Basis: FMP quote market capitalization / four-quarter operating cash flow less absolute capital expenditures. 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 23.79 is 20% below its estimated 5-year average of 29.92, near the low end of its estimated 5-year range (17.20–1433.12).
As of 2026-09-24T21:55:26.313Z. 28.19% below its estimated 12-month average of 33.13.
Calculation as of: 2026-09-24T21:55:26.313Z.
Quote observation: 2026-09-24T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: ffb514adbd9d2522f5c59ae14d33358f14e8a99d4da997b6c2ab6b965439aa72
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 2026-09-11.
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/FCF RATIO
23.79
PRICE/FCF RATIO AVG TTM
33.13
PRICE/FCF RATIO AVG 3Y
47.40
PRICE/FCF RATIO AVG 5Y
29.92
PRICE/FCF RATIO AVG 10Y
N/A
PRICE/FCF RATIO AVG 15Y
N/A
PRICE/FCF RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-28.19%
CURRENT VS 3Y AVG
-49.81%
CURRENT VS 5Y AVG
-20.49%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
26.26
median of 125 covered companies
CURRENT VS SECTOR MEDIAN
-9.41%
vs the sector median at left
Carrier Global Corporation
Market Cap
$45.23B
Price/FCF Ratio
23.79
TTM Avg
33.13
3Y Avg
47.40
5Y Avg
29.92
Market Cap
$44.33B
Price/FCF Ratio
15.79
TTM Avg
24.98
3Y Avg
24.90
5Y Avg
23.44
Market Cap
$44.19B
Price/FCF Ratio
42.89
TTM Avg
40.39
3Y Avg
45.31
5Y Avg
44.27
Market Cap
$43.79B
Price/FCF Ratio
19.76
TTM Avg
19.07
3Y Avg
36.64
5Y Avg
39.12
Market Cap
$48.17B
Price/FCF Ratio
32.03
TTM Avg
34.62
3Y Avg
33.71
5Y Avg
37.16
Market Cap
$48.99B
Price/FCF Ratio
29.06
TTM Avg
26.37
3Y Avg
24.68
5Y Avg
23.45
| NAME | MARKET CAP | PRICE/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Carrier Global Corporation (CARR) | $45.23B | 23.79 | 33.13 | 47.40 | 29.92 |
| L3Harris Technologies, Inc. (LHX)vs › | $44.33B | 15.79 | 24.98 | 24.90 | 23.44 |
| HEICO Corporation (HEI-A)vs › | $44.19B | 42.89 | 40.39 | 45.31 | 44.27 |
| Thomson Reuters Corporation (TRI)vs › | $43.79B | 19.76 | 19.07 | 36.64 | 39.12 |
| Ferguson plc (FERG)vs › | $42.70B | N/A | 27.94 | 24.66 | 24.97 |
| HEICO Corporation (HEI)vs › | $42.68B | 41.42 | 53.09 | 57.92 | 55.69 |
| Rocket Lab USA, Inc. (RKLB)vs › | $42.61B | N/A | N/A | N/A | N/A |
| Rockwell Automation, Inc. (ROK)vs › | $48.17B | 32.03 | 34.62 | 33.71 | 37.16 |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $48.99B | 29.06 | 26.37 | 24.68 | 23.45 |
| Honeywell Aerospace Inc (HONA)vs › | $50.22B | N/A | N/A | N/A | N/A |
P/FCF Ratio
23.8
FCF Yield
4.20%
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 |
|---|---|
| 2026-09-11 | 25.38 |
| 2026-09-10 | 25.02 |
| 2026-09-09 | 25.59 |
| 2026-09-08 | 26.11 |
| 2026-09-04 | 26.37 |
| 2026-09-03 | 26.09 |
| 2026-09-02 | 25.43 |
| 2026-09-01 | 25.29 |
| 2026-08-31 | 25.71 |
| 2026-08-28 | 25.97 |
| 2026-08-27 | 25.99 |
| 2026-08-26 | 25.94 |
| 2026-08-25 | 25.85 |
