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 21.98x is 77% below its estimated 5-year average of 94.83x, near the low end of its estimated 5-year range (17.74x–724.37x).
As of 2026-10-02T21:10:56.442Z. 30.06% below its estimated 12-month average of 31.43x.
Calculation as of: 2026-10-02T21:10:56.442Z.
Quote observation: 2026-10-02T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 38434a2ec873e63f4b6306dae12dba946e1f285b5d5377537a1706c6666b0250
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 2026-10-01.
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
21.98x
EV/FCF RATIO AVG TTM
31.43x
EV/FCF RATIO AVG 3Y
63.09x
EV/FCF RATIO AVG 5Y
94.83x
EV/FCF RATIO AVG 10Y
111.51x
EV/FCF RATIO AVG 15Y
N/A
EV/FCF RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-30.06%
CURRENT VS 3Y AVG
-65.16%
CURRENT VS 5Y AVG
-76.82%
CURRENT VS 10Y AVG
-80.29%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
30.22x
median of 164 covered companies
CURRENT VS SECTOR MEDIAN
-27.27%
vs the sector median at left
Market Cap
$4.06B
EV/FCF Ratio
16.53x
TTM Avg
13.59x
3Y Avg
24.69x
5Y Avg
35.80x
Market Cap
$3.50B
EV/FCF Ratio
41.62x
TTM Avg
50.34x
3Y Avg
50.23x
5Y Avg
45.28x
Market Cap
$4.34B
EV/FCF Ratio
15.30x
TTM Avg
16.26x
3Y Avg
24.37x
5Y Avg
37.91x
| NAME | MARKET CAP | EV/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Workiva Inc. (WK) | $3.88B | 21.98x | 31.43x | 63.09x | 94.83x |
| Wix.com Ltd. (WIX)vs › | $3.81B | 12.46x | 9.90x | 27.35x | 63.34x |
| Itron, Inc. (ITRI)vs › | $3.79B | 8.32x | 11.95x | 38.00x | 80.47x |
| Dlocal Limited (DLO)vs › | $4.03B | 7.80x | 17.61x | 19.63x | 42.86x |
| Tenable Holdings, Inc. (TENB)vs › | $4.06B | 16.53x | 13.59x | 24.69x | 35.80x |
| Ondas Holdings Inc. (ONDS)vs › | $4.13B | N/A | N/A | N/A | N/A |
| Clear Secure, Inc. (YOU)vs › | $4.18B | 8.19x | 11.66x | 10.56x | 23.62x |
| Veeco Instruments Inc. (VECO)vs › | $3.50B | 41.62x | 50.34x | 50.23x | 45.28x |
| Bill.com Holdings, Inc. (BILL)vs › | $4.34B | 15.30x | 16.26x | 24.37x | 37.91x |
| AXT, Inc. (AXTI)vs › | $4.36B | N/A | 35.14x | 50.40x | 35.17x |
EV/FCF
22.0x
P/FCF
19.3x
FCF Yield
5.17%
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 |
|---|---|
| 2026-10-01 | 22.11x |
| 2026-09-30 | 21.26x |
| 2026-09-29 | 20.86x |
| 2026-09-28 | 21.71x |
| 2026-09-25 | 22.11x |
| 2026-09-24 | 22.63x |
| 2026-09-23 | 22.44x |
| 2026-09-22 | 22.17x |
| 2026-09-21 | 23.01x |
| 2026-09-18 | 23.10x |
| 2026-09-17 | 23.11x |
| 2026-09-16 | 22.98x |
| 2026-09-15 | 23.56x |
| 2026-09-14 | 23.86x |
| 2026-09-11 | 22.73x |
| 2026-09-10 | 22.59x |
| 2026-09-09 | 22.99x |
| 2026-09-08 | 23.25x |
| 2026-09-04 | 24.05x |
| 2026-09-03 | 24.62x |
| 2026-09-02 | 23.82x |
| 2026-09-01 | 24.09x |
| 2026-08-31 | 25.01x |
| 2026-08-28 | 24.77x |
| 2026-08-27 | 24.34x |
| 2026-08-26 | 23.47x |
| 2026-08-25 | 23.42x |
