Zions Bancorp NAZION -0.27%66 EV-to-FCF is 8.18 as of Jun. 27, 2026, which is 20% below its 10-year median of 10.23. GuruFocus rates ZION with a GF Score™ of 66/100 and a GF Value™ of $53.86 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,195 Banks companies, Zions Bancorp NA ranks worse than 55.82% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Zions Bancorp NA's Enterprise Value is $9,798 Mil.
Zions Bancorp NA's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $1,198 Mil. Therefore, Zions Bancorp NA's EV-to-FCF for today is 8.18.
The historical rank and industry rank for Zions Bancorp NA's EV-to-FCF or its related term are showing as below:
ZION'
s EV-to-FCF Range Over the Past 10 Years
Min: -1.8 Med: 10.23 Max: 27.41
Current: 8.18
During the past 13 years, the highest EV-to-FCF of Zions Bancorp NA was 27.41. The lowest was -1.80. And the median was 10.23.
ZION's EV-to-FCF is ranked worse than 55.82% of 1195
companies
in the Banks industry
Industry Median: 6.52
vs ZION: 8.18
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Zions Bancorp NA's PE Ratio (TTM) for today is calculated as:
Zions Bancorp NA's share price for today is $69.15.
Zions Bancorp NA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.430.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Zions Bancorp NA EV-to-FCF Related Terms
Zions Bancorp NA EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Zions Bancorp NA's EV-to-FCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Banks - Regional subindustry, Zions Bancorp NA's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Zions Bancorp NA EV-to-FCF vs Banks Industry
For the Banks industry and Financial Services sector, Zions Bancorp NA's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Zions Bancorp NA's EV-to-FCF falls into.
Zions Bancorp NA's current Enterprise Value is $9,798 Mil.
Zions Bancorp NA's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,198 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Zions Bancorp NA (ZION) has a EV-to-FCF of 8.18 as of Jun. 27, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Zions Bancorp NA and its competitors. This is 20% below median its historical median of 10.23. According to the industry distribution chart, Zions Bancorp NA ranks #667 out of 1195 companies in the Banks industry, placing it in the top 55.8%.
Is Zions Bancorp NA's EV-to-FCF too high?
Zions Bancorp NA's current EV-to-FCF of 8.18 is 20% below median its 10-year median of 10.23. The Banks industry median EV-to-FCF is 6.52. Zions Bancorp NA's value of 8.18 is 25.5% above this industry median. Based on the distribution chart, Zions Bancorp NA ranks #667 out of 1195 companies in the Banks industry, which is below the industry midpoint. Overall, Zions Bancorp NA has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zions Bancorp NA's EV-to-FCF compare to SSB and ONB?
According to the Banks industry distribution chart, Zions Bancorp NA ranks #667 out of 1195 companies for EV-to-FCF. This places Zions Bancorp NA in the lower half of its industry. The industry median EV-to-FCF is 6.52. Zions Bancorp NA's value of 8.18 is 25.5% above this benchmark. While the company's 10-year median is 10.23 vs. the industry median of 6.52, Zions Bancorp NA has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Banks company?
The median EV-to-FCF among Banks companies is 6.52, based on 1,195 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zions Bancorp NA's current EV-to-FCF of 8.18 is 25.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Zions Bancorp NA and its competitors. For the Banks industry, the median EV-to-FCF is 6.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zions Bancorp NA's current EV-to-FCF is 8.18, which is 20% below median its own 10-year median of 10.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zions Bancorp NA stock overvalued right now?
Based on GuruFocus' analysis, Zions Bancorp NA (ZION) is currently considered Modestly Overvalued. The stock's GF Value™ is $53.86, compared to a current price of $69.15 — trading 28.4% above its estimated fair value. The current EV-to-FCF is 8.18, which is 20% below median its 10-year median of 10.23 and 25.5% above the Banks industry median of 6.52. Zions Bancorp NA's overall GF Score™ is 66/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Zions Bancorp NA (ZION), the current EV-to-FCF is 8.18 as of Jun. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Zions Bancorp NA (ZION) Overvalued in 2026?
Based on GuruFocus' analysis, Zions Bancorp NA stock appears to be overvalued.
The current stock price of $69.15 is trading 28.4% above its estimated GF Value™ of $53.86.
GuruFocus considers Zions Bancorp NA to be Modestly Overvalued.
Key valuation signals for ZION:
EV-to-FCF: 8.18 (20% below median its 10-year median of 10.23)
GF Value™: $53.86 vs. price of $69.15 (28.4% above fair value)
Industry Position: 25.5% above the Banks median (#667 of 1195)
No single metric tells the full story. See the ZION stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zions Bancorp is a US regional bank with around $90 billion in total assets as of March 31, 2026. Headquartered in Salt Lake City, Utah, Zions' branch network is in the Western and Southwestern United States and includes seven affiliate banks in these markets. The bank has a heavy focus on small and midsize commercial banking.
66GF Score
Get the complete analysis for ZION
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ZION has been successfully added to your 
