Tritax Big Box REIT (LSE:BBOX) FCF Margin %: 99.49% (As of Dec. 2025) — 178% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LSE:BBOX Tritax Big Box REIT PLC LSE:BBOX
35 GF Score
Price £1.71
! 11 Warning Signs
View Full Analysis

What is Tritax Big Box REIT FCF Margin %?

Tritax Big Box REIT LSE:BBOX +1.43% 35 FCF Margin % is 99.49% as of Dec. 2025, which is 178% above its 10-year median of 35.79. GuruFocus rates LSE:BBOX with a GF Score™ of 35/100. The stock has 11 warning signs investors should review. Among 933 REITs companies, Tritax Big Box REIT ranks better than 74.06% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Tritax Big Box REIT's Free Cash Flow for the six months ended in Dec. 2025 was £212.8 Mil. Tritax Big Box REIT's Revenue for the six months ended in Dec. 2025 was £213.9 Mil. Therefore, Tritax Big Box REIT's FCF Margin % for the quarter that ended in Dec. 2025 was 99.49%.

As of today, Tritax Big Box REIT's current FCF Yield % is 6.75%.

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

LSE:BBOX' s FCF Margin % Range Over the Past 10 Years
Min: -30.45   Med: 35.79   Max: 163.69
Current: 63.55


During the past 12 years, the highest FCF Margin % of Tritax Big Box REIT was 163.69%. The lowest was -30.45%. And the median was 35.79%.

LSE:BBOX's FCF Margin % is ranked better than
74.06% of 933 companies
in the REITs industry
Industry Median: 38.81 vs LSE:BBOX: 63.55


Tritax Big Box REIT FCF Margin % Related Terms


Tritax Big Box REIT FCF Margin % Historical Data

* Premium members only.

The historical data trend for Tritax Big Box REIT'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.

Tritax Big Box REIT FCF Margin % Chart

Tritax Big Box REIT 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 19.80 -30.45 163.69 36.03 63.55

Tritax Big Box REIT 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 -794.69 34.82 37.00 35.93 99.49

LSE:BBOX vs PLD, PSA, EXR: FCF Margin % Comparison

For the REIT - Industrial subindustry, Tritax Big Box REIT'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.


Tritax Big Box REIT FCF Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Tritax Big Box REIT's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Tritax Big Box REIT's FCF Margin % falls into.


LSE:BBOX
35GF Score
Tritax Big Box REIT PLC LSE:BBOX
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tritax Big Box REIT FCF Margin % Calculation

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

Tritax Big Box REIT'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 )
=312.8/492.2
=63.55 %

Tritax Big Box REIT'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 )
=212.8/213.9
=99.49 %

* 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 99.49% mean?
Tritax Big Box REIT (LSE:BBOX) has a FCF Margin % of 99.49% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Tritax Big Box REIT and its competitors. This is 178% above median its historical median of 35.79. According to the industry distribution chart, Tritax Big Box REIT ranks #242 out of 933 companies in the REITs industry, placing it in the top 25.9%.
Is Tritax Big Box REIT's FCF Margin % too high?
Tritax Big Box REIT's current FCF Margin % of 99.49% is 178% above median its 10-year median of 35.79. The REITs industry median FCF Margin % is 38.81. Tritax Big Box REIT's value of 99.49% is 156.4% above this industry median. Based on the distribution chart, Tritax Big Box REIT ranks #242 out of 933 companies in the REITs industry, which is above the industry midpoint. Overall, Tritax Big Box REIT has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Tritax Big Box REIT's FCF Margin % compare to PLD and PSA?
According to the REITs industry distribution chart, Tritax Big Box REIT ranks #242 out of 933 companies for FCF Margin %. This puts Tritax Big Box REIT in the upper half of its industry. The industry median FCF Margin % is 38.81. Tritax Big Box REIT's value of 99.49% is 156.4% above this benchmark. While the company's 10-year median is 35.79 vs. the industry median of 38.81, Tritax Big Box REIT 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 REITs company?
The median FCF Margin % among REITs companies is 38.81, based on 933 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. Tritax Big Box REIT's current FCF Margin % of 99.49% is 156.4% 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 Tritax Big Box REIT and its competitors. For the REITs industry, the median FCF Margin % is 38.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tritax Big Box REIT's current FCF Margin % is 99.49%, which is 178% above median its own 10-year median of 35.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tritax Big Box REIT stock overvalued right now?
Tritax Big Box REIT (LSE:BBOX) has a current FCF Margin % of 99.49%. The current FCF Margin % is 99.49%, which is 178% above median its 10-year median of 35.79 and 156.4% above the REITs industry median of 38.81. Tritax Big Box REIT's overall GF Score™ is 35/100 with 11 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 Tritax Big Box REIT (LSE:BBOX), the current FCF Margin % is 99.49% 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.

Tritax Big Box REIT Business Description

Industry Real EstateREITs
Address 72 Broadwick Street, London, GBR, W1F 9QZ
Tritax Big Box REIT PLC is a UK-based real estate investment trust. It owns, manages, and develops critical logistics real estate in the UK. The company is engaged in a single segment business, being the investment in UK logistics assets and land options with a view to developing logistics and holding these for investment purposes. The company proactively manages its 100-plus assets - from small to big boxes - using its sector specialism and deep market insights to stay ahead of trends and meet its clients' evolving needs.
35GF Score

Get the complete analysis for LSE:BBOX

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

£1.71
Price