PubMaticPUBM -3.44%77 FCF Margin % is 17.11% as of Mar. 2026, which is 9% above its 10-year median of 15.64. GuruFocus rates PUBM with a GF Score™ of 77/100 and a GF Value™ of $16.86 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,815 Software companies, PubMatic ranks better than 83.3% on this metric.
FCF Margin % is calculated as Free Cash Flow divided by its Revenue. PubMatic's Free Cash Flow for the
three
months ended in Mar. 2026 was $10.7 Mil. PubMatic's Revenue for the
three
months ended in Mar. 2026 was $62.6 Mil. Therefore, PubMatic's FCF Margin % for the quarter that ended in Mar. 2026 was 17.11%.
The historical rank and industry rank for PubMatic's FCF Margin % or its related term are showing as below:
PUBM'
s FCF Margin % Range Over the Past 10 Years
Min: -4.76 Med: 15.64 Max: 21.74
Current: 17.61
During the past 8 years, the highest FCF Margin % of PubMatic was 21.74%. The lowest was -4.76%. And the median was 15.64%.
PUBM's FCF Margin % is ranked better than 83.3% of 2815
companies
in the Software industry
Industry Median: 2.41
vs PUBM: 17.61
PubMatic FCF Margin % Related Terms
PubMatic FCF Margin % Historical Data
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The historical data trend for PubMatic'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.
For the Software - Application subindustry, PubMatic'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.
PubMatic FCF Margin % vs Software Industry
For the Software industry and Technology sector, PubMatic's FCF Margin % distribution charts can be found below:
* The bar in red indicates where PubMatic'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.
PubMatic (PUBM) has a FCF Margin % of 17.11% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on PubMatic and its competitors. This is near median its historical median of 15.64. According to the industry distribution chart, PubMatic ranks #470 out of 2815 companies in the Software industry, placing it in the top 16.7%.
Is PubMatic's FCF Margin % too high?
PubMatic's current FCF Margin % of 17.11% is near median its 10-year median of 15.64. The Software industry median FCF Margin % is 2.41. PubMatic's value of 17.11% is 610% above this industry median. Based on the distribution chart, PubMatic ranks #470 out of 2815 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, PubMatic has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PubMatic's FCF Margin % compare to RBBN and CRNC?
According to the Software industry distribution chart, PubMatic ranks #470 out of 2815 companies for FCF Margin %. This places PubMatic in the top 17% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 2.41. PubMatic's value of 17.11% is 610% above this benchmark. While the company's 10-year median is 15.64 vs. the industry median of 2.41, PubMatic 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 Software company?
The median FCF Margin % among Software companies is 2.41, based on 2,815 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. PubMatic's current FCF Margin % of 17.11% is 610% 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 PubMatic and its competitors. For the Software industry, the median FCF Margin % is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PubMatic's current FCF Margin % is 17.11%, which is near median its own 10-year median of 15.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PubMatic stock overvalued right now?
Based on GuruFocus' analysis, PubMatic (PUBM) is currently considered Possible Value Trap. The stock's GF Value™ is $16.86, compared to a current price of $11.51 — trading 31.8% below its estimated fair value. The current FCF Margin % is 17.11%, which is near median its 10-year median of 15.64 and 610% above the Software industry median of 2.41. PubMatic's overall GF Score™ is 77/100 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 PubMatic (PUBM), the current FCF Margin % is 17.11% 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 PubMatic (PUBM) Overvalued in 2026?
Based on GuruFocus' analysis, PubMatic stock appears to be undervalued.
The current stock price of $11.51 is trading 31.8% below its estimated GF Value™ of $16.86.
GuruFocus considers PubMatic to be Possible Value Trap.
Key valuation signals for PUBM:
FCF Margin %: 17.11% (near median its 10-year median of 15.64)
GF Value™: $16.86 vs. price of $11.51 (31.8% below fair value)
Industry Position: 610% above the Software median (#470 of 2815)
No single metric tells the full story. See the PUBM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PubMatic Inc is is an independent, artificial intelligence-powered advertising technology company that delivers digital advertising performance. Its integrated technology platform connects buyers, publishers, data providers, and commerce media networks on a single, unified platform, to deliver advertising performance, control, transparency and efficiency. Its platform empowers the world's digital content creators (publishers) to maximize monetization of their advertising inventory and audiences and provides control and transparency to buyers, which includes advertisers, agencies, agency trading desks, and demand side platforms (DSPs) (referred as buyers). Geographically, the company generates the majority of its revenue from the United States, followed by EMEA, APAC, and Rest of the World.
77GF Score
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