ANZ Group Holdings (ASX:ANZ) FCF Margin %: 223.09% (As of Mar. 2026) — 177% Above Median


ASX:ANZ ANZ Group Holdings Ltd ASX:ANZ
61 GF Score
Price A$34.86
GF Value A$32.96
Valuation Fairly Valued
! 4 Warning Signs
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What is ANZ Group Holdings FCF Margin %?

ANZ Group Holdings ASX:ANZ -2.19% 61 FCF Margin % is 223.09% as of Mar. 2026, which is 177% above its 10-year median of 80.47. GuruFocus rates ASX:ANZ with a GF Score™ of 61/100 and a GF Value™ of A$32.96 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,504 Banks companies, ANZ Group Holdings ranks worse than 64.63% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. ANZ Group Holdings's Free Cash Flow for the six months ended in Mar. 2026 was A$24,484 Mil. ANZ Group Holdings's Revenue for the six months ended in Mar. 2026 was A$10,975 Mil. Therefore, ANZ Group Holdings's FCF Margin % for the quarter that ended in Mar. 2026 was 223.09%.

As of today, ANZ Group Holdings's current FCF Yield % is 2.71%.

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

ASX:ANZ' s FCF Margin % Range Over the Past 10 Years
Min: -24.75   Med: 80.47   Max: 245.54
Current: 13.08


During the past 13 years, the highest FCF Margin % of ANZ Group Holdings was 245.54%. The lowest was -24.75%. And the median was 80.47%.

ASX:ANZ's FCF Margin % is ranked worse than
64.63% of 1504 companies
in the Banks industry
Industry Median: 26.5 vs ASX:ANZ: 13.08


ANZ Group Holdings FCF Margin % Related Terms


ANZ Group Holdings FCF Margin % Historical Data

* Premium members only.

The historical data trend for ANZ Group Holdings'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.

ANZ Group Holdings FCF Margin % Chart

ANZ Group Holdings Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 245.54 106.17 32.14 48.89 117.05

ANZ Group Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -155.53 247.40 429.81 -192.51 223.09

ASX:ANZ vs JPM, BAC, WFC: FCF Margin % Comparison

For the Banks - Diversified subindustry, ANZ Group Holdings'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.


ANZ Group Holdings FCF Margin % vs Banks Industry

For the Banks industry and Financial Services sector, ANZ Group Holdings's FCF Margin % distribution charts can be found below:

* The bar in red indicates where ANZ Group Holdings's FCF Margin % falls into.


ASX:ANZ
61GF Score
ANZ Group Holdings Ltd ASX:ANZ
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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ANZ Group Holdings FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

ANZ Group Holdings's FCF Margin for the fiscal year that ended in Sep. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Sep. 2025 )/Revenue (A: Sep. 2025 )
=26110/22307
=117.05 %

ANZ Group Holdings's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=24484/10975
=223.09 %

* 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.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 223.09% mean?
ANZ Group Holdings (ASX:ANZ) has a FCF Margin % of 223.09% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on ANZ Group Holdings and its competitors. This is 177% above median its historical median of 80.47. According to the industry distribution chart, ANZ Group Holdings ranks #972 out of 1504 companies in the Banks industry, placing it in the top 64.6%.
Is ANZ Group Holdings' FCF Margin % too high?
ANZ Group Holdings' current FCF Margin % of 223.09% is 177% above median its 10-year median of 80.47. The Banks industry median FCF Margin % is 26.50. ANZ Group Holdings' value of 223.09% is 741.8% above this industry median. Based on the distribution chart, ANZ Group Holdings ranks #972 out of 1504 companies in the Banks industry, which is below the industry midpoint. Overall, ANZ Group Holdings has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ANZ Group Holdings' FCF Margin % compare to JPM and BAC?
According to the Banks industry distribution chart, ANZ Group Holdings ranks #972 out of 1504 companies for FCF Margin %. This places ANZ Group Holdings in the lower half of its industry. The industry median FCF Margin % is 26.50. ANZ Group Holdings' value of 223.09% is 741.8% above this benchmark. While the company's 10-year median is 80.47 vs. the industry median of 26.50, ANZ Group Holdings 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 Banks company?
The median FCF Margin % among Banks companies is 26.50, based on 1,504 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. ANZ Group Holdings's current FCF Margin % of 223.09% is 741.8% 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 ANZ Group Holdings and its competitors. For the Banks industry, the median FCF Margin % is 26.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ANZ Group Holdings's current FCF Margin % is 223.09%, which is 177% above median its own 10-year median of 80.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ANZ Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, ANZ Group Holdings (ASX:ANZ) is currently considered Fairly Valued. The stock's GF Value™ is A$32.96, compared to a current price of A$34.86 — trading 5.8% above its estimated fair value. The current FCF Margin % is 223.09%, which is 177% above median its 10-year median of 80.47 and 741.8% above the Banks industry median of 26.50. ANZ Group Holdings' overall GF Score™ is 61/100 with 4 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 ANZ Group Holdings (ASX:ANZ), the current FCF Margin % is 223.09% 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.

Is ANZ Group Holdings (ASX:ANZ) Overvalued in 2026?

Based on GuruFocus' analysis, ANZ Group Holdings stock appears to be overvalued. The current stock price of A$34.86 is trading 5.8% above its estimated GF Value™ of A$32.96. GuruFocus considers ANZ Group Holdings to be Fairly Valued.

Key valuation signals for ASX:ANZ:

  • FCF Margin %: 223.09% (177% above median its 10-year median of 80.47)
  • GF Value™: A$32.96 vs. price of A$34.86 (5.8% above fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 741.8% above the Banks median (#972 of 1504)

No single metric tells the full story. See the ASX:ANZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ANZ Group Holdings Business Description

Address 833 Collins Street, Level 9, ANZ Centre, Docklands, Melbourne, VIC, AUS, 3008
ANZ Group is the owner of one of Australia's four major banks and provides retail, business, and institutional banking services to customers in Australia, New Zealand, and Asia-Pacific. The super-regional Asian strategy was de-emphasized, with management focusing on the higher-returning businesses in Australia and New Zealand. ANZ Bank still retains a tilt to its Asia-centric strategy, but is now more balanced, better capitalized and a simpler bank.
61GF Score

Get the complete analysis for ASX:ANZ

FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$34.86
Price
A$32.96
GF Value