BNS FCF Yield: current value, 10-year range and year-by-year history
Cash & Leverage
BNS's fcf yield is higher than 82% of the last 10 years.
FCF Yield History
BNS FCF Yield by year
Yearly range of BNS’s fcf yield from 2016 to 2026. Over the full period it ranged from -75.9% to 139.3%, averaging 16.6%.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | 3.9% | 19.3% | 35.0% | 32.2% |
| 2025 | 4.0% | 17.1% | 24.6% | 4.0% |
| 2024 | 13.5% | 23.9% | 42.2% | 15.5% |
| 2023 | -12.0% | 18.0% | 46.0% | 40.0% |
| 2022 | -12.2% | 24.2% | 63.5% | 20.6% |
| 2021 | -75.9% | -6.8% | 66.3% | -12.0% |
| 2020 | -13.5% | 66.5% | 139.3% | 65.2% |
| 2019 | -13.2% | -6.1% | 12.0% | -13.2% |
| 2018 | -9.6% | 12.4% | 27.7% | 11.9% |
| 2017 | -10.0% | -0.9% | 18.4% | 18.0% |
| 2016 | 4.0% | 13.0% | 25.1% | 4.2% |
Free cash flow generated divided by market capitalisation. Often more reliable than earnings yield because it reflects actual cash — harder to inflate through accounting choices.
Free Cash Flow / Market Cap × 100%Think of it as the "cash earnings yield" on your investment. High FCF yield vs history suggests the market may be undervaluing the company's real cash generation ability.
- FCF can be lumpy year-to-year due to irregular capex or working capital swings. Look at 3–5 year trends, not single-year readings.
- Businesses intentionally reinvesting for growth will show low or negative FCF yield by design — this metric is less useful for high-growth phase companies.
Is BNS FCF Yield High or Low Right Now?
The Bank of Nova Scotia's FCF Yield is currently 32.2%, which is historically high relative to its 10-year historical range. The 10-year median FCF Yield for BNS is approximately 16.6%. See all BNS valuation metrics →
Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.