Basis: Latest stored market observation. 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 73.86 is 158% above its 5-year average of 28.61, near the high end of its 5-year range (22.16–86.72).
As of Thursday, September 3, 2026. 67.89% above its 12-month average of 43.99.
PRICE/OCF RATIO
73.86
PRICE/OCF RATIO AVG TTM
43.99
PRICE/OCF RATIO AVG 3Y
28.94
PRICE/OCF RATIO AVG 5Y
28.61
PRICE/OCF RATIO AVG 10Y
25.62
PRICE/OCF RATIO AVG 15Y
23.06
PRICE/OCF RATIO AVG 20Y
21.39
CURRENT VS TTM AVG
+67.89%
CURRENT VS 3Y AVG
+155.21%
CURRENT VS 5Y AVG
+158.12%
CURRENT VS 10Y AVG
+188.29%
CURRENT VS 15Y AVG
+220.24%
CURRENT VS 20Y AVG
+245.27%
SECTOR MEDIAN · HEALTHCARE
16.59
median of 83 covered companies
CURRENT VS SECTOR MEDIAN
+345.21%
vs the sector median at left
Market Cap
$31.10B
Price/OCF Ratio
22.34
TTM Avg
17.84
3Y Avg
17.93
5Y Avg
18.19
Market Cap
$27.18B
Price/OCF Ratio
28.05
TTM Avg
28.32
3Y Avg
27.67
5Y Avg
31.14
| NAME | MARKET CAP | PRICE/OCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Waters Corporation (WAT) | $30.62B | 73.86 | 43.99 | 28.94 | 28.61 |
| Medline Inc. (MDLN)vs › | $30.94B | 15.82 | 19.89 | 19.89 | 19.89 |
| GE HealthCare Technologies Inc. (GEHC)vs › | $31.10B | 22.34 | 17.84 | 17.93 | 18.19 |
| Zoetis Inc. (ZTS)vs › | $31.78B | 11.04 | 16.91 | 26.29 | 32.00 |
| Biogen Inc. (BIIB)vs › | $32.63B | 11.60 | 11.06 | 14.34 | 15.44 |
| Centene Corp. (CNC)vs › | $33.12B | 3.47 | 5.06 | 21.58 | 15.77 |
| ResMed Inc. (RMD)vs › | $33.12B | N/A | N/A | N/A | N/A |
| DexCom, Inc. (DXCM)vs › | $33.17B | 20.10 | 19.63 | 38.01 | 56.55 |
| Mettler-Toledo International Inc. (MTD)vs › | $27.18B | 28.05 | 28.32 | 27.67 | 31.14 |
| Alcon Inc. (ALC)vs › | $34.38B | 15.47 | 17.11 | 22.34 | 24.96 |
P/OCF Ratio
73.9
P/FCF Ratio
101.9
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 |
|---|---|
| 2026-09-03 | 73.86 |
| 2026-09-02 | 73.62 |
| 2026-09-01 | 72.48 |
| 2026-08-31 | 74.05 |
| 2026-08-28 | 74.06 |
| 2026-08-27 | 75.24 |
| 2026-08-26 | 73.97 |
| 2026-08-25 | 74.02 |
| 2026-08-24 | 73.36 |
| 2026-08-21 | 73.35 |
| 2026-08-20 | 72.28 |
| 2026-08-19 | 74.27 |
| 2026-08-18 | 71.66 |
| 2026-08-17 | 72.82 |
| 2026-08-14 | 73.61 |
| 2026-08-13 | 73.85 |
| 2026-08-12 | 74.32 |
| 2026-08-11 | 74.12 |
| 2026-08-10 | 86.72 |
| 2026-08-07 | 85.69 |
| 2026-08-06 | 84.18 |
| 2026-08-05 | 84.24 |
| 2026-08-04 | 83.42 |
| 2026-08-03 | 78.92 |
| 2026-07-31 | 79.47 |
| 2026-07-30 | 80.10 |
| 2026-07-29 | 79.92 |
| 2026-07-28 | 80.85 |
| 2026-07-27 | 78.18 |
| 2026-07-24 | 78.91 |
| 2026-07-23 | 80.54 |
| 2026-07-22 | 78.10 |
| 2026-07-21 | 77.41 |
| 2026-07-20 | 75.30 |
| 2026-07-17 | 77.71 |
