Cheapest stocks by price to free cash flow (2026)
The cheapest US large cap by P/FCF right now is CME at 3.6× trailing free cash flow. The 50 lowest price-to-FCF multiples among $10B+ US-listed companies, from SEC-filing cash flows — the cash-based sibling of the low-P/E value screen. A screen, not a recommendation.
Updated July 2, 2026
Lowest P/FCF large caps#
| # | Company | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | CME | $236.60 | +2.4% | -5.1% | -22.1% | -10.8% | -10.9% | +36.3% | $80B | +2.35% | 3.6 | 3.7 |
| 2 | MA | $539.39 | +3.2% | +12.9% | +9.5% | -5.2% | -3.4% | +48.0% | $454B | +0.68% | 3.7 | 4.2 |
| 3 | MET | $90.06 | +3.3% | +8.7% | +28.3% | +15.8% | +15.7% | +73.4% | $54B | +2.80% | 3.8 | 17.2 |
| 4 | PRU | $112.95 | +1.7% | +10.0% | +17.3% | +2.8% | +9.5% | +39.3% | $37B | +5.19% | 4.0 | 11.3 |
| 5 | GM | $76.00 | +0.6% | -6.8% | +5.0% | -6.1% | +45.6% | +34.2% | $70B | +0.93% | 4.7 | 26.2 |
| 6 | COF | $205.12 | +0.1% | +11.6% | +13.2% | -14.7% | -4.9% | +42.3% | $124B | +1.60% | 4.7 | 39.6 |
| 7 | CNC | $67.86 | -0.7% | +13.1% | +93.3% | +64.9% | +100.9% | -8.1% | $32B | — | 4.7 | — |
| 8 | VZ | $42.56 | +1.4% | -11.1% | -12.6% | +7.8% | +4.1% | +2.3% | $177B | +6.69% | 4.8 | 10.0 |
| 9 | F | $13.36 | -2.1% | -17.3% | +15.2% | +1.8% | +13.5% | -10.5% | $55B | +4.32% | 5.2 | — |
| 10 | HPQ | $21.93 | -0.4% | -19.6% | +12.4% | +0.0% | -11.9% | -15.3% | $20B | +5.47% | 5.3 | 7.9 |
| 11 | EG | $371.35 | +3.2% | +15.8% | +13.5% | +10.1% | +11.9% | +61.1% | $14B | +2.24% | 5.4 | 7.4 |
| 12 | ALL | $250.33 | +3.0% | +18.9% | +21.5% | +21.5% | +31.2% | +111.7% | $61B | +1.82% | 5.6 | 5.4 |
| 13 | FANG | $172.04 | +0.0% | -15.0% | -10.8% | +15.8% | +24.4% | +116.4% | $49B | +2.50% | 5.9 | 291 |
| 14 | ACGL | $102.20 | +3.7% | +16.6% | +5.6% | +6.5% | +15.6% | +158.7% | $34B | — | 6.2 | 7.5 |
| 15 | PFG | $110.87 | +1.8% | +7.3% | +24.1% | +27.8% | +42.8% | +109.3% | $23B | +3.04% | 6.4 | 14.7 |
| 16 | AMP | $489.16 | +2.0% | +9.8% | +13.1% | +0.4% | -8.6% | +109.9% | $41B | +1.48% | 6.4 | 11.5 |
| 17 | TRV | $342.31 | +2.3% | +17.3% | +16.4% | +18.4% | +34.6% | +148.3% | $70B | +1.51% | 6.5 | 9.7 |
| 18 | HIG | $137.85 | +3.0% | +8.4% | +1.7% | +0.9% | +14.1% | +145.1% | $36B | +1.81% | 6.5 | 9.4 |
| 19 | EOG | $130.78 | +1.7% | -5.6% | -7.6% | +26.7% | +10.2% | +92.0% | $69B | +3.15% | 6.5 | 12.8 |
| 20 | IVZ | $27.01 | +0.7% | -2.1% | +12.8% | +4.4% | +68.5% | +25.9% | $12B | +3.26% | 6.9 | — |
| 21 | ACN | $137.35 | +4.7% | -26.2% | -31.2% | -48.4% | -54.0% | -51.5% | $76B | +5.24% | 7.0 | 11.2 |
| 22 | COP | $104.73 | +1.5% | -10.4% | -19.2% | +13.6% | +14.5% | +96.2% | $127B | +3.23% | 7.1 | 17.4 |
