Financial Modeling Prep Alternative: ROIC.AI vs FMP
TLDR: If you picked Financial Modeling Prep (FMP) for fundamental data, financial statements, ratios, valuation, and transcripts, ROIC.AI is the Financial Modeling Prep alternative built specifically for that job.
You get 90+ financial ratios with a true return-on-invested-capital (ROIC) focus, earnings call transcripts, and worldwide coverage on every plan including the free tier, plus a native MCP server so AI agents can pull the data directly. Trusted by 29,000+ investors, quants, and fintech builders.
→ Get your free API key, worldwide fundamentals, transcripts, and 90+ ratios, no credit card.
FMP is a solid, broad API. But its breadth is also the catch: if you mainly need deep, clean fundamentals and value-investing metrics, you end up paying for crypto, forex, commodities, and 13F endpoints you don't use, and the two things fundamentals investors want most, transcripts and global coverage, are locked to FMP's top $139/mo tier. ROIC.AI unlocks both from $0.
ROIC.AI vs Financial Modeling Prep at a glance
Dimension | ROIC.AI | Financial Modeling Prep |
|---|---|---|
Fundamentals depth | Income statement, balance sheet, cash flow, annual, quarterly & TTM | Income statement, balance sheet, cash flow, annual, quarterly & TTM |
90+ financial ratios | ✅ Profitability, credit & debt, liquidity, working-capital, yield, valuation | ✅ Key Metrics + Ratios + Financial Scores |
ROIC / returns-on-capital focus | ✅ Core product, ROIC, return on capital, ROE, ROA, sustainable growth | ⚠️ Available via ratios, not a focus |
Valuation & enterprise value | ✅ EV, EV/EBITDA, EV/Sales, P/E, P/B, P/S, P/FCF, per-share | ✅ Enterprise Values, DCF, ratios |
Earnings call transcripts | ✅ All plans, incl. free (latest, list, by quarter) | ⚠️ Ultimate tier only ($139/mo) |
Global exchange coverage | ✅ Worldwide on every plan, incl. free (90,000+ companies · 100+ countries) | ⚠️ US only until Premium; global only on Ultimate ($139/mo) |
Years of history | Up to 40+ years (Professional) | Up to 30+ years (Premium/Ultimate) |
Data format | JSON REST ( | JSON REST |
AI / MCP-ready | ✅ Native MCP server, plug into Claude & AI agents | ❌ No MCP server |
Free tier | $0, 5 req/min, worldwide, transcripts, 2 yrs history | Free, 250 calls/day, US only, EOD, no transcripts |
Entry paid plan | $29/mo Individual, 300 req/min, worldwide, 5 yrs | $29/mo Starter ($19 billed annually), 300/min, US only, 5 yrs |
Top plan | $89/mo Professional, unlimited req, 40+ yrs | $139/mo Ultimate, 3,000/min, global, transcripts |
Data freshness | End of day today; real-time (WebSocket) rolling out | Real-time / intraday on paid tiers |
Breadth of niche endpoints | Focused on fundamentals & valuation | ✅ Broader, crypto, forex, commodities, 13F, insider, ESG |
Sources: roic.ai/pricing, the live ROIC.AI API, and FMP's pricing & docs, all accessed 2026-06-16. Prices are monthly list; annual billing is cheaper on both.
Where ROIC.AI wins for fundamentals investors
1. A real ROIC and returns-on-capital engine
ROIC.AI is named after the metric most value investors actually care about. The profitability endpoint returns return on invested capital, return on capital, ROE, ROA, gross/EBITDA/operating/net margins, effective tax rate, dividend payout, and sustainable growth rate, pre-computed, period over period. Pull Apple's profitability ratios and you immediately get ROIC near 60%, ROE above 150%, and a full margin stack without rebuilding them from raw statements.
FMP exposes the underlying data and some ratios, but returns-on-capital is one metric among hundreds, not the spine of the product. If your workflow is screening for quality compounders, that focus matters.
