NTOIY (Neste OYJ) FCF Margin %: 10.30% (As of Mar. 2026) — 100% Above Median


NTOIY Neste OYJ NTOIY
78 GF Score
Price $14.89
GF Value $10.76
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Neste OYJ FCF Margin %?

Neste OYJ NTOIY -2.93% 78 FCF Margin % is 10.30% as of Mar. 2026, which is 100% above its 10-year median of 5.15. GuruFocus rates NTOIY with a GF Score™ of 78/100 and a GF Value™ of $10.76 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 905 Oil & Gas companies, Neste OYJ ranks better than 65.64% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Neste OYJ's Free Cash Flow for the three months ended in Mar. 2026 was $615 Mil. Neste OYJ's Revenue for the three months ended in Mar. 2026 was $5,969 Mil. Therefore, Neste OYJ's FCF Margin % for the quarter that ended in Mar. 2026 was 10.30%.

As of today, Neste OYJ's current FCF Yield % is 8.06%.

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

NTOIY' s FCF Margin % Range Over the Past 10 Years
Min: -2.12   Med: 5.15   Max: 11.02
Current: 8.27


During the past 13 years, the highest FCF Margin % of Neste OYJ was 11.02%. The lowest was -2.12%. And the median was 5.15%.

NTOIY's FCF Margin % is ranked better than
65.64% of 905 companies
in the Oil & Gas industry
Industry Median: 3.31 vs NTOIY: 8.27


Neste OYJ FCF Margin % Related Terms


Neste OYJ FCF Margin % Historical Data

* Premium members only.

The historical data trend for Neste OYJ'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.

Neste OYJ FCF Margin % Chart

Neste OYJ 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 6.71 -2.12 3.70 -1.93 4.34

Neste OYJ Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -4.54 4.81 0.51 16.39 10.30

NTOIY vs VLO, MPC, PSX: FCF Margin % Comparison

For the Oil & Gas Refining & Marketing subindustry, Neste OYJ'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.


Neste OYJ FCF Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Neste OYJ's FCF Margin % distribution charts can be found below:

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


NTOIY
78GF Score
Neste OYJ NTOIY
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Neste OYJ FCF Margin % Calculation

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

Neste OYJ'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 )
=966.042/22266.979
=4.34 %

Neste OYJ's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=615.029/5968.786
=10.30 %

* 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 10.30% mean?
Neste OYJ (NTOIY) has a FCF Margin % of 10.30% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Neste OYJ and its competitors. This is 100% above median its historical median of 5.15. According to the industry distribution chart, Neste OYJ ranks #311 out of 905 companies in the Oil & Gas industry, placing it in the top 34.4%.
Is Neste OYJ's FCF Margin % too high?
Neste OYJ's current FCF Margin % of 10.30% is 100% above median its 10-year median of 5.15. The Oil & Gas industry median FCF Margin % is 3.31. Neste OYJ's value of 10.30% is 211.2% above this industry median. Based on the distribution chart, Neste OYJ ranks #311 out of 905 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Neste OYJ has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Neste OYJ's FCF Margin % compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Neste OYJ ranks #311 out of 905 companies for FCF Margin %. This puts Neste OYJ in the upper half of its industry. The industry median FCF Margin % is 3.31. Neste OYJ's value of 10.30% is 211.2% above this benchmark. While the company's 10-year median is 5.15 vs. the industry median of 3.31, Neste OYJ 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 an Oil & Gas company?
The median FCF Margin % among Oil & Gas companies is 3.31, based on 905 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. Neste OYJ's current FCF Margin % of 10.30% is 211.2% 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 Neste OYJ and its competitors. For the Oil & Gas industry, the median FCF Margin % is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neste OYJ's current FCF Margin % is 10.30%, which is 100% above median its own 10-year median of 5.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neste OYJ stock overvalued right now?
Based on GuruFocus' analysis, Neste OYJ (NTOIY) is currently considered Significantly Overvalued. The stock's GF Value™ is $10.76, compared to a current price of $14.89 — trading 38.4% above its estimated fair value. The current FCF Margin % is 10.30%, which is 100% above median its 10-year median of 5.15 and 211.2% above the Oil & Gas industry median of 3.31. Neste OYJ's overall GF Score™ is 78/100 with 6 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 Neste OYJ (NTOIY), the current FCF Margin % is 10.30% 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 Neste OYJ (NTOIY) Overvalued in 2026?

Based on GuruFocus' analysis, Neste OYJ stock appears to be overvalued. The current stock price of $14.89 is trading 38.4% above its estimated GF Value™ of $10.76. GuruFocus considers Neste OYJ to be Significantly Overvalued.

Key valuation signals for NTOIY:

  • FCF Margin %: 10.30% (100% above median its 10-year median of 5.15)
  • GF Value™: $10.76 vs. price of $14.89 (38.4% above fair value)
  • GF Score™: 78/100 with 6 warning signs
  • Industry Position: 211.2% above the Oil & Gas median (#311 of 905)

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


Neste OYJ Business Description

Industry EnergyOil & Gas
Address Keilaranta 21, Espoo, FIN, 02150
Neste OYJ is a producer of renewable diesel and sustainable aviation fuel (SAF), with production on three continents. The group also produces oil products and has a network of several fuel stations with expanding service offerings, such as EV charging, in Finland and in the Baltics. Neste has three reporting segments: Renewable Products, Oil Products, and Marketing and Services. Maximum revenue is generated from its Oil Products segment, which offers oil products and related services for the road transportation, heavy machinery, agriculture, aviation, and marine sectors, as well as products for the oil and petrochemical industries. Geographically, the group generates maximum revenue from other European countries (excluding Finland), followed by Finland, the USA, and other markets.
78GF Score

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

$14.89
Price
$10.76
GF Value