| 2026-07-16 | 79.65 |
| 2026-07-15 | 78.96 |
| 2026-07-14 | 79.27 |
| 2026-07-13 | 78.60 |
| 2026-07-10 | 79.28 |
| 2026-07-09 | 79.43 |
| 2026-07-08 | 77.53 |
| 2026-07-07 | 78.96 |
| 2026-07-06 | 79.80 |
| 2026-07-02 | 79.88 |
| 2026-07-01 | 79.64 |
| 2026-06-30 | 78.99 |
| 2026-06-29 | 77.69 |
| 2026-06-26 | 78.86 |
| 2026-06-25 | 79.38 |
| 2026-06-24 | 77.75 |
| 2026-06-23 | 75.23 |
| 2026-06-22 | 75.45 |
| 2026-06-18 | 74.86 |
| 2026-06-17 | 75.19 |
| 2026-06-16 | 75.93 |
| 2026-06-15 | 75.35 |
| 2026-06-12 | 74.88 |
| 2026-06-11 | 75.77 |
| 2026-06-10 | 76.49 |
| 2026-06-09 | 78.17 |
| 2026-06-08 | 76.52 |
| 2026-06-05 | 76.95 |
| 2026-06-04 | 79.29 |
| 2026-06-03 | 79.98 |
| 2026-06-02 | 78.33 |
| 2026-06-01 | 79.64 |
| 2026-05-29 | 80.78 |
| 2026-05-28 | 77.23 |
| 2026-05-27 | 72.07 |
| 2026-05-26 | 71.32 |
| 2026-05-22 | 72.11 |
| 2026-05-21 | 71.82 |
| 2026-05-20 | 71.89 |
| 2026-05-19 | 70.19 |
| 2026-05-18 | 69.96 |
| 2026-05-15 | 69.34 |
| 2026-05-14 | 70.18 |
| 2026-05-13 | 70.54 |
| 2026-05-12 | 74.18 |
| 2026-05-11 | 31.88 |
| 2026-05-08 | 32.52 |
| 2026-05-07 | 32.10 |
| 2026-05-06 | 32.01 |
| 2026-05-05 | 31.37 |
| 2026-05-04 | 27.65 |
| 2026-05-01 | 28.13 |
| 2026-04-30 | 28.32 |
| 2026-04-29 | 26.75 |
| 2026-04-28 | 27.54 |
| 2026-04-27 | 27.46 |
| 2026-04-24 | 28.38 |
| 2026-04-23 | 28.50 |
| 2026-04-22 | 30.62 |
| 2026-04-21 | 30.70 |
| 2026-04-20 | 30.74 |
| 2026-04-17 | 30.02 |
| 2026-04-16 | 29.22 |
| 2026-04-15 | 29.87 |
| 2026-04-14 | 30.31 |
| 2026-04-13 | 29.74 |
| 2026-04-10 | 29.31 |
| 2026-04-09 | 29.09 |
| 2026-04-08 | 29.17 |
| 2026-04-07 | 28.15 |
| 2026-04-06 | 27.85 |
| 2026-04-02 | 27.86 |
| 2026-04-01 | 27.46 |
| 2026-03-31 | 27.27 |
| 2026-03-30 | 26.87 |
| 2026-03-27 | 26.48 |
| 2026-03-26 | 27.53 |
| 2026-03-25 | 27.69 |
| 2026-03-24 | 27.65 |
| 2026-03-23 | 27.64 |
| 2026-03-20 | 27.38 |
| 2026-03-19 | 27.44 |
| 2026-03-18 | 27.02 |
| 2026-03-17 | 27.20 |
| 2026-03-16 | 26.56 |
| 2026-03-13 | 26.24 |
| 2026-03-12 | 25.95 |
| 2026-03-11 | 27.25 |
| 2026-03-10 | 27.44 |
| 2026-03-09 | 27.99 |
| 2026-03-06 | 27.71 |
| 2026-03-05 | 28.90 |
| 2026-03-04 | 29.22 |
| 2026-03-03 | 28.59 |
| 2026-03-02 | 28.14 |
| 2026-02-27 | 29.25 |
| 2026-02-26 | 29.57 |
| 2026-02-25 | 29.26 |
| 2026-02-24 | 29.88 |
| 2026-02-23 | 30.02 |
| 2026-02-20 | 27.29 |
| 2026-02-19 | 26.91 |
| 2026-02-18 | 26.82 |
| 2026-02-17 | 26.32 |
| 2026-02-13 | 26.48 |
| 2026-02-12 | 26.19 |
| 2026-02-11 | 26.96 |
| 2026-02-10 | 26.78 |
| 2026-02-09 | 26.87 |
| 2026-02-06 | 31.22 |
| 2026-02-05 | 30.86 |
| 2026-02-04 | 31.47 |
| 2026-02-03 | 31.03 |
| 2026-02-02 | 31.06 |
