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 19.89 is 45% below its estimated 5-year average of 35.92, near the low end of its estimated 5-year range (19.89–192.93).
As of 2026-09-26T00:15:59.812Z. 44.04% below its estimated 12-month average of 35.54.
Calculation as of: 2026-09-26T00:15:59.812Z.
Quote observation: 2026-09-25T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 3783112c7b7a179d5620d0b34b78568668e5b4f0904b476cbdc90eca1aa4737d
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
19.89
PRICE/FCF RATIO AVG TTM
35.54
PRICE/FCF RATIO AVG 3Y
31.78
PRICE/FCF RATIO AVG 5Y
35.92
PRICE/FCF RATIO AVG 10Y
27.36
PRICE/FCF RATIO AVG 15Y
22.50
PRICE/FCF RATIO AVG 20Y
19.76
CURRENT VS TTM AVG
-44.04%
CURRENT VS 3Y AVG
-37.42%
CURRENT VS 5Y AVG
-44.63%
CURRENT VS 10Y AVG
-27.29%
CURRENT VS 15Y AVG
-11.59%
CURRENT VS 20Y AVG
+0.65%
SECTOR MEDIAN · INDUSTRIALS
26.54
median of 125 covered companies
CURRENT VS SECTOR MEDIAN
-25.06%
vs the sector median at left
Northrop Grumman Corporation
Market Cap
$72.53B
Price/FCF Ratio
19.89
TTM Avg
35.54
3Y Avg
31.78
5Y Avg
35.92
Market Cap
$73.15B
Price/FCF Ratio
28.72
TTM Avg
26.88
3Y Avg
27.19
5Y Avg
27.31
Market Cap
$70.30B
Price/FCF Ratio
79.44
TTM Avg
23.40
3Y Avg
200.06
5Y Avg
115.98
Market Cap
$76.40B
Price/FCF Ratio
41.64
TTM Avg
43.22
3Y Avg
47.23
5Y Avg
45.49
Market Cap
$67.37B
Price/FCF Ratio
16.35
TTM Avg
14.41
3Y Avg
13.97
5Y Avg
14.41
Market Cap
$78.92B
Price/FCF Ratio
27.02
TTM Avg
27.61
3Y Avg
26.81
5Y Avg
29.07
Market Cap
$65.26B
Price/FCF Ratio
19.17
TTM Avg
26.25
3Y Avg
29.66
5Y Avg
28.60
| NAME | MARKET CAP | PRICE/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Northrop Grumman Corporation (NOC) | $72.53B | 19.89 | 35.54 | 31.78 | 35.92 |
| Cummins Inc. (CMI)vs › | $72.45B | 21.52 | 33.02 | 595.55 | 367.75 |
| Canadian National Railway Company (CNI)vs › | $73.15B | 28.72 | 26.88 | 27.19 | 27.31 |
| Norfolk Southern Corporation (NSC)vs › | $70.30B | 79.44 | 23.40 | 200.06 | 115.98 |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $76.40B | 41.64 | 43.22 | 47.23 | 45.49 |
| FedEx Corporation (FDX)vs › | $67.63B | 13.22 | 15.49 | 16.07 | 16.50 |
| Honeywell International Inc. (HON)vs › | $67.37B | 16.35 | 14.41 | 13.97 | 14.41 |
| Illinois Tool Works Inc. (ITW)vs › | $78.92B | 27.02 | 27.61 | 26.81 | 29.07 |
| Republic Services, Inc. (RSG)vs › | $65.26B | 19.17 | 26.25 | 29.66 | 28.60 |
| United Parcel Service, Inc. (UPS)vs › | $79.80B | 14.55 | 19.44 | 20.74 | 19.71 |
P/FCF Ratio
19.9
FCF Yield
5.03%
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 | 20.27 |
| 2026-09-10 | 20.27 |
| 2026-09-09 | 20.14 |
| 2026-09-08 | 20.25 |
| 2026-09-04 | 20.11 |
| 2026-09-03 | 20.63 |
| 2026-09-02 | 20.46 |
| 2026-09-01 | 20.81 |
| 2026-08-31 | 21.08 |
| 2026-08-28 | 21.31 |
| 2026-08-27 | 21.29 |
| 2026-08-26 | 21.48 |
| 2026-08-25 | 21.19 |
