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 28.21 is 62% below its estimated 5-year average of 74.81, near the low end of its estimated 5-year range (23.47–1319.09).
As of 2026-09-09T20:00:02.000Z. 16.20% below its estimated 12-month average of 33.66.
Quote observation: 2026-09-09T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 0b2f61d5f676fae964d7344ea172aa0d9973486e674bd0bd74c440b8133f42ca
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 2026-09-09.
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
28.21
PRICE/FCF RATIO AVG TTM
33.66
PRICE/FCF RATIO AVG 3Y
47.52
PRICE/FCF RATIO AVG 5Y
74.81
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
-16.20%
CURRENT VS 3Y AVG
-40.63%
CURRENT VS 5Y AVG
-62.29%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · COMMUNICATION SERVICES
17.29
median of 29 covered companies
CURRENT VS SECTOR MEDIAN
+63.16%
vs the sector median at left
Spotify Technology S.A.
Market Cap
$107.52B
Price/FCF Ratio
28.21
TTM Avg
33.66
3Y Avg
47.52
5Y Avg
74.81
Market Cap
$69.97B
Price/FCF Ratio
32.10
TTM Avg
21.33
3Y Avg
10.32
5Y Avg
10.42
Market Cap
$39.56B
Price/FCF Ratio
28.77
TTM Avg
48.08
3Y Avg
37.19
5Y Avg
29.99
Market Cap
$180.91B
Price/FCF Ratio
21.81
TTM Avg
22.46
3Y Avg
26.69
5Y Avg
164.95
| NAME | MARKET CAP | PRICE/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Spotify Technology S.A. (SPOT) | $107.52B | 28.21 | 33.66 | 47.52 | 74.81 |
| Comcast Corporation (CMCSA)vs › | $87.26B | 4.27 | 5.03 | 9.78 | 11.16 |
| DoorDash, Inc. (DASH)vs › | $85.94B | 37.61 | 47.45 | 44.26 | 113.30 |
| Warner Bros. Discovery, Inc. (WBD)vs › | $69.97B | 32.10 | 21.33 | 10.32 | 10.42 |
| AT&T Inc. (T)vs › | $172.37B | 9.76 | 9.60 | 8.34 | 8.14 |
| Live Nation Entertainment, Inc. (LYV)vs › | $39.56B | 28.77 | 48.08 | 37.19 | 29.99 |
| The Walt Disney Company (DIS)vs › | $180.91B | 21.81 | 22.46 | 26.69 | 164.95 |
| Reddit, Inc. (RDDT)vs › | $28.20B | 27.68 | 61.43 | 144.76 | 144.76 |
| Fox Corporation (FOXA)vs › | $28.00B | 8.25 | 10.52 | 11.97 | 11.80 |
| EchoStar Corporation (SATS)vs › | $25.07B | N/A | 7.77 | 29.03 | 28.90 |
P/FCF Ratio
28.2
FCF Yield
3.54%
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 |
|---|---|
| 2026-09-09 | 28.66 |
| 2026-09-08 | 28.97 |
| 2026-09-04 | 29.73 |
| 2026-09-03 | 30.70 |
| 2026-09-02 | 30.65 |
| 2026-09-01 | 29.82 |
| 2026-08-31 | 29.79 |
| 2026-08-28 | 30.01 |
| 2026-08-27 | 28.89 |
| 2026-08-26 | 30.14 |
| 2026-08-25 | 30.28 |
| 2026-08-24 | 29.48 |
| 2026-08-21 | 29.25 |
| 2026-08-20 | 29.22 |
| 2026-08-19 | 29.23 |
| 2026-08-18 | 28.29 |
| 2026-08-17 | 26.99 |
| 2026-08-14 | 28.10 |
| 2026-08-13 | 27.31 |
| 2026-08-12 | 26.83 |
| 2026-08-11 | 27.46 |
| 2026-08-10 | 28.05 |
| 2026-08-07 | 26.75 |
| 2026-08-06 | 26.04 |
