Codexis (CDXS) EV to FCF (2010 - 2026)
Codexis (CDXS) posted EV to FCF of 14.99 for Q2 2026, down 148.48% on a QoQ basis from 6.03 in Q1 2026, and down 91.6% year-over-year from 178.53 in Q2 2025.
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Codexis (CDXS) EV to FCF (2010 - 2026) Analysis & Trends
Codexis has reported EV to FCF for 17 years, with the latest figure at 14.99 in Q2 2026.
- On a quarterly basis, EV to FCF fell 91.6% year-over-year to 14.99 in Q2 2026; TTM through Jun 2026 was 12.45, a 448.28% decrease from a year earlier, with the FY2025 full-year figure at 2.9, up 50.77% from the prior year.
- EV to FCF was 14.99 for Q2 2026 at Codexis, down from 6.03 in the prior quarter.
- The five-year high for EV to FCF was 38.93 in Q4 2022, with the low at 144.34 in Q2 2022.
- Average EV to FCF over 5 years is 17.73, with a median of 11.57 recorded in 2024.
- The sharpest annual moves came in 2024 and 2025: EV to FCF plunged 239.14% in 2024, then surged 120.37% in 2025.
- Over 5 years, EV to FCF stood at 38.93 in 2022, then plunged by 135.7% to 13.9 in 2023, then slipped by 25.03% to 17.38 in 2024, then surged by 120.37% to 3.54 in 2025, then tumbled by 523.61% to 14.99 in 2026.
- The last three EV to FCF figures came in at 14.99 (Q2 2026), 6.03 (Q1 2026), and 3.54 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 226.93 Bn | 222.99 Bn | 8.34 Bn |
| 2 | Danaher | 145.94 Bn | 141.60 Bn | 3.61 Bn |
| 3 | Agilent Technologies | 42.55 Bn | 40.79 Bn | 1.04 Bn |
| 4 | Illumina | 32.95 Bn | 31.78 Bn | 770.00 Mn |
| 5 | Revvity | 14.53 Bn | 13.51 Bn | 416.87 Mn |
| 6 | Bio-Techne | 11.31 Bn | 11.04 Bn | 211.39 Mn |
| 7 | Bio-Rad Laboratories | 10.34 Bn | 8.72 Bn | 345.80 Mn |
| 8 | Repligen | 9.46 Bn | 8.44 Bn | 110.04 Mn |
| 9 | Bruker | 8.91 Bn | 8.73 Bn | 416.00 Mn |
| 10 | Codexis | 133.43 Mn | 78.51 Mn | 11.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -14.99 |
| Mar 31, 2026 | -6.03 |
| Dec 31, 2025 | 3.54 |
| Sep 30, 2025 | -20.49 |
| Jun 30, 2025 | -7.82 |
| Mar 31, 2025 | -10.27 |
| Dec 31, 2024 | -17.38 |
| Sep 30, 2024 | -11.46 |
| Jun 30, 2024 | -11.67 |
| Mar 31, 2024 | -18.02 |
| Dec 31, 2023 | -13.90 |
| Sep 30, 2023 | -3.38 |
| Jun 30, 2023 | -5.85 |
| Mar 31, 2023 | -14.75 |
| Dec 31, 2022 | 38.93 |
| Sep 30, 2022 | 15.68 |
| Jun 30, 2022 | -144.34 |
| Mar 31, 2022 | -76.95 |
| Dec 31, 2021 | -398.17 |
| Sep 30, 2021 | -330.99 |