Basis: Four-quarter free cash flow / FMP quote market capitalization × 100. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the free cash flow yield high or low?
The free cash flow yield of 2.71% is in line with its estimated 5-year average of 2.91%, near the low end of its estimated 5-year range (1.88%–5.27%).
As of 2026-09-11T13:45:39.245Z. 9.98% below its estimated 12-month average of 3.01%.
Calculation as of: 2026-09-11T13:45:39.245Z.
Quote observation: 2026-09-11T13:45:11.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: c1888bd86d90bb7910e586314f1bd2a05757097c700734aae42124fa901b3d1e
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 2026-09-10.
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.
FREE CASH FLOW YIELD
2.71%
FREE CASH FLOW YIELD AVG TTM
3.01%
FREE CASH FLOW YIELD AVG 3Y
3.13%
FREE CASH FLOW YIELD AVG 5Y
2.91%
FREE CASH FLOW YIELD AVG 10Y
3.54%
FREE CASH FLOW YIELD AVG 15Y
3.62%
FREE CASH FLOW YIELD AVG 20Y
N/A
CURRENT VS TTM AVG
-9.98%
CURRENT VS 3Y AVG
-13.32%
CURRENT VS 5Y AVG
-6.84%
CURRENT VS 10Y AVG
-23.45%
CURRENT VS 15Y AVG
-25.07%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
3.41%
median of 156 covered companies
CURRENT VS SECTOR MEDIAN
-20.41%
vs the sector median at left
Fortinet, Inc.
Market Cap
$115.19B
Free Cash Flow Yield
2.71%
TTM Avg
3.01%
3Y Avg
3.13%
5Y Avg
2.91%
Market Cap
$112.10B
Free Cash Flow Yield
1.07%
TTM Avg
1.31%
3Y Avg
1.42%
5Y Avg
1.11%
Market Cap
$110.21B
Free Cash Flow Yield
0.34%
TTM Avg
0.36%
3Y Avg
0.40%
5Y Avg
0.38%
Market Cap
$109.51B
Free Cash Flow Yield
11.49%
TTM Avg
9.51%
3Y Avg
6.16%
5Y Avg
5.39%
Market Cap
$106.30B
Free Cash Flow Yield
4.68%
TTM Avg
4.91%
3Y Avg
3.94%
5Y Avg
3.53%
Market Cap
$105.14B
Free Cash Flow Yield
4.28%
TTM Avg
2.35%
3Y Avg
3.12%
5Y Avg
3.52%
Market Cap
$135.48B
Free Cash Flow Yield
3.38%
TTM Avg
3.41%
3Y Avg
2.33%
5Y Avg
2.18%
Market Cap
$87.10B
Free Cash Flow Yield
N/A
TTM Avg
4.27%
3Y Avg
5.99%
5Y Avg
4.66%
| NAME | MARKET CAP | FREE CASH FLOW YIELD | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Fortinet, Inc. (FTNT) | $115.19B | 2.71% | 3.01% | 3.13% | 2.91% |
| Snowflake Inc. (SNOW)vs › | $112.10B | 1.07% | 1.31% | 1.42% | 1.11% |
| Cloudflare, Inc. (NET)vs › | $110.21B | 0.34% | 0.36% | 0.40% | 0.38% |
| Accenture plc (ACN)vs › | $109.51B | 11.49% | 9.51% | 6.16% | 5.39% |
| Automatic Data Processing, Inc. (ADP)vs › | $106.30B | 4.68% | 4.91% | 3.94% | 3.53% |
| AppLovin Corporation (APP)vs › | $105.14B | 4.28% | 2.35% | 3.12% | 3.52% |
| Adobe Inc. (ADBE)vs › | $96.89B | N/A | 8.87% | 5.37% | 4.66% |
| ServiceNow, Inc. (NOW)vs › | $135.48B | 3.38% | 3.41% | 2.33% | 2.18% |
| ASE Technology Holding Co., Ltd. (ASX)vs › | $87.10B | N/A | 4.27% | 5.99% | 4.66% |
| Intuit Inc. (INTU)vs › | $86.21B | 10.00% | 5.91% | 3.88% | 3.47% |
FCF Yield
2.71%
Earnings Yield
1.81%
Dividend Yield
N/A
Formula: FCF Yield = (Free Cash Flow / Market Cap) × 100
How FCF Yield is used:
FCF vs earnings: Differences between FCF yield and earnings yield can reflect capital expenditures, working capital changes, and other non-cash accounting items.