| 2026-08-05 | 26.43 |
| 2026-08-04 | 26.86 |
| 2026-08-03 | 27.32 |
| 2026-07-31 | 28.09 |
| 2026-07-30 | 29.36 |
| 2026-07-29 | 29.44 |
| 2026-07-28 | 28.74 |
| 2026-07-27 | 27.79 |
| 2026-07-24 | 27.12 |
| 2026-07-23 | 26.35 |
| 2026-07-22 | 26.64 |
| 2026-07-21 | 27.71 |
| 2026-07-20 | 27.66 |
| 2026-07-17 | 26.86 |
| 2026-07-16 | 26.75 |
| 2026-07-15 | 27.27 |
| 2026-07-14 | 27.03 |
| 2026-07-13 | 26.96 |
| 2026-07-10 | 26.95 |
| 2026-07-09 | 27.30 |
| 2026-07-08 | 27.26 |
| 2026-07-07 | 27.75 |
| 2026-07-06 | 27.14 |
| 2026-07-02 | 27.30 |
| 2026-07-01 | 26.54 |
| 2026-06-30 | 25.79 |
| 2026-06-29 | 25.97 |
| 2026-06-26 | 25.84 |
| 2026-06-25 | 24.79 |
| 2026-06-24 | 25.56 |
| 2026-06-23 | 25.59 |
| 2026-06-22 | 25.81 |
| 2026-06-18 | 26.30 |
| 2026-06-17 | 25.60 |
| 2026-06-16 | 26.39 |
| 2026-06-15 | 26.96 |
| 2026-06-12 | 27.08 |
| 2026-06-11 | 27.30 |
| 2026-06-10 | 28.26 |
| 2026-06-09 | 27.88 |
| 2026-06-08 | 28.27 |
| 2026-06-05 | 27.92 |
| 2026-06-04 | 27.73 |
| 2026-06-03 | 27.39 |
| 2026-06-02 | 28.17 |
| 2026-06-01 | 28.53 |
| 2026-05-29 | 27.96 |
| 2026-05-28 | 29.03 |
| 2026-05-27 | 28.81 |
| 2026-05-26 | 29.76 |
| 2026-05-22 | 29.21 |
| 2026-05-21 | 27.52 |
| 2026-05-20 | 24.34 |
| 2026-05-19 | 24.81 |
| 2026-05-18 | 25.00 |
| 2026-05-15 | 24.55 |
| 2026-05-14 | 24.30 |
| 2026-05-13 | 24.21 |
| 2026-05-12 | 24.31 |
| 2026-05-11 | 23.57 |
| 2026-05-08 | 23.47 |
| 2026-05-07 | 24.01 |
| 2026-05-06 | 23.89 |
| 2026-05-05 | 23.57 |
| 2026-05-04 | 24.62 |
| 2026-05-01 | 24.80 |
| 2026-04-30 | 25.09 |
| 2026-04-29 | 24.92 |
| 2026-04-28 | 27.74 |
| 2026-04-27 | 31.68 |
| 2026-04-24 | 33.09 |
| 2026-04-23 | 32.96 |
| 2026-04-22 | 33.40 |
| 2026-04-21 | 33.38 |
| 2026-04-20 | 34.29 |
| 2026-04-17 | 34.28 |
| 2026-04-16 | 33.95 |
| 2026-04-15 | 33.93 |
| 2026-04-14 | 32.67 |
| 2026-04-13 | 32.20 |
| 2026-04-10 | 30.41 |
| 2026-04-09 | 31.09 |
| 2026-04-08 | 30.87 |
| 2026-04-07 | 30.87 |
| 2026-04-06 | 30.95 |
| 2026-04-02 | 31.24 |
| 2026-04-01 | 30.03 |
| 2026-03-31 | 30.98 |
| 2026-03-30 | 30.35 |
| 2026-03-27 | 30.18 |
| 2026-03-26 | 30.55 |
| 2026-03-25 | 30.23 |
| 2026-03-24 | 30.97 |
| 2026-03-23 | 31.46 |
| 2026-03-20 | 30.32 |
| 2026-03-19 | 30.83 |
| 2026-03-18 | 33.01 |
| 2026-03-17 | 33.55 |
| 2026-03-16 | 33.48 |
| 2026-03-13 | 32.97 |
| 2026-03-12 | 32.56 |
| 2026-03-11 | 32.86 |
| 2026-03-10 | 33.88 |
| 2026-03-09 | 34.81 |
| 2026-03-06 | 36.11 |
| 2026-03-05 | 35.27 |
| 2026-03-04 | 34.12 |
| 2026-03-03 | 33.22 |
| 2026-03-02 | 32.41 |
| 2026-02-27 | 32.90 |
| 2026-02-26 | 31.66 |
| 2026-02-25 | 29.60 |
| 2026-02-24 | 29.75 |
| 2026-02-23 | 29.89 |
| 2026-02-20 | 31.34 |
| 2026-02-19 | 31.00 |
| 2026-02-18 | 30.51 |
| 2026-02-17 | 29.57 |
| 2026-02-13 | 29.28 |
| 2026-02-12 | 28.48 |
