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 36.96 is in line with its estimated 5-year average of 35.49, around the middle of its estimated 5-year range (18.98–53.15).
As of 2026-09-11T13:45:39.245Z. 8.02% above its estimated 12-month average of 34.22.
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.
PRICE/FCF RATIO
36.96
PRICE/FCF RATIO AVG TTM
34.22
PRICE/FCF RATIO AVG 3Y
33.74
PRICE/FCF RATIO AVG 5Y
35.49
PRICE/FCF RATIO AVG 10Y
30.41
PRICE/FCF RATIO AVG 15Y
29.43
PRICE/FCF RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+8.02%
CURRENT VS 3Y AVG
+9.55%
CURRENT VS 5Y AVG
+4.13%
CURRENT VS 10Y AVG
+21.53%
CURRENT VS 15Y AVG
+25.57%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
29.36
median of 156 covered companies
CURRENT VS SECTOR MEDIAN
+25.86%
vs the sector median at left
Market Cap
$110.21B
Price/FCF Ratio
291.08
TTM Avg
290.72
3Y Avg
268.41
5Y Avg
290.92
Market Cap
$106.30B
Price/FCF Ratio
21.35
TTM Avg
20.71
3Y Avg
26.30
5Y Avg
29.86
Market Cap
$105.14B
Price/FCF Ratio
23.37
TTM Avg
48.42
3Y Avg
40.75
5Y Avg
41.49
Market Cap
$87.10B
Price/FCF Ratio
N/A
TTM Avg
30.25
3Y Avg
21.84
5Y Avg
32.74
| NAME | MARKET CAP | PRICE/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Fortinet, Inc. (FTNT) | $115.19B | 36.96 | 34.22 | 33.74 | 35.49 |
| Snowflake Inc. (SNOW)vs › | $112.10B | 93.78 | 83.42 | 76.25 | 429.21 |
| Cloudflare, Inc. (NET)vs › | $110.21B | 291.08 | 290.72 | 268.41 | 290.92 |
| Accenture plc (ACN)vs › | $109.51B | 8.70 | 11.38 | 19.02 | 21.14 |
| Automatic Data Processing, Inc. (ADP)vs › | $106.30B | 21.35 | 20.71 | 26.30 | 29.86 |
| AppLovin Corporation (APP)vs › | $105.14B | 23.37 | 48.42 | 40.75 | 41.49 |
| Adobe Inc. (ADBE)vs › | $96.89B | N/A | 11.89 | 24.20 | 26.44 |
| ServiceNow, Inc. (NOW)vs › | $135.48B | 29.58 | 32.39 | 48.46 | 51.06 |
| ASE Technology Holding Co., Ltd. (ASX)vs › | $87.10B | N/A | 30.25 | 21.84 | 32.74 |
| Intuit Inc. (INTU)vs › | $86.21B | 10.00 | 20.09 | 30.27 | 32.91 |
P/FCF Ratio
37.0
FCF Yield
2.71%
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 |
|---|---|
| 2026-09-10 | 37.78 |
| 2026-09-09 | 37.39 |
| 2026-09-08 | 37.45 |
| 2026-09-04 | 37.17 |
| 2026-09-03 | 37.19 |
| 2026-09-02 | 36.75 |
| 2026-09-01 | 38.49 |
| 2026-08-31 | 40.65 |
| 2026-08-28 | 39.48 |
| 2026-08-27 | 41.09 |
| 2026-08-26 | 37.47 |
| 2026-08-25 | 36.54 |
| 2026-08-24 | 36.15 |
| 2026-08-21 | 36.51 |
| 2026-08-20 | 35.86 |
| 2026-08-19 | 36.35 |
| 2026-08-18 | 37.58 |
| 2026-08-17 | 37.07 |
| 2026-08-14 | 38.05 |
| 2026-08-13 | 39.35 |
| 2026-08-12 | 38.25 |
| 2026-08-11 | 38.50 |
| 2026-08-10 | 39.05 |
| 2026-08-07 | 37.97 |
| 2026-08-06 | 38.08 |
| 2026-08-05 | 39.03 |
| 2026-08-04 | 40.02 |
| 2026-08-03 | 38.82 |