| 2026-08-24 | 26.49 |
| 2026-08-21 | 26.66 |
| 2026-08-20 | 26.57 |
| 2026-08-19 | 27.03 |
| 2026-08-18 | 27.13 |
| 2026-08-17 | 27.63 |
| 2026-08-14 | 27.73 |
| 2026-08-13 | 27.98 |
| 2026-08-12 | 27.86 |
| 2026-08-11 | 28.10 |
| 2026-08-10 | 28.02 |
| 2026-08-07 | 28.27 |
| 2026-08-06 | 28.25 |
| 2026-08-05 | 28.90 |
| 2026-08-04 | 29.01 |
| 2026-08-03 | 27.90 |
| 2026-07-31 | 27.30 |
| 2026-07-30 | 27.11 |
| 2026-07-29 | 26.46 |
| 2026-07-28 | 32.09 |
| 2026-07-27 | 35.22 |
| 2026-07-24 | 34.99 |
| 2026-07-23 | 35.13 |
| 2026-07-22 | 34.60 |
| 2026-07-21 | 33.88 |
| 2026-07-20 | 34.03 |
| 2026-07-17 | 34.90 |
| 2026-07-16 | 35.23 |
| 2026-07-15 | 34.92 |
| 2026-07-14 | 35.44 |
| 2026-07-13 | 34.86 |
| 2026-07-10 | 35.23 |
| 2026-07-09 | 34.45 |
| 2026-07-08 | 33.91 |
| 2026-07-07 | 34.89 |
| 2026-07-06 | 35.61 |
| 2026-07-02 | 35.60 |
| 2026-07-01 | 36.61 |
| 2026-06-30 | 37.26 |
| 2026-06-29 | 37.30 |
| 2026-06-26 | 37.38 |
| 2026-06-25 | 38.61 |
| 2026-06-24 | 37.62 |
| 2026-06-23 | 35.94 |
| 2026-06-22 | 36.50 |
| 2026-06-18 | 36.48 |
| 2026-06-17 | 35.30 |
| 2026-06-16 | 36.15 |
| 2026-06-15 | 36.14 |
| 2026-06-12 | 35.52 |
| 2026-06-11 | 35.43 |
| 2026-06-10 | 34.53 |
| 2026-06-09 | 36.19 |
| 2026-06-08 | 34.21 |
| 2026-06-05 | 34.12 |
| 2026-06-04 | 34.82 |
| 2026-06-03 | 34.33 |
| 2026-06-02 | 33.74 |
| 2026-06-01 | 33.08 |
| 2026-05-29 | 32.45 |
| 2026-05-28 | 32.42 |
| 2026-05-27 | 32.77 |
| 2026-05-26 | 32.97 |
| 2026-05-22 | 32.08 |
| 2026-05-21 | 31.59 |
| 2026-05-20 | 32.30 |
| 2026-05-19 | 31.21 |
| 2026-05-18 | 32.77 |
| 2026-05-15 | 32.85 |
| 2026-05-14 | 33.90 |
| 2026-05-13 | 33.31 |
| 2026-05-12 | 33.31 |
| 2026-05-11 | 33.47 |
| 2026-05-08 | 33.95 |
| 2026-05-07 | 34.15 |
| 2026-05-06 | 34.49 |
| 2026-05-05 | 32.60 |
| 2026-05-04 | 33.47 |
| 2026-05-01 | 34.35 |
| 2026-04-30 | 27.16 |
| 2026-04-29 | 24.96 |
| 2026-04-28 | 25.07 |
| 2026-04-27 | 25.03 |
| 2026-04-24 | 24.65 |
| 2026-04-23 | 24.88 |
| 2026-04-22 | 24.52 |
| 2026-04-21 | 24.95 |
| 2026-04-20 | 24.93 |
| 2026-04-17 | 24.79 |
| 2026-04-16 | 24.14 |
| 2026-04-15 | 23.67 |
| 2026-04-14 | 26.14 |
| 2026-04-13 | 26.01 |
| 2026-04-10 | 25.61 |
| 2026-04-09 | 24.85 |
| 2026-04-08 | 23.57 |
| 2026-04-07 | 22.42 |
| 2026-04-06 | 22.48 |
| 2026-04-02 | 22.53 |
| 2026-04-01 | 23.01 |
| 2026-03-31 | 22.77 |
| 2026-03-30 | 21.98 |
| 2026-03-27 | 21.94 |
| 2026-03-26 | 22.11 |
| 2026-03-25 | 23.96 |
| 2026-03-24 | 23.69 |
| 2026-03-23 | 23.57 |
| 2026-03-20 | 23.48 |
| 2026-03-19 | 23.84 |
| 2026-03-18 | 23.29 |
| 2026-03-17 | 23.04 |
| 2026-03-16 | 22.58 |
| 2026-03-13 | 22.50 |
| 2026-03-12 | 22.84 |
| 2026-03-11 | 23.73 |
| 2026-03-10 | 23.63 |
| 2026-03-09 | 23.74 |
| 2026-03-06 | 23.59 |
| 2026-03-05 | 24.42 |
| 2026-03-04 | 24.70 |
| 2026-03-03 | 24.73 |
| 2026-03-02 | 25.81 |
| 2026-02-27 | 26.04 |
| 2026-02-26 | 25.38 |
| 2026-02-25 | 24.87 |
