Question 1

What is EchoStar's P/FCF ratio?

Accepted Answer

EchoStar (SATS) P/FCF ratio is 9.0× as of August 7, 2023. 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 EchoStar?

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

Question 5

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

Accepted Answer

EchoStar's P/FCF ratio of 9.0× is below its own 5-year average of 13.0× and below the sector median of 21.6×. That places the current reading at the 52th 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 EchoStar's historical P/FCF ratio range?

Accepted Answer

In the available daily series, EchoStar (SATS) P/FCF ratio has ranged from a low of 5.8× in 2023 to a high of 358.8× in 2010. The 5-year average is 13.0× and the 5-year median is 9.3×.

Question 7

What was EchoStar's P/FCF ratio in 2022?

Accepted Answer

EchoStar (SATS) P/FCF ratio at the end of 2022 was 7.7×. 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 EchoStar'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	$31.26B	−$1.07B	—	—	Dec 31, 2025
2024	$6.28B	−$600.94M	—	—	Dec 31, 2024
2023	$4.25B	−$1.27B	—	—	Dec 31, 2023
2022	$1.38B	$180.61M	7.7×	-6.9×	Dec 31, 2022
2021	$2.33B	$160.25M	14.5×	-9.3×	Dec 31, 2021
2020	$2.08B	$86.94M	23.9×	-0.4×	Dec 31, 2020
2019	$4.23B	$173.98M	24.3×	+0.6×	Dec 31, 2019
2018	$3.50B	$147.74M	23.7×	-25.5×	Dec 31, 2018
2017	$5.74B	$116.66M	49.2×	-10.0×	Dec 31, 2017
2016	$4.84B	$81.84M	59.2×	-17.8×	Dec 31, 2016
2015	$3.63B	$47.18M	77.0×	+46.9×	Dec 31, 2015
2014	$4.81B	$160.10M	30.0×	-236.1×	Dec 31, 2014
2013	$4.49B	$16.89M	266.1×	—	Dec 31, 2013
2012	$2.99B	−$106.33M	—	—	Dec 31, 2012
2011	$1.81B	$86.32M	21.0×	+10.7×	Dec 31, 2011
2010	$2.13B	$207.28M	10.3×	—	Dec 31, 2010
2009	$1.71B	−$17.64M	—	—	Dec 31, 2009
2008	$1.29B	−$116.70M	—	—	Dec 31, 2008
2007	$2.92B	−$399.17M	—	—	Dec 31, 2007


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 EchoStar (SATS)

P/FCF Ratio daily chart for EchoStar (SATS)

Historical P/FCF Ratio for EchoStar (SATS) from 2007 to 2025

About P/FCF Ratio at EchoStar (SATS)

EchoStar P/FCF Ratio by Year

EchoStar P/FCF Ratio 2022: 7.7×

EchoStar P/FCF Ratio 2021: 14.5×

EchoStar P/FCF Ratio 2020: 23.9×

EchoStar P/FCF Ratio 2019: 24.3×

EchoStar P/FCF Ratio 2018: 23.7×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

EchoStar (SATS) Key Financials

P/FCF Ratio daily chart for EchoStar (SATS)

Historical P/FCF Ratio for EchoStar (SATS) from 2007 to 2025

About P/FCF Ratio at EchoStar (SATS)

EchoStar P/FCF Ratio by Year

EchoStar P/FCF Ratio 2022: 7.7×

EchoStar P/FCF Ratio 2021: 14.5×

EchoStar P/FCF Ratio 2020: 23.9×

EchoStar P/FCF Ratio 2019: 24.3×

EchoStar P/FCF Ratio 2018: 23.7×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

+What is EchoStar'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 EchoStar?

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

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

+What was EchoStar's P/FCF ratio in 2022?

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

EchoStar (SATS) Key Financials