Westpac Banking (STU:WBC) FCF Margin %: -62.92% (As of Mar. 2026)


STU:WBC Westpac Banking Corp STU:WBC
61 GF Score
Price €21.30
GF Value €21.53
Valuation Fairly Valued
! 3 Warning Signs
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What is Westpac Banking FCF Margin %?

Westpac Banking STU:WBC +0.21% 61 FCF Margin % is -62.92% as of Mar. 2026. GuruFocus rates STU:WBC with a GF Score™ of 61/100 and a GF Value™ of €21.53 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,505 Banks companies, Westpac Banking ranks worse than 84.52% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Westpac Banking's Free Cash Flow for the six months ended in Mar. 2026 was €-4,313 Mil. Westpac Banking's Revenue for the six months ended in Mar. 2026 was €6,855 Mil. Therefore, Westpac Banking's FCF Margin % for the quarter that ended in Mar. 2026 was -62.92%.

As of today, Westpac Banking's current FCF Yield % is -8.45%.

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

STU:WBC' s FCF Margin % Range Over the Past 10 Years
Min: -96.28   Med: 57.04   Max: 288.76
Current: -45.45


During the past 13 years, the highest FCF Margin % of Westpac Banking was 288.76%. The lowest was -96.28%. And the median was 57.04%.

STU:WBC's FCF Margin % is ranked worse than
84.52% of 1505 companies
in the Banks industry
Industry Median: 26.42 vs STU:WBC: -45.45


Westpac Banking FCF Margin % Related Terms


Westpac Banking FCF Margin % Historical Data

* Premium members only.

The historical data trend for Westpac Banking'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.

Westpac Banking FCF Margin % Chart

Westpac Banking Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 235.19 76.81 -56.96 -96.28 37.26

Westpac Banking Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 53.89 -240.84 106.35 -27.07 -62.92

STU:WBC vs JPM, BAC, WFC: FCF Margin % Comparison

For the Banks - Diversified subindustry, Westpac Banking'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.


Westpac Banking FCF Margin % vs Banks Industry

For the Banks industry and Financial Services sector, Westpac Banking's FCF Margin % distribution charts can be found below:

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


STU:WBC
61GF Score
Westpac Banking Corp STU:WBC
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Westpac Banking FCF Margin % Calculation

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

Westpac Banking's FCF Margin for the fiscal year that ended in Sep. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Sep. 2025 )/Revenue (A: Sep. 2025 )
=4688.248/12581.612
=37.26 %

Westpac Banking'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 )
=-4313.466/6855.049
=-62.92 %

* 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 -62.92% mean?
Westpac Banking (STU:WBC) has a FCF Margin % of -62.92% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Westpac Banking and its competitors. According to the industry distribution chart, Westpac Banking ranks #1272 out of 1505 companies in the Banks industry, placing it in the top 84.5%.
Is Westpac Banking's FCF Margin % too high?
Westpac Banking's current FCF Margin % is -62.92%. Based on the distribution chart, Westpac Banking ranks #1272 out of 1505 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Westpac Banking has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Westpac Banking's FCF Margin % compare to JPM and BAC?
According to the Banks industry distribution chart, Westpac Banking ranks #1272 out of 1505 companies for FCF Margin %. This places Westpac Banking in the lower half of its industry. The industry median FCF Margin % is 26.42. 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 Banks company?
The median FCF Margin % among Banks companies is 26.42, based on 1,505 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 Westpac Banking and its competitors. For the Banks industry, the median FCF Margin % is 26.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Westpac Banking's current FCF Margin % is -62.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Westpac Banking stock overvalued right now?
Based on GuruFocus' analysis, Westpac Banking (STU:WBC) is currently considered Fairly Valued. The stock's GF Value™ is €21.53, compared to a current price of €21.30 — trading 1.1% below its estimated fair value. The current FCF Margin % is -62.92%. Westpac Banking's overall GF Score™ is 61/100 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 Westpac Banking (STU:WBC), the current FCF Margin % is -62.92% 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 Westpac Banking (STU:WBC) Overvalued in 2026?

Based on GuruFocus' analysis, Westpac Banking stock appears to be undervalued. The current stock price of €21.30 is trading 1.1% below its estimated GF Value™ of €21.53. GuruFocus considers Westpac Banking to be Fairly Valued.

Key valuation signals for STU:WBC:

  • FCF Margin %: -62.92%
  • GF Value™: €21.53 vs. price of €21.30 (1.1% below fair value)
  • GF Score™: 61/100 with 3 warning signs

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


Westpac Banking Business Description

Address 275 Kent Street, Level 18, Sydney, NSW, AUS, 2000
Westpac is Australia's oldest bank and financial services group, with a significant franchise in Australia and New Zealand in the consumer, small business, corporate, and institutional sectors, in addition to its major presence in wealth management. Westpac is among a handful of banks around the globe currently retaining very high credit ratings. The bank benefits from a large national branch network and significant market share, particularly in home loans and retail deposits.
61GF Score

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

€21.30
Price
€21.53
GF Value