FCF Yield measures free cash flow relative to market capitalization. It compares cash generation after capital expenditures with the equity value of the company.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | FREE CASH FLOW YIELD |
|---|---|
| 2026-09-10 | 2.65% |
| 2026-09-09 | 2.67% |
| 2026-09-08 | 2.67% |
| 2026-09-04 | 2.69% |
| 2026-09-03 | 2.69% |
| 2026-09-02 | 2.72% |
| 2026-09-01 | 2.60% |
| 2026-08-31 | 2.46% |
| 2026-08-28 | 2.53% |
| 2026-08-27 | 2.43% |
| 2026-08-26 | 2.67% |
| 2026-08-25 | 2.74% |
| 2026-08-24 | 2.77% |
| 2026-08-21 | 2.74% |
| 2026-08-20 | 2.79% |
| 2026-08-19 | 2.75% |
| 2026-08-18 | 2.66% |
| 2026-08-17 | 2.70% |
| 2026-08-14 | 2.63% |
| 2026-08-13 | 2.54% |
| 2026-08-12 | 2.61% |
| 2026-08-11 | 2.60% |
| 2026-08-10 | 2.56% |
| 2026-08-07 | 2.63% |
| 2026-08-06 | 2.63% |
| 2026-08-05 | 2.56% |
| 2026-08-04 | 2.50% |
| 2026-08-03 | 2.58% |
| 2026-07-31 | 2.60% |
| 2026-07-30 | 2.13% |
| 2026-07-29 | 2.14% |
| 2026-07-28 | 2.19% |
| 2026-07-27 | 2.15% |
| 2026-07-24 | 2.15% |
| 2026-07-23 | 2.16% |
| 2026-07-22 | 2.11% |
| 2026-07-21 | 2.07% |
| 2026-07-20 | 2.04% |
| 2026-07-17 | 2.03% |
| 2026-07-16 | 2.04% |
| 2026-07-15 | 1.99% |
| 2026-07-14 | 1.97% |
| 2026-07-13 | 2.04% |
| 2026-07-10 | 2.08% |
| 2026-07-09 | 2.00% |
| 2026-07-08 | 2.09% |
| 2026-07-07 | 2.07% |
| 2026-07-06 | 2.02% |
| 2026-07-02 | 2.10% |
| 2026-07-01 | 2.06% |
| 2026-06-30 | 2.13% |
| 2026-06-29 | 2.11% |
| 2026-06-26 | 2.17% |
| 2026-06-25 | 2.19% |
| 2026-06-24 | 2.26% |
| 2026-06-23 | 2.22% |
| 2026-06-22 | 2.26% |
| 2026-06-18 | 2.27% |
| 2026-06-17 | 2.27% |
| 2026-06-16 | 2.23% |
| 2026-06-15 | 2.19% |
| 2026-06-12 | 2.24% |
| 2026-06-11 | 2.26% |
| 2026-06-10 | 2.36% |
| 2026-06-09 | 2.37% |
| 2026-06-08 | 2.29% |
| 2026-06-05 | 2.27% |
| 2026-06-04 | 2.19% |
| 2026-06-03 | 2.24% |
| 2026-06-02 | 2.20% |
| 2026-06-01 | 2.23% |
| 2026-05-29 | 2.38% |
| 2026-05-28 | 2.53% |
| 2026-05-27 | 2.56% |
| 2026-05-26 | 2.45% |
| 2026-05-22 | 2.45% |
| 2026-05-21 | 2.53% |
| 2026-05-20 | 2.52% |
| 2026-05-19 | 2.57% |
| 2026-05-18 | 2.59% |
| 2026-05-15 | 2.67% |
