Free Cash Flow Yield
Calculator

Inputs

Free cash flow yield (%)
8.571428

Results

Free cash flow yield (%)
8.571428
Price to free cash flow
11.666666

Investing results

Free cash flow yield (%)8.571428
Price to free cash flow11.666666

formula-map diagram

Free cash flow yield (%)
8.571428
Price to free cash flow
11.666666

Investing relationship

Formula

FCF yield = free cash flow ÷ market capitalisation

= 8.5714285714286

Note

This is not investment advice. It is a simplified model: it applies the displayed standard formula to the figures you entered, ignores taxes, fees, currency effects and credit risk, and assumes cash flows arrive exactly as scheduled. Real markets do not behave that way, and past or projected returns do not guarantee future results. Check the assumptions and consult a licensed adviser before acting on any figure.

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Frequently asked questions

How is free cash flow yield calculated?+

It's calculated as free cash flow per share (or total free cash flow) divided by market capitalization (or share price), expressed as a percentage. It shows how much actual cash the business generates relative to what investors are paying for it.

How is free cash flow yield different from dividend yield?+

Dividend yield only measures cash actually distributed to shareholders, while free cash flow yield measures all the cash a business generates after capital expenditures, whether it's paid out as dividends, used for buybacks, reinvested, or held as cash.

What does a high free cash flow yield suggest?+

A high yield can suggest a stock is generating a lot of cash relative to its price, which may indicate undervaluation, but it can also reflect a business with limited growth opportunities or one facing market skepticism about future prospects — context matters, and this isn't investment advice.

Why do some analysts prefer free cash flow yield over the P/E ratio?+

Free cash flow is harder to manipulate through accounting choices than net income (which includes non-cash items like depreciation and one-time charges), so some investors view cash-flow-based yields as a cleaner picture of a company's true earning power.

Can free cash flow yield be negative?+

Yes, if a company is spending more on operations and capital expenditures than it generates in operating cash flow (common for early-stage or heavily investing companies), free cash flow is negative, producing a negative yield that signals the business is currently cash-consuming rather than cash-generating.