2. 90+ ratios and metrics, organized the way analysts think
Across six endpoint families, ROIC.AI ships 90+ ready-to-use ratios and metrics:
Profitability: ROIC, ROE, ROA, margins, tax rate, payout, sustainable growth
Credit & debt: net/total debt to EBITDA, debt to equity/capital/assets, interest coverage
Liquidity: current, quick, cash ratios, cash-flow-to-liabilities, Altman Z-Score
Working capital: receivable/inventory/payable turnover and days, cash conversion cycle
Yield: free-cash-flow yield, shareholder yield, capital yield
Valuation: EV, EV/EBITDA, EV/Sales, EV/EBIT, P/E, P/B, P/S, P/CF, P/FCF, per-share data
You don't normalize statements or hand-roll formulas, the metric you want is already a field in the response.
3. Earnings call transcripts, even on the free plan
Transcripts are gold for fundamental research and LLM-driven analysis. On ROIC.AI you can list available calls, pull the latest, or fetch a specific quarter, and the free tier already includes the most recent 8 quarters. Apple transcripts are available right through the latest quarter.
On FMP, earnings call transcripts are gated to the $139/mo Ultimate plan. That's the single biggest reason a transcript-hungry researcher switches.
4. Worldwide coverage on every tier, not just at $139/mo
ROIC.AI serves worldwide markets on every plan, including free, 100+ countries and every major exchange: the US (26,000+ tickers), London (LSE), Brazil (B3 / .SA), Toronto and the TSX Venture (.V), Stockholm (.ST), Deutsche Börse, Hong Kong, India (NSE/BSE), and more. International fundamentals come back clean and normalized to USD, a query for Vale (VALE3.SA) returns a full income statement, not an error.
FMP's free and Starter tiers are US-only. Premium adds UK and Canada; full global coverage requires the $139/mo Ultimate plan. If your portfolio or product is international, ROIC.AI gives you that at $0.
5. AI- and MCP-ready out of the box
ROIC.AI ships a native MCP server (Model Context Protocol). Point Claude or any MCP-capable agent at it and your model can call income statements, ratios, transcripts, and valuation directly, no glue code, no scraping. For teams building research copilots, screeners, or RAG pipelines on fundamentals, this turns "integrate an API" into "connect a tool."
FMP does not offer an MCP server. You'd build and maintain that integration layer yourself.
→ Connect the MCP server or grab an API key, your AI agent can query fundamentals in minutes.
6. Transparent, predictable pricing
ROIC.AI's plans are simple and the headline you see is the headline you pay:
Plan | Price | Rate limit | History | Coverage | Data |
|---|---|---|---|---|---|
Free | $0 | 5 req/min | 2 years | Worldwide | End of day |
Individual | $29/mo | 300 req/min | 5 years | Worldwide | End of day |
Professional | $89/mo | Unlimited | 40+ years | Worldwide | End of day* |
Enterprise | From $600/mo | Unlimited | 40+ years | Worldwide | End of day* + commercial license |
Annual billing includes two months free. Notably, Professional ($89/mo) gives you unlimited requests, 40+ years of history, transcripts, and worldwide coverage for less than FMP's Ultimate plan ($139/mo), and FMP caps even its top tier at 3,000 calls/minute. Need a commercial-use license? Enterprise starts at $600/mo (sites up to 5,000 daily unique visitors), $1,000/mo up to 10,000, custom above, with multi-user access and invoicing.
*Market data is end-of-day across all plans today; real-time delivery via WebSocket is rolling out.
Where Financial Modeling Prep is genuinely stronger
Credit where it's due. FMP's edge is breadth: alongside fundamentals it offers crypto, forex, commodities, index, and ETF/mutual-fund data, plus 13F institutional holdings, insider and congressional trading, ESG ratings, technical indicators, and DCF/owner-earnings tooling, 150+ endpoints across many asset classes.