| 2026-05-14 | 2.69% |
| 2026-05-13 | 2.79% |
| 2026-05-12 | 2.88% |
| 2026-05-11 | 2.84% |
| 2026-05-08 | 2.87% |
| 2026-05-07 | 2.76% |
| 2026-05-06 | 3.31% |
| 2026-05-05 | 3.31% |
| 2026-05-04 | 3.33% |
| 2026-05-01 | 3.45% |
| 2026-04-30 | 3.53% |
| 2026-04-29 | 3.46% |
| 2026-04-28 | 3.47% |
| 2026-04-27 | 3.47% |
| 2026-04-24 | 3.53% |
| 2026-04-23 | 3.60% |
| 2026-04-22 | 3.42% |
| 2026-04-21 | 3.49% |
| 2026-04-20 | 3.60% |
| 2026-04-17 | 3.64% |
| 2026-04-16 | 3.61% |
| 2026-04-15 | 3.74% |
| 2026-04-14 | 3.78% |
| 2026-04-13 | 3.78% |
| 2026-04-10 | 3.88% |
| 2026-04-09 | 3.69% |
| 2026-04-08 | 3.56% |
| 2026-04-07 | 3.55% |
| 2026-04-06 | 3.62% |
| 2026-04-02 | 3.61% |
| 2026-04-01 | 3.67% |
| 2026-03-31 | 3.64% |
| 2026-03-30 | 3.76% |
| 2026-03-27 | 3.81% |
| 2026-03-26 | 3.67% |
| 2026-03-25 | 3.77% |
| 2026-03-24 | 3.75% |
| 2026-03-23 | 3.59% |
| 2026-03-20 | 3.65% |
| 2026-03-19 | 3.58% |
| 2026-03-18 | 3.57% |
| 2026-03-17 | 3.58% |
| 2026-03-16 | 3.52% |
| 2026-03-13 | 3.57% |
| 2026-03-12 | 3.53% |
| 2026-03-11 | 3.57% |
| 2026-03-10 | 3.53% |
| 2026-03-09 | 3.55% |
| 2026-03-06 | 3.56% |
| 2026-03-05 | 3.52% |
| 2026-03-04 | 3.59% |
| 2026-03-03 | 3.67% |
| 2026-03-02 | 3.76% |
| 2026-02-27 | 3.77% |
| 2026-02-26 | 3.76% |
| 2026-02-25 | 3.85% |
| 2026-02-24 | 3.50% |
| 2026-02-23 | 3.48% |
| 2026-02-20 | 3.29% |
| 2026-02-19 | 3.22% |
| 2026-02-18 | 3.26% |
| 2026-02-17 | 3.22% |
| 2026-02-13 | 3.08% |
| 2026-02-12 | 3.13% |
| 2026-02-11 | 3.00% |
| 2026-02-10 | 3.08% |
| 2026-02-09 | 3.06% |
| 2026-02-06 | 3.18% |
| 2026-02-05 | 3.34% |
| 2026-02-04 | 3.25% |
| 2026-02-03 | 3.32% |
| 2026-02-02 | 3.24% |
| 2026-01-30 | 3.24% |
| 2026-01-29 | 3.23% |
| 2026-01-28 | 3.21% |
| 2026-01-27 | 3.22% |
| 2026-01-26 | 3.17% |
| 2026-01-23 | 3.23% |
| 2026-01-22 | 3.39% |
| 2026-01-21 | 3.48% |
| 2026-01-20 | 3.49% |
| 2026-01-16 | 3.49% |
| 2026-01-15 | 3.45% |
| 2026-01-14 | 3.45% |
| 2026-01-13 | 3.36% |
| 2026-01-12 | 3.35% |
| 2026-01-09 | 3.32% |
| 2026-01-08 | 3.37% |
| 2026-01-07 | 3.29% |
| 2026-01-06 | 3.36% |
| 2026-01-05 | 3.38% |
