Basis: FMP quote market capitalization / four-quarter operating cash flow. 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 10.87 is 26% below its estimated 5-year average of 14.60, near the low end of its estimated 5-year range (9.93–21.46).
As of 2026-10-02T20:56:12.158Z. 3.82% below its estimated 12-month average of 11.30.
Calculation as of: 2026-10-02T20:56:12.158Z.
Quote observation: 2026-10-02T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 04b578ffe3760183ce98fcfaecfde98f976033968bd2eea535523165a5197a01
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.
PRICE/OCF RATIO
10.87
PRICE/OCF RATIO AVG TTM
11.30
PRICE/OCF RATIO AVG 3Y
12.23
PRICE/OCF RATIO AVG 5Y
14.60
PRICE/OCF RATIO AVG 10Y
16.06
PRICE/OCF RATIO AVG 15Y
14.48
PRICE/OCF RATIO AVG 20Y
13.89
CURRENT VS TTM AVG
-3.82%
CURRENT VS 3Y AVG
-11.14%
CURRENT VS 5Y AVG
-25.52%
CURRENT VS 10Y AVG
-32.33%
CURRENT VS 15Y AVG
-24.92%
CURRENT VS 20Y AVG
-21.74%
SECTOR MEDIAN · UTILITIES
8.90
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+22.13%
vs the sector median at left
Essential Utilities, Inc.
Market Cap
$11.17B
Price/OCF Ratio
10.87
TTM Avg
11.30
3Y Avg
12.23
5Y Avg
14.60
Market Cap
$11.62B
Price/OCF Ratio
6.56
TTM Avg
6.87
3Y Avg
6.96
5Y Avg
7.41
Market Cap
$8.67B
Price/OCF Ratio
6.26
TTM Avg
6.69
3Y Avg
5.31
5Y Avg
6.68
Market Cap
$14.56B
Price/OCF Ratio
18.29
TTM Avg
73.54
3Y Avg
65.15
5Y Avg
65.15
Market Cap
$16.61B
Price/OCF Ratio
14.35
TTM Avg
15.24
3Y Avg
15.34
5Y Avg
19.58
| NAME | MARKET CAP | PRICE/OCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Essential Utilities, Inc. (WTRG) | $11.17B | 10.87 | 11.30 | 12.23 | 14.60 |
| Pinnacle West Capital Corporation (PNW)vs › | $11.62B | 6.56 | 6.87 | 6.96 | 7.41 |
| The AES Corporation (AES)vs › | $10.63B | 2.11 | 2.40 | 3.28 | 4.80 |
| Brookfield Renewable Partners L.P. (BEP)vs › | $8.67B | 6.26 | 6.69 | 5.31 | 6.68 |
| UGI Corporation (UGI)vs › | $7.98B | 7.51 | 6.92 | 5.54 | 6.48 |
| Talen Energy Corporation (TLN)vs › | $14.56B | 18.29 | 73.54 | 65.15 | 65.15 |
| Oklo Inc. (OKLO)vs › | $6.24B | N/A | N/A | N/A | N/A |
| Clearway Energy, Inc. (CWEN)vs › | $6.03B | 5.93 | 5.26 | 4.58 | 4.87 |
| Alliant Energy Corporation (LNT)vs › | $16.61B | 14.35 | 15.24 | 15.34 | 19.58 |
| Black Hills Corporation (BKH)vs › | $5.40B | 8.60 | 8.22 | 6.13 | 6.43 |
P/OCF Ratio
10.9
P/FCF Ratio
N/A
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 |
|---|---|
| 2026-10-01 | 10.69 |
| 2026-09-30 | 10.83 |
| 2026-09-29 | 10.85 |
| 2026-09-28 | 10.77 |
| 2026-09-25 | 10.93 |
| 2026-09-24 | 10.99 |
| 2026-09-23 | 11.11 |
| 2026-09-22 | 11.16 |
| 2026-09-21 | 11.19 |
| 2026-09-18 | 11.35 |
| 2026-09-17 | 11.51 |
| 2026-09-16 | 11.44 |
| 2026-09-15 | 11.47 |
| 2026-09-14 | 11.50 |
| 2026-09-11 | 11.35 |
| 2026-09-10 | 11.56 |
| 2026-09-09 | 11.61 |
| 2026-09-08 | 11.59 |
