Leonardo SpAFINMF -5.67%84 FCF Margin % is -9.24% as of Mar. 2026. GuruFocus rates FINMF with a GF Score™ of 84/100 and a GF Value™ of $34.89 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 347 Aerospace & Defense companies, Leonardo SpA ranks better than 73.49% on this metric.
FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Leonardo SpA's Free Cash Flow for the
three
months ended in Mar. 2026 was $-475 Mil. Leonardo SpA's Revenue for the
three
months ended in Mar. 2026 was $5,142 Mil. Therefore, Leonardo SpA's FCF Margin % for the quarter that ended in Mar. 2026 was -9.24%.
The historical rank and industry rank for Leonardo SpA's FCF Margin % or its related term are showing as below:
FINMF'
s FCF Margin % Range Over the Past 10 Years
Min: -0.27 Med: 2.34 Max: 9.76
Current: 9.76
During the past 13 years, the highest FCF Margin % of Leonardo SpA was 9.76%. The lowest was -0.27%. And the median was 2.34%.
FINMF's FCF Margin % is ranked better than 73.49% of 347
companies
in the Aerospace & Defense industry
Industry Median: 0.64
vs FINMF: 9.76
Leonardo SpA FCF Margin % Related Terms
Leonardo SpA FCF Margin % Historical Data
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The historical data trend for Leonardo SpA'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 Aerospace & Defense subindustry, Leonardo SpA'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.
Leonardo SpA FCF Margin % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Leonardo SpA's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Leonardo SpA'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.
Leonardo SpA (FINMF) has a FCF Margin % of -9.24% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Leonardo SpA and its competitors. According to the industry distribution chart, Leonardo SpA ranks #92 out of 347 companies in the Aerospace & Defense industry, placing it in the top 26.5%.
Is Leonardo SpA's FCF Margin % too high?
Leonardo SpA's current FCF Margin % is -9.24%. Based on the distribution chart, Leonardo SpA ranks #92 out of 347 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Leonardo SpA has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Leonardo SpA's FCF Margin % compare to GE and RTX?
According to the Aerospace & Defense industry distribution chart, Leonardo SpA ranks #92 out of 347 companies for FCF Margin %. This puts Leonardo SpA in the upper half of its industry. The industry median FCF Margin % is 0.64. 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 an Aerospace & Defense company?
The median FCF Margin % among Aerospace & Defense companies is 0.64, based on 347 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. 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 Leonardo SpA and its competitors. For the Aerospace & Defense industry, the median FCF Margin % is 0.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leonardo SpA's current FCF Margin % is -9.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leonardo SpA stock overvalued right now?
Based on GuruFocus' analysis, Leonardo SpA (FINMF) is currently considered Significantly Overvalued. The stock's GF Value™ is $34.89, compared to a current price of $55.36 — trading 58.7% above its estimated fair value. The current FCF Margin % is -9.24%. Leonardo SpA's overall GF Score™ is 84/100 with 1 warning sign 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 Leonardo SpA (FINMF), the current FCF Margin % is -9.24% 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 Leonardo SpA (FINMF) Overvalued in 2026?
Based on GuruFocus' analysis, Leonardo SpA stock appears to be overvalued.
The current stock price of $55.36 is trading 58.7% above its estimated GF Value™ of $34.89.
GuruFocus considers Leonardo SpA to be Significantly Overvalued.
Key valuation signals for FINMF:
FCF Margin %: -9.24%
GF Value™: $34.89 vs. price of $55.36 (58.7% above fair value)
No single metric tells the full story. See the FINMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Leonardo is a leading European security firm, with 30.2% of shares owned by the Italian government. Divisions include helicopters, defence electronics & security, aeronautics, cyber & security solutions, and space.The helicopter division serves both military and civil markets. Defence electronics & security accesses the US market through the Leonardo DRS subsidiary. Aeronautics integrates aircraft and aerostructures, participating in major programs like Eurofighter, F-35, and the Global Combat Air Programme, or GCAP. It also supplies large structural components to major commercial aircraft programs. Leonardo is currently evolving from a defense firm into a data-driven global security company.
84GF Score
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