Question 1

What is Oracle's P/FCF ratio?

Accepted Answer

Oracle (ORCL) P/FCF ratio is 102.9× as of June 17, 2025. 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 Oracle?

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 Oracle specifically, the relevant sector benchmark is the current sector median of 21.6×.

Question 5

Is Oracle's P/FCF ratio high or low?

Accepted Answer

Oracle's P/FCF ratio of 102.9× is above its own 5-year average of 34.8× and above the sector median of 21.6×. That places the current reading at the 100th 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 Oracle's historical P/FCF ratio range?

Accepted Answer

In the available daily series, Oracle (ORCL) P/FCF ratio has ranged from a low of 9.7× in 2009 to a high of 106.4× in 2025. The 5-year average is 34.8× and the 5-year median is 33.1×.

Question 7

What was Oracle's P/FCF ratio in 2024?

Accepted Answer

Oracle (ORCL) P/FCF ratio at the end of 2024 was 27.3×. 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 Oracle'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	$464.31B	−$394.00M	—	—	May 31, 2025
2024	$322.62B	$11.81B	27.3×	-6.5×	May 31, 2024
2023	$286.78B	$8.47B	33.9×	-4.3×	May 31, 2023
2022	$191.81B	$5.03B	38.1×	+21.7×	May 31, 2022
2021	$226.54B	$13.75B	16.5×	+2.1×	May 31, 2021
2020	$166.61B	$11.57B	14.4×	+1.1×	May 31, 2020
2019	$171.48B	$12.89B	13.3×	-0.5×	May 31, 2019
2018	$189.03B	$13.65B	13.8×	-1.6×	May 31, 2018
2017	$187.55B	$12.11B	15.5×	+1.7×	May 31, 2017
2016	$170.37B	$12.37B	13.8×	-1.2×	May 31, 2016
2015	$194.43B	$12.95B	15.0×	+1.7×	May 31, 2015
2014	$191.03B	$14.34B	13.3×	+1.6×	May 31, 2014
2013	$159.53B	$13.57B	11.8×	+1.9×	May 31, 2013
2012	$128.83B	$13.10B	9.8×	-6.3×	May 31, 2012
2011	$173.22B	$10.76B	16.1×	+2.9×	May 31, 2011
2010	$111.44B	$8.45B	13.2×	+0.3×	May 31, 2010
2009	$99.50B	$7.73B	12.9×	-3.5×	May 31, 2009
2008	$117.58B	$7.16B	16.4×	-2.6×	May 31, 2008
2007	$99.03B	$5.20B	19.0×	+1.8×	May 31, 2007
2006	$74.19B	$4.30B	17.2×	-2.3×	May 31, 2006
2005	$65.56B	$3.36B	19.5×	+0.3×	May 31, 2005
2004	$57.66B	$3.01B	19.2×	-5.8×	May 31, 2004
2003	$68.20B	$2.73B	25.0×	+10.3×	May 31, 2003
2002	$43.33B	$2.96B	14.6×	—	May 31, 2002


Intuit (INTU)	13.9×
Okta (OKTA)	13.8×
EPAM Systems (EPAM)	13.4×
Zebra Technologies (ZBRA)	12.2×
Skyworks Solutions (SWKS)	11.9×
Cognizant (CTSH)	11.8×
NetApp (NTAP)	11.5×
Duolingo (DUOL)	11.1×
Block (XYZ)	11.0×
QUALCOMM (QCOM)	10.8×
Workday (WDAY)	10.5×
Salesforce (CRM)	10.5×
Qorvo (QRVO)	10.4×
Adobe (ADBE)	10.4×
Accenture (ACN)	10.3×
Fidelity National Information Services (FIS)	8.7×
DocuSign (DOCU)	8.0×
Gen Digital (GEN)	7.5×
Fiserv (FISV)	7.2×
Hewlett Packard Enterprise (HPE)	6.8×
GoDaddy (GDDY)	6.7×
Science Applications International (SAIC)	6.7×
Strategy (MSTR)	5.5×
HP (HPQ)	5.1×
Lyft (LYFT)	4.5×

P/FCF Ratio for Oracle (ORCL)

P/FCF Ratio daily chart for Oracle (ORCL)

Historical P/FCF Ratio for Oracle (ORCL) from 2002 to 2025

About P/FCF Ratio at Oracle (ORCL)

Oracle P/FCF Ratio by Year

Oracle P/FCF Ratio 2024: 27.3×

Oracle P/FCF Ratio 2023: 33.9×

Oracle P/FCF Ratio 2022: 38.1×

Oracle P/FCF Ratio 2021: 16.5×

Oracle P/FCF Ratio 2020: 14.4×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

Oracle (ORCL) Key Financials

P/FCF Ratio daily chart for Oracle (ORCL)

Historical P/FCF Ratio for Oracle (ORCL) from 2002 to 2025

About P/FCF Ratio at Oracle (ORCL)

Oracle P/FCF Ratio by Year

Oracle P/FCF Ratio 2024: 27.3×

Oracle P/FCF Ratio 2023: 33.9×

Oracle P/FCF Ratio 2022: 38.1×

Oracle P/FCF Ratio 2021: 16.5×

Oracle P/FCF Ratio 2020: 14.4×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

+What is Oracle'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 Oracle?

+Is Oracle's P/FCF ratio high or low?

+What is Oracle's historical P/FCF ratio range?

+What was Oracle's P/FCF ratio in 2024?

+Why does Oracle's P/FCF ratio change over time?

Oracle (ORCL) Key Financials