Question 1

What is PTC's P/FCF ratio?

Accepted Answer

PTC (PTC) P/FCF ratio is 17.5× as of June 5, 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 PTC?

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

Question 5

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

Accepted Answer

PTC's P/FCF ratio of 17.5× is below its own 5-year average of 30.8× and below the sector median of 21.6×. That places the current reading at the 0th 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 PTC's historical P/FCF ratio range?

Accepted Answer

In the available daily series, PTC (PTC) P/FCF ratio has ranged from a low of 7.8× in 2009 to a high of 707.2× in 2004. The 5-year average is 30.8× and the 5-year median is 29.7×.

Question 7

What was PTC's P/FCF ratio in 2025?

Accepted Answer

PTC (PTC) P/FCF ratio at the end of 2025 was 28.4×. 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 PTC'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	$24.30B	$856.69M	28.4×	-1.2×	Sep 30, 2025
2024	$21.62B	$731.62M	29.6×	+0.8×	Sep 30, 2024
2023	$16.83B	$586.25M	28.7×	-1.2×	Sep 30, 2023
2022	$12.28B	$410.38M	29.9×	-10.9×	Sep 30, 2022
2021	$14.04B	$343.55M	40.9×	-6.5×	Sep 30, 2021
2020	$9.60B	$202.56M	47.4×	+11.9×	Sep 30, 2020
2019	$7.84B	$220.73M	35.5×	-23.5×	Sep 30, 2019
2018	$12.32B	$208.77M	59.0×	-1.5×	Sep 30, 2018
2017	$6.61B	$109.15M	60.5×	+28.3×	Sep 30, 2017
2016	$5.06B	$156.98M	32.2×	+7.8×	Sep 30, 2016
2015	$3.65B	$149.60M	24.4×	+8.9×	Sep 30, 2015
2014	$4.34B	$279.28M	15.5×	-2.0×	Sep 30, 2014
2013	$3.42B	$195.35M	17.5×	+3.8×	Sep 30, 2013
2012	$2.55B	$186.56M	13.7×	-21.8×	Sep 30, 2012
2011	$1.81B	$50.88M	35.5×	+18.1×	Sep 30, 2011
2010	$2.26B	$129.91M	17.4×	-22.7×	Sep 30, 2010
2009	$1.59B	$39.59M	40.1×	+29.5×	Sep 30, 2009
2008	$2.09B	$196.80M	10.6×	-8.4×	Sep 30, 2008
2007	$1.97B	$103.32M	19.1×	-22.9×	Sep 30, 2007
2006	$1.92B	$45.69M	42.0×	+25.3×	Sep 30, 2006
2005	$1.89B	$113.18M	16.7×	+0.8×	Sep 30, 2005
2004	$1.41B	$88.89M	15.9×	—	Sep 30, 2004
2003	$837.24M	−$14.33M	—	—	Sep 30, 2003
2002	$465.28M	−$52.28M	—	—	Sep 30, 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 PTC (PTC)

P/FCF Ratio daily chart for PTC (PTC)

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

About P/FCF Ratio at PTC (PTC)

PTC P/FCF Ratio by Year

PTC P/FCF Ratio 2025: 28.4×

PTC P/FCF Ratio 2024: 29.6×

PTC P/FCF Ratio 2023: 28.7×

PTC P/FCF Ratio 2022: 29.9×

PTC P/FCF Ratio 2021: 40.9×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

PTC (PTC) Key Financials

P/FCF Ratio daily chart for PTC (PTC)

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

About P/FCF Ratio at PTC (PTC)

PTC P/FCF Ratio by Year

PTC P/FCF Ratio 2025: 28.4×

PTC P/FCF Ratio 2024: 29.6×

PTC P/FCF Ratio 2023: 28.7×

PTC P/FCF Ratio 2022: 29.9×

PTC P/FCF Ratio 2021: 40.9×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

+What is PTC'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 PTC?

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

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

+What was PTC's P/FCF ratio in 2025?

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

PTC (PTC) Key Financials