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Iridium Communications (FRA:6IC) FCF Yield % : 6.82 (As of May. 07, 2024)


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What is Iridium Communications FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Iridium Communications's Trailing 12-Month Free Cash Flow is €233.1 Mil, and Market Cap is €3,439.4 Mil. Therefore, Iridium Communications's FCF Yield % for today is 6.82%.

The historical rank and industry rank for Iridium Communications's FCF Yield % or its related term are showing as below:

FRA:6IC' s FCF Yield % Range Over the Past 10 Years
Min: -62.45   Med: -5.85   Max: 8.25
Current: 6.82


During the past 13 years, the highest FCF Yield % of Iridium Communications was 8.25%. The lowest was -62.45%. And the median was -5.85%.

FRA:6IC's FCF Yield % is ranked better than
63.08% of 390 companies
in the Telecommunication Services industry
Industry Median: 3.935 vs FRA:6IC: 6.82

Iridium Communications's FCF Margin % for the quarter that ended in Mar. 2024 was 27.89%.


Iridium Communications FCF Yield % Historical Data

The historical data trend for Iridium Communications's FCF Yield % 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.

* Premium members only.

Iridium Communications FCF Yield % Chart

Iridium Communications Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.45 4.18 4.70 4.24 4.85

Iridium Communications Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
FCF Yield % 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 2.44 3.37 4.18 5.75 7.12

Competitive Comparison of Iridium Communications's FCF Yield %

For the Telecom Services subindustry, Iridium Communications's FCF Yield %, along with its competitors' market caps and FCF Yield % 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.


Iridium Communications's FCF Yield % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Iridium Communications's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Iridium Communications's FCF Yield % falls into.



Iridium Communications FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Iridium Communications's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=221.387 / 4567.2672
=4.85%

Iridium Communications's annualized FCF Yield % for the quarter that ended in Mar. 2024 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=52.313 * 4 / 2937.67845
=7.12%

* 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.


Iridium Communications FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Iridium Communications FCF Yield % Related Terms

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Iridium Communications (FRA:6IC) Business Description

Traded in Other Exchanges
Address
1750 Tysons Boulevard, Suite 1400, McLean, VA, USA, 22102
Iridium Communications Inc offers voice and data communications services and products to businesses, U.S. and international government agencies, and other customers on a global basis. The company is a provider of mobile voice and data communications services through a constellation of low earth-orbiting satellites. Reaching across land, sea, and air, including the polar regions, Iridium's solutions are ideally suited for industries such as maritime, aviation, government/military, emergency/humanitarian services, mining, forestry, oil and gas, heavy equipment, transportation, and utilities. Iridium also provides service to subscribers from the U.S. Department of Defense, as well as other civil and government agencies around the world.

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