| 2026-08-24 | 23.58x |
| 2026-08-21 | 23.56x |
| 2026-08-20 | 23.72x |
| 2026-08-19 | 23.81x |
| 2026-08-18 | 22.24x |
| 2026-08-17 | 22.18x |
| 2026-08-14 | 22.36x |
| 2026-08-13 | 23.26x |
| 2026-08-12 | 21.67x |
| 2026-08-11 | 21.95x |
| 2026-08-10 | 21.47x |
| 2026-08-07 | 20.86x |
| 2026-08-06 | 19.99x |
| 2026-08-05 | 19.89x |
| 2026-08-04 | 23.50x |
| 2026-08-03 | 23.48x |
| 2026-07-31 | 23.01x |
| 2026-07-30 | 22.58x |
| 2026-07-29 | 23.57x |
| 2026-07-28 | 22.57x |
| 2026-07-27 | 21.63x |
| 2026-07-24 | 20.50x |
| 2026-07-23 | 19.91x |
| 2026-07-22 | 20.37x |
| 2026-07-21 | 21.36x |
| 2026-07-20 | 22.12x |
| 2026-07-17 | 22.12x |
| 2026-07-16 | 22.05x |
| 2026-07-15 | 21.17x |
| 2026-07-14 | 20.93x |
| 2026-07-13 | 21.22x |
| 2026-07-10 | 20.41x |
| 2026-07-09 | 20.47x |
| 2026-07-08 | 20.35x |
| 2026-07-07 | 20.68x |
| 2026-07-06 | 20.20x |
| 2026-07-02 | 20.33x |
| 2026-07-01 | 19.94x |
| 2026-06-30 | 19.17x |
| 2026-06-29 | 19.28x |
| 2026-06-26 | 19.35x |
| 2026-06-25 | 18.42x |
| 2026-06-24 | 18.94x |
| 2026-06-23 | 18.65x |
| 2026-06-22 | 18.31x |
| 2026-06-18 | 18.78x |
| 2026-06-17 | 19.01x |
| 2026-06-16 | 19.32x |
| 2026-06-15 | 19.27x |
| 2026-06-12 | 19.31x |
| 2026-06-11 | 19.38x |
| 2026-06-10 | 19.44x |
| 2026-06-09 | 19.16x |
| 2026-06-08 | 19.10x |
| 2026-06-05 | 19.38x |
| 2026-06-04 | 19.35x |
| 2026-06-03 | 19.62x |
| 2026-06-02 | 20.34x |
| 2026-06-01 | 20.64x |
| 2026-05-29 | 19.60x |
| 2026-05-28 | 18.51x |
| 2026-05-27 | 18.83x |
| 2026-05-26 | 19.45x |
| 2026-05-22 | 19.78x |
| 2026-05-21 | 19.68x |
| 2026-05-20 | 19.19x |
| 2026-05-19 | 19.57x |
| 2026-05-18 | 19.61x |
| 2026-05-15 | 18.79x |
| 2026-05-14 | 18.11x |
| 2026-05-13 | 17.74x |
| 2026-05-12 | 18.60x |
| 2026-05-11 | 18.46x |
| 2026-05-08 | 20.11x |
| 2026-05-07 | 20.45x |
| 2026-05-06 | 20.20x |
| 2026-05-05 | 26.66x |
| 2026-05-04 | 27.15x |
| 2026-05-01 | 26.39x |
| 2026-04-30 | 25.85x |
| 2026-04-29 | 26.03x |
| 2026-04-28 | 26.15x |
| 2026-04-27 | 26.03x |
| 2026-04-24 | 25.71x |
| 2026-04-23 | 25.31x |
| 2026-04-22 | 26.92x |
| 2026-04-21 | 27.00x |
| 2026-04-20 | 27.30x |
| 2026-04-17 | 27.47x |
| 2026-04-16 | 27.53x |
| 2026-04-15 | 27.11x |
| 2026-04-14 | 26.54x |
| 2026-04-13 | 26.96x |
| 2026-04-10 | 25.38x |
| 2026-04-09 | 26.74x |
| 2026-04-08 | 27.41x |
| 2026-04-07 | 28.11x |
| 2026-04-06 | 28.49x |
| 2026-04-02 | 28.59x |
| 2026-04-01 | 28.47x |
| 2026-03-31 | 28.43x |
| 2026-03-30 | 28.04x |
| 2026-03-27 | 27.68x |
| 2026-03-26 | 28.35x |
| 2026-03-25 | 28.01x |
| 2026-03-24 | 28.36x |
| 2026-03-23 | 29.17x |
| 2026-03-20 | 28.90x |
| 2026-03-19 | 29.25x |
| 2026-03-18 | 29.29x |
| 2026-03-17 | 29.32x |
| 2026-03-16 | 29.09x |
| 2026-03-13 | 29.26x |
| 2026-03-12 | 29.16x |
| 2026-03-11 | 29.52x |
| 2026-03-10 | 29.51x |
| 2026-03-09 | 30.27x |
| 2026-03-06 | 30.65x |