| 23 | GDDY | $88.51 | +1.8% | -0.0% | +8.4% | -28.7% | -49.5% | -0.7% | $11B | — | 7.2 | 13.6 |
| 24 | EXE | $90.72 | +1.3% | -0.9% | -12.2% | -16.9% | -15.2% | +109.0% | $22B | +2.52% | 7.3 | 6.8 |
| 25 | LDOS | $108.84 | +5.6% | -14.2% | -31.5% | -39.5% | -32.6% | +12.8% | $13B | +1.67% | 7.4 | 9.7 |
| 26 | BAC | $58.73 | +0.6% | +12.5% | +19.5% | +7.9% | +23.2% | +61.2% | $404B | +1.97% | 7.5 | 13.3 |
| 27 | EXPE | $268.69 | +1.6% | +18.7% | +19.5% | -4.7% | +58.4% | +62.6% | $31B | +0.38% | 7.5 | 20.6 |
| 28 | PYPL | $45.47 | +3.2% | +2.4% | +0.6% | -21.6% | -39.9% | -84.2% | $38B | +1.30% | 7.6 | 8.3 |
| 29 | KHC | $25.37 | +1.4% | +10.6% | +13.2% | +8.1% | -0.1% | -19.9% | $28B | +6.78% | 7.6 | — |
| 30 | KLAC | $235.55 | -11.5% | +15.2% | +57.3% | +98.9% | +172.5% | +1144.9% | $394B | +3.05% | 7.7 | 6.6 |
| 31 | WRB | $72.08 | +2.0% | +10.6% | +9.2% | +2.9% | +3.7% | +138.1% | $26B | +3.40% | 7.7 | 14.4 |
| 32 | ADM | $76.79 | +0.2% | -6.9% | +4.7% | +35.5% | +41.7% | +45.7% | $37B | +2.72% | 7.7 | 34.2 |
| 33 | MGM | $47.10 | -0.9% | -2.6% | +28.4% | +29.1% | +25.0% | +8.9% | $12B | +0.03% | 7.8 | 66.0 |
| 34 | FIS | $41.80 | +2.5% | -1.7% | -9.7% | -36.6% | -47.5% | -67.8% | $20B | +4.53% | 8.0 | 8.1 |
| 35 | V | $362.13 | +3.1% | +14.1% | +20.6% | +3.7% | +3.0% | +57.5% | $652B | +0.78% | 8.0 | 7.6 |
| 36 | EQT | $52.61 | +0.2% | -3.8% | -11.6% | -1.3% | -5.2% | +160.5% | $33B | +1.24% | 8.1 | 10.0 |
| 37 | CTSH | $41.99 | +2.2% | -23.8% | -32.4% | -48.8% | -46.6% | -34.5% | $18B | +3.41% | 8.1 | 9.0 |
| 38 | OMC | $78.62 | +3.3% | +4.5% | +5.1% | -1.7% | +7.8% | +14.7% | $21B | +4.39% | 8.2 | 387 |
| 39 | T | $20.58 | +0.5% | -16.5% | -26.6% | -15.3% | -24.2% | +24.4% | $144B | +5.37% | 8.3 | 6.7 |
| 40 | PGR | $232.22 | +3.1% | +18.0% | +18.9% | +2.0% | -9.9% | +134.6% | $127B | +0.18% | 8.3 | 11.8 |
| 41 | DVN | $40.47 | +0.5% | -12.4% | -18.2% | +11.1% | +23.4% | +65.8% | $48B | +3.10% | 8.6 | 11.1 |
| 42 | CI | $287.77 | +3.9% | +6.1% | +7.2% | +5.7% | -8.2% | +32.5% | $73B | +2.26% | 8.6 | 12.1 |
| 43 | ADBE | $219.72 | +4.1% | -16.2% | -9.6% | -37.2% | -41.9% | -63.0% | $81B | +0.01% | 8.6 | 12.3 |
| 44 | CINF | $192.03 | +2.6% | +21.5% | +21.2% | +18.3% | +33.6% | +83.3% | $29B | +2.03% | 8.7 | 10.8 |
| 45 | APO | $118.61 | +0.1% | -7.9% | +11.3% | -17.4% | -15.6% | +104.2% | $68B | +1.90% | 8.7 | 65.5 |
| 46 | CHTR | $137.20 | -1.9% | -2.2% | -37.6% | -34.3% | -66.7% | -81.3% | $22B | — | 9.2 | 7.5 |
| 47 | BXP | $69.32 | +2.3% | +13.2% | +33.9% | +4.1% | +4.9% | -23.6% | $12B | +4.22% | 9.2 | 34.7 |
| 48 | CB | $361.17 | +2.7% | +15.7% | +10.0% | +16.1% | +29.3% | +138.6% | $132B | +1.20% | 9.3 | 12.5 |
