Skip to main content
Margins

FCF margin

The share of revenue converted into free cash flow.

Formula

Free cash flow (operating cash flow − |capex|) ÷ revenue

Served as: annual · ttm · derived. Annual and quarterly observations are never mixed unlabeled.

Where the inputs come from

  • NetCashProvidedByUsedInOperatingActivities
  • PaymentsToAcquirePropertyPlantAndEquipment
  • Revenues

Listed highest priority first. Every served figure carries its filing, fiscal period and accession; open any value on the financials page to see them.

How to compare it honestly

Compare with the company's own history and capital-intensity peers; capex cycles distort single periods.

When it is not served

Not computed when capex is missing for the period - missing capex is missing evidence, never zero.

Missing data is missing evidence: it is never shown as zero and never treated as a conclusion.

What it cannot tell you

A single period can be flattered or depressed by working-capital swings and capex timing.

Questions worth asking next

  • Is the conversion stable across several periods?
  • What drove the gap between net income and free cash flow?

Research prompts, not recommendations.

See it computed from filings

Related in margins: Gross margin · Operating margin · Net margin

Definitions are descriptive and educational. Nothing here is a guaranteed signal or personalized investment advice. How the platform computes and cites every figure.

Educational content only. Not financial advice. TrendNalysis provides educational and informational financial analysis built from public SEC filings and economic data (FRED, BLS). It is not financial, investment, tax, or legal advice and is not a recommendation to buy or sell any security. Market pricing is not currently included. Past performance does not guarantee future results. Always do your own research and consult a licensed financial professional before investing.