Airtel AfricaAAFRF +5.10%55 FCF Margin % is 34.67% as of Mar. 2026, which is 86% above its 10-year median of 18.63. GuruFocus rates AAFRF with a GF Score™ of 55/100. The stock has 3 warning signs investors should review. Among 367 Telecommunication Services companies, Airtel Africa ranks better than 93.73% on this metric.
FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Airtel Africa's Free Cash Flow for the
three
months ended in Mar. 2026 was $606 Mil. Airtel Africa's Revenue for the
three
months ended in Mar. 2026 was $1,748 Mil. Therefore, Airtel Africa's FCF Margin % for the quarter that ended in Mar. 2026 was 34.67%.
The historical rank and industry rank for Airtel Africa's FCF Margin % or its related term are showing as below:
AAFRF'
s FCF Margin % Range Over the Past 10 Years
Min: -5.31 Med: 18.63 Max: 36.17
Current: 36.17
During the past 10 years, the highest FCF Margin % of Airtel Africa was 36.17%. The lowest was -5.31%. And the median was 18.63%.
AAFRF's FCF Margin % is ranked better than 93.73% of 367
companies
in the Telecommunication Services industry
Industry Median: 8.25
vs AAFRF: 36.17
Airtel Africa FCF Margin % Related Terms
Airtel Africa FCF Margin % Historical Data
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The historical data trend for Airtel Africa'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.
For the Telecom Services subindustry, Airtel Africa'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.
Airtel Africa FCF Margin % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Airtel Africa's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Airtel Africa's FCF Margin % falls into.
* 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.
Airtel Africa (AAFRF) has a FCF Margin % of 34.67% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Airtel Africa and its competitors. This is 86% above median its historical median of 18.63. According to the industry distribution chart, Airtel Africa ranks #23 out of 367 companies in the Telecommunication Services industry, placing it in the top 6.3%.
Is Airtel Africa's FCF Margin % too high?
Airtel Africa's current FCF Margin % of 34.67% is 86% above median its 10-year median of 18.63. The Telecommunication Services industry median FCF Margin % is 8.25. Airtel Africa's value of 34.67% is 320.2% above this industry median. Based on the distribution chart, Airtel Africa ranks #23 out of 367 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Airtel Africa has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Airtel Africa's FCF Margin % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Airtel Africa ranks #23 out of 367 companies for FCF Margin %. This places Airtel Africa in the top 6% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 8.25. Airtel Africa's value of 34.67% is 320.2% above this benchmark. While the company's 10-year median is 18.63 vs. the industry median of 8.25, Airtel Africa has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Telecommunication Services company?
The median FCF Margin % among Telecommunication Services companies is 8.25, based on 367 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Airtel Africa's current FCF Margin % of 34.67% is 320.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Airtel Africa and its competitors. For the Telecommunication Services industry, the median FCF Margin % is 8.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Airtel Africa's current FCF Margin % is 34.67%, which is 86% above median its own 10-year median of 18.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airtel Africa stock overvalued right now?
Airtel Africa (AAFRF) has a current FCF Margin % of 34.67%. The current FCF Margin % is 34.67%, which is 86% above median its 10-year median of 18.63 and 320.2% above the Telecommunication Services industry median of 8.25. Airtel Africa's overall GF Score™ is 55/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Airtel Africa (AAFRF), the current FCF Margin % is 34.67% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Airtel Africa PLC is a telecoms and financial services provider transforming lives across the continent through increased digital and financial inclusion. The principal activities of the Group mainly consist of the provision of telecommunications and mobile money services. Its services include Voice, Data, Mobile money, Enterprise, and Data centers. The Group's operating segments are Nigeria mobile services, East Africa mobile services, Francophone Africa mobile services, and Mobile money. It generates maximum revenue from East Africa mobile services, comprising mobile service operations in Uganda, Kenya, Zambia, Tanzania, Malawi, and Rwanda.
55GF Score
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