Basis: Latest stored market observation. 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 118.32 is 191% above its 5-year average of 40.65, near the high end of its 5-year range (26.75–119.44).
247.11% above its 12-month average of 34.09.
PRICE/FCF RATIO
118.32
PRICE/FCF RATIO AVG TTM
34.09
PRICE/FCF RATIO AVG 3Y
37.38
PRICE/FCF RATIO AVG 5Y
37.32
PRICE/FCF RATIO AVG 10Y
32.66
PRICE/FCF RATIO AVG 15Y
29.26
PRICE/FCF RATIO AVG 20Y
26.89
CURRENT VS TTM AVG
+247.11%
CURRENT VS 3Y AVG
+216.57%
CURRENT VS 5Y AVG
+217.07%
CURRENT VS 10Y AVG
+262.26%
CURRENT VS 15Y AVG
+304.39%
CURRENT VS 20Y AVG
+339.95%
SECTOR MEDIAN · HEALTHCARE
21.98
median of 74 covered companies
CURRENT VS SECTOR MEDIAN
+438.43%
vs the sector median at left
Waters Corporation
Market Cap
$24.59B
Price/FCF Ratio
118.32
TTM Avg
34.09
3Y Avg
37.38
5Y Avg
37.32
Market Cap
$24.23B
Price/FCF Ratio
13.33
TTM Avg
16.19
3Y Avg
107.86
5Y Avg
73.74
Market Cap
$24.00B
Price/FCF Ratio
55.64
TTM Avg
49.85
3Y Avg
59.72
5Y Avg
64.96
Market Cap
$25.35B
Price/FCF Ratio
22.06
TTM Avg
17.19
3Y Avg
19.71
5Y Avg
16.07
Market Cap
$25.72B
Price/FCF Ratio
21.39
TTM Avg
16.25
3Y Avg
18.20
5Y Avg
15.46
Market Cap
$21.98B
Price/FCF Ratio
24.03
TTM Avg
21.69
3Y Avg
18.36
5Y Avg
17.93
| NAME | MARKET CAP | PRICE/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Waters Corporation (WAT) | $24.59B | 118.32 | 34.09 | 37.38 | 37.32 |
| Incyte Corporation (INCY)vs › | $24.23B | 13.33 | 16.19 | 107.86 | 73.74 |
| West Pharmaceutical Services, Inc. (WST)vs › | $24.00B | 55.64 | 49.85 | 59.72 | 64.96 |
| Labcorp Holdings Inc. (LH)vs › | $25.35B | 22.06 | 17.19 | 19.71 | 16.07 |
| Quest Diagnostics Incorporated (DGX)vs › | $25.72B | 21.39 | 16.25 | 18.20 | 15.46 |
| BioNTech SE (BNTX)vs › | $22.91B | 15.71 | 29.16 | 11.76 | 14.37 |
| STERIS plc (STE)vs › | $22.26B | 23.11 | 25.05 | 32.56 | 40.03 |
| United Therapeutics Corporation (UTHR)vs › | $21.98B | 24.03 | 21.69 | 18.36 | 17.93 |
| Moderna, Inc. (MRNA)vs › | $21.75B | N/A | 28.07 | 27.23 | 27.23 |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $27.44B | 35.79 | 142.11 | 486.47 | 486.47 |
P/FCF Ratio
118.3
FCF Yield
0.85%
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 |
|---|---|
| 2026-07-30 | 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 | 109.58 |
| 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 | 36.29 |
| 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 | 36.37 |
| 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 |
| 2025-08-26 | 28.52 |
| 2025-08-25 | 28.79 |
| 2025-08-22 | 29.11 |
| 2025-08-21 | 27.98 |
| 2025-08-20 | 28.58 |
| 2025-08-19 | 28.68 |
| 2025-08-18 | 27.87 |
| 2025-08-15 | 28.08 |
| 2025-08-14 | 28.27 |
| 2025-08-13 | 28.59 |
| 2025-08-12 | 27.50 |
| 2025-08-11 | 26.90 |
| 2025-08-08 | 27.09 |
| 2025-08-07 | 26.78 |
| 2025-08-06 | 26.75 |
| 2025-08-05 | 27.08 |
| 2025-08-04 | 27.51 |
| 2025-08-01 | 27.99 |
| 2025-07-31 | 27.84 |
| 2025-07-30 | 28.84 |
| 2025-07-29 | 29.24 |
| 2025-07-28 | 29.16 |
| 2025-07-25 | 29.21 |
| 2025-07-24 | 28.78 |
| 2025-07-23 | 28.51 |
| 2025-07-22 | 27.72 |
| 2025-07-21 | 27.16 |
| 2025-07-18 | 27.73 |
Showing the most recent 260 of 5,031 data points. The chart above shows the full history.
