UL FCF Yield: current value, 10-year range and year-by-year history
Cash & Leverage
UL's fcf yield is higher than 82% of the last 10 years.
FCF Yield History
UL FCF Yield by year
Yearly range of UL’s fcf yield from 2016 to 2026. Over the full period it ranged from 6.6% to 14.3%, averaging 9.5%.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | 10.7% | 12.4% | 14.3% | 11.5% |
| 2025 | 9.3% | 10.1% | 12.1% | 12.1% |
| 2024 | 8.4% | 9.6% | 11.2% | 10.2% |
| 2023 | 8.8% | 9.6% | 10.5% | 10.3% |
| 2022 | 10.2% | 11.3% | 12.9% | 10.6% |
| 2021 | 9.9% | 11.0% | 12.0% | 10.9% |
| 2020 | 7.7% | 9.0% | 10.7% | 10.2% |
| 2019 | 7.0% | 7.7% | 8.8% | 8.5% |
| 2018 | 7.1% | 7.9% | 8.8% | 8.6% |
| 2017 | 6.6% | 7.5% | 9.6% | 7.1% |
| 2016 | 6.9% | 7.9% | 8.6% | 8.2% |
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 UL FCF Yield High or Low Right Now?
Unilever PLC's FCF Yield is currently 11.5%, which is historically high relative to its 10-year historical range. The 10-year median FCF Yield for UL is approximately 9.4%. See all UL valuation metrics →
Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.