UPST FCF Yield Analysis
Updated 131h ago·SEC filings & market data
Key Takeaway
FCF Yield of -5.7% means Upstart’s free cash flow — cash generated after operating and capital expenses — is negative relative to its market value, indicating the company is consuming cash rather than producing a cash return for shareholders.
Sector Performance
9th percentileUPST
-5.7%
Sector Median
4.2%
Sector Avg
9.3%
Prior Period
-5.6%(Aug 2026)
Deep Analysis
FCF Yield of -5.7% means Upstart’s free cash flow — cash generated after operating and capital expenses — is negative relative to its market value, indicating the company is consuming cash rather than producing a cash return for shareholders.
That sits far below the sector median of 4.2%, and at the 8th percentile among peers, so only 8% of comparable companies have a lower FCF yield. The metric has been stable over the last eight quarters, with a year-over-year change of -1.8% and a quarter-over-quarter change of -1.8%. A persistently negative FCF yield at this low percentile means the company’s cash burn is a recurring feature, not a temporary blip, which adds risk for investors hoping for improving cash generation. The stable negative trend offers no evidence of a turnaround, so any investment case must rely on future growth rather than current cash profitability. This metric directly supports the overall CAUTIOUS verdict
Frequently Asked Questions
What does the FCF Yield tell investors about UPST?
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 UPST's closest peers by FCF Yield?
The closest peers by FCF Yield include: RARE (-18.7%), CG (-19.3%), RXRX (-20.3%), PLUG (-22.0%), NTLA (-22.5%).
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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-5.7%
Sector Median
4.2%
Sector Avg
9.3%
How UPST's FCF Yield compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.