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, IonQ's Trailing 12-Month Free Cash Flow is $-98.36 Mil, and Market Cap is $1,876.84 Mil. Therefore, IonQ's FCF Yield % for today is -5.24%.
The historical rank and industry rank for IonQ's FCF Yield % or its related term are showing as below:
IONQ'
s FCF Yield % Range Over the Past 10 Years
Min: -7.63 Med: -3.44 Max: -0.65
Current: -5.24
During the past 4 years, the highest FCF Yield % of IonQ was -0.65%. The lowest was -7.63%. And the median was -3.44%.
IONQ's FCF Yield % is ranked worse than 75.83% of 2474
companies
in the Hardware industry
Industry Median: 0.885
vs IONQ: -5.24
IonQ's FCF Margin % for the quarter that ended in Dec. 2023 was -580.48%.
IonQ FCF Yield % Historical Data
The historical data trend for IonQ'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 Computer Hardware subindustry, IonQ'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.
IonQ's FCF Yield % Distribution in the Hardware Industry
For the Hardware industry and Technology sector, IonQ's FCF Yield % distribution charts can be found below:
* The bar in red indicates where IonQ's FCF Yield % falls into.
IonQ 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.
IonQ's FCF Yield % for the fiscal year that ended in Dec. 2023 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.
IonQ 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.
IonQ FCF Yield % Related Terms
Thank you for viewing the detailed overview of IonQ's FCF Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
IonQ Inc sells access to several quantum computers of various qubit capacities and is in the process of researching and developing technologies for quantum computers with increasing computational capabilities. The company currently makes access to its quantum computers available via cloud platforms and also to select customers via its own cloud service. This cloud-based approach enables the broad availability of quantum-computing-as-a-service (QCaaS). The company derives its revenue from its quantum-computing-as-a-service arrangements, consulting services related to co-developing algorithms on company's quantum computing systems, and contracts associated with the design, development, and construction of specialized quantum computing systems together with related services.
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