| 2026-08-24 | 21.45 |
| 2026-08-21 | 21.52 |
| 2026-08-20 | 22.02 |
| 2026-08-19 | 22.76 |
| 2026-08-18 | 23.01 |
| 2026-08-17 | 22.27 |
| 2026-08-14 | 22.88 |
| 2026-08-13 | 22.45 |
| 2026-08-12 | 22.55 |
| 2026-08-11 | 22.48 |
| 2026-08-10 | 22.57 |
| 2026-08-07 | 22.32 |
| 2026-08-06 | 22.17 |
| 2026-08-05 | 21.77 |
| 2026-08-04 | 21.54 |
| 2026-08-03 | 21.42 |
| 2026-07-31 | 21.19 |
| 2026-07-30 | 20.89 |
| 2026-07-29 | 20.90 |
| 2026-07-28 | 21.45 |
| 2026-07-27 | 21.39 |
| 2026-07-24 | 21.18 |
| 2026-07-23 | 20.84 |
| 2026-07-22 | 20.52 |
| 2026-07-21 | 22.09 |
| 2026-07-20 | 22.59 |
| 2026-07-17 | 22.49 |
| 2026-07-16 | 22.36 |
| 2026-07-15 | 22.65 |
| 2026-07-14 | 22.79 |
| 2026-07-13 | 23.36 |
| 2026-07-10 | 23.27 |
| 2026-07-09 | 22.95 |
| 2026-07-08 | 23.50 |
| 2026-07-07 | 23.67 |
| 2026-07-06 | 23.62 |
| 2026-07-02 | 23.67 |
| 2026-07-01 | 22.42 |
| 2026-06-30 | 21.96 |
| 2026-06-29 | 21.39 |
| 2026-06-26 | 21.56 |
| 2026-06-25 | 21.53 |
| 2026-06-24 | 21.69 |
| 2026-06-23 | 22.13 |
| 2026-06-22 | 21.87 |
| 2026-06-18 | 22.49 |
| 2026-06-17 | 23.72 |
| 2026-06-16 | 23.77 |
| 2026-06-15 | 23.49 |
| 2026-06-12 | 23.73 |
| 2026-06-11 | 23.82 |
| 2026-06-10 | 23.38 |
| 2026-06-09 | 23.66 |
| 2026-06-08 | 23.32 |
| 2026-06-05 | 23.47 |
| 2026-06-04 | 23.51 |
| 2026-06-03 | 22.68 |
| 2026-06-02 | 23.14 |
| 2026-06-01 | 23.25 |
| 2026-05-29 | 24.30 |
| 2026-05-28 | 24.11 |
| 2026-05-27 | 23.77 |
| 2026-05-26 | 24.01 |
| 2026-05-22 | 23.95 |
| 2026-05-21 | 23.78 |
| 2026-05-20 | 23.81 |
| 2026-05-19 | 23.99 |
| 2026-05-18 | 23.71 |
| 2026-05-15 | 23.31 |
| 2026-05-14 | 23.66 |
| 2026-05-13 | 23.79 |
| 2026-05-12 | 24.07 |
| 2026-05-11 | 23.64 |
| 2026-05-08 | 23.69 |
| 2026-05-07 | 23.81 |
| 2026-05-06 | 24.09 |
| 2026-05-05 | 24.08 |
| 2026-05-04 | 24.45 |
| 2026-05-01 | 24.50 |
| 2026-04-30 | 24.99 |
| 2026-04-29 | 24.68 |
| 2026-04-28 | 24.91 |
| 2026-04-27 | 24.80 |
| 2026-04-24 | 24.80 |
| 2026-04-23 | 25.34 |
| 2026-04-22 | 25.42 |
| 2026-04-21 | 26.41 |
| 2026-04-20 | 28.39 |
| 2026-04-17 | 28.75 |
| 2026-04-16 | 29.07 |
| 2026-04-15 | 29.32 |
| 2026-04-14 | 29.39 |
| 2026-04-13 | 29.44 |
| 2026-04-10 | 29.11 |
| 2026-04-09 | 29.84 |
| 2026-04-08 | 29.71 |
| 2026-04-07 | 29.84 |
| 2026-04-06 | 30.07 |
| 2026-04-02 | 30.36 |
| 2026-04-01 | 30.12 |
| 2026-03-31 | 29.48 |
| 2026-03-30 | 29.02 |
| 2026-03-27 | 29.34 |
| 2026-03-26 | 29.90 |
| 2026-03-25 | 29.87 |
| 2026-03-24 | 29.48 |
| 2026-03-23 | 29.38 |
| 2026-03-20 | 30.55 |
| 2026-03-19 | 30.86 |
| 2026-03-18 | 31.32 |
| 2026-03-17 | 31.29 |
| 2026-03-16 | 31.80 |
| 2026-03-13 | 31.70 |
| 2026-03-12 | 31.81 |
| 2026-03-11 | 31.68 |
| 2026-03-10 | 31.76 |
| 2026-03-09 | 32.29 |
| 2026-03-06 | 32.67 |
| 2026-03-05 | 31.98 |
| 2026-03-04 | 32.57 |
| 2026-03-03 | 32.80 |
| 2026-03-02 | 33.19 |
| 2026-02-27 | 31.30 |
| 2026-02-26 | 30.72 |
| 2026-02-25 | 30.41 |