| 2026-03-05 | 30.44x |
| 2026-03-04 | 29.36x |
| 2026-03-03 | 29.66x |
| 2026-03-02 | 29.13x |
| 2026-02-27 | 29.25x |
| 2026-02-26 | 29.30x |
| 2026-02-25 | 28.23x |
| 2026-02-24 | 27.62x |
| 2026-02-23 | 27.58x |
| 2026-02-20 | 29.19x |
| 2026-02-19 | 30.13x |
| 2026-02-18 | 29.63x |
| 2026-02-17 | 29.56x |
| 2026-02-13 | 31.32x |
| 2026-02-12 | 31.52x |
| 2026-02-11 | 32.67x |
| 2026-02-10 | 34.91x |
| 2026-02-09 | 34.36x |
| 2026-02-06 | 34.86x |
| 2026-02-05 | 34.47x |
| 2026-02-04 | 35.46x |
| 2026-02-03 | 35.82x |
| 2026-02-02 | 37.85x |
| 2026-01-30 | 38.06x |
| 2026-01-29 | 37.72x |
| 2026-01-28 | 39.97x |
| 2026-01-27 | 39.85x |
| 2026-01-26 | 40.70x |
| 2026-01-23 | 40.03x |
| 2026-01-22 | 40.15x |
| 2026-01-21 | 39.45x |
| 2026-01-20 | 41.16x |
| 2026-01-16 | 41.94x |
| 2026-01-15 | 41.51x |
| 2026-01-14 | 42.19x |
| 2026-01-13 | 43.12x |
| 2026-01-12 | 43.53x |
| 2026-01-09 | 43.64x |
| 2026-01-08 | 43.89x |
| 2026-01-07 | 44.50x |
| 2026-01-06 | 42.35x |
| 2026-01-05 | 41.23x |
| 2026-01-02 | 40.72x |
| 2025-12-31 | 42.18x |
| 2025-12-30 | 42.20x |
| 2025-12-29 | 42.38x |
| 2025-12-26 | 42.72x |
| 2025-12-24 | 42.74x |
| 2025-12-23 | 43.06x |
| 2025-12-22 | 43.07x |
| 2025-12-19 | 42.93x |
| 2025-12-18 | 43.01x |
| 2025-12-17 | 42.78x |
| 2025-12-16 | 42.69x |
| 2025-12-15 | 42.20x |
| 2025-12-12 | 42.66x |
| 2025-12-11 | 41.97x |
| 2025-12-10 | 43.19x |
| 2025-12-09 | 44.30x |
| 2025-12-08 | 44.64x |
| 2025-12-05 | 44.91x |
| 2025-12-04 | 44.82x |
| 2025-12-03 | 44.79x |
| 2025-12-02 | 44.18x |
| 2025-12-01 | 44.18x |
| 2025-11-28 | 45.00x |
| 2025-11-26 | 44.87x |
| 2025-11-25 | 45.18x |
| 2025-11-24 | 44.45x |
| 2025-11-21 | 44.08x |
| 2025-11-20 | 42.88x |
| 2025-11-19 | 43.33x |
| 2025-11-18 | 44.17x |
| 2025-11-17 | 43.43x |
| 2025-11-14 | 44.32x |
| 2025-11-13 | 44.41x |
| 2025-11-12 | 45.23x |
| 2025-11-11 | 45.33x |
| 2025-11-10 | 43.48x |
| 2025-11-07 | 43.41x |
| 2025-11-06 | 42.48x |
| 2025-11-05 | 49.77x |
| 2025-11-04 | 49.64x |
| 2025-11-03 | 51.26x |
| 2025-10-31 | 51.35x |
| 2025-10-30 | 52.18x |
| 2025-10-29 | 52.29x |
| 2025-10-28 | 53.52x |
| 2025-10-27 | 53.27x |
| 2025-10-24 | 53.64x |
| 2025-10-23 | 53.90x |
| 2025-10-22 | 53.28x |
| 2025-10-21 | 54.65x |
| 2025-10-20 | 53.82x |
| 2025-10-17 | 52.87x |
| 2025-10-16 | 52.58x |
| 2025-10-15 | 52.05x |
| 2025-10-14 | 52.70x |
| 2025-10-13 | 53.26x |
| 2025-10-10 | 52.42x |
| 2025-10-09 | 52.50x |
| 2025-10-08 | 53.40x |
| 2025-10-07 | 51.66x |
| 2025-10-06 | 53.48x |
| 2025-10-03 | 52.88x |
| 2025-10-02 | 52.69x |
| 2025-10-01 | 50.85x |
| 2025-09-30 | 51.94x |
| 2025-09-29 | 51.46x |
| 2025-09-26 | 51.78x |
| 2025-09-25 | 50.66x |
| 2025-09-24 | 50.74x |
| 2025-09-23 | 50.46x |
| 2025-09-22 | 50.13x |
| 2025-09-19 | 48.43x |
Showing the most recent 260 of 2,231 data points. The chart above shows the full history.
