09 | 30.88x |
| 2026-07-08 | 30.80x |
| 2026-07-07 | 30.82x |
| 2026-07-06 | 31.04x |
| 2026-07-02 | 31.13x |
| 2026-07-01 | 31.32x |
| 2026-06-30 | 31.90x |
| 2026-06-29 | 31.76x |
| 2026-06-26 | 31.89x |
| 2026-06-25 | 33.23x |
| 2026-06-24 | 32.20x |
| 2026-06-23 | 31.97x |
| 2026-06-22 | 32.64x |
| 2026-06-18 | 32.34x |
| 2026-06-17 | 32.13x |
| 2026-06-16 | 32.16x |
| 2026-06-15 | 31.82x |
| 2026-06-12 | 31.44x |
| 2026-06-11 | 31.12x |
| 2026-06-10 | 30.54x |
| 2026-06-09 | 31.50x |
| 2026-06-08 | 30.86x |
| 2026-06-05 | 30.94x |
| 2026-06-04 | 31.16x |
| 2026-06-03 | 31.19x |
| 2026-06-02 | 31.37x |
| 2026-06-01 | 30.49x |
| 2026-05-29 | 31.02x |
| 2026-05-28 | 31.02x |
| 2026-05-27 | 30.98x |
| 2026-05-26 | 31.05x |
| 2026-05-22 | 30.53x |
| 2026-05-21 | 30.40x |
| 2026-05-20 | 30.81x |
| 2026-05-19 | 30.41x |
| 2026-05-18 | 30.92x |
| 2026-05-15 | 31.30x |
| 2026-05-14 | 31.88x |
| 2026-05-13 | 31.40x |
| 2026-05-12 | 31.84x |
| 2026-05-11 | 31.74x |
| 2026-05-08 | 31.49x |
| 2026-05-07 | 31.48x |
| 2026-05-06 | 31.99x |
| 2026-05-05 | 31.26x |
| 2026-05-04 | 31.13x |
| 2026-05-01 | 31.41x |
| 2026-04-30 | 31.93x |
| 2026-04-29 | 31.04x |
| 2026-04-28 | 31.23x |
| 2026-04-27 | 31.65x |
| 2026-04-24 | 31.63x |
| 2026-04-23 | 31.88x |
| 2026-04-22 | 30.65x |
| 2026-04-21 | 30.25x |
| 2026-04-20 | 30.94x |
| 2026-04-17 | 30.85x |
| 2026-04-16 | 30.02x |
| 2026-04-15 | 30.22x |
| 2026-04-14 | 31.36x |
| 2026-04-13 | 31.44x |
| 2026-04-10 | 31.25x |
| 2026-04-09 | 31.64x |
| 2026-04-08 | 31.50x |
| 2026-04-07 | 30.08x |
| 2026-04-06 | 29.87x |
| 2026-04-02 | 29.86x |
| 2026-04-01 | 30.08x |
| 2026-03-31 | 29.44x |
| 2026-03-30 | 28.13x |
| 2026-03-27 | 28.52x |
| 2026-03-26 | 28.98x |
| 2026-03-25 | 29.27x |
| 2026-03-24 | 28.99x |
| 2026-03-23 | 28.58x |
| 2026-03-20 | 27.99x |
| 2026-03-19 | 28.11x |
| 2026-03-18 | 28.17x |
| 2026-03-17 | 28.19x |
| 2026-03-16 | 28.32x |
| 2026-03-13 | 28.07x |
| 2026-03-12 | 28.44x |
| 2026-03-11 | 29.03x |
| 2026-03-10 | 29.11x |
| 2026-03-09 | 29.14x |
| 2026-03-06 | 28.89x |
| 2026-03-05 | 29.61x |
| 2026-03-04 | 30.58x |
| 2026-03-03 | 30.58x |
| 2026-03-02 | 30.88x |
| 2026-02-27 | 30.91x |
| 2026-02-26 | 30.85x |
| 2026-02-25 | 30.79x |
| 2026-02-24 | 30.96x |
| 2026-02-23 | 30.80x |
| 2026-02-20 | 30.99x |
| 2026-02-19 | 30.69x |
| 2026-02-18 | 30.42x |
| 2026-02-17 | 30.46x |
| 2026-02-13 | 34.56x |
| 2026-02-12 | 34.29x |
| 2026-02-11 | 34.36x |
| 2026-02-10 | 33.39x |
| 2026-02-09 | 33.18x |
| 2026-02-06 | 33.38x |
| 2026-02-05 | 32.62x |
| 2026-02-04 | 32.70x |
| 2026-02-03 | 32.15x |
| 2026-02-02 | 31.84x |
| 2026-01-30 | 31.41x |
| 2026-01-29 | 31.71x |
