Free cash-flow margin

$$\frac{\text{Operating cash flow}-\text{Capex}}{\text{Revenue}}$$

Free cash flow as a share of revenue. Cash-generating analog of net margin — strips out non-cash items.

Direction: Higher better Category: cash

Inputs (XBRL fallback chains):

• capex: PaymentsToAcquirePropertyPlantAndEquipment -> PaymentsToAcquireProductiveAssets
• operating_cash_flow: NetCashProvidedByUsedInOperatingActivities
• revenue: Revenues -> RevenueFromContractWithCustomerExcludingAssessedTax -> RevenueFromContractWithCustomerIncludingAssessedTax -> SalesRevenueNet -> SalesRevenueGoodsNet

Returns None when: Returns None when OCF, Capex, or Revenue is missing or Revenue ≤ 0.

Source code

Implementation: fcf_margin in src/eqtytrk/metrics/ratios.py (or valuation.py for multiples).