| 2026-02-24 | 31.45 |
| 2026-02-23 | 31.35 |
| 2026-02-20 | 31.27 |
| 2026-02-19 | 31.84 |
| 2026-02-18 | 31.32 |
| 2026-02-17 | 30.30 |
| 2026-02-13 | 30.36 |
| 2026-02-12 | 30.03 |
| 2026-02-11 | 29.33 |
| 2026-02-10 | 29.60 |
| 2026-02-09 | 30.16 |
| 2026-02-06 | 30.64 |
| 2026-02-05 | 30.10 |
| 2026-02-04 | 29.81 |
| 2026-02-03 | 30.46 |
| 2026-02-02 | 29.60 |
| 2026-01-30 | 29.91 |
| 2026-01-29 | 30.05 |
| 2026-01-28 | 29.78 |
| 2026-01-27 | 53.11 |
| 2026-01-26 | 51.72 |
| 2026-01-23 | 52.65 |
| 2026-01-22 | 52.46 |
| 2026-01-21 | 51.97 |
| 2026-01-20 | 51.43 |
| 2026-01-16 | 52.18 |
| 2026-01-15 | 51.22 |
| 2026-01-14 | 51.10 |
| 2026-01-13 | 48.94 |
| 2026-01-12 | 49.24 |
| 2026-01-09 | 48.42 |
| 2026-01-08 | 46.23 |
| 2026-01-07 | 45.15 |
| 2026-01-06 | 47.78 |
| 2026-01-05 | 47.83 |
| 2026-01-02 | 45.82 |
| 2025-12-31 | 44.62 |
| 2025-12-30 | 44.96 |
| 2025-12-29 | 45.21 |
| 2025-12-26 | 45.18 |
| 2025-12-24 | 45.57 |
| 2025-12-23 | 45.39 |
| 2025-12-22 | 45.75 |
| 2025-12-19 | 44.48 |
| 2025-12-18 | 43.78 |
| 2025-12-17 | 44.14 |
| 2025-12-16 | 44.50 |
| 2025-12-15 | 45.05 |
| 2025-12-12 | 44.58 |
| 2025-12-11 | 43.82 |
| 2025-12-10 | 43.45 |
| 2025-12-09 | 43.08 |
| 2025-12-08 | 43.31 |
| 2025-12-05 | 42.95 |
| 2025-12-04 | 43.27 |
| 2025-12-03 | 43.29 |
| 2025-12-02 | 42.80 |
| 2025-12-01 | 42.68 |
| 2025-11-28 | 44.78 |
| 2025-11-26 | 44.37 |
| 2025-11-25 | 44.55 |
| 2025-11-24 | 44.25 |
| 2025-11-21 | 44.34 |
| 2025-11-20 | 44.39 |
| 2025-11-19 | 44.21 |
| 2025-11-18 | 44.35 |
| 2025-11-17 | 44.05 |
| 2025-11-14 | 43.66 |
| 2025-11-13 | 43.66 |
| 2025-11-12 | 43.70 |
| 2025-11-11 | 44.34 |
| 2025-11-10 | 44.05 |
| 2025-11-07 | 44.49 |
| 2025-11-06 | 44.75 |
| 2025-11-05 | 44.64 |
| 2025-11-04 | 45.16 |
| 2025-11-03 | 45.02 |
| 2025-10-31 | 45.65 |
| 2025-10-30 | 45.27 |
| 2025-10-29 | 45.77 |
| 2025-10-28 | 46.56 |
| 2025-10-27 | 46.63 |
| 2025-10-24 | 47.38 |
| 2025-10-23 | 47.40 |
| 2025-10-22 | 46.67 |
| 2025-10-21 | 65.98 |
| 2025-10-20 | 66.28 |
| 2025-10-17 | 65.45 |
| 2025-10-16 | 65.94 |
| 2025-10-15 | 67.04 |
| 2025-10-14 | 69.02 |
| 2025-10-13 | 68.13 |
| 2025-10-10 | 68.64 |
| 2025-10-09 | 69.91 |
| 2025-10-08 | 70.23 |
| 2025-10-07 | 68.44 |
| 2025-10-06 | 68.09 |
| 2025-10-03 | 67.11 |
| 2025-10-02 | 66.61 |
| 2025-10-01 | 66.65 |
| 2025-09-30 | 67.08 |
| 2025-09-29 | 65.39 |
| 2025-09-26 | 65.45 |
| 2025-09-25 | 64.49 |
| 2025-09-24 | 64.54 |
| 2025-09-23 | 63.53 |
| 2025-09-22 | 63.43 |
| 2025-09-19 | 63.09 |
| 2025-09-18 | 63.17 |
| 2025-09-17 | 63.53 |
| 2025-09-16 | 63.78 |
| 2025-09-15 | 63.25 |
| 2025-09-12 | 63.41 |
| 2025-09-11 | 64.18 |
| 2025-09-10 | 63.84 |
| 2025-09-09 | 62.93 |
| 2025-09-08 | 64.06 |
| 2025-09-05 | 63.94 |
| 2025-09-04 | 63.83 |
| 2025-09-03 | 63.96 |
| 2025-09-02 | 64.88 |
| 2025-08-29 | 64.96 |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.