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 18.51x is 46% below its estimated 5-year average of 34.21x, near the low end of its estimated 5-year range (10.76x–65.48x).
As of 2026-09-16T17:56:23.261Z. 0.18% above its estimated 12-month average of 18.48x.
Calculation as of: 2026-09-16T17:56:23.261Z.
Quote observation: 2026-09-16T17:55:10.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 38ce92a6dafb4dc6961d7c41d250ca21e70474400b2180a2a9f93d8a4372e5bc
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
18.51x
EV/FCF RATIO AVG TTM
18.48x
EV/FCF RATIO AVG 3Y
29.63x
EV/FCF RATIO AVG 5Y
34.21x
EV/FCF RATIO AVG 10Y
59.49x
EV/FCF RATIO AVG 15Y
N/A
EV/FCF RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+0.18%
CURRENT VS 3Y AVG
-37.54%
CURRENT VS 5Y AVG
-45.90%
CURRENT VS 10Y AVG
-68.89%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
30.30x
median of 158 covered companies
CURRENT VS SECTOR MEDIAN
-38.90%
vs the sector median at left
Market Cap
$49.80B
EV/FCF Ratio
37.75x
TTM Avg
23.12x
3Y Avg
36.84x
5Y Avg
52.46x
Market Cap
$47.99B
EV/FCF Ratio
63.68x
TTM Avg
66.33x
3Y Avg
53.33x
5Y Avg
63.56x
Market Cap
$45.67B
EV/FCF Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$45.87B
EV/FCF Ratio
165.38x
TTM Avg
144.82x
3Y Avg
154.03x
5Y Avg
154.03x
| NAME | MARKET CAP | EV/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Workday, Inc. (WDAY) | $49.53B | 18.51x | 18.48x | 29.63x | 34.21x |
| Atlassian Corporation (TEAM)vs › | $49.80B | 37.75x | 23.12x | 36.84x | 52.46x |
| Ciena Corporation (CIEN)vs › | $47.99B | 63.68x | 66.33x | 53.33x | 63.56x |
| Nebius Group N.V. (NBIS)vs › | $52.17B | N/A | 11.51x | 11.51x | 11.51x |
| Autodesk, Inc. (ADSK)vs › | $46.97B | 16.45x | 25.05x | 35.35x | 33.20x |
| Block, Inc. (XYZ)vs › | $46.30B | 9.64x | 19.20x | 58.70x | 423.89x |
| Teradyne, Inc. (TER)vs › | $53.63B | 66.74x | 85.63x | 54.30x | 43.73x |
| CoreWeave, Inc. Class A Common Stock (CRWV)vs › | $45.67B | N/A | N/A | N/A | N/A |
| Astera Labs, Inc. Common Stock (ALAB)vs › | $45.87B | 165.38x | 144.82x | 154.03x | 154.03x |
| Garmin Ltd. (GRMN)vs › | $53.97B | 33.77x | 32.45x | 28.38x | 31.35x |
EV/FCF
18.5x
P/FCF
17.4x
FCF Yield
5.74%
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 | 17.46x |
| 2026-09-08 | 17.48x |
| 2026-09-04 | 18.32x |
| 2026-09-03 | 19.30x |
| 2026-09-02 | 18.77x |
| 2026-09-01 | 18.55x |
| 2026-08-31 | 18.47x |
| 2026-08-28 | 19.11x |
| 2026-08-27 | 17.66x |
| 2026-08-26 | 17.41x |
| 2026-08-25 | 17.73x |
| 2026-08-24 | 18.13x |
| 2026-08-21 | 18.21x |
| 2026-08-20 | 17.98x |
| 2026-08-19 | 18.07x |
| 2026-08-18 | 17.41x |
| 2026-08-17 | 17.45x |
| 2026-08-14 | 18.09x |
| 2026-08-13 | 18.76x |
| 2026-08-12 | 16.09x |
| 2026-08-11 | 16.60x |
| 2026-08-10 | 16.85x |
| 2026-08-07 | 16.46x |
| 2026-08-06 | 15.66x |
| 2026-08-05 | 15.69x |
| 2026-08-04 | 15.75x |
