Dr. MartensLSE:DOCS +1.30%52 FCF Margin % is 32.58% as of Mar. 2026, which is 105% above its 10-year median of 15.90. GuruFocus rates LSE:DOCS with a GF Score™ of 52/100 and a GF Value™ of £0.72 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,040 Manufacturing - Apparel & Accessories companies, Dr. Martens ranks better than 91.15% on this metric.
FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Dr. Martens's Free Cash Flow for the
six
months ended in Mar. 2026 was £144.3 Mil. Dr. Martens's Revenue for the
six
months ended in Mar. 2026 was £442.9 Mil. Therefore, Dr. Martens's FCF Margin % for the quarter that ended in Mar. 2026 was 32.58%.
The historical rank and industry rank for Dr. Martens's FCF Margin % or its related term are showing as below:
LSE:DOCS'
s FCF Margin % Range Over the Past 10 Years
Min: 2.13 Med: 15.9 Max: 22.55
Current: 17.1
During the past 9 years, the highest FCF Margin % of Dr. Martens was 22.55%. The lowest was 2.13%. And the median was 15.90%.
LSE:DOCS's FCF Margin % is ranked better than 91.15% of 1040
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.25
vs LSE:DOCS: 17.10
Dr. Martens FCF Margin % Related Terms
Dr. Martens FCF Margin % Historical Data
* Premium members only.
The historical data trend for Dr. Martens'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.
LSE:DOCS vs NKE, DECK, ONON: FCF Margin % Comparison
For the Footwear & Accessories subindustry, Dr. Martens'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.
Dr. Martens FCF Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Dr. Martens's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Dr. Martens'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.
Dr. Martens (LSE:DOCS) has a FCF Margin % of 32.58% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Dr. Martens and its competitors. This is 105% above median its historical median of 15.90. Over the past decade, Dr. Martens' FCF Margin % has ranged from 2.13 to 22.55. According to the industry distribution chart, Dr. Martens ranks #92 out of 1040 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 8.8%.
Is Dr. Martens' FCF Margin % too high?
Dr. Martens' current FCF Margin % of 32.58% is 105% above median its 10-year median of 15.90. Over the past 10 years, this metric has ranged from a low of 2.13 to a high of 22.55. The Manufacturing - Apparel & Accessories industry median FCF Margin % is 2.25. Dr. Martens' value of 32.58% is 1348% above this industry median. Based on the distribution chart, Dr. Martens ranks #92 out of 1040 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Dr. Martens has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dr. Martens' FCF Margin % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Dr. Martens ranks #92 out of 1040 companies for FCF Margin %. This places Dr. Martens in the top 9% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 2.25. Dr. Martens' value of 32.58% is 1348% above this benchmark. Historically, Dr. Martens' own FCF Margin % has ranged from 2.13 to 22.55 over the past decade. While the company's 10-year median is 15.90 vs. the industry median of 2.25, Dr. Martens 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 Manufacturing - Apparel & Accessories company?
The median FCF Margin % among Manufacturing - Apparel & Accessories companies is 2.25, based on 1,040 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. Dr. Martens's current FCF Margin % of 32.58% is 1348% 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 Dr. Martens and its competitors. For the Manufacturing - Apparel & Accessories industry, the median FCF Margin % is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dr. Martens's current FCF Margin % is 32.58%, which is 105% above median its own 10-year median of 15.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dr. Martens stock overvalued right now?
Based on GuruFocus' analysis, Dr. Martens (LSE:DOCS) is currently considered Fairly Valued. The stock's GF Value™ is £0.72, compared to a current price of £0.70 — trading 2.5% below its estimated fair value. The current FCF Margin % is 32.58%, which is 105% above median its 10-year median of 15.90 and 1348% above the Manufacturing - Apparel & Accessories industry median of 2.25. Dr. Martens' overall GF Score™ is 52/100 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 Dr. Martens (LSE:DOCS), the current FCF Margin % is 32.58% 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 Dr. Martens (LSE:DOCS) Overvalued in 2026?
Based on GuruFocus' analysis, Dr. Martens stock appears to be undervalued.
The current stock price of £0.70 is trading 2.5% below its estimated GF Value™ of £0.72.
GuruFocus considers Dr. Martens to be Fairly Valued.
Key valuation signals for LSE:DOCS:
FCF Margin %: 32.58% (105% above median its 10-year median of 15.90)
GF Value™: £0.72 vs. price of £0.70 (2.5% below fair value)
Industry Position: 1348% above the Manufacturing - Apparel & Accessories median (#92 of 1040)
No single metric tells the full story. See the LSE:DOCS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dr. Martens PLC is engaged in the footwear business. Its product segments include Originals, Fusion, Kids and Casual, and a complementary range of Accessories. The company has sales through E-commerce, Retail, and Wholesale of Products. Geographically, it derives the majority of its revenue from EMEA and has a presence in the Americas and APAC.
52GF Score
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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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