FirstGroup (LSE:FGP) OCF Margin %: 20.54% (As of Mar. 2026) — 52% Above Median


LSE:FGP FirstGroup PLC LSE:FGP
71 GF Score
Price £1.84
GF Value £2.00
Valuation Fairly Valued
! 3 Warning Signs
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What is FirstGroup OCF Margin %?

FirstGroup LSE:FGP -1.29% 71 OCF Margin % is 20.54% as of Mar. 2026, which is 52% above its 10-year median of 13.49. GuruFocus rates LSE:FGP with a GF Score™ of 71/100 and a GF Value™ of £2.00 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,006 Transportation companies, FirstGroup ranks better than 53.68% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. FirstGroup's Cash Flow from Operations for the six months ended in Mar. 2026 was £418 Mil. FirstGroup's Revenue for the six months ended in Mar. 2026 was £2,035 Mil. Therefore, FirstGroup's OCF Margin % for the quarter that ended in Mar. 2026 was 20.54%.

As of today, FirstGroup's current OCF Yield % is 60.93%.

The historical rank and industry rank for FirstGroup's OCF Margin % or its related term are showing as below:

LSE:FGP' s OCF Margin % Range Over the Past 10 Years
Min: -0.42   Med: 13.49   Max: 85.24
Current: 14.21


During the past 13 years, the highest OCF Margin % of FirstGroup was 85.24%. The lowest was -0.42%. And the median was 13.49%.

LSE:FGP's OCF Margin % is ranked better than
53.68% of 1006 companies
in the Transportation industry
Industry Median: 12.945 vs LSE:FGP: 14.21


FirstGroup OCF Margin % Related Terms


FirstGroup OCF Margin % Historical Data

* Premium members only.

The historical data trend for FirstGroup's OCF 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.

FirstGroup OCF Margin % Chart

FirstGroup Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.42 14.86 12.76 16.21 14.21

FirstGroup Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
OCF 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 16.18 13.23 19.30 8.60 20.54

LSE:FGP vs UNP, CSX, NSC: OCF Margin % Comparison

For the Railroads subindustry, FirstGroup's OCF Margin %, along with its competitors' market caps and OCF 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.


FirstGroup OCF Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, FirstGroup's OCF Margin % distribution charts can be found below:

* The bar in red indicates where FirstGroup's OCF Margin % falls into.


LSE:FGP
71GF Score
FirstGroup PLC LSE:FGP
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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FirstGroup OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

FirstGroup's OCF Margin for the fiscal year that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=615.6/4332.7
=14.21 %

FirstGroup's OCF Margin for the quarter that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=418/2035.1
=20.54 %

* 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 OCF Margin % →
What does a OCF Margin % of 20.54% mean?
FirstGroup (LSE:FGP) has a OCF Margin % of 20.54% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on FirstGroup and its competitors. This is 52% above median its historical median of 13.49. According to the industry distribution chart, FirstGroup ranks #466 out of 1006 companies in the Transportation industry, placing it in the top 46.3%.
Is FirstGroup's OCF Margin % too high?
FirstGroup's current OCF Margin % of 20.54% is 52% above median its 10-year median of 13.49. The Transportation industry median OCF Margin % is 12.95. FirstGroup's value of 20.54% is 58.7% above this industry median. Based on the distribution chart, FirstGroup ranks #466 out of 1006 companies in the Transportation industry, which is above the industry midpoint. Overall, FirstGroup has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does FirstGroup's OCF Margin % compare to UNP and CSX?
According to the Transportation industry distribution chart, FirstGroup ranks #466 out of 1006 companies for OCF Margin %. This puts FirstGroup in the upper half of its industry. The industry median OCF Margin % is 12.95. FirstGroup's value of 20.54% is 58.7% above this benchmark. While the company's 10-year median is 13.49 vs. the industry median of 12.95, FirstGroup 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 OCF Margin % for a Transportation company?
The median OCF Margin % among Transportation companies is 12.95, based on 1,006 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. FirstGroup's current OCF Margin % of 20.54% is 58.7% 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on FirstGroup and its competitors. For the Transportation industry, the median OCF Margin % is 12.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FirstGroup's current OCF Margin % is 20.54%, which is 52% above median its own 10-year median of 13.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FirstGroup stock overvalued right now?
Based on GuruFocus' analysis, FirstGroup (LSE:FGP) is currently considered Fairly Valued. The stock's GF Value™ is £2.00, compared to a current price of £1.84 — trading 8.1% below its estimated fair value. The current OCF Margin % is 20.54%, which is 52% above median its 10-year median of 13.49 and 58.7% above the Transportation industry median of 12.95. FirstGroup's overall GF Score™ is 71/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For FirstGroup (LSE:FGP), the current OCF Margin % is 20.54% 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 FirstGroup (LSE:FGP) Overvalued in 2026?

Based on GuruFocus' analysis, FirstGroup stock appears to be undervalued. The current stock price of £1.84 is trading 8.1% below its estimated GF Value™ of £2.00. GuruFocus considers FirstGroup to be Fairly Valued.

Key valuation signals for LSE:FGP:

  • OCF Margin %: 20.54% (52% above median its 10-year median of 13.49)
  • GF Value™: £2.00 vs. price of £1.84 (8.1% below fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 58.7% above the Transportation median (#466 of 1006)

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


FirstGroup Business Description

Other Exchanges FGROY:USAFGPl:UKFGR:Germany
Address 37 North Wharf Road, 8th Floor, The Point, Paddington, London, GBR, W2 1AF
FirstGroup PLC is a passenger transportation company domiciled in the United Kingdom. The company organizes itself into segments: Greyhound, First Bus, and First Rail. The Greyhound segment operates intercity coaches in the United States and Canada. First Bus operates buses in the United Kingdom. First Rail operates passenger trains in the United Kingdom. The company derives the majority of its revenue from the United Kingdom.
71GF Score

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

£1.84
Price
£2.00
GF Value