| 2026-08-03 | 15.22x |
| 2026-07-31 | 14.81x |
| 2026-07-30 | 14.62x |
| 2026-07-29 | 15.47x |
| 2026-07-28 | 14.76x |
| 2026-07-27 | 13.72x |
| 2026-07-24 | 12.67x |
| 2026-07-23 | 12.03x |
| 2026-07-22 | 12.42x |
| 2026-07-21 | 13.17x |
| 2026-07-20 | 13.69x |
| 2026-07-17 | 13.48x |
| 2026-07-16 | 13.54x |
| 2026-07-15 | 13.23x |
| 2026-07-14 | 13.06x |
| 2026-07-13 | 13.49x |
| 2026-07-10 | 12.98x |
| 2026-07-09 | 12.93x |
| 2026-07-08 | 12.89x |
| 2026-07-07 | 13.38x |
| 2026-07-06 | 12.90x |
| 2026-07-02 | 12.68x |
| 2026-07-01 | 12.24x |
| 2026-06-30 | 11.57x |
| 2026-06-29 | 11.67x |
| 2026-06-26 | 11.72x |
| 2026-06-25 | 10.83x |
| 2026-06-24 | 11.20x |
| 2026-06-23 | 10.94x |
| 2026-06-22 | 10.76x |
| 2026-06-18 | 11.10x |
| 2026-06-17 | 11.52x |
| 2026-06-16 | 11.94x |
| 2026-06-15 | 12.18x |
| 2026-06-12 | 12.28x |
| 2026-06-11 | 12.26x |
| 2026-06-10 | 12.86x |
| 2026-06-09 | 13.09x |
| 2026-06-08 | 13.39x |
| 2026-06-05 | 13.44x |
| 2026-06-04 | 13.75x |
| 2026-06-03 | 13.66x |
| 2026-06-02 | 13.83x |
| 2026-06-01 | 14.55x |
| 2026-05-29 | 13.60x |
| 2026-05-28 | 12.22x |
| 2026-05-27 | 11.75x |
| 2026-05-26 | 11.70x |
| 2026-05-22 | 12.99x |
| 2026-05-21 | 12.39x |
| 2026-05-20 | 12.84x |
| 2026-05-19 | 13.10x |
| 2026-05-18 | 13.06x |
| 2026-05-15 | 12.69x |
| 2026-05-14 | 12.10x |
| 2026-05-13 | 11.89x |
| 2026-05-12 | 12.09x |
| 2026-05-11 | 12.35x |
| 2026-05-08 | 12.96x |
| 2026-05-07 | 13.25x |
| 2026-05-06 | 12.47x |
| 2026-05-05 | 13.06x |
| 2026-05-04 | 12.97x |
| 2026-05-01 | 12.88x |
| 2026-04-30 | 12.45x |
| 2026-04-29 | 12.45x |
| 2026-04-28 | 12.33x |
| 2026-04-27 | 12.01x |
| 2026-04-24 | 12.20x |
| 2026-04-23 | 11.71x |
| 2026-04-22 | 12.84x |
| 2026-04-21 | 13.09x |
| 2026-04-20 | 12.97x |
| 2026-04-17 | 12.58x |
| 2026-04-16 | 12.68x |
| 2026-04-15 | 12.61x |
| 2026-04-14 | 12.01x |
| 2026-04-13 | 12.21x |
| 2026-04-10 | 11.51x |
| 2026-04-09 | 11.56x |
| 2026-04-08 | 12.14x |
| 2026-04-07 | 12.93x |
| 2026-04-06 | 13.14x |
| 2026-04-02 | 13.38x |
| 2026-04-01 | 13.08x |
| 2026-03-31 | 13.16x |
| 2026-03-30 | 13.05x |
| 2026-03-27 | 12.61x |
| 2026-03-26 | 12.97x |
| 2026-03-25 | 12.89x |
| 2026-03-24 | 13.10x |
| 2026-03-23 | 13.84x |
| 2026-03-20 | 13.73x |
| 2026-03-19 | 13.49x |
| 2026-03-18 | 13.38x |
| 2026-03-17 | 13.66x |
| 2026-03-16 | 13.51x |
| 2026-03-13 | 13.46x |
| 2026-03-12 | 13.56x |
| 2026-03-11 | 13.91x |
| 2026-03-10 | 14.35x |
| 2026-03-09 | 14.89x |
| 2026-03-06 | 16.22x |
| 2026-03-05 | 15.81x |
| 2026-03-04 | 15.38x |
| 2026-03-03 | 15.44x |
| 2026-03-02 | 14.44x |
| 2026-02-27 | 14.41x |
| 2026-02-26 | 14.97x |
| 2026-02-25 | 14.35x |
| 2026-02-24 | 14.05x |
| 2026-02-23 | 13.94x |
| 2026-02-20 | 14.84x |
| 2026-02-19 | 15.07x |
| 2026-02-18 | 15.34x |
| 2026-02-17 | 15.39x |
| 2026-02-13 | 15.53x |
| 2026-02-12 | 15.49x |
| 2026-02-11 | 15.54x |