| 2026-01-30 | 30.36 |
| 2026-01-29 | 30.72 |
| 2026-01-28 | 31.53 |
| 2026-01-27 | 31.94 |
| 2026-01-26 | 32.01 |
| 2026-01-23 | 32.12 |
| 2026-01-22 | 32.79 |
| 2026-01-21 | 32.48 |
| 2026-01-20 | 31.43 |
| 2026-01-16 | 31.72 |
| 2026-01-15 | 32.31 |
| 2026-01-14 | 32.20 |
| 2026-01-13 | 32.26 |
| 2026-01-12 | 32.24 |
| 2026-01-09 | 32.49 |
| 2026-01-08 | 32.48 |
| 2026-01-07 | 32.70 |
| 2026-01-06 | 32.80 |
| 2026-01-05 | 32.34 |
| 2026-01-02 | 31.28 |
| 2025-12-31 | 31.10 |
| 2025-12-30 | 31.44 |
| 2025-12-29 | 31.53 |
| 2025-12-26 | 31.61 |
| 2025-12-24 | 31.51 |
| 2025-12-23 | 31.38 |
| 2025-12-22 | 31.45 |
| 2025-12-19 | 30.95 |
| 2025-12-18 | 30.81 |
| 2025-12-17 | 30.88 |
| 2025-12-16 | 30.99 |
| 2025-12-15 | 31.56 |
| 2025-12-12 | 31.55 |
| 2025-12-11 | 32.12 |
| 2025-12-10 | 32.41 |
| 2025-12-09 | 31.62 |
| 2025-12-08 | 32.16 |
| 2025-12-05 | 32.33 |
| 2025-12-04 | 32.46 |
| 2025-12-03 | 32.56 |
| 2025-12-02 | 32.64 |
| 2025-12-01 | 32.57 |
| 2025-11-28 | 33.03 |
| 2025-11-26 | 33.34 |
| 2025-11-25 | 33.78 |
| 2025-11-24 | 32.72 |
| 2025-11-21 | 32.26 |
| 2025-11-20 | 31.00 |
| 2025-11-19 | 30.81 |
| 2025-11-18 | 30.84 |
| 2025-11-17 | 30.95 |
| 2025-11-14 | 31.07 |
| 2025-11-13 | 31.06 |
| 2025-11-12 | 31.72 |
| 2025-11-11 | 31.62 |
| 2025-11-10 | 30.83 |
| 2025-11-07 | 30.43 |
| 2025-11-06 | 30.39 |
| 2025-11-05 | 30.46 |
| 2025-11-04 | 30.08 |
| 2025-11-03 | 27.66 |
| 2025-10-31 | 27.98 |
| 2025-10-30 | 27.44 |
| 2025-10-29 | 27.49 |
| 2025-10-28 | 27.69 |
| 2025-10-27 | 28.15 |
| 2025-10-24 | 28.77 |
| 2025-10-23 | 28.47 |
| 2025-10-22 | 27.90 |
| 2025-10-21 | 27.95 |
| 2025-10-20 | 27.46 |
| 2025-10-17 | 26.78 |
| 2025-10-16 | 26.80 |
| 2025-10-15 | 26.60 |
| 2025-10-14 | 26.66 |
| 2025-10-13 | 26.92 |
| 2025-10-10 | 26.49 |
| 2025-10-09 | 26.45 |
| 2025-10-08 | 26.22 |
| 2025-10-07 | 25.48 |
| 2025-10-06 | 26.22 |
| 2025-10-03 | 26.28 |
| 2025-10-02 | 25.76 |
| 2025-10-01 | 25.59 |
| 2025-09-30 | 23.99 |
| 2025-09-29 | 23.16 |
| 2025-09-26 | 23.35 |
| 2025-09-25 | 23.03 |
| 2025-09-24 | 23.42 |
| 2025-09-23 | 23.95 |
| 2025-09-22 | 24.21 |
| 2025-09-19 | 24.08 |
| 2025-09-18 | 24.52 |
| 2025-09-17 | 24.30 |
| 2025-09-16 | 24.26 |
| 2025-09-15 | 23.93 |
| 2025-09-12 | 23.64 |
| 2025-09-11 | 24.21 |
| 2025-09-10 | 23.45 |
| 2025-09-09 | 24.05 |
| 2025-09-08 | 24.76 |
| 2025-09-05 | 24.52 |
| 2025-09-04 | 23.98 |
| 2025-09-03 | 23.21 |
| 2025-09-02 | 23.73 |
| 2025-08-29 | 24.15 |
| 2025-08-28 | 23.82 |
| 2025-08-27 | 23.58 |
| 2025-08-26 | 23.70 |
| 2025-08-25 | 23.93 |
| 2025-08-22 | 24.18 |
Showing the most recent 260 of 5,031 data points. The chart above shows the full history.