Carrefour (HAM:CAR) FCF Margin %: 8.73% (As of Dec. 2025) — 220% Above Median


HAM:CAR Carrefour HAM:CAR
79 GF Score
Price €16.32
GF Value €14.69
Valuation Modestly Overvalued
! 12 Warning Signs
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What is Carrefour FCF Margin %?

Carrefour HAM:CAR +1.18% 79 FCF Margin % is 8.73% as of Dec. 2025, which is 220% above its 10-year median of 2.73. GuruFocus rates HAM:CAR with a GF Score™ of 79/100 and a GF Value™ of €14.69 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 310 Retail - Defensive companies, Carrefour ranks better than 61.29% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Carrefour's Free Cash Flow for the six months ended in Dec. 2025 was €3,600 Mil. Carrefour's Revenue for the six months ended in Dec. 2025 was €41,252 Mil. Therefore, Carrefour's FCF Margin % for the quarter that ended in Dec. 2025 was 8.73%.

As of today, Carrefour's current FCF Yield % is 21.09%.

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

HAM:CAR' s FCF Margin % Range Over the Past 10 Years
Min: 0.59   Med: 2.73   Max: 3.15
Current: 2.89


During the past 13 years, the highest FCF Margin % of Carrefour was 3.15%. The lowest was 0.59%. And the median was 2.73%.

HAM:CAR's FCF Margin % is ranked better than
61.29% of 310 companies
in the Retail - Defensive industry
Industry Median: 1.835 vs HAM:CAR: 2.89


Carrefour FCF Margin % Related Terms


Carrefour FCF Margin % Historical Data

* Premium members only.

The historical data trend for Carrefour'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.

Carrefour FCF Margin % Chart

Carrefour 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 2.89 2.81 3.15 2.95 2.89

Carrefour 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 8.25 -2.29 8.13 -2.75 8.73

HAM:CAR vs KR, SFM, ACI: FCF Margin % Comparison

For the Grocery Stores subindustry, Carrefour'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.


Carrefour FCF Margin % vs Retail - Defensive Industry

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

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


HAM:CAR
79GF Score
Carrefour HAM:CAR
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Carrefour FCF Margin % Calculation

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

Carrefour'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 )
=2425/84024
=2.89 %

Carrefour'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 )
=3600/41252
=8.73 %

* 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 8.73% mean?
Carrefour (HAM:CAR) has a FCF Margin % of 8.73% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Carrefour and its competitors. This is 220% above median its historical median of 2.73. Over the past decade, Carrefour's FCF Margin % has ranged from 0.59 to 3.15. According to the industry distribution chart, Carrefour ranks #120 out of 310 companies in the Retail - Defensive industry, placing it in the top 38.7%.
Is Carrefour's FCF Margin % too high?
Carrefour's current FCF Margin % of 8.73% is 220% above median its 10-year median of 2.73. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 3.15. The Retail - Defensive industry median FCF Margin % is 1.84. Carrefour's value of 8.73% is 375.7% above this industry median. Based on the distribution chart, Carrefour ranks #120 out of 310 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Carrefour has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carrefour's FCF Margin % compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Carrefour ranks #120 out of 310 companies for FCF Margin %. This puts Carrefour in the upper half of its industry. The industry median FCF Margin % is 1.84. Carrefour's value of 8.73% is 375.7% above this benchmark. Historically, Carrefour's own FCF Margin % has ranged from 0.59 to 3.15 over the past decade. While the company's 10-year median is 2.73 vs. the industry median of 1.84, Carrefour 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 - Defensive company?
The median FCF Margin % among Retail - Defensive companies is 1.84, based on 310 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. Carrefour's current FCF Margin % of 8.73% is 375.7% 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 Carrefour and its competitors. For the Retail - Defensive industry, the median FCF Margin % is 1.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carrefour's current FCF Margin % is 8.73%, which is 220% above median its own 10-year median of 2.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carrefour stock overvalued right now?
Based on GuruFocus' analysis, Carrefour (HAM:CAR) is currently considered Modestly Overvalued. The stock's GF Value™ is €14.69, compared to a current price of €16.32 — trading 11.1% above its estimated fair value. The current FCF Margin % is 8.73%, which is 220% above median its 10-year median of 2.73 and 375.7% above the Retail - Defensive industry median of 1.84. Carrefour's overall GF Score™ is 79/100 with 12 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 Carrefour (HAM:CAR), the current FCF Margin % is 8.73% 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 Carrefour (HAM:CAR) Overvalued in 2026?

Based on GuruFocus' analysis, Carrefour stock appears to be overvalued. The current stock price of €16.32 is trading 11.1% above its estimated GF Value™ of €14.69. GuruFocus considers Carrefour to be Modestly Overvalued.

Key valuation signals for HAM:CAR:

  • FCF Margin %: 8.73% (220% above median its 10-year median of 2.73)
  • GF Value™: €14.69 vs. price of €16.32 (11.1% above fair value)
  • GF Score™: 79/100 with 12 warning signs
  • Industry Position: 375.7% above the Retail - Defensive median (#120 of 310)

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


Carrefour Business Description

Address 93, Avenue de Paris, Massy Cedex, Paris, FRA, 91300
Founded in 1959, Carrefour is a multiformat retailer with operations in over 40 countries. Approximately 75% of sales stem from Europe and the rest from Latin America. In France, where Carrefour generates nearly 50% of its total revenue, the firm has a grocery market share of 22%, behind market leader E.Leclerc (24%), according to Kantar. Carrefour operates over 15,000 stores in hypermarket, supermarket, convenience store, and discount store formats. In 2024, Carrefour completed the acquisition of the Cora and Match banners from Louis Delhaize group for an enterprise value of EUR 1.05 billion.
79GF Score

Get the complete analysis for HAM:CAR

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

€16.32
Price
€14.69
GF Value