It's also been around for years with a large, established developer community (FMP advertises 100,000+ customers), and on annual billing its Starter tier ($19/mo) undercuts ROIC.AI's Individual plan by a few dollars (at monthly billing both are $29). FMP also serves real-time and intraday prices today, where ROIC.AI is end-of-day now with real-time via WebSocket on the near-term roadmap.
If you need a single vendor spanning crypto, forex, alt-data, and equities, FMP is the broader toolbox. But if your work lives in company fundamentals, ratios, valuation, and transcripts, the value-investing and quant-research core, that breadth is surface area you pay for and don't use. ROIC.AI goes deeper on the part you actually need, and makes transcripts and global data available from $0.
Who should switch to ROIC.AI
Value & fundamentals investors who screen on ROIC, margins, and returns on capital.
Quants & researchers who need clean, normalized statements and ratios across global markets without per-market data-quality surprises.
Fintech builders shipping screeners, dashboards, or research tools who want worldwide fundamentals and transcripts without a $139/mo floor.
AI builders wiring fundamentals into agents via MCP, RAG, or function calling.
If you're a high-frequency or multi-asset shop that lives in tick data, options, and crypto, a price-data specialist (or FMP's broad stack) may fit better, and that's an honest call.
→ Get your free API key, the best FMP alternative for fundamentals- and ROIC-focused investors, quants, and builders.
FAQ
Is ROIC.AI a good Financial Modeling Prep alternative?
Yes, especially if you use FMP primarily for fundamentals, ratios, valuation, and transcripts. ROIC.AI matches FMP's core financial-statement coverage, goes deeper on returns-on-capital and ratio analysis, and includes earnings transcripts and worldwide coverage on every plan (FMP gates both to its $139/mo Ultimate tier). It also ships a native MCP server for AI workflows, which FMP doesn't offer.
ROIC.AI vs FMP pricing, which is cheaper?
It depends on what you need. At monthly billing, ROIC.AI's Individual plan and FMP's Starter plan are both $29, but FMP Starter is US-only, while ROIC.AI is worldwide; on annual billing FMP's Starter ($19/mo) is a few dollars cheaper. Once you need global coverage or transcripts, FMP requires its $139/mo Ultimate plan, while ROIC.AI includes both starting at $0, and ROIC.AI's top Professional plan is $89/mo with unlimited requests versus FMP's $139/mo, 3,000-calls/minute cap. For commercial use, ROIC.AI Enterprise starts at $600/mo; FMP's commercial licensing is quote-based.
Does ROIC.AI have earnings call transcripts?
Yes. You can list available calls, fetch the latest transcript, or pull a specific year and quarter, and the free plan already includes the most recent 8 quarters, scaling to all available quarters on Professional. On FMP, transcripts are limited to the Ultimate ($139/mo) plan.
Does ROIC.AI cover international stocks?
Yes, worldwide coverage on every plan, including free. That spans 100+ countries and major exchanges like the LSE, B3 (Brazil), TSX/TSX-V (Canada), Stockholm, Deutsche Börse, Hong Kong, and India's NSE/BSE, with international financials normalized to USD. FMP restricts free and Starter plans to US data and unlocks full global coverage only on Ultimate.
Can I use ROIC.AI with AI tools and agents?
Yes. ROIC.AI provides a native MCP (Model Context Protocol) server, so Claude and other MCP-compatible agents can query financial statements, ratios, valuation, and transcripts directly, no custom integration. The data is also available as standard JSON over REST (api.roic.ai/v2) with examples for cURL, Python, JavaScript, Ruby, Go, and Google Sheets. FMP offers REST but no MCP server.
What does FMP do better than ROIC.AI?
Breadth. FMP covers more asset classes (crypto, forex, commodities, indexes, ETFs/mutual funds) and more niche datasets (13F, insider and congressional trading, ESG, technical indicators), with 150+ endpoints and a large established community. If you need one vendor across many markets, FMP is broader. For deep equity fundamentals, ratios, valuation, and transcripts, ROIC.AI is more focused and includes more at every price point.