| 2026-01-28 | 31.25x |
| 2026-01-27 | 31.60x |
| 2026-01-26 | 31.60x |
| 2026-01-23 | 31.40x |
| 2026-01-22 | 31.84x |
| 2026-01-21 | 31.75x |
| 2026-01-20 | 31.09x |
| 2026-01-16 | 31.34x |
| 2026-01-15 | 31.21x |
| 2026-01-14 | 31.00x |
| 2026-01-13 | 31.08x |
| 2026-01-12 | 30.96x |
| 2026-01-09 | 30.71x |
| 2026-01-08 | 30.47x |
| 2026-01-07 | 29.76x |
| 2026-01-06 | 30.29x |
| 2026-01-05 | 29.81x |
| 2026-01-02 | 29.72x |
| 2025-12-31 | 29.37x |
| 2025-12-30 | 29.77x |
| 2025-12-29 | 29.83x |
| 2025-12-26 | 30.09x |
| 2025-12-24 | 30.14x |
| 2025-12-23 | 30.12x |
| 2025-12-22 | 30.38x |
| 2025-12-19 | 29.70x |
| 2025-12-18 | 29.39x |
| 2025-12-17 | 29.21x |
| 2025-12-16 | 29.41x |
| 2025-12-15 | 29.61x |
| 2025-12-12 | 29.49x |
| 2025-12-11 | 29.90x |
| 2025-12-10 | 29.63x |
| 2025-12-09 | 28.91x |
| 2025-12-08 | 29.22x |
| 2025-12-05 | 29.56x |
| 2025-12-04 | 29.45x |
| 2025-12-03 | 29.37x |
| 2025-12-02 | 28.76x |
| 2025-12-01 | 28.79x |
| 2025-11-28 | 28.78x |
| 2025-11-26 | 28.68x |
| 2025-11-25 | 28.48x |
| 2025-11-24 | 27.74x |
| 2025-11-21 | 27.76x |
| 2025-11-20 | 27.27x |
| 2025-11-19 | 27.48x |
| 2025-11-18 | 27.45x |
| 2025-11-17 | 27.68x |
| 2025-11-14 | 28.21x |
| 2025-11-13 | 28.26x |
| 2025-11-12 | 28.91x |
| 2025-11-11 | 28.70x |
| 2025-11-10 | 28.95x |
| 2025-11-07 | 28.50x |
| 2025-11-06 | 28.20x |
| 2025-11-05 | 28.47x |
| 2025-11-04 | 28.28x |
| 2025-11-03 | 28.34x |
| 2025-10-31 | 28.28x |
| 2025-10-30 | 28.12x |
| 2025-10-29 | 27.92x |
| 2025-10-28 | 27.49x |
| 2025-10-27 | 27.78x |
| 2025-10-24 | 27.45x |
| 2025-10-23 | 27.36x |
| 2025-10-22 | 25.08x |
| 2025-10-21 | 25.62x |
| 2025-10-20 | 25.40x |
| 2025-10-17 | 25.16x |
| 2025-10-16 | 25.10x |
| 2025-10-15 | 25.51x |
| 2025-10-14 | 25.38x |
| 2025-10-13 | 25.09x |
| 2025-10-10 | 24.79x |
| 2025-10-09 | 25.34x |
| 2025-10-08 | 25.79x |
| 2025-10-07 | 25.59x |
| 2025-10-06 | 26.00x |
| 2025-10-03 | 25.86x |
| 2025-10-02 | 25.60x |
| 2025-10-01 | 25.68x |
| 2025-09-30 | 25.91x |
| 2025-09-29 | 25.57x |
| 2025-09-26 | 25.46x |
| 2025-09-25 | 25.21x |
| 2025-09-24 | 24.95x |
| 2025-09-23 | 25.21x |
| 2025-09-22 | 25.61x |
| 2025-09-19 | 24.52x |
| 2025-09-18 | 24.72x |
| 2025-09-17 | 24.16x |
| 2025-09-16 | 24.40x |
| 2025-09-15 | 24.48x |
| 2025-09-12 | 24.53x |
| 2025-09-11 | 24.93x |
| 2025-09-10 | 24.63x |
| 2025-09-09 | 24.68x |
| 2025-09-08 | 24.78x |
| 2025-09-05 | 25.05x |
| 2025-09-04 | 25.12x |
| 2025-09-03 | 24.82x |
| 2025-09-02 | 24.98x |
| 2025-08-29 | 25.09x |
| 2025-08-28 | 25.28x |
| 2025-08-27 | 25.30x |
Showing the most recent 260 of 5,030 data points. The chart above shows the full history.
