FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.
As of today, Fitbit's Trailing 12-Month Free Cash Flow is $-67 Mil, and Market Cap is $1,888 Mil. Therefore, Fitbit's FCF Yield % for today is 0.00%.
The historical rank and industry rank for Fitbit's FCF Yield % or its related term are showing as below:
FIT's FCF Yield % is not ranked *
in the Hardware industry.
Industry Median: 0.95 * Ranked among companies with meaningful FCF Yield % only.
Fitbit's FCF Margin % for the quarter that ended in Sep. 2020 was -7.42%.
Fitbit FCF Yield % Historical Data
The historical data trend for Fitbit's FCF Yield % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Scientific & Technical Instruments subindustry, Fitbit's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Fitbit's FCF Yield % Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Fitbit's FCF Yield % distribution charts can be found below:
* The bar in red indicates where Fitbit's FCF Yield % falls into.
Fitbit FCF Yield % Calculation
FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.
Fitbit's FCF Yield % for the fiscal year that ended in Dec. 2019 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Fitbit FCF Yield % Explanation
Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.
Fitbit FCF Yield % Related Terms
Thank you for viewing the detailed overview of Fitbit's FCF Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Fitbit Inc is a provider of health and fitness devices. The company's platform combines connected health and fitness devices with software and services. Its platform includes a family of wearable devices which include health and fitness trackers and smartwatches, enable the users to view data about their daily activity, exercise and sleep in real-time. The company software and services which include an online dashboard and mobile app, provide users with data analytics, motivational and social tools, and virtual coaching through customized fitness plans and interactive workouts.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
FIT has been successfully added to your 