NKLAQ (Nikola) FCF Yield %: 0.00 (As of Jun. 30, 2026)


What is Nikola FCF Yield %?

Nikola NKLAQ -30.00% FCF Yield % is 0.00 as of Jun. 30, 2026.

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, Nikola's Trailing 12-Month Free Cash Flow is $-568.52 Mil, and Market Cap is $0.84 Mil. Therefore, Nikola's FCF Yield % for today is 0.00%.

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


NKLAQ's FCF Yield % is not ranked *
in the Farm & Heavy Construction Machinery industry.
Industry Median: 2.795
* Ranked among companies with meaningful FCF Yield % only.

Nikola's FCF Margin % for the quarter that ended in Dec. 2024 was -2,574.43%.

Nikola 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.

Nikola FCF Yield % Related Terms

Nikola FCF Yield % Historical Data

* Premium members only.

The historical data trend for Nikola'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.

Nikola FCF Yield % Chart

Nikola Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
FCF Yield %
Get a 7-Day Free Trial -2.90 -11.92 -67.68 -53.00 -413.13

Nikola Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -44.64 -37.83 -149.40 -257.41 -364.06

NKLAQ vs NMHI, GP, CAT: FCF Yield % Comparison

For the Farm & Heavy Construction Machinery subindustry, Nikola'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.

Nikola FCF Yield % vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Nikola's FCF Yield % distribution charts can be found below:

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


Nikola 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.

Nikola's FCF Yield % for the fiscal year that ended in Dec. 2024 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=-568.519 / 137.6116
=-413.13%

Nikola's annualized FCF Yield % for the quarter that ended in Dec. 2024 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=-125.246 * 4 / 137.6116
=-364.06%

* 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 Yield % →
What does a FCF Yield % of 0.00 mean?
Nikola (NKLAQ) has a FCF Yield % of 0.00 as of Jun. 30, 2026. FCF Yield is calculated as Free Cash Flow divided by Market Capitalization. View historical data on Nikola and its competitors.
Is Nikola's FCF Yield % too high?
Nikola's current FCF Yield % is 0.00.
How does Nikola's FCF Yield % compare to NMHI and GP?
Nikola's FCF Yield % of 0.00 can be compared against companies in the Farm & Heavy Construction Machinery industry. The industry median FCF Yield % is 2.80. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Yield % for a Farm & Heavy Construction Machinery company?
The median FCF Yield % among Farm & Heavy Construction Machinery companies is 2.80, based on 212 companies in the industry. Companies in the top quartile (top 25%) have a FCF Yield % significantly above this median, while those in the bottom quartile fall well below. However, FCF Yield % 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 Yield % mean?
A high FCF Yield % can signal that a stock is expensive relative to its fundamentals. FCF Yield is calculated as Free Cash Flow divided by Market Capitalization. View historical data on Nikola and its competitors. For the Farm & Heavy Construction Machinery industry, the median FCF Yield % is 2.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nikola's current FCF Yield % is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nikola stock overvalued right now?
Nikola (NKLAQ) has a current FCF Yield % of 0.00. The current FCF Yield % is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Yield % calculated?
FCF Yield % is calculated from a company's financial statements. For Nikola (NKLAQ), the current FCF Yield % is 0.00 as of Jun. 30, 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.

Nikola Business Description

Address P.O. Box 27028, Tempe, AZ, USA, 85285
Nikola Corp is a technology innovator and integrator, working to develop inventive energy and transportation solutions. It works on a business model that enables customers and fleets to integrate next-generation truck technology, hydrogen fueling and charging infrastructure, and related maintenance. It operates in two business units: Truck and Energy. The Truck business unit is engaged in manufacturing and selling FCEV and BEV trucks that provide environmentally friendly, cost-effective solutions to the trucking sector. The Energy business unit is engaged in developing and constructing a network of hydrogen fueling stations to meet the hydrogen fuel demand for the company's customers, as well as other third-party customers.