| 2026-01-02 | 3.38% |
| 2025-12-31 | 3.32% |
| 2025-12-30 | 3.28% |
| 2025-12-29 | 3.26% |
| 2025-12-26 | 3.23% |
| 2025-12-24 | 3.24% |
| 2025-12-23 | 3.26% |
| 2025-12-22 | 3.22% |
| 2025-12-19 | 3.28% |
| 2025-12-18 | 3.30% |
| 2025-12-17 | 3.32% |
| 2025-12-16 | 3.19% |
| 2025-12-15 | 3.23% |
| 2025-12-12 | 3.20% |
| 2025-12-11 | 3.19% |
| 2025-12-10 | 3.23% |
| 2025-12-09 | 3.15% |
| 2025-12-08 | 3.15% |
| 2025-12-05 | 3.03% |
| 2025-12-04 | 3.09% |
| 2025-12-03 | 3.18% |
| 2025-12-02 | 3.18% |
| 2025-12-01 | 3.22% |
| 2025-11-28 | 3.25% |
| 2025-11-26 | 3.27% |
| 2025-11-25 | 3.26% |
| 2025-11-24 | 3.30% |
| 2025-11-21 | 3.34% |
| 2025-11-20 | 3.37% |
| 2025-11-19 | 3.30% |
| 2025-11-18 | 3.29% |
| 2025-11-17 | 3.21% |
| 2025-11-14 | 3.20% |
| 2025-11-13 | 3.25% |
| 2025-11-12 | 3.21% |
| 2025-11-11 | 3.15% |
| 2025-11-10 | 3.20% |
| 2025-11-07 | 3.22% |
| 2025-11-06 | 3.26% |
| 2025-11-05 | 3.05% |
| 2025-11-04 | 3.08% |
| 2025-11-03 | 3.00% |
| 2025-10-31 | 3.04% |
| 2025-10-30 | 3.12% |
| 2025-10-29 | 3.12% |
| 2025-10-28 | 3.06% |
| 2025-10-27 | 3.08% |
| 2025-10-24 | 3.07% |
| 2025-10-23 | 3.09% |
| 2025-10-22 | 3.10% |
| 2025-10-21 | 3.09% |
| 2025-10-20 | 3.09% |
| 2025-10-17 | 3.14% |
| 2025-10-16 | 3.16% |
| 2025-10-15 | 3.14% |
| 2025-10-14 | 3.16% |
| 2025-10-13 | 3.12% |
| 2025-10-10 | 3.16% |
| 2025-10-09 | 3.04% |
| 2025-10-08 | 3.03% |
| 2025-10-07 | 3.09% |
| 2025-10-06 | 3.04% |
| 2025-10-03 | 3.06% |
| 2025-10-02 | 3.04% |
| 2025-10-01 | 3.08% |
| 2025-09-30 | 3.12% |
| 2025-09-29 | 3.10% |
| 2025-09-26 | 3.11% |
| 2025-09-25 | 3.15% |
| 2025-09-24 | 3.14% |
| 2025-09-23 | 3.08% |
| 2025-09-22 | 3.09% |
| 2025-09-19 | 3.12% |
| 2025-09-18 | 3.24% |
| 2025-09-17 | 3.27% |
| 2025-09-16 | 3.29% |
| 2025-09-15 | 3.24% |
| 2025-09-12 | 3.29% |
| 2025-09-11 | 3.24% |
| 2025-09-10 | 3.30% |
| 2025-09-09 | 3.29% |
| 2025-09-08 | 3.26% |
| 2025-09-05 | 3.33% |
| 2025-09-04 | 3.43% |
| 2025-09-03 | 3.43% |
| 2025-09-02 | 3.41% |
| 2025-08-29 | 3.33% |
| 2025-08-28 | 3.31% |
Showing the most recent 260 of 4,227 data points. The chart above shows the full history.