| 2026-02-24 | 25.69 |
| 2026-02-23 | 25.66 |
| 2026-02-20 | 25.93 |
| 2026-02-19 | 25.44 |
| 2026-02-18 | 26.01 |
| 2026-02-17 | 26.86 |
| 2026-02-13 | 26.44 |
| 2026-02-12 | 26.24 |
| 2026-02-11 | 27.14 |
| 2026-02-10 | 26.61 |
| 2026-02-09 | 26.41 |
| 2026-02-06 | 25.85 |
| 2026-02-05 | 48.07 |
| 2026-02-04 | 48.42 |
| 2026-02-03 | 46.62 |
| 2026-02-02 | 45.99 |
| 2026-01-30 | 45.39 |
| 2026-01-29 | 45.55 |
| 2026-01-28 | 44.12 |
| 2026-01-27 | 43.48 |
| 2026-01-26 | 43.71 |
| 2026-01-23 | 43.65 |
| 2026-01-22 | 43.76 |
| 2026-01-21 | 43.99 |
| 2026-01-20 | 42.06 |
| 2026-01-16 | 42.81 |
| 2026-01-15 | 42.32 |
| 2026-01-14 | 42.36 |
| 2026-01-13 | 42.06 |
| 2026-01-12 | 42.19 |
| 2026-01-09 | 42.85 |
| 2026-01-08 | 41.03 |
| 2026-01-07 | 40.05 |
| 2026-01-06 | 40.76 |
| 2026-01-05 | 40.98 |
| 2026-01-02 | 40.77 |
| 2025-12-31 | 40.26 |
| 2025-12-30 | 40.71 |
| 2025-12-29 | 40.84 |
| 2025-12-26 | 40.83 |
| 2025-12-24 | 40.76 |
| 2025-12-23 | 40.64 |
| 2025-12-22 | 40.53 |
| 2025-12-19 | 40.96 |
| 2025-12-18 | 40.53 |
| 2025-12-17 | 39.92 |
| 2025-12-16 | 40.71 |
| 2025-12-15 | 40.06 |
| 2025-12-12 | 40.33 |
| 2025-12-11 | 41.25 |
| 2025-12-10 | 40.68 |
| 2025-12-09 | 40.26 |
| 2025-12-08 | 40.40 |
| 2025-12-05 | 41.36 |
| 2025-12-04 | 41.52 |
| 2025-12-03 | 41.61 |
| 2025-12-02 | 41.00 |
| 2025-12-01 | 41.33 |
| 2025-11-28 | 41.81 |
| 2025-11-26 | 41.41 |
| 2025-11-25 | 41.10 |
| 2025-11-24 | 39.43 |
| 2025-11-21 | 39.93 |
| 2025-11-20 | 38.37 |
| 2025-11-19 | 39.04 |
| 2025-11-18 | 39.62 |
| 2025-11-17 | 40.48 |
| 2025-11-14 | 41.22 |
| 2025-11-13 | 42.02 |
| 2025-11-12 | 42.66 |
| 2025-11-11 | 43.40 |
| 2025-11-10 | 43.68 |
| 2025-11-07 | 43.81 |
| 2025-11-06 | 43.10 |
| 2025-11-05 | 43.31 |
| 2025-11-04 | 43.84 |
| 2025-11-03 | 44.08 |
| 2025-10-31 | 45.32 |
| 2025-10-30 | 44.83 |
| 2025-10-29 | 46.28 |
| 2025-10-28 | 93.89 |
| 2025-10-27 | 93.17 |
| 2025-10-24 | 92.45 |
| 2025-10-23 | 91.30 |
| 2025-10-22 | 90.69 |
| 2025-10-21 | 95.61 |
| 2025-10-20 | 92.18 |
| 2025-10-17 | 89.83 |
| 2025-10-16 | 90.71 |
| 2025-10-15 | 91.44 |
| 2025-10-14 | 91.90 |
| 2025-10-13 | 90.90 |
| 2025-10-10 | 90.56 |
| 2025-10-09 | 92.86 |
| 2025-10-08 | 95.58 |
| 2025-10-07 | 94.59 |
| 2025-10-06 | 95.60 |
| 2025-10-03 | 95.34 |
| 2025-10-02 | 94.14 |
| 2025-10-01 | 95.04 |
| 2025-09-30 | 95.42 |
| 2025-09-29 | 94.51 |
| 2025-09-26 | 94.05 |
| 2025-09-25 | 93.90 |
| 2025-09-24 | 94.29 |
| 2025-09-23 | 95.48 |
| 2025-09-22 | 96.40 |
| 2025-09-19 | 96.52 |
| 2025-09-18 | 97.66 |
| 2025-09-17 | 97.05 |
| 2025-09-16 | 97.39 |
| 2025-09-15 | 97.88 |
| 2025-09-12 | 98.57 |
| 2025-09-11 | 99.58 |
| 2025-09-10 | 99.90 |
| 2025-09-09 | 101.45 |
| 2025-09-08 | 104.87 |
| 2025-09-05 | 104.71 |
| 2025-09-04 | 101.56 |
| 2025-09-03 | 99.85 |
| 2025-09-02 | 101.49 |
| 2025-08-29 | 104.21 |
Showing the most recent 260 of 1,618 data points. The chart above shows the full history.
