CART (Maplebear) FCF Margin %: 24.73% (As of Mar. 2026) — 80% Above Median


CART Maplebear Inc CART
63 GF Score
Price $46.85
GF Value $43.43
Valuation Fairly Valued
! 3 Warning Signs
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What is Maplebear FCF Margin %?

Maplebear CART +0.54% 63 FCF Margin % is 24.73% as of Mar. 2026, which is 80% above its 10-year median of 13.71. GuruFocus rates CART with a GF Score™ of 63/100 and a GF Value™ of $43.43 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,125 Retail - Cyclical companies, Maplebear ranks better than 95.02% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Maplebear's Free Cash Flow for the three months ended in Mar. 2026 was $252 Mil. Maplebear's Revenue for the three months ended in Mar. 2026 was $1,019 Mil. Therefore, Maplebear's FCF Margin % for the quarter that ended in Mar. 2026 was 24.73%.

As of today, Maplebear's current FCF Yield % is 8.01%.

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

CART' s FCF Margin % Range Over the Past 10 Years
Min: -12.32   Med: 13.71   Max: 24.32
Current: 22.83


During the past 6 years, the highest FCF Margin % of Maplebear was 24.32%. The lowest was -12.32%. And the median was 13.71%.

CART's FCF Margin % is ranked better than
95.02% of 1125 companies
in the Retail - Cyclical industry
Industry Median: 3.02 vs CART: 22.83


Maplebear FCF Margin % Related Terms


Maplebear FCF Margin % Historical Data

* Premium members only.

The historical data trend for Maplebear'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.

Maplebear FCF Margin % Chart

Maplebear Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial -12.32 9.92 17.49 18.44 24.32

Maplebear Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 31.22 20.46 28.97 17.24 24.73

CART vs CHWY, W, VIPS: FCF Margin % Comparison

For the Internet Retail subindustry, Maplebear'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.


Maplebear FCF Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Maplebear's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Maplebear's FCF Margin % falls into.


CART
63GF Score
Maplebear Inc CART
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Maplebear FCF Margin % Calculation

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

Maplebear's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=910/3742
=24.32 %

Maplebear'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 )
=252/1019
=24.73 %

* 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 24.73% mean?
Maplebear (CART) has a FCF Margin % of 24.73% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Maplebear and its competitors. This is 80% above median its historical median of 13.71. According to the industry distribution chart, Maplebear ranks #56 out of 1125 companies in the Retail - Cyclical industry, placing it in the top 5%.
Is Maplebear's FCF Margin % too high?
Maplebear's current FCF Margin % of 24.73% is 80% above median its 10-year median of 13.71. The Retail - Cyclical industry median FCF Margin % is 3.02. Maplebear's value of 24.73% is 718.9% above this industry median. Based on the distribution chart, Maplebear ranks #56 out of 1125 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Maplebear has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Maplebear's FCF Margin % compare to CHWY and W?
According to the Retail - Cyclical industry distribution chart, Maplebear ranks #56 out of 1125 companies for FCF Margin %. This places Maplebear in the top 5% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 3.02. Maplebear's value of 24.73% is 718.9% above this benchmark. While the company's 10-year median is 13.71 vs. the industry median of 3.02, Maplebear 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 Retail - Cyclical company?
The median FCF Margin % among Retail - Cyclical companies is 3.02, based on 1,125 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. Maplebear's current FCF Margin % of 24.73% is 718.9% 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 Maplebear and its competitors. For the Retail - Cyclical industry, the median FCF Margin % is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maplebear's current FCF Margin % is 24.73%, which is 80% above median its own 10-year median of 13.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maplebear stock overvalued right now?
Based on GuruFocus' analysis, Maplebear (CART) is currently considered Fairly Valued. The stock's GF Value™ is $43.43, compared to a current price of $46.85 — trading 7.9% above its estimated fair value. The current FCF Margin % is 24.73%, which is 80% above median its 10-year median of 13.71 and 718.9% above the Retail - Cyclical industry median of 3.02. Maplebear's overall GF Score™ is 63/100 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 Maplebear (CART), the current FCF Margin % is 24.73% 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 Maplebear (CART) Overvalued in 2026?

Based on GuruFocus' analysis, Maplebear stock appears to be overvalued. The current stock price of $46.85 is trading 7.9% above its estimated GF Value™ of $43.43. GuruFocus considers Maplebear to be Fairly Valued.

Key valuation signals for CART:

  • FCF Margin %: 24.73% (80% above median its 10-year median of 13.71)
  • GF Value™: $43.43 vs. price of $46.85 (7.9% above fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 718.9% above the Retail - Cyclical median (#56 of 1125)

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


Maplebear Business Description

Address 50 Beale Street, Suite 600, San Francisco, CA, USA, 94105
Maplebear (Instacart) is a grocery-focused delivery marketplace that connects national and regional grocers with consumers and couriers, and consumers with their favorite stores. Its app provides on-demand convenience for consumers, allows couriers to earn income, and helps grocers to scale their business through digital channels. The marketplace gathers valuable consumer behavior data, attracting consumer-packaged-goods advertisers that seek to reach consumers at the point of purchase. With approximately 600,000 shoppers and 1,800 retail partners, Instacart delivers to about 98% of households in the United States and Canada.
63GF Score

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

$46.85
Price
$43.43
GF Value