Question 1

What is Bank of New York Mellon's P/FCF ratio?

Accepted Answer

Bank of New York Mellon (BNY) P/FCF ratio is 67.0× as of June 3, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for Bank of New York Mellon?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For Bank of New York Mellon specifically, the relevant sector benchmark is the current sector median of 11.1×.

Question 5

Is Bank of New York Mellon's P/FCF ratio high or low?

Accepted Answer

Bank of New York Mellon's P/FCF ratio of 67.0× is above its own 5-year average of 32.1× and above the sector median of 11.1×. That places the current reading at the 93th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Bank of New York Mellon's historical P/FCF ratio range?

Accepted Answer

In the available daily series, Bank of New York Mellon (BNY) P/FCF ratio has ranged from a low of 2.4× in 2023 to a high of 275.2× in 2024. The 5-year average is 32.1× and the 5-year median is 12.2×.

Question 7

What was Bank of New York Mellon's P/FCF ratio in 2025?

Accepted Answer

Bank of New York Mellon (BNY) P/FCF ratio at the end of 2025 was 15.8×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does Bank of New York Mellon's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$81.81B	$5.18B	15.8×	—	Dec 31, 2025
2024	$55.82B	−$782.00M	—	—	Dec 31, 2024
2023	$40.18B	$4.69B	8.6×	+5.9×	Dec 31, 2023
2022	$36.94B	$13.72B	2.7×	-26.4×	Dec 31, 2022
2021	$47.27B	$1.62B	29.1×	+19.2×	Dec 31, 2021
2020	$37.77B	$3.82B	9.9×	—	Dec 31, 2020
2019	$45.87B	−$1.11B	—	—	Dec 31, 2019
2018	$48.24B	$4.89B	9.9×	-6.2×	Dec 31, 2018
2017	$55.20B	$3.44B	16.0×	+6.8×	Dec 31, 2017
2016	$49.79B	$5.42B	9.2×	-3.5×	Dec 31, 2016
2015	$44.88B	$3.53B	12.7×	+0.4×	Dec 31, 2015
2014	$45.47B	$3.69B	12.3×	—	Dec 31, 2014
2013	$39.93B	−$1.25B	—	—	Dec 31, 2013
2012	$29.90B	$977.00M	30.6×	+15.3×	Dec 31, 2012
2011	$23.99B	$1.57B	15.3×	+5.5×	Dec 31, 2011
2010	$37.22B	$3.82B	9.7×	+0.0×	Dec 31, 2010
2009	$33.58B	$3.46B	9.7×	-2.7×	Dec 31, 2009
2008	$32.43B	$2.61B	12.4×	-2.7×	Dec 31, 2008
2007	$55.31B	$3.66B	15.1×	+4.9×	Dec 31, 2007
2006	$31.33B	$3.06B	10.2×	—	Dec 31, 2006
2005	$25.79B	−$1.24B	—	—	Dec 31, 2005
2004	$27.31B	$3.08B	8.9×	+1.5×	Dec 31, 2004
2003	$27.06B	$3.68B	7.3×	+1.1×	Dec 31, 2003
2002	$18.34B	$2.95B	6.2×	—	Dec 31, 2002


Assurant (AIZ)	7.5×
Progressive (PGR)	7.1×
Cincinnati Financial (CINF)	7.1×
Alerus Financial (ALRS)	7.0×
Interactive Brokers (IBKR)	6.9×
Invesco (IVZ)	6.9×
American Financial Group (AFG)	6.8×
The Hartford (HIG)	6.5×
Commerce Bancshares (CBSH)	6.4×
Bank of America (BAC)	6.3×
Arch Capital Group (ACGL)	5.9×
JPMorgan Chase (JPM)	5.8×
Travelers Companies (TRV)	5.5×
Principal Financial Group (PFG)	5.5×
Everest Re Group (RE)	5.0×
Allstate (ALL)	4.7×
Everest Re Group (EG)	4.6×
Capital One Financial (COF)	3.9×
Prudential Financial (PRU)	3.5×
Mercury General (MCY)	3.4×
RenaissanceRe Holdings (RNR)	3.0×
MetLife (MET)	2.8×
Synchrony Financial (SYF)	2.4×
Atlantic Union Bankshares (AUB)	2.2×
StoneX Group (SNEX)	0.8×

P/FCF Ratio for Bank of New York Mellon (BNY)

P/FCF Ratio daily chart for Bank of New York Mellon (BNY)

Historical P/FCF Ratio for Bank of New York Mellon (BNY) from 2002 to 2025

About P/FCF Ratio at Bank of New York Mellon (BNY)

Bank of New York Mellon P/FCF Ratio by Year

Bank of New York Mellon P/FCF Ratio 2025: 15.8×

Bank of New York Mellon P/FCF Ratio 2023: 8.6×

Bank of New York Mellon P/FCF Ratio 2022: 2.7×

Bank of New York Mellon P/FCF Ratio 2021: 29.1×

Bank of New York Mellon P/FCF Ratio 2020: 9.9×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

Bank of New York Mellon (BNY) Key Financials

P/FCF Ratio daily chart for Bank of New York Mellon (BNY)

Historical P/FCF Ratio for Bank of New York Mellon (BNY) from 2002 to 2025

About P/FCF Ratio at Bank of New York Mellon (BNY)

Bank of New York Mellon P/FCF Ratio by Year

Bank of New York Mellon P/FCF Ratio 2025: 15.8×

Bank of New York Mellon P/FCF Ratio 2023: 8.6×

Bank of New York Mellon P/FCF Ratio 2022: 2.7×

Bank of New York Mellon P/FCF Ratio 2021: 29.1×

Bank of New York Mellon P/FCF Ratio 2020: 9.9×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

+What is Bank of New York Mellon's P/FCF ratio?

+How is the P/FCF ratio calculated?

+What is the P/FCF ratio?

+What is a good P/FCF ratio for Bank of New York Mellon?

+Is Bank of New York Mellon's P/FCF ratio high or low?

+What is Bank of New York Mellon's historical P/FCF ratio range?

+What was Bank of New York Mellon's P/FCF ratio in 2025?

+Why does Bank of New York Mellon's P/FCF ratio change over time?

Bank of New York Mellon (BNY) Key Financials