TM FCF Yield: current value, 10-year range and year-by-year history
Cash & Leverage
TM's fcf yield is lower than 83% of the last 10 years.
FCF Yield History
TM FCF Yield by year
Yearly range of TM’s fcf yield from 2016 to 2026. Over the full period it ranged from -4.4% to 2.9%, averaging -0.9%.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | -2.6% | -0.2% | 1.3% | -2.4% |
| 2025 | -2.0% | -0.7% | 0.4% | 0.4% |
| 2024 | -2.8% | -2.0% | -1.1% | -1.7% |
| 2023 | -3.9% | -2.3% | -1.1% | -1.7% |
| 2022 | -1.0% | -0.8% | -0.6% | -0.7% |
| 2021 | -4.4% | -3.4% | -0.9% | -0.9% |
| 2020 | -4.1% | -1.9% | -1.0% | -4.1% |
| 2019 | -1.9% | -0.0% | 2.2% | -1.9% |
| 2018 | 0.9% | 1.9% | 2.9% | 2.2% |
| 2017 | -0.8% | -0.0% | 1.8% | 1.7% |
| 2016 | 1.3% | 1.6% | 2.8% | 1.4% |
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 TM FCF Yield High or Low Right Now?
Toyota Motor Corporation's FCF Yield is currently -2.4%, which is historically low relative to its 10-year historical range. The 10-year median FCF Yield for TM is approximately -1.0%. See all TM valuation metrics →
Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.