Basis: FMP quote market capitalization / four-quarter operating cash flow less absolute capital expenditures. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the Price/FCF ratio high or low?
The Price/FCF ratio of 78.28 is 110% above its estimated 5-year average of 37.28, around the middle of its estimated 5-year range (26.75–129.12).
As of 2026-09-15T20:06:14.047Z. 30.63% above its estimated 12-month average of 59.92.
Calculation as of: 2026-09-15T20:06:14.047Z.
Quote observation: 2026-09-15T19:59:59.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 4b35bc5e872edbec126530a69cacdc9da562455b2ea5a40d374d90a2ce21e7d1
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.
PRICE/FCF RATIO
78.28
PRICE/FCF RATIO AVG TTM
59.92
PRICE/FCF RATIO AVG 3Y
37.18
PRICE/FCF RATIO AVG 5Y
37.28
PRICE/FCF RATIO AVG 10Y
32.74
PRICE/FCF RATIO AVG 15Y
29.38
PRICE/FCF RATIO AVG 20Y
26.96
CURRENT VS TTM AVG
+30.63%
CURRENT VS 3Y AVG
+110.54%
CURRENT VS 5Y AVG
+109.98%
CURRENT VS 10Y AVG
+139.06%
CURRENT VS 15Y AVG
+166.42%
CURRENT VS 20Y AVG
+190.31%
SECTOR MEDIAN · HEALTHCARE
22.13
median of 80 covered companies
CURRENT VS SECTOR MEDIAN
+253.73%
vs the sector median at left
Market Cap
$31.88B
Price/FCF Ratio
58.77
TTM Avg
131.20
3Y Avg
460.90
5Y Avg
460.90
Market Cap
$28.94B
Price/FCF Ratio
32.33
TTM Avg
24.30
3Y Avg
23.00
5Y Avg
23.26
| NAME | MARKET CAP | PRICE/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Waters Corporation (WAT) | $31.19B | 78.28 | 59.92 | 37.18 | 37.28 |
| Zoetis Inc. (ZTS)vs › | $30.78B | 13.01 | 21.56 | 35.56 | 43.55 |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $31.88B | 58.77 | 131.20 | 460.90 | 460.90 |
| Biogen Inc. (BIIB)vs › | $31.94B | 11.84 | 11.53 | 17.02 | 18.15 |
| DexCom, Inc. (DXCM)vs › | $32.62B | 23.22 | 27.06 | 56.23 | 159.53 |
| Alcon Inc. (ALC)vs › | $33.04B | 19.63 | 23.50 | 40.25 | 87.45 |
| ResMed Inc. (RMD)vs › | $33.31B | N/A | N/A | N/A | N/A |
| Centene Corp. (CNC)vs › | $33.42B | 3.73 | 6.40 | 22.74 | 16.79 |
| GE HealthCare Technologies Inc. (GEHC)vs › | $28.94B | 32.33 | 24.30 | 23.00 | 23.26 |
| Quest Diagnostics Incorporated (DGX)vs › | $27.29B | 22.37 | 16.87 | 18.38 | 15.76 |
P/FCF Ratio
78.3
FCF Yield
1.28%
P/FCF measures market price relative to free cash flow per share. Free cash flow is operating cash flow after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | PRICE/FCF RATIO |
|---|---|
| 2026-09-09 | 99.77 |
| 2026-09-08 | 99.30 |
| 2026-09-04 | 100.90 |
| 2026-09-03 | 101.93 |
| 2026-09-02 | 101.59 |
| 2026-09-01 | 100.02 |
| 2026-08-31 | 102.19 |
| 2026-08-28 | 102.21 |
| 2026-08-27 | 103.83 |
| 2026-08-26 | 102.08 |
| 2026-08-25 | 102.14 |
| 2026-08-24 | 101.24 |
| 2026-08-21 | 101.22 |
| 2026-08-20 | 99.74 |
| 2026-08-19 | 102.49 |
| 2026-08-18 | 98.89 |
| 2026-08-17 | 100.49 |
| 2026-08-14 | 101.58 |
| 2026-08-13 | 101.92 |
