London Stock Exchange Group (FRA:LS4C) FCF Margin %: 14.66% (As of Dec. 2025) — 40% Below Median


FRA:LS4C London Stock Exchange Group PLC FRA:LS4C
88 GF Score
Price €98.78
GF Value €128.07
Valuation Modestly Undervalued
! 5 Warning Signs
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What is London Stock Exchange Group FCF Margin %?

London Stock Exchange Group FRA:LS4C +1.13% 88 FCF Margin % is 14.66% as of Dec. 2025, which is 40% below its 10-year median of 24.55. GuruFocus rates FRA:LS4C with a GF Score™ of 88/100 and a GF Value™ of €128.07 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 771 Capital Markets companies, London Stock Exchange Group ranks better than 64.59% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. London Stock Exchange Group's Free Cash Flow for the six months ended in Dec. 2025 was €783 Mil. London Stock Exchange Group's Revenue for the six months ended in Dec. 2025 was €5,344 Mil. Therefore, London Stock Exchange Group's FCF Margin % for the quarter that ended in Dec. 2025 was 14.66%.

As of today, London Stock Exchange Group's current FCF Yield % is 4.19%.

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

FRA:LS4C' s FCF Margin % Range Over the Past 10 Years
Min: 5.79   Med: 24.55   Max: 38.25
Current: 18.41


During the past 13 years, the highest FCF Margin % of London Stock Exchange Group was 38.25%. The lowest was 5.79%. And the median was 24.55%.

FRA:LS4C's FCF Margin % is ranked better than
64.59% of 771 companies
in the Capital Markets industry
Industry Median: 0.9 vs FRA:LS4C: 18.41


London Stock Exchange Group FCF Margin % Related Terms


London Stock Exchange Group FCF Margin % Historical Data

* Premium members only.

The historical data trend for London Stock Exchange Group'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.

London Stock Exchange Group FCF Margin % Chart

London Stock Exchange Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.15 22.87 22.17 26.96 18.36

London Stock Exchange Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 29.57 17.04 36.70 22.07 14.66

FRA:LS4C vs SPGI, CME, ICE: FCF Margin % Comparison

For the Financial Data & Stock Exchanges subindustry, London Stock Exchange Group'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.


London Stock Exchange Group FCF Margin % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, London Stock Exchange Group's FCF Margin % distribution charts can be found below:

* The bar in red indicates where London Stock Exchange Group's FCF Margin % falls into.


FRA:LS4C
88GF Score
London Stock Exchange Group PLC FRA:LS4C
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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London Stock Exchange Group FCF Margin % Calculation

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

London Stock Exchange Group'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 )
=1961.799/10684.718
=18.36 %

London Stock Exchange Group's FCF Margin for the quarter that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=783.119/5343.502
=14.66 %

* 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 14.66% mean?
London Stock Exchange Group (FRA:LS4C) has a FCF Margin % of 14.66% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on London Stock Exchange Group and its competitors. This is 40% below median its historical median of 24.55. Over the past decade, London Stock Exchange Group's FCF Margin % has ranged from 5.79 to 38.25. According to the industry distribution chart, London Stock Exchange Group ranks #273 out of 771 companies in the Capital Markets industry, placing it in the top 35.4%.
Is London Stock Exchange Group's FCF Margin % too high?
London Stock Exchange Group's current FCF Margin % of 14.66% is 40% below median its 10-year median of 24.55. Over the past 10 years, this metric has ranged from a low of 5.79 to a high of 38.25. The Capital Markets industry median FCF Margin % is 0.90. London Stock Exchange Group's value of 14.66% is 1528.9% above this industry median. Based on the distribution chart, London Stock Exchange Group ranks #273 out of 771 companies in the Capital Markets industry, which is above the industry midpoint. Overall, London Stock Exchange Group has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does London Stock Exchange Group's FCF Margin % compare to SPGI and CME?
According to the Capital Markets industry distribution chart, London Stock Exchange Group ranks #273 out of 771 companies for FCF Margin %. This puts London Stock Exchange Group in the upper half of its industry. The industry median FCF Margin % is 0.90. London Stock Exchange Group's value of 14.66% is 1528.9% above this benchmark. Historically, London Stock Exchange Group's own FCF Margin % has ranged from 5.79 to 38.25 over the past decade. While the company's 10-year median is 24.55 vs. the industry median of 0.90, London Stock Exchange Group 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 Capital Markets company?
The median FCF Margin % among Capital Markets companies is 0.90, based on 771 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. London Stock Exchange Group's current FCF Margin % of 14.66% is 1528.9% 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 London Stock Exchange Group and its competitors. For the Capital Markets industry, the median FCF Margin % is 0.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. London Stock Exchange Group's current FCF Margin % is 14.66%, which is 40% below median its own 10-year median of 24.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is London Stock Exchange Group stock overvalued right now?
Based on GuruFocus' analysis, London Stock Exchange Group (FRA:LS4C) is currently considered Modestly Undervalued. The stock's GF Value™ is €128.07, compared to a current price of €98.78 — trading 22.9% below its estimated fair value. The current FCF Margin % is 14.66%, which is 40% below median its 10-year median of 24.55 and 1528.9% above the Capital Markets industry median of 0.90. London Stock Exchange Group's overall GF Score™ is 88/100 with 5 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 London Stock Exchange Group (FRA:LS4C), the current FCF Margin % is 14.66% as of Dec. 2025. 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 London Stock Exchange Group (FRA:LS4C) Overvalued in 2026?

Based on GuruFocus' analysis, London Stock Exchange Group stock appears to be undervalued. The current stock price of €98.78 is trading 22.9% below its estimated GF Value™ of €128.07. GuruFocus considers London Stock Exchange Group to be Modestly Undervalued.

Key valuation signals for FRA:LS4C:

  • FCF Margin %: 14.66% (40% below median its 10-year median of 24.55)
  • GF Value™: €128.07 vs. price of €98.78 (22.9% below fair value)
  • GF Score™: 88/100 with 5 warning signs
  • Industry Position: 1528.9% above the Capital Markets median (#273 of 771)

No single metric tells the full story. See the FRA:LS4C stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


London Stock Exchange Group Business Description

Address 10 Paternoster Square, London, GBR, EC4M 7LS
London Stock Exchange Group is a fully integrated financial exchange company covering the financial market value chain from primary and secondary markets across multiple asset classes over data, index, and analytics down to clearing and post-trading reporting. With the acquisition of Refinitiv, LSEG generates about two-thirds of its revenue from data and analytics including its FTSE Russell and WM/Refinitiv benchmarks as well as data feeds and terminals. The group is also a majority shareholder in Tradeweb, one of the dominant global fixed-income trading venues, as well as LCH, the largest clearinghouse for over-the-counter swaps globally.
88GF Score

Get the complete analysis for FRA:LS4C

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

€98.78
Price
€128.07
GF Value