TENB (Tenable Holdings) FCF Margin %: 31.53% (As of Mar. 2026) — 139% Above Median


TENB Tenable Holdings Inc TENB
69 GF Score
Price $27.86
GF Value $48.77
Valuation Possible Value Trap
! 3 Warning Signs
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What is Tenable Holdings FCF Margin %?

Tenable Holdings TENB +2.05% 69 FCF Margin % is 31.53% as of Mar. 2026, which is 139% above its 10-year median of 13.19. GuruFocus rates TENB with a GF Score™ of 69/100 and a GF Value™ of $48.77 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,811 Software companies, Tenable Holdings ranks better than 91.04% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Tenable Holdings's Free Cash Flow for the three months ended in Mar. 2026 was $83 Mil. Tenable Holdings's Revenue for the three months ended in Mar. 2026 was $262 Mil. Therefore, Tenable Holdings's FCF Margin % for the quarter that ended in Mar. 2026 was 31.53%.

As of today, Tenable Holdings's current FCF Yield % is 8.22%.

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

TENB' s FCF Margin % Range Over the Past 10 Years
Min: -8.86   Med: 13.19   Max: 25.03
Current: 24.71


During the past 10 years, the highest FCF Margin % of Tenable Holdings was 25.03%. The lowest was -8.86%. And the median was 13.19%.

TENB's FCF Margin % is ranked better than
91.04% of 2811 companies
in the Software industry
Industry Median: 2.4 vs TENB: 24.71


Tenable Holdings FCF Margin % Related Terms


Tenable Holdings FCF Margin % Historical Data

* Premium members only.

The historical data trend for Tenable Holdings'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.

Tenable Holdings FCF Margin % Chart

Tenable Holdings 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 16.67 16.39 17.67 22.97 25.03

Tenable Holdings 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 33.55 15.13 20.45 31.05 31.53

TENB vs TDC, NTCT, PAY: FCF Margin % Comparison

For the Software - Infrastructure subindustry, Tenable Holdings'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.


Tenable Holdings FCF Margin % vs Software Industry

For the Software industry and Technology sector, Tenable Holdings's FCF Margin % distribution charts can be found below:

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


TENB
69GF Score
Tenable Holdings Inc TENB
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tenable Holdings FCF Margin % Calculation

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

Tenable Holdings'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 )
=250.174/999.405
=25.03 %

Tenable Holdings'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 )
=82.639/262.058
=31.53 %

* 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 31.53% mean?
Tenable Holdings (TENB) has a FCF Margin % of 31.53% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Tenable Holdings and its competitors. This is 139% above median its historical median of 13.19. According to the industry distribution chart, Tenable Holdings ranks #252 out of 2811 companies in the Software industry, placing it in the top 9%.
Is Tenable Holdings' FCF Margin % too high?
Tenable Holdings' current FCF Margin % of 31.53% is 139% above median its 10-year median of 13.19. The Software industry median FCF Margin % is 2.40. Tenable Holdings' value of 31.53% is 1213.8% above this industry median. Based on the distribution chart, Tenable Holdings ranks #252 out of 2811 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Tenable Holdings has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tenable Holdings' FCF Margin % compare to TDC and NTCT?
According to the Software industry distribution chart, Tenable Holdings ranks #252 out of 2811 companies for FCF Margin %. This places Tenable Holdings in the top 9% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 2.40. Tenable Holdings' value of 31.53% is 1213.8% above this benchmark. While the company's 10-year median is 13.19 vs. the industry median of 2.40, Tenable Holdings 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 2.40, based on 2,811 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. Tenable Holdings's current FCF Margin % of 31.53% is 1213.8% 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 Tenable Holdings and its competitors. For the Software industry, the median FCF Margin % is 2.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tenable Holdings's current FCF Margin % is 31.53%, which is 139% above median its own 10-year median of 13.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tenable Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tenable Holdings (TENB) is currently considered Possible Value Trap. The stock's GF Value™ is $48.77, compared to a current price of $27.86 — trading 42.9% below its estimated fair value. The current FCF Margin % is 31.53%, which is 139% above median its 10-year median of 13.19 and 1213.8% above the Software industry median of 2.40. Tenable Holdings' overall GF Score™ is 69/100 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 Tenable Holdings (TENB), the current FCF Margin % is 31.53% 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 Tenable Holdings (TENB) Overvalued in 2026?

Based on GuruFocus' analysis, Tenable Holdings stock appears to be undervalued. The current stock price of $27.86 is trading 42.9% below its estimated GF Value™ of $48.77. GuruFocus considers Tenable Holdings to be Possible Value Trap.

Key valuation signals for TENB:

  • FCF Margin %: 31.53% (139% above median its 10-year median of 13.19)
  • GF Value™: $48.77 vs. price of $27.86 (42.9% below fair value)
  • GF Score™: 69/100 with 3 warning signs
  • Industry Position: 1213.8% above the Software median (#252 of 2811)

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


Tenable Holdings Business Description

Address 6100 Merriweather Drive, 12th Floor, Columbia, MD, USA, 21044
Founded in 2002, Tenable is a cybersecurity company that began providing vulnerability management solutions under its Nessus software. In recent years, Tenable has expanded its portfolio to provide a broader range of exposure management modules. Solutions include cloud security and compliance, active directory management, operational technology security and advanced vulnerability analytics. The Maryland-based company went public in 2018.
69GF Score

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

$27.86
Price
$48.77
GF Value