| 2026-09-04 | 11.53 |
| 2026-09-03 | 11.58 |
| 2026-09-02 | 11.49 |
| 2026-09-01 | 11.37 |
| 2026-08-31 | 11.38 |
| 2026-08-28 | 11.36 |
| 2026-08-27 | 11.21 |
| 2026-08-26 | 11.27 |
| 2026-08-25 | 11.27 |
| 2026-08-24 | 11.43 |
| 2026-08-21 | 11.11 |
| 2026-08-20 | 11.17 |
| 2026-08-19 | 11.35 |
| 2026-08-18 | 11.16 |
| 2026-08-17 | 11.00 |
| 2026-08-14 | 11.16 |
| 2026-08-13 | 11.19 |
| 2026-08-12 | 11.02 |
| 2026-08-11 | 11.08 |
| 2026-08-10 | 11.00 |
| 2026-08-07 | 11.07 |
| 2026-08-06 | 11.03 |
| 2026-08-05 | 11.50 |
| 2026-08-04 | 11.49 |
| 2026-08-03 | 11.27 |
| 2026-07-31 | 11.58 |
| 2026-07-30 | 11.72 |
| 2026-07-29 | 11.82 |
| 2026-07-28 | 11.83 |
| 2026-07-27 | 11.49 |
| 2026-07-24 | 11.51 |
| 2026-07-23 | 11.50 |
| 2026-07-22 | 11.45 |
| 2026-07-21 | 11.31 |
| 2026-07-20 | 11.44 |
| 2026-07-17 | 11.53 |
| 2026-07-16 | 11.47 |
| 2026-07-15 | 11.02 |
| 2026-07-14 | 11.21 |
| 2026-07-13 | 11.21 |
| 2026-07-10 | 11.21 |
| 2026-07-09 | 11.19 |
| 2026-07-08 | 11.26 |
| 2026-07-07 | 11.35 |
| 2026-07-06 | 11.23 |
| 2026-07-02 | 11.44 |
| 2026-07-01 | 11.05 |
| 2026-06-30 | 11.13 |
| 2026-06-29 | 11.16 |
| 2026-06-26 | 11.23 |
| 2026-06-25 | 11.02 |
| 2026-06-24 | 10.98 |
| 2026-06-23 | 10.83 |
| 2026-06-22 | 10.66 |
| 2026-06-18 | 10.66 |
| 2026-06-17 | 10.73 |
| 2026-06-16 | 11.01 |
| 2026-06-15 | 10.91 |
| 2026-06-12 | 10.90 |
| 2026-06-11 | 10.79 |
| 2026-06-10 | 10.91 |
| 2026-06-09 | 10.90 |
| 2026-06-08 | 10.65 |
| 2026-06-05 | 10.85 |
| 2026-06-04 | 10.68 |
| 2026-06-03 | 10.75 |
| 2026-06-02 | 10.76 |
| 2026-06-01 | 10.53 |
| 2026-05-29 | 10.72 |
| 2026-05-28 | 10.66 |
| 2026-05-27 | 10.77 |
| 2026-05-26 | 10.79 |
| 2026-05-22 | 10.88 |
| 2026-05-21 | 10.75 |
| 2026-05-20 | 10.62 |
| 2026-05-19 | 10.78 |
| 2026-05-18 | 10.82 |
| 2026-05-15 | 10.75 |
| 2026-05-14 | 10.90 |
| 2026-05-13 | 11.01 |
| 2026-05-12 | 11.03 |
| 2026-05-11 | 10.91 |
| 2026-05-08 | 10.89 |
| 2026-05-07 | 10.58 |
| 2026-05-06 | 10.54 |
| 2026-05-05 | 10.52 |
| 2026-05-04 | 10.65 |
| 2026-05-01 | 10.67 |
| 2026-04-30 | 10.72 |
| 2026-04-29 | 11.08 |
| 2026-04-28 | 11.12 |
| 2026-04-27 | 11.06 |
| 2026-04-24 | 11.09 |
| 2026-04-23 | 11.32 |
| 2026-04-22 | 10.93 |
| 2026-04-21 | 11.00 |
| 2026-04-20 | 11.17 |
| 2026-04-17 | 10.95 |
| 2026-04-16 | 10.87 |
| 2026-04-15 | 10.83 |
| 2026-04-14 | 11.08 |
| 2026-04-13 | 11.11 |
| 2026-04-10 | 11.41 |
| 2026-04-09 | 11.52 |
| 2026-04-08 | 11.32 |
| 2026-04-07 | 11.36 |
| 2026-04-06 | 11.48 |
| 2026-04-02 | 11.53 |
| 2026-04-01 | 11.41 |
| 2026-03-31 | 11.30 |
| 2026-03-30 | 11.52 |
| 2026-03-27 | 11.32 |
| 2026-03-26 | 11.45 |
| 2026-03-25 | 11.13 |
| 2026-03-24 | 11.14 |
| 2026-03-23 | 11.23 |
| 2026-03-20 | 11.21 |
| 2026-03-19 | 11.36 |
| 2026-03-18 | 11.41 |
| 2026-03-17 | 11.46 |
| 2026-03-16 | 11.52 |
| 2026-03-13 | 11.69 |
| 2026-03-12 | 11.52 |
