Illumina (ILMN) EV to FCF (2010 - 2026)
Illumina's EV to FCF came in at 27.38 for Q2 2026, up 110.4% from 13.01 a year earlier and up 60.2% from the prior quarter.
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Analysis
Illumina (ILMN) EV to FCF (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 28, 2026, Illumina reported EV to FCF of 23.01, up 136.8% year-over-year; for FY2025, it came in at 20.42, down 28.6% from FY2024.
- EV to FCF has declined in each of the last three years.
- Going back by year, EV to FCF was 28.61 in FY2024 (-60.5%), 72.38 in FY2023 (-73.6%), 273.96 in FY2022 and 55.08 in FY2021.
- The Q2 2026 figure represents the highest quarterly EV to FCF since Q4 2024.
- Year-over-year, EV to FCF increased in two of the last eight quarters, with an average decline of 30.3%.
- The fastest year-over-year change in EV to FCF over five years came in Q2 2026 (growth of 110.4%), and the weakest in Q3 2024 (a decline of 83.8%).
- Business Quant data shows ILMN's EV to FCF at 17.09 (Q1 2026), 20.42 (Q4 2025) and 12.73 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 243.20 Bn | 222.35 Bn | 4.88 Bn |
| 2 | Abbott Laboratories | 172.35 Bn | 143.43 Bn | 7.27 Bn |
| 3 | Danaher | 154.53 Bn | 138.35 Bn | 3.61 Bn |
| 4 | Intuitive Surgical | 150.04 Bn | 129.59 Bn | 1.96 Bn |
| 5 | Medtronic | 113.25 Bn | 79.11 Bn | 6.34 Bn |
| 6 | Stryker | 106.37 Bn | 92.49 Bn | 4.50 Bn |
| 7 | Boston Scientific | 61.94 Bn | 56.95 Bn | 3.85 Bn |
| 8 | Becton Dickinson | 50.05 Bn | 47.20 Bn | 2.32 Bn |
| 9 | Edwards Lifesciences | 49.13 Bn | 33.24 Bn | 1.35 Bn |
| 10 | Illumina | 42.00 Bn | 36.77 Bn | 770.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 27.38 |
| Mar 29, 2026 | 17.09 |
| Dec 28, 2025 | 20.42 |
| Sep 28, 2025 | 12.73 |
| Jun 29, 2025 | 13.01 |
| Mar 30, 2025 | 13.04 |
| Dec 29, 2024 | 28.61 |
| Sep 29, 2024 | 36.01 |
| Jun 30, 2024 | 43.79 |
| Mar 31, 2024 | 55.11 |
| Dec 31, 2023 | 72.38 |
| Oct 1, 2023 | 222.78 |
| Jul 2, 2023 | 252.89 |
| Apr 3, 2022 | 229.64 |
| Oct 3, 2021 | 125.31 |
| Jul 4, 2021 | 70.67 |
| Apr 4, 2021 | 56.24 |
| Jan 3, 2021 | 55.08 |
| Sep 27, 2020 | 42.09 |
| Jun 28, 2020 | 45.77 |
API Access
Illumina EV to FCF API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=ILMN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "ticker": "ILMN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=ILMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();