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ASHTF (Ashtead Group) FCF Yield % : 3.11 (As of Dec. 12, 2024)


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What is Ashtead Group FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Ashtead Group's Trailing 12-Month Free Cash Flow is $931 Mil, and Market Cap is $30,095 Mil. Therefore, Ashtead Group's FCF Yield % for today is 3.11%.

The historical rank and industry rank for Ashtead Group's FCF Yield % or its related term are showing as below:

ASHTF' s FCF Yield % Range Over the Past 10 Years
Min: -2.52   Med: 3.14   Max: 9.9
Current: 3.11


During the past 13 years, the highest FCF Yield % of Ashtead Group was 9.90%. The lowest was -2.52%. And the median was 3.14%.

ASHTF's FCF Yield % is ranked worse than
56.81% of 1072 companies
in the Business Services industry
Industry Median: 2.98 vs ASHTF: 3.11

Ashtead Group's FCF Margin % for the quarter that ended in Oct. 2024 was 8.17%.


Ashtead Group FCF Yield % Historical Data

The historical data trend for Ashtead Group's FCF Yield % 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.

* Premium members only.

Ashtead Group FCF Yield % Chart

Ashtead Group Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.80 5.98 4.90 1.96 0.53

Ashtead Group Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
FCF Yield % 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 -3.62 -1.88 8.48 1.91 2.93

Competitive Comparison of Ashtead Group's FCF Yield %

For the Rental & Leasing Services subindustry, Ashtead Group's FCF Yield %, along with its competitors' market caps and FCF Yield % 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.


Ashtead Group's FCF Yield % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Ashtead Group's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Ashtead Group's FCF Yield % falls into.



Ashtead Group FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Ashtead Group's FCF Yield % for the fiscal year that ended in Apr. 2024 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=169 / 32021.911675
=0.53%

Ashtead Group's annualized FCF Yield % for the quarter that ended in Oct. 2024 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=240.3 * 4 / 32769.33
=2.93%

* 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.


Ashtead Group FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Ashtead Group FCF Yield % Related Terms

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Ashtead Group Business Description

Traded in Other Exchanges
Address
100 Cheapside, London, GBR, EC2V 6DT
Ashtead is an equipment rental business with operations in the US, Canada, and United Kingdom, operating under the Sunbelt Rentals brand. Earnings are mostly derived from the US where Sunbelt enjoy a number-two market position with a 13% share in a highly fragmented market consisting of national, regional, and independent competitors. Ashtead rents a range of construction, industrial, and general equipment such as aerial lifts, hand-held tools, and forklifts across its more than 1,550 rental stores worldwide.

Ashtead Group Headlines