GURUFOCUS.COM » STOCK LIST » Technology » Hardware » IonQ Inc (NYSE:IONQ.WS) » Definitions » 3-Year FCF Growth Rate

IonQ (IONQ.WS) 3-Year FCF Growth Rate : -58.10% (As of Jun. 2024)


View and export this data going back to 2021. Start your Free Trial

What is IonQ 3-Year FCF Growth Rate?

IonQ's Free Cash Flow per Share for the three months ended in Jun. 2024 was $0.00.

During the past 3 years, the average Free Cash Flow per Share Growth Rate was -58.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

During the past 4 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of IonQ was -58.10% per year. The lowest was -58.10% per year. And the median was -58.10% per year.


Competitive Comparison of IonQ's 3-Year FCF Growth Rate

For the Computer Hardware subindustry, IonQ's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate 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 3-Year FCF Growth Rate Distribution in the Hardware Industry

For the Hardware industry and Technology sector, IonQ's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where IonQ's 3-Year FCF Growth Rate falls into.



IonQ 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.


IonQ  (NYSE:IONQ.WS) 3-Year FCF Growth Rate Explanation

Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.


IonQ 3-Year FCF Growth Rate Related Terms

Thank you for viewing the detailed overview of IonQ's 3-Year FCF Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


IonQ Business Description

Industry
Traded in Other Exchanges
Address
4505 Campus Drive, College Park, MD, USA, 20740
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.