Cheapest stocks by price to free cash flow (2026)
The cheapest US large cap by P/FCF right now is CNC at 3.7× 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.
as of Aug 17, 4:00 PM ET
Lowest P/FCF large caps#
| #Company | ||||
|---|---|---|---|---|
| 1CNC | +56.5% | $33B | 3.7 | — |
| 2CHTR | -31.0% | $18B | 4.2 | 3.7 |
| 3CMCSA | -6.7% | $93B | 4.5 | 8.3 |
| 4COF | -7.9% | $141B | 5.2 | 43.9 |
| 5GM | +4.2% | $76B | 5.3 | 39.1 |
| 6ALL | +25.3% | $66B | 5.4 | 5.0 |
| 7ACGL | +2.0% | $34B | 5.6 | 7.2 |
| 8F | +9.5% | $57B | 6.0 | — |
| 9TFC | +9.0% | $65B | 6.2 | 11.1 |
| 10AMP | +15.4% | $50B | 6.2 | 12.7 |
| 11ZION | +24.0% | $11B | 6.3 | 9.0 |
| 12HIG | +0.1% | $37B | 6.4 | 8.6 |
| 13AIG | -10.8% | $40B | 6.7 | 12.9 |
| 14APA | +73.1% | $14B | 6.7 | 8.5 |
| 15GDDY | -25.5% | $12B | 7.1 | 13.2 |
| 16PAA | +40.3% | $17B | 7.1 | 6.1 |
| 17DVA | +55.5% | $11B | 7.1 | 13.6 |
| 18THC | +33.2% | $22B | 7.1 | 15.3 |
| 19DINO | +109.6% | $17B | 7.2 | 8.7 |
| 20EVR | -10.4% | $12B | 7.3 | 15.9 |
| 21HPQ | +34.1% | $28B | 7.3 | 10.8 |
| 22FISV | -22.3% | $29B | 7.4 | 10.3 |
| 23MGM | +20.0% | $11B | 7.4 | 26.0 |
| 24IVZ | +25.9% | $14B | 7.5 | — |
| 25MELI | -11.2% | $94B | 7.5 | 50.2 |
| 26EXE | -13.7% | $23B | 7.6 | 7.0 |
| 27PGR | -5.1% | $122B | 7.6 | 10.4 |
| 28EOG | +41.6% | $75B | 7.7 | 10.9 |
| 29OVV | +64.7% | $17B | 7.7 | 18.9 |
| 30MPC | +122.2% | $100B | 7.7 | 11.7 |
| 31CINF | +5.3% | $27B | 7.8 | 8.0 |
| 32FIS | -37.5% | $22B | 7.8 | 6.6 |
| 33KHC | +5.4% | $30B | 7.9 | — |
| 34LDOS | -21.0% | $18B | 8.3 | 13.1 |
| 35OMC | +6.9% | $25B | 8.3 | 396 |
| 36COP | +38.4% | $152B | 8.4 | 16.4 |
| 37AIZ | +17.6% | $14B | 8.4 | 13.1 |
| 38MGA | +35.9% | $20B | 8.6 | 23.7 |
| 39ACN | -36.1% | $109B | 8.7 | 14.0 |
| 40FANG | +38.9% | $57B | 8.7 | 38.6 |
| 41T | +1.6% | $170B | 8.8 | 7.9 |
| 42PR | +60.7% | $18B | 8.8 | 14.6 |
| 43CI | +1.1% | $75B | 8.9 | 11.6 |
| 44IT | -28.9% | $11B | 8.9 | 14.8 |
| 45EXPE | +12.9% | $40B | 9.0 | 19.6 |
| 46HMC | +8.2% | $41B | 9.1 | — |
| 47EQT | -0.5% | $34B | 9.1 | 12.6 |
| 48KNX | +40.1% | $12B | 9.1 | 347 |
| 49DVN | +30.6% | $43B | 9.2 | 13.1 |
| 50VZ | +21.8% | $201B | 9.4 | 12.5 |
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?
- Centene Corporation (CNC) is currently the cheapest US large cap by price-to-free-cash-flow, at about 3.7× 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.
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