NKLAQ (Nikola) FCF Margin %: -2,574.43% (As of Dec. 2024)


What is Nikola FCF Margin %?

Nikola NKLAQ -30.00% FCF Margin % is -2,574.43% as of Dec. 2024.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Nikola's Free Cash Flow for the three months ended in Dec. 2024 was $-125.25 Mil. Nikola's Revenue for the three months ended in Dec. 2024 was $4.87 Mil. Therefore, Nikola's FCF Margin % for the quarter that ended in Dec. 2024 was -2,574.43%.

As of today, Nikola's current FCF Yield % is 0.00%.

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

NKLAQ' s FCF Margin % Range Over the Past 10 Years
Min: -825.59   Med: 0   Max: 0
Current: -825.59

NKLAQ's FCF Margin % is not ranked
in the Farm & Heavy Construction Machinery industry.
Industry Median: 3.15 vs NKLAQ: -825.59

Nikola FCF Margin % Related Terms

Nikola FCF Margin % Historical Data

* Premium members only.

The historical data trend for Nikola'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.

Nikola FCF Margin % Chart

Nikola Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
FCF Margin %
Get a 7-Day Free Trial -181,954.74 0.00 -1,507.93 -1,720.73 -825.59

Nikola Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -1,126.09 -1,761.52 -473.44 -647.06 -2,574.43

NKLAQ vs NMHI, GP, CAT: FCF Margin % Comparison

For the Farm & Heavy Construction Machinery subindustry, Nikola'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.

Nikola FCF Margin % vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Nikola's FCF Margin % distribution charts can be found below:

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


Nikola FCF Margin % Calculation

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

Nikola's FCF Margin for the fiscal year that ended in Dec. 2024 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2024 )/Revenue (A: Dec. 2024 )
=-568.519/68.862
=-825.59 %

Nikola's FCF Margin for the quarter that ended in Dec. 2024 is calculated as

FCF Margin=Free Cash Flow (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=-125.246/4.865
=-2,574.43 %

* 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 -2,574.43% mean?
Nikola (NKLAQ) has a FCF Margin % of -2,574.43% as of Dec. 2024. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Nikola and its competitors.
Is Nikola's FCF Margin % too high?
Nikola's current FCF Margin % is -2,574.43%.
How does Nikola's FCF Margin % compare to NMHI and GP?
Nikola's FCF Margin % of -2,574.43% can be compared against companies in the Farm & Heavy Construction Machinery industry. The industry median FCF Margin % is 3.15. 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 Farm & Heavy Construction Machinery company?
The median FCF Margin % among Farm & Heavy Construction Machinery companies is 3.15, based on 211 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 Nikola and its competitors. For the Farm & Heavy Construction Machinery industry, the median FCF Margin % is 3.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nikola's current FCF Margin % is -2,574.43%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nikola stock overvalued right now?
Nikola (NKLAQ) has a current FCF Margin % of -2,574.43%. The current FCF Margin % is -2,574.43%. 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 Nikola (NKLAQ), the current FCF Margin % is -2,574.43% as of Dec. 2024. 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.

Nikola Business Description

Address P.O. Box 27028, Tempe, AZ, USA, 85285
Nikola Corp is a technology innovator and integrator, working to develop inventive energy and transportation solutions. It works on a business model that enables customers and fleets to integrate next-generation truck technology, hydrogen fueling and charging infrastructure, and related maintenance. It operates in two business units: Truck and Energy. The Truck business unit is engaged in manufacturing and selling FCEV and BEV trucks that provide environmentally friendly, cost-effective solutions to the trucking sector. The Energy business unit is engaged in developing and constructing a network of hydrogen fueling stations to meet the hydrogen fuel demand for the company's customers, as well as other third-party customers.