| 2026-07-31 | 38.52 |
| 2026-07-30 | 47.04 |
| 2026-07-29 | 46.73 |
| 2026-07-28 | 45.74 |
| 2026-07-27 | 46.47 |
| 2026-07-24 | 46.47 |
| 2026-07-23 | 46.22 |
| 2026-07-22 | 47.29 |
| 2026-07-21 | 48.22 |
| 2026-07-20 | 48.91 |
| 2026-07-17 | 49.29 |
| 2026-07-16 | 49.04 |
| 2026-07-15 | 50.17 |
| 2026-07-14 | 50.88 |
| 2026-07-13 | 48.99 |
| 2026-07-10 | 48.04 |
| 2026-07-09 | 49.94 |
| 2026-07-08 | 47.79 |
| 2026-07-07 | 48.39 |
| 2026-07-06 | 49.51 |
| 2026-07-02 | 47.65 |
| 2026-07-01 | 48.49 |
| 2026-06-30 | 46.85 |
| 2026-06-29 | 47.40 |
| 2026-06-26 | 46.16 |
| 2026-06-25 | 45.73 |
| 2026-06-24 | 44.31 |
| 2026-06-23 | 45.14 |
| 2026-06-22 | 44.34 |
| 2026-06-18 | 44.14 |
| 2026-06-17 | 43.96 |
| 2026-06-16 | 44.84 |
| 2026-06-15 | 45.59 |
| 2026-06-12 | 44.62 |
| 2026-06-11 | 44.24 |
| 2026-06-10 | 42.36 |
| 2026-06-09 | 42.21 |
| 2026-06-08 | 43.63 |
| 2026-06-05 | 44.13 |
| 2026-06-04 | 45.65 |
| 2026-06-03 | 44.67 |
| 2026-06-02 | 45.40 |
| 2026-06-01 | 44.88 |
| 2026-05-29 | 42.08 |
| 2026-05-28 | 39.56 |
| 2026-05-27 | 39.02 |
| 2026-05-26 | 40.86 |
| 2026-05-22 | 40.85 |
| 2026-05-21 | 39.48 |
| 2026-05-20 | 39.65 |
| 2026-05-19 | 38.93 |
| 2026-05-18 | 38.58 |
| 2026-05-15 | 37.45 |
| 2026-05-14 | 37.17 |
| 2026-05-13 | 35.89 |
| 2026-05-12 | 34.73 |
| 2026-05-11 | 35.21 |
| 2026-05-08 | 34.79 |
| 2026-05-07 | 36.28 |
| 2026-05-06 | 30.23 |
| 2026-05-05 | 30.22 |
| 2026-05-04 | 29.99 |
| 2026-05-01 | 29.00 |
| 2026-04-30 | 28.33 |
| 2026-04-29 | 28.94 |
| 2026-04-28 | 28.81 |
| 2026-04-27 | 28.79 |
| 2026-04-24 | 28.34 |
| 2026-04-23 | 27.81 |
| 2026-04-22 | 29.27 |
| 2026-04-21 | 28.65 |
| 2026-04-20 | 27.76 |
| 2026-04-17 | 27.50 |
| 2026-04-16 | 27.69 |
| 2026-04-15 | 26.76 |
| 2026-04-14 | 26.45 |
| 2026-04-13 | 26.46 |
| 2026-04-10 | 25.78 |
| 2026-04-09 | 27.11 |
| 2026-04-08 | 28.06 |
| 2026-04-07 | 28.13 |
| 2026-04-06 | 27.65 |
| 2026-04-02 | 27.73 |
| 2026-04-01 | 27.27 |
| 2026-03-31 | 27.46 |
| 2026-03-30 | 26.57 |
| 2026-03-27 | 26.28 |
| 2026-03-26 | 27.23 |
| 2026-03-25 | 26.51 |
| 2026-03-24 | 26.66 |
| 2026-03-23 | 27.82 |
| 2026-03-20 | 27.36 |
| 2026-03-19 | 27.93 |
| 2026-03-18 | 28.02 |
| 2026-03-17 | 27.95 |
| 2026-03-16 | 28.39 |
| 2026-03-13 | 28.04 |
| 2026-03-12 | 28.36 |
| 2026-03-11 | 28.05 |
| 2026-03-10 | 28.30 |
| 2026-03-09 | 28.17 |
| 2026-03-06 | 28.12 |
| 2026-03-05 | 28.37 |
| 2026-03-04 | 27.82 |
| 2026-03-03 | 27.25 |
| 2026-03-02 | 26.61 |
| 2026-02-27 | 26.56 |
| 2026-02-26 | 26.62 |
| 2026-02-25 | 25.99 |
| 2026-02-24 | 28.57 |
| 2026-02-23 | 28.71 |
| 2026-02-20 | 30.38 |
| 2026-02-19 | 31.01 |
| 2026-02-18 | 30.64 |
| 2026-02-17 | 31.02 |
| 2026-02-13 | 32.49 |
| 2026-02-12 | 31.99 |
| 2026-02-11 | 33.35 |