| 49 | BAX | $22.65 | +4.4% | +21.3% | +35.9% | +18.6% | -26.6% | -69.4% | $11B | +0.19% | 9.3 | — |
| 50 | AIZ | $279.48 | +1.9% | +12.9% | +28.5% | +16.9% | +47.9% | +94.3% | $13B | +1.31% | 9.6 | 13.9 |
Methodology#
Screen: price-to-free-cash-flow between 3 and 20 (below ~3 usually reflects one-off cash flows) and market cap of $10B or more, ranked cheapest first. FCF = operating cash flow − capex, trailing-twelve-month from SEC EDGAR filings; financials are excluded by construction (FCF isn't meaningful for banks). Returns are total returns (dividends reinvested), updated daily. See also biggest companies by FCF and the valuation dip screener. Past performance does not predict future returns; not investment advice.
FAQ
- What is the cheapest stock by price to free cash flow?
- CME Group Inc. (CME) is currently the cheapest US large cap by price-to-free-cash-flow, at about 3.6× trailing FCF.
- Why screen by price-to-FCF instead of P/E?
- Price-to-FCF divides market cap by trailing-twelve-month free cash flow. Many value investors prefer it to P/E because cash flow is harder to massage than accounting earnings — but a low multiple can still mean the market expects cash flows to shrink (cyclicals at peak, secular decliners), so it's a screen, not a verdict.
More visualizations
What $1,000 in any stock or ETF would be worth today.
Every S&P 500 company sized by market cap — color by return or valuation.
S&P 500 returns by year, month, week and trailing period — total or price return.
Asset-class returns ranked year by year — the Callan chart / asset allocation quilt.
The 11 S&P 500 sectors ranked year by year — a sector quilt chart, back to 1999.
The biggest US companies as animated bubbles, rising and falling with their total return over time.
How recent stock-market debuts have performed since listing — annualized, vs the S&P 500, by IPO vs spin-off.
Compare megacaps vs the S&P 500, rebased to 1× at any date you hover.
Where today's S&P 500 return ranks against all history — and the forward returns that followed similar moments.
Is the market expensive? The Shiller CAPE back to 1871 and what valuations have meant for the next decade.
The S&P 500 since 1871 — odds of gain by holding period, real drawdowns, and the growth of $1.
Stocks trading cheapest relative to their own P/E, P/FCF, P/S, or P/B history — with fair-value bands.
Follow a company's revenue through its income statement as a Sankey — costs, taxes, and profit.
Follow a company's cash from net income through operating cash flow into capex, buybacks, and dividends.
Monthly payment, principal vs interest by year, and the balance paydown — with extra-payment savings.
Live term structure, the 10Y–2Y spread, and every inversion episode.