| 2026-02-10 | 16.44x |
| 2026-02-09 | 16.58x |
| 2026-02-06 | 17.46x |
| 2026-02-05 | 17.02x |
| 2026-02-04 | 18.21x |
| 2026-02-03 | 17.27x |
| 2026-02-02 | 18.55x |
| 2026-01-30 | 18.78x |
| 2026-01-29 | 18.68x |
| 2026-01-28 | 20.19x |
| 2026-01-27 | 20.13x |
| 2026-01-26 | 20.37x |
| 2026-01-23 | 20.20x |
| 2026-01-22 | 20.09x |
| 2026-01-21 | 19.59x |
| 2026-01-20 | 19.55x |
| 2026-01-16 | 19.95x |
| 2026-01-15 | 20.57x |
| 2026-01-14 | 20.70x |
| 2026-01-13 | 21.28x |
| 2026-01-12 | 22.15x |
| 2026-01-09 | 22.07x |
| 2026-01-08 | 22.35x |
| 2026-01-07 | 22.49x |
| 2026-01-06 | 22.40x |
| 2026-01-05 | 22.25x |
| 2026-01-02 | 21.93x |
| 2025-12-31 | 22.87x |
| 2025-12-30 | 23.09x |
| 2025-12-29 | 23.31x |
| 2025-12-26 | 23.48x |
| 2025-12-24 | 23.08x |
| 2025-12-23 | 22.94x |
| 2025-12-22 | 23.20x |
| 2025-12-19 | 23.27x |
| 2025-12-18 | 23.21x |
| 2025-12-17 | 22.99x |
| 2025-12-16 | 23.01x |
| 2025-12-15 | 22.88x |
| 2025-12-12 | 23.88x |
| 2025-12-11 | 23.83x |
| 2025-12-10 | 23.70x |
| 2025-12-09 | 23.65x |
| 2025-12-08 | 23.52x |
| 2025-12-05 | 23.41x |
| 2025-12-04 | 23.06x |
| 2025-12-03 | 22.87x |
| 2025-12-02 | 22.69x |
| 2025-12-01 | 22.72x |
| 2025-11-28 | 22.95x |
| 2025-11-26 | 25.37x |
| 2025-11-25 | 27.45x |
| 2025-11-24 | 26.65x |
| 2025-11-21 | 26.48x |
| 2025-11-20 | 25.54x |
| 2025-11-19 | 26.34x |
| 2025-11-18 | 26.54x |
| 2025-11-17 | 26.46x |
| 2025-11-14 | 27.12x |
| 2025-11-13 | 26.29x |
| 2025-11-12 | 26.57x |
| 2025-11-11 | 26.69x |
| 2025-11-10 | 26.80x |
| 2025-11-07 | 26.48x |
| 2025-11-06 | 26.41x |
| 2025-11-05 | 27.27x |
| 2025-11-04 | 27.42x |
| 2025-11-03 | 27.90x |
| 2025-10-31 | 28.15x |
| 2025-10-30 | 27.35x |
| 2025-10-29 | 27.18x |
| 2025-10-28 | 27.81x |
| 2025-10-27 | 28.04x |
| 2025-10-24 | 28.47x |
| 2025-10-23 | 28.53x |
| 2025-10-22 | 28.48x |
| 2025-10-21 | 28.80x |
| 2025-10-20 | 28.29x |
| 2025-10-17 | 27.51x |
| 2025-10-16 | 26.76x |
| 2025-10-15 | 27.57x |
| 2025-10-14 | 27.84x |
| 2025-10-13 | 27.77x |
| 2025-10-10 | 27.39x |
| 2025-10-09 | 27.96x |
| 2025-10-08 | 27.96x |
| 2025-10-07 | 27.39x |
| 2025-10-06 | 27.97x |
| 2025-10-03 | 27.76x |
| 2025-10-02 | 27.27x |
| 2025-10-01 | 27.28x |
| 2025-09-30 | 28.24x |
| 2025-09-29 | 29.03x |
| 2025-09-26 | 28.91x |
| 2025-09-25 | 28.47x |
| 2025-09-24 | 28.33x |
| 2025-09-23 | 28.19x |
| 2025-09-22 | 28.46x |
| 2025-09-19 | 27.44x |
| 2025-09-18 | 27.42x |
| 2025-09-17 | 27.58x |
| 2025-09-16 | 25.79x |
| 2025-09-15 | 26.21x |
| 2025-09-12 | 26.28x |
| 2025-09-11 | 26.65x |
| 2025-09-10 | 26.63x |
| 2025-09-09 | 27.11x |
| 2025-09-08 | 27.23x |
| 2025-09-05 | 27.15x |
| 2025-09-04 | 27.16x |
| 2025-09-03 | 27.42x |
| 2025-09-02 | 26.90x |
| 2025-08-29 | 27.12x |
| 2025-08-28 | 26.86x |
| 2025-08-27 | 27.00x |
Showing the most recent 260 of 2,896 data points. The chart above shows the full history.