| 2026-03-11 | 11.16 |
| 2026-03-10 | 11.09 |
| 2026-03-09 | 11.47 |
| 2026-03-06 | 11.32 |
| 2026-03-05 | 11.11 |
| 2026-03-04 | 11.29 |
| 2026-03-03 | 11.26 |
| 2026-03-02 | 11.27 |
| 2026-02-27 | 11.22 |
| 2026-02-26 | 11.79 |
| 2026-02-25 | 11.83 |
| 2026-02-24 | 11.79 |
| 2026-02-23 | 11.65 |
| 2026-02-20 | 11.47 |
| 2026-02-19 | 11.59 |
| 2026-02-18 | 11.55 |
| 2026-02-17 | 11.74 |
| 2026-02-13 | 11.78 |
| 2026-02-12 | 11.44 |
| 2026-02-11 | 11.10 |
| 2026-02-10 | 11.17 |
| 2026-02-09 | 10.93 |
| 2026-02-06 | 11.09 |
| 2026-02-05 | 11.17 |
| 2026-02-04 | 11.09 |
| 2026-02-03 | 11.23 |
| 2026-02-02 | 11.34 |
| 2026-01-30 | 11.50 |
| 2026-01-29 | 11.48 |
| 2026-01-28 | 11.30 |
| 2026-01-27 | 11.64 |
| 2026-01-26 | 11.66 |
| 2026-01-23 | 11.62 |
| 2026-01-22 | 11.74 |
| 2026-01-21 | 11.63 |
| 2026-01-20 | 11.66 |
| 2026-01-16 | 11.81 |
| 2026-01-15 | 11.86 |
| 2026-01-14 | 11.78 |
| 2026-01-13 | 11.62 |
| 2026-01-12 | 11.61 |
| 2026-01-09 | 11.36 |
| 2026-01-08 | 11.41 |
| 2026-01-07 | 11.27 |
| 2026-01-06 | 11.41 |
| 2026-01-05 | 11.20 |
| 2026-01-02 | 11.46 |
| 2025-12-31 | 11.37 |
| 2025-12-30 | 11.40 |
| 2025-12-29 | 11.48 |
| 2025-12-26 | 11.44 |
| 2025-12-24 | 11.44 |
| 2025-12-23 | 11.39 |
| 2025-12-22 | 11.44 |
| 2025-12-19 | 11.25 |
| 2025-12-18 | 11.46 |
| 2025-12-17 | 11.57 |
| 2025-12-16 | 11.36 |
| 2025-12-15 | 11.39 |
| 2025-12-12 | 11.25 |
| 2025-12-11 | 11.17 |
| 2025-12-10 | 11.02 |
| 2025-12-09 | 11.04 |
| 2025-12-08 | 11.11 |
| 2025-12-05 | 11.27 |
| 2025-12-04 | 11.24 |
| 2025-12-03 | 11.52 |
| 2025-12-02 | 11.52 |
| 2025-12-01 | 11.67 |
| 2025-11-28 | 11.74 |
| 2025-11-26 | 11.64 |
| 2025-11-25 | 11.72 |
| 2025-11-24 | 11.84 |
| 2025-11-21 | 11.89 |
| 2025-11-20 | 11.46 |
| 2025-11-19 | 11.35 |
| 2025-11-18 | 11.61 |
| 2025-11-17 | 11.84 |
| 2025-11-14 | 11.76 |
| 2025-11-13 | 11.84 |
| 2025-11-12 | 11.59 |
| 2025-11-11 | 11.70 |
| 2025-11-10 | 11.64 |
| 2025-11-07 | 11.76 |
| 2025-11-06 | 11.71 |
| 2025-11-05 | 12.16 |
| 2025-11-04 | 11.77 |
| 2025-11-03 | 11.67 |
| 2025-10-31 | 11.96 |
| 2025-10-30 | 11.89 |
| 2025-10-29 | 12.01 |
| 2025-10-28 | 12.43 |
| 2025-10-27 | 12.46 |
| 2025-10-24 | 12.63 |
| 2025-10-23 | 12.66 |
| 2025-10-22 | 12.78 |
| 2025-10-21 | 12.78 |
| 2025-10-20 | 12.85 |
| 2025-10-17 | 12.65 |
| 2025-10-16 | 12.67 |
| 2025-10-15 | 12.47 |
| 2025-10-14 | 12.25 |
| 2025-10-13 | 12.19 |
| 2025-10-10 | 12.48 |
| 2025-10-09 | 12.41 |
| 2025-10-08 | 12.58 |
| 2025-10-07 | 12.46 |
| 2025-10-06 | 12.28 |
| 2025-10-03 | 12.07 |
| 2025-10-02 | 11.82 |
| 2025-10-01 | 11.90 |
| 2025-09-30 | 12.23 |
| 2025-09-29 | 11.99 |
| 2025-09-26 | 11.84 |
| 2025-09-25 | 11.58 |
| 2025-09-24 | 11.59 |
| 2025-09-23 | 11.50 |
| 2025-09-22 | 11.35 |
| 2025-09-19 | 11.35 |
Showing the most recent 260 of 5,031 data points. The chart above shows the full history.