| 2026-02-10 | 32.48 |
| 2026-02-09 | 32.63 |
| 2026-02-06 | 31.42 |
| 2026-02-05 | 29.97 |
| 2026-02-04 | 30.80 |
| 2026-02-03 | 30.11 |
| 2026-02-02 | 30.87 |
| 2026-01-30 | 30.86 |
| 2026-01-29 | 30.95 |
| 2026-01-28 | 31.17 |
| 2026-01-27 | 31.03 |
| 2026-01-26 | 31.54 |
| 2026-01-23 | 31.00 |
| 2026-01-22 | 29.47 |
| 2026-01-21 | 28.76 |
| 2026-01-20 | 28.65 |
| 2026-01-16 | 28.62 |
| 2026-01-15 | 28.98 |
| 2026-01-14 | 29.01 |
| 2026-01-13 | 29.74 |
| 2026-01-12 | 29.87 |
| 2026-01-09 | 30.08 |
| 2026-01-08 | 29.64 |
| 2026-01-07 | 30.38 |
| 2026-01-06 | 29.78 |
| 2026-01-05 | 29.59 |
| 2026-01-02 | 29.57 |
| 2025-12-31 | 30.15 |
| 2025-12-30 | 30.49 |
| 2025-12-29 | 30.69 |
| 2025-12-26 | 30.97 |
| 2025-12-24 | 30.82 |
| 2025-12-23 | 30.63 |
| 2025-12-22 | 31.04 |
| 2025-12-19 | 30.47 |
| 2025-12-18 | 30.28 |
| 2025-12-17 | 30.14 |
| 2025-12-16 | 31.31 |
| 2025-12-15 | 30.95 |
| 2025-12-12 | 31.22 |
| 2025-12-11 | 31.31 |
| 2025-12-10 | 30.98 |
| 2025-12-09 | 31.71 |
| 2025-12-08 | 31.72 |
| 2025-12-05 | 33.00 |
| 2025-12-04 | 32.34 |
| 2025-12-03 | 31.42 |
| 2025-12-02 | 31.49 |
| 2025-12-01 | 31.07 |
| 2025-11-28 | 30.81 |
| 2025-11-26 | 30.59 |
| 2025-11-25 | 30.71 |
| 2025-11-24 | 30.29 |
| 2025-11-21 | 29.94 |
| 2025-11-20 | 29.63 |
| 2025-11-19 | 30.27 |
| 2025-11-18 | 30.43 |
| 2025-11-17 | 31.11 |
| 2025-11-14 | 31.25 |
| 2025-11-13 | 30.77 |
| 2025-11-12 | 31.19 |
| 2025-11-11 | 31.77 |
| 2025-11-10 | 31.24 |
| 2025-11-07 | 31.06 |
| 2025-11-06 | 30.70 |
| 2025-11-05 | 32.78 |
| 2025-11-04 | 32.48 |
| 2025-11-03 | 33.36 |
| 2025-10-31 | 32.94 |
| 2025-10-30 | 32.09 |
| 2025-10-29 | 32.10 |
| 2025-10-28 | 32.73 |
| 2025-10-27 | 32.51 |
| 2025-10-24 | 32.61 |
| 2025-10-23 | 32.37 |
| 2025-10-22 | 32.27 |
| 2025-10-21 | 32.32 |
| 2025-10-20 | 32.35 |
| 2025-10-17 | 31.80 |
| 2025-10-16 | 31.69 |
| 2025-10-15 | 31.86 |
| 2025-10-14 | 31.67 |
| 2025-10-13 | 32.09 |
| 2025-10-10 | 31.65 |
| 2025-10-09 | 32.85 |
| 2025-10-08 | 32.96 |
| 2025-10-07 | 32.37 |
| 2025-10-06 | 32.93 |
| 2025-10-03 | 32.70 |
| 2025-10-02 | 32.89 |
| 2025-10-01 | 32.47 |
| 2025-09-30 | 32.05 |
| 2025-09-29 | 32.27 |
| 2025-09-26 | 32.14 |
| 2025-09-25 | 31.72 |
| 2025-09-24 | 31.87 |
| 2025-09-23 | 32.50 |
| 2025-09-22 | 32.40 |
| 2025-09-19 | 32.10 |
| 2025-09-18 | 30.87 |
| 2025-09-17 | 30.60 |
| 2025-09-16 | 30.41 |
| 2025-09-15 | 30.87 |
| 2025-09-12 | 30.37 |
| 2025-09-11 | 30.83 |
| 2025-09-10 | 30.30 |
| 2025-09-09 | 30.43 |
| 2025-09-08 | 30.63 |
| 2025-09-05 | 30.05 |
| 2025-09-04 | 29.14 |
| 2025-09-03 | 29.19 |
| 2025-09-02 | 29.32 |
| 2025-08-29 | 30.02 |
| 2025-08-28 | 30.22 |
Showing the most recent 260 of 4,227 data points. The chart above shows the full history.
