CM FCF Yield: current value, 10-year range and year-by-year history
Cash & Leverage
CM's fcf yield is lower than 65% of the last 10 years.
FCF Yield History
CM FCF Yield by year
Yearly range of CM’s fcf yield from 2016 to 2026. Over the full period it ranged from -24.0% to 167.1%, averaging 29.0%.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | -1.0% | 7.5% | 14.4% | 10.3% |
| 2025 | 10.6% | 21.0% | 34.1% | 10.9% |
| 2024 | 6.5% | 16.1% | 36.4% | 11.6% |
| 2023 | 14.6% | 32.0% | 45.0% | 18.9% |
| 2022 | -6.3% | 23.0% | 44.4% | 43.5% |
| 2021 | -24.0% | 26.9% | 124.3% | -6.3% |
| 2020 | 26.8% | 104.9% | 167.1% | 123.2% |
| 2019 | 19.4% | 25.7% | 38.0% | 38.0% |
| 2018 | 4.6% | 20.3% | 25.8% | 21.3% |
| 2017 | -1.4% | 5.7% | 23.3% | 4.7% |
| 2016 | 22.5% | 26.2% | 29.0% | 23.6% |
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 CM FCF Yield High or Low Right Now?
Canadian Imperial Bank of Commerce's FCF Yield is currently 10.3%, which is below average relative to its 10-year historical range. The 10-year median FCF Yield for CM is approximately 21.5%. See all CM valuation metrics →
Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.