FCF Margin % is calculated as Free Cash Flow divided by its Revenue. CIT Group's Free Cash Flow for the
three
months ended in Sep. 2021 was $-87 Mil. CIT Group's Revenue for the
three
months ended in Sep. 2021 was $547 Mil. Therefore, CIT Group's FCF Margin % for the quarter that ended in Sep. 2021 was -15.81%.
The historical rank and industry rank for CIT Group's FCF Margin % or its related term are showing as below:
CIT'
s FCF Margin % Range Over the Past 10 Years
Min: 0 Med: 0 Max: 8.77
Current: 8.77
During the past 13 years, the highest FCF Margin % of CIT Group was 8.77%. The lowest was 0.00%. And the median was 0.00%.
CIT's FCF Margin % is not ranked
in the Banks industry.
Industry Median: 27.52
vs CIT: 8.77
CIT Group FCF Margin % Historical Data
The historical data trend for CIT Group's FCF Margin % 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.
Competitive Comparison of CIT Group's FCF Margin %
For the Banks - Regional subindustry, CIT Group's FCF Margin %, along with its competitors' market caps and FCF Margin % 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.
CIT Group's FCF Margin % Distribution in the Banks Industry
For the Banks industry and Financial Services sector, CIT Group's FCF Margin % distribution charts can be found below:
* The bar in red indicates where CIT Group's FCF Margin % falls into.
CIT Group FCF Margin % Calculation
FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.
CIT Group's FCF Margin for the fiscal year that ended in Dec. 2020 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.
CIT Group FCF Margin % Related Terms
Thank you for viewing the detailed overview of CIT Group's FCF Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
CIT Group Inc is a banking holding company and a financial holding company operating primarily in North America. It provides financing, leasing, and advisory services primarily to middle-market companies in a diverse group of industries. The company's banking subsidiary mostly operates in Southern California and offers both commercial and retail banking services. The company sources its commercial lending business through direct marketing to customers, vendors, and distributors, among other parties. The company generates revenue by earning interest on loans and investments, as well as commission, fees, and rental income on leased equipment and other financial services. The company also syndicates and sells finance receivables.
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