Netscout Systems (NTCT) EV to FCF (2011 - 2025)
Netscout Systems' EV to FCF came in at 5.01 for fiscal Q3 2026 (quarter ended Dec 31, 2025), down 27.0% from 6.87 a year earlier and down 4.8% from the prior quarter.
Powered by 
Analysis
Netscout Systems (NTCT) EV to FCF (2011 - 2025) Analysis & Trends
Over the trailing twelve months to Dec 31, 2025, Netscout Systems reported EV to FCF of -0.58; for FY2025 (ended Mar 31, 2025), it came in at 4.82, down 77.8% from FY2024.
- Going back by fiscal year, EV to FCF was 21.67 in FY2024 (+95.2%), 11.10 in FY2023 (+89.4%), 5.86 in FY2022 (-26.1%) and 7.93 in FY2021 (+22.9%).
- The five-year range for quarterly EV to FCF is 4.82 (fiscal Q4 2025) to 21.67 (fiscal Q4 2024).
- Year-over-year, EV to FCF has declined for seven consecutive quarters, with an average decline of 29.1% over the last eight quarters.
- The fastest year-over-year change in EV to FCF over five years came in fiscal Q2 2024 (growth of 105.2%), and the weakest in fiscal Q4 2025 (a decline of 77.8%).
- Business Quant data shows NTCT's EV to FCF at 5.27 (Q2 2026), 5.13 (Q1 2026) and 4.82 (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 323.81 Bn | 308.88 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 271.09 Bn | 251.53 Bn | 1.10 Bn |
| 3 | Fortinet | 131.14 Bn | 117.07 Bn | 1.64 Bn |
| 4 | Snowflake | 119.71 Bn | 107.03 Bn | 1.04 Bn |
| 5 | Datadog | 98.30 Bn | 79.94 Bn | 881.34 Mn |
| 6 | Okta | 34.95 Bn | 25.05 Bn | 641.00 Mn |
| 7 | Axon Enterprise | 34.32 Bn | 28.85 Bn | 546.45 Mn |
| 8 | Zscaler | 32.52 Bn | 18.64 Bn | - |
| 9 | Baidu | 29.56 Bn | -44.07 Bn | 1.47 Mn |
| 10 | Netscout Systems | 2.87 Bn | 581.12 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 5.01 |
| Sep 30, 2025 | 5.27 |
| Jun 30, 2025 | 5.13 |
| Mar 31, 2025 | 4.82 |
| Dec 31, 2024 | 6.87 |
| Sep 30, 2024 | 8.45 |
| Jun 30, 2024 | 7.88 |
| Mar 31, 2024 | 21.67 |
| Dec 31, 2023 | 17.29 |
| Sep 30, 2023 | 16.55 |
| Jun 30, 2023 | 13.53 |
| Mar 31, 2023 | 11.10 |
| Dec 31, 2022 | 10.10 |
| Sep 30, 2022 | 8.07 |
| Jun 30, 2022 | 8.20 |
| Mar 31, 2022 | 5.86 |
| Dec 31, 2021 | 8.49 |
| Sep 30, 2021 | 7.85 |
| Jun 30, 2021 | 8.95 |
| Mar 31, 2021 | 7.93 |
API Access
Netscout Systems 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=NTCT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "ticker": "NTCT", "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=NTCT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();