| 2026-08-12 | 102.57 |
| 2026-08-11 | 129.12 |
| 2026-08-10 | 128.12 |
| 2026-08-07 | 126.59 |
| 2026-08-06 | 124.36 |
| 2026-08-05 | 124.45 |
| 2026-08-04 | 123.23 |
| 2026-08-03 | 116.59 |
| 2026-07-31 | 117.39 |
| 2026-07-30 | 118.32 |
| 2026-07-29 | 118.07 |
| 2026-07-28 | 119.44 |
| 2026-07-27 | 115.49 |
| 2026-07-24 | 116.58 |
| 2026-07-23 | 118.98 |
| 2026-07-22 | 115.37 |
| 2026-07-21 | 114.36 |
| 2026-07-20 | 111.24 |
| 2026-07-17 | 114.80 |
| 2026-07-16 | 117.67 |
| 2026-07-15 | 116.65 |
| 2026-07-14 | 117.11 |
| 2026-07-13 | 116.12 |
| 2026-07-10 | 117.12 |
| 2026-07-09 | 117.34 |
| 2026-07-08 | 114.54 |
| 2026-07-07 | 116.65 |
| 2026-07-06 | 117.89 |
| 2026-07-02 | 118.01 |
| 2026-07-01 | 117.65 |
| 2026-06-30 | 116.69 |
| 2026-06-29 | 114.77 |
| 2026-06-26 | 116.49 |
| 2026-06-25 | 117.26 |
| 2026-06-24 | 114.86 |
| 2026-06-23 | 111.14 |
| 2026-06-22 | 111.46 |
| 2026-06-18 | 110.59 |
| 2026-06-17 | 111.07 |
| 2026-06-16 | 112.18 |
| 2026-06-15 | 111.31 |
| 2026-06-12 | 110.62 |
| 2026-06-11 | 111.93 |
| 2026-06-10 | 113.00 |
| 2026-06-09 | 115.48 |
| 2026-06-08 | 113.05 |
| 2026-06-05 | 113.68 |
| 2026-06-04 | 117.13 |
| 2026-06-03 | 118.16 |
| 2026-06-02 | 115.72 |
| 2026-06-01 | 117.66 |
| 2026-05-29 | 119.34 |
| 2026-05-28 | 114.08 |
| 2026-05-27 | 106.46 |
| 2026-05-26 | 105.36 |
| 2026-05-22 | 106.52 |
| 2026-05-21 | 106.09 |
| 2026-05-20 | 106.20 |
| 2026-05-19 | 103.69 |
| 2026-05-18 | 103.36 |
| 2026-05-15 | 102.43 |
| 2026-05-14 | 103.67 |
| 2026-05-13 | 104.21 |
| 2026-05-12 | 38.99 |
| 2026-05-11 | 38.54 |
| 2026-05-08 | 39.32 |
| 2026-05-07 | 38.80 |
| 2026-05-06 | 38.70 |
| 2026-05-05 | 37.92 |
| 2026-05-04 | 33.42 |
| 2026-05-01 | 34.00 |
| 2026-04-30 | 34.24 |
| 2026-04-29 | 32.34 |
| 2026-04-28 | 33.29 |
| 2026-04-27 | 33.19 |
| 2026-04-24 | 34.31 |
| 2026-04-23 | 34.45 |
| 2026-04-22 | 37.02 |
| 2026-04-21 | 37.11 |
| 2026-04-20 | 37.16 |
| 2026-04-17 | 36.29 |
| 2026-04-16 | 35.32 |
| 2026-04-15 | 36.11 |
| 2026-04-14 | 36.64 |
| 2026-04-13 | 35.95 |
| 2026-04-10 | 35.43 |
| 2026-04-09 | 35.17 |
| 2026-04-08 | 35.26 |
| 2026-04-07 | 34.03 |
| 2026-04-06 | 33.67 |
| 2026-04-02 | 33.68 |
| 2026-04-01 | 33.20 |
| 2026-03-31 | 32.97 |
| 2026-03-30 | 32.48 |
| 2026-03-27 | 32.01 |
| 2026-03-26 | 33.28 |
| 2026-03-25 | 33.47 |
| 2026-03-24 | 33.43 |
| 2026-03-23 | 33.41 |
| 2026-03-20 | 33.10 |
| 2026-03-19 | 33.17 |
| 2026-03-18 | 32.67 |
| 2026-03-17 | 32.88 |
| 2026-03-16 | 32.11 |
| 2026-03-13 | 31.73 |
| 2026-03-12 | 31.37 |
| 2026-03-11 | 32.94 |
| 2026-03-10 | 33.17 |
| 2026-03-09 | 33.84 |
| 2026-03-06 | 33.49 |
| 2026-03-05 | 34.94 |
| 2026-03-04 | 35.32 |
| 2026-03-03 | 34.56 |
| 2026-03-02 | 34.01 |
| 2026-02-27 | 35.36 |
| 2026-02-26 | 35.74 |
| 2026-02-25 | 35.37 |
| 2026-02-24 | 36.13 |
| 2026-02-23 | 32.45 |
| 2026-02-20 | 33.00 |
| 2026-02-19 | 32.54 |
