NI FCF Yield Analysis
Updated 273h ago·SEC filings & market data
Key Takeaway
The FCF yield measures free cash flow as a percentage of the company’s market value; at -4.1%, it means the company is burning cash rather than generating surplus profits relative to its price.
Sector Performance
10th percentileNI
-4.1%
Sector Median
4.2%
Sector Avg
9.2%
Prior Period
-3.9%(Aug 2026)
Deep Analysis
The FCF yield measures free cash flow as a percentage of the company’s market value; at -4.1%, it means the company is burning cash rather than generating surplus profits relative to its price.
This sits far below the sector median of 4.2%, placing NI in the 9th percentile, meaning 91% of sector peers have a higher (better) FCF yield. The metric has been decreasing over the last eight quarters, with a quarter-over-quarter change of -5.1% and a year-over-year change of N/A; recent values are -4.1%, -3.9%, and -3.5% (most recent first). The combination of a negative level and a declining trend points to worsening cash flow efficiency, which raises downside risk for the stock. This contradicts the overall NEUTRAL verdict, as the negative and deteriorating FCF yield adds a bearish signal that a neutral stance does not fully capture.
Frequently Asked Questions
What does the FCF Yield tell investors about NI?
One of the purest measures of value. High FCF yield means the company generates a lot of cash relative to its price — favoured by value investors.
How is the FCF Yield calculated?
FCF Yield is calculated as: Free Cash Flow / Market Cap.
Who are NI's closest peers by FCF Yield?
The closest peers by FCF Yield include: JACK (23.5%), BBWI (23.7%), YELP (25.7%), MET (27.9%), WIX (29.2%).
Learn More About FCF Yield
Understanding Free Cash Flow
Free cash flow is the lifeblood of any business. In this post, we explore why it matters more than net income for long-term investors.
Free Cash Flow Yield: Why It Matters More Than Earnings Per Share
EPS is accounting. FCF is reality. Here's how to calculate free cash flow yield, why Warren Buffett prioritizes it, and how to use it to spot genuinely profitable companies.
The Formula
Free Cash Flow / Market Cap
Why It Matters
One of the purest measures of value. High FCF yield means the company generates a lot of cash relative to its price — favoured by value investors.
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-4.1%
Sector Median
4.2%
Sector Avg
9.2%
How NI's FCF Yield compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.