| 2026-02-11 | 31.12 |
| 2026-02-10 | 31.27 |
| 2026-02-09 | 27.25 |
| 2026-02-06 | 27.76 |
| 2026-02-05 | 27.11 |
| 2026-02-04 | 28.94 |
| 2026-02-03 | 31.14 |
| 2026-02-02 | 33.41 |
| 2026-01-30 | 32.87 |
| 2026-01-29 | 33.10 |
| 2026-01-28 | 33.42 |
| 2026-01-27 | 33.61 |
| 2026-01-26 | 33.67 |
| 2026-01-23 | 33.71 |
| 2026-01-22 | 32.75 |
| 2026-01-21 | 32.99 |
| 2026-01-20 | 33.59 |
| 2026-01-16 | 33.14 |
| 2026-01-15 | 33.37 |
| 2026-01-14 | 34.74 |
| 2026-01-13 | 35.12 |
| 2026-01-12 | 34.81 |
| 2026-01-09 | 35.43 |
| 2026-01-08 | 36.37 |
| 2026-01-07 | 37.42 |
| 2026-01-06 | 37.54 |
| 2026-01-05 | 38.98 |
| 2026-01-02 | 37.77 |
| 2025-12-31 | 38.15 |
| 2025-12-30 | 37.88 |
| 2025-12-29 | 38.18 |
| 2025-12-26 | 38.38 |
| 2025-12-24 | 38.53 |
| 2025-12-23 | 38.06 |
| 2025-12-22 | 38.02 |
| 2025-12-19 | 38.24 |
| 2025-12-18 | 37.04 |
| 2025-12-17 | 37.19 |
| 2025-12-16 | 38.04 |
| 2025-12-15 | 37.91 |
| 2025-12-12 | 39.27 |
| 2025-12-11 | 39.34 |
| 2025-12-10 | 40.03 |
| 2025-12-09 | 38.73 |
| 2025-12-08 | 37.60 |
| 2025-12-05 | 37.11 |
| 2025-12-04 | 36.85 |
| 2025-12-03 | 36.60 |
| 2025-12-02 | 37.89 |
| 2025-12-01 | 38.03 |
| 2025-11-28 | 39.34 |
| 2025-11-26 | 38.93 |
| 2025-11-25 | 38.46 |
| 2025-11-24 | 38.43 |
| 2025-11-21 | 38.34 |
| 2025-11-20 | 38.70 |
| 2025-11-19 | 40.63 |
| 2025-11-18 | 41.81 |
| 2025-11-17 | 42.08 |
| 2025-11-14 | 41.76 |
| 2025-11-13 | 42.39 |
| 2025-11-12 | 42.56 |
| 2025-11-11 | 42.01 |
| 2025-11-10 | 40.92 |
| 2025-11-07 | 40.52 |
| 2025-11-06 | 40.61 |
| 2025-11-05 | 40.73 |
| 2025-11-04 | 41.71 |
| 2025-11-03 | 42.67 |
| 2025-10-31 | 43.42 |
| 2025-10-30 | 43.51 |
| 2025-10-29 | 44.10 |
| 2025-10-28 | 43.29 |
| 2025-10-27 | 43.58 |
| 2025-10-24 | 42.79 |
| 2025-10-23 | 44.65 |
| 2025-10-22 | 44.76 |
| 2025-10-21 | 45.66 |
| 2025-10-20 | 44.76 |
| 2025-10-17 | 44.49 |
| 2025-10-16 | 44.02 |
| 2025-10-15 | 44.48 |
| 2025-10-14 | 45.29 |
| 2025-10-13 | 45.85 |
| 2025-10-10 | 45.40 |
| 2025-10-09 | 44.63 |
| 2025-10-08 | 44.70 |
| 2025-10-07 | 45.08 |
| 2025-10-06 | 45.07 |
| 2025-10-03 | 45.09 |
| 2025-10-02 | 46.86 |
| 2025-10-01 | 46.42 |
| 2025-09-30 | 46.25 |
| 2025-09-29 | 48.26 |
| 2025-09-26 | 47.47 |
| 2025-09-25 | 47.21 |
| 2025-09-24 | 46.95 |
| 2025-09-23 | 47.63 |
| 2025-09-22 | 48.93 |
| 2025-09-19 | 48.69 |
| 2025-09-18 | 48.64 |
| 2025-09-17 | 46.85 |
| 2025-09-16 | 46.65 |
| 2025-09-15 | 46.58 |
| 2025-09-12 | 46.14 |
| 2025-09-11 | 45.74 |
| 2025-09-10 | 46.65 |
| 2025-09-09 | 47.65 |
| 2025-09-08 | 47.59 |
| 2025-09-05 | 46.85 |
| 2025-09-04 | 46.63 |
| 2025-09-03 | 46.20 |
| 2025-09-02 | 45.69 |
| 2025-08-29 | 45.18 |
| 2025-08-28 | 45.57 |
| 2025-08-27 | 45.91 |
Showing the most recent 260 of 2,121 data points. The chart above shows the full history.