| 2026-02-18 | 32.42 |
| 2026-02-17 | 31.82 |
| 2026-02-13 | 32.01 |
| 2026-02-12 | 31.66 |
| 2026-02-11 | 32.59 |
| 2026-02-10 | 32.37 |
| 2026-02-09 | 32.48 |
| 2026-02-06 | 37.75 |
| 2026-02-05 | 37.31 |
| 2026-02-04 | 38.05 |
| 2026-02-03 | 37.51 |
| 2026-02-02 | 37.55 |
| 2026-01-30 | 36.70 |
| 2026-01-29 | 37.14 |
| 2026-01-28 | 38.12 |
| 2026-01-27 | 38.62 |
| 2026-01-26 | 38.70 |
| 2026-01-23 | 38.84 |
| 2026-01-22 | 39.64 |
| 2026-01-21 | 39.27 |
| 2026-01-20 | 38.00 |
| 2026-01-16 | 38.35 |
| 2026-01-15 | 39.06 |
| 2026-01-14 | 38.93 |
| 2026-01-13 | 39.01 |
| 2026-01-12 | 38.97 |
| 2026-01-09 | 39.28 |
| 2026-01-08 | 39.27 |
| 2026-01-07 | 39.54 |
| 2026-01-06 | 39.65 |
| 2026-01-05 | 39.10 |
| 2026-01-02 | 37.81 |
| 2025-12-31 | 37.60 |
| 2025-12-30 | 38.01 |
| 2025-12-29 | 38.12 |
| 2025-12-26 | 38.22 |
| 2025-12-24 | 38.10 |
| 2025-12-23 | 37.94 |
| 2025-12-22 | 38.03 |
| 2025-12-19 | 37.42 |
| 2025-12-18 | 37.25 |
| 2025-12-17 | 37.33 |
| 2025-12-16 | 37.47 |
| 2025-12-15 | 38.16 |
| 2025-12-12 | 38.15 |
| 2025-12-11 | 38.83 |
| 2025-12-10 | 39.18 |
| 2025-12-09 | 38.23 |
| 2025-12-08 | 38.88 |
| 2025-12-05 | 39.08 |
| 2025-12-04 | 39.24 |
| 2025-12-03 | 39.36 |
| 2025-12-02 | 39.46 |
| 2025-12-01 | 39.38 |
| 2025-11-28 | 39.94 |
| 2025-11-26 | 40.31 |
| 2025-11-25 | 40.84 |
| 2025-11-24 | 39.55 |
| 2025-11-21 | 39.00 |
| 2025-11-20 | 37.48 |
| 2025-11-19 | 37.25 |
| 2025-11-18 | 37.28 |
| 2025-11-17 | 37.42 |
| 2025-11-14 | 37.56 |
| 2025-11-13 | 37.55 |
| 2025-11-12 | 38.35 |
| 2025-11-11 | 38.23 |
| 2025-11-10 | 37.28 |
| 2025-11-07 | 36.80 |
| 2025-11-06 | 36.74 |
| 2025-11-05 | 36.82 |
| 2025-11-04 | 35.38 |
| 2025-11-03 | 33.29 |
| 2025-10-31 | 33.67 |
| 2025-10-30 | 33.03 |
| 2025-10-29 | 33.08 |
| 2025-10-28 | 33.32 |
| 2025-10-27 | 33.88 |
| 2025-10-24 | 34.63 |
| 2025-10-23 | 34.26 |
| 2025-10-22 | 33.58 |
| 2025-10-21 | 33.64 |
| 2025-10-20 | 33.05 |
| 2025-10-17 | 32.23 |
| 2025-10-16 | 32.25 |
| 2025-10-15 | 32.02 |
| 2025-10-14 | 32.09 |
| 2025-10-13 | 32.40 |
| 2025-10-10 | 31.88 |
| 2025-10-09 | 31.83 |
| 2025-10-08 | 31.56 |
| 2025-10-07 | 30.66 |
| 2025-10-06 | 31.56 |
| 2025-10-03 | 31.63 |
| 2025-10-02 | 31.01 |
| 2025-10-01 | 30.80 |
| 2025-09-30 | 28.88 |
| 2025-09-29 | 27.88 |
| 2025-09-26 | 28.10 |
| 2025-09-25 | 27.72 |
| 2025-09-24 | 28.19 |
| 2025-09-23 | 28.82 |
| 2025-09-22 | 29.13 |
| 2025-09-19 | 28.98 |
| 2025-09-18 | 29.51 |
| 2025-09-17 | 29.25 |
| 2025-09-16 | 29.19 |
| 2025-09-15 | 28.80 |
| 2025-09-12 | 28.45 |
| 2025-09-11 | 29.13 |
| 2025-09-10 | 28.22 |
| 2025-09-09 | 28.95 |
| 2025-09-08 | 29.80 |
| 2025-09-05 | 29.50 |
| 2025-09-04 | 28.87 |
| 2025-09-03 | 27.94 |
| 2025-09-02 | 28.56 |
| 2025-08-29 | 29.07 |
| 2025-08-28 | 28.67 |
| 2025-08-27 | 28.38 |
Showing the most recent 260 of 5,030 data points. The chart above shows the full history.
