Drax Group (Drax Group) FCF Yield % : 19.70 (As of Apr. 28, 2024)

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What is Drax Group FCF Yield %?

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, Drax Group's Trailing 12-Month Free Cash Flow is $499 Mil, and Market Cap is $2,505 Mil. Therefore, Drax Group's FCF Yield % for today is 19.70%.

The historical rank and industry rank for Drax Group's FCF Yield % or its related term are showing as below:

DRXGF' s FCF Yield % Range Over the Past 10 Years
Min: -12.78 Med: 3.91 Max: 45.48
Current: 19.7

During the past 13 years, the highest FCF Yield % of Drax Group was 45.48%. The lowest was -12.78%. And the median was 3.91%.

DRXGF's FCF Yield % is ranked better than
85.55% of 436 companies
in the Utilities - Independent Power Producers industry
Industry Median: -0.265 vs DRXGF: 19.70

Drax Group's FCF Margin % for the quarter that ended in Dec. 2023 was 7.35%.

Drax Group FCF Yield % Historical Data

The historical data trend for Drax Group'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.

* Premium members only.

Drax Group FCF Yield % Chart

Drax Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Yield %

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23.73

11.13

3.94

1.27

21.82

Drax Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
FCF Yield %	Get a 7-Day Free Trial															3.66	4.67	-2.17	8.62	32.81

Competitive Comparison of Drax Group's FCF Yield %

For the Utilities - Renewable subindustry, Drax Group'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.

Drax Group's FCF Yield % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Drax Group's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Drax Group's FCF Yield % falls into.

Drax Group 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.

Drax Group's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	499.368	/	2288.75675
	=	21.82%

Drax Group's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	375.443	*	2	/	2288.75675
	=	32.81%

Drax Group 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.

Drax Group FCF Yield % Related Terms

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Drax Group (Drax Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Drax Group PLC (OTCPK:DRXGF) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

DRXGY:USA DRXl:UK DRX:UK D9F2:Germany

Address

Drax Power Station, Selby, North Yorkshire, GBR, YO8 8PH

Website

http://www.drax.com

Drax Group PLC is a UK-based renewable energy company engaged in renewable power generation, the production of sustainable biomass and the sale of renewable electricity to businesses. It operates a generation portfolio of sustainable biomass, hydro-electric and pumped hydro storage assets across four sites in England and Scotland. The company also operates a global bioenergy supply business with manufacturing facilities at around 13 sites in the United States and Canada, producing compressed wood pellets for its own use and for customers in Europe and Asia.