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Guardant Health GH Free cash flow yield

Free cash flow yield at other companies

Illumina logo
IlluminaILMN
5.2%-1.8pp
Natera, Inc. logo
Natera, Inc.NTRA
0.4%-0.1pp
Quest Diagnostics logo
Quest DiagnosticsDGX
6.2%+0.5pp
Agilent Technologies logo
Agilent TechnologiesA
3.3%-0.6pp
Labcorp Holdings logo
Labcorp HoldingsLH
6.3%+0.4pp
Abbott logo
AbbottABT
4.1%+1.2pp

Other financials

Income statement

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Revenue$301.7M+48.3%
Gross profit$196.7M+52.8%
Operating income-$121.4M-9.3%
Net income-$112.1M-17.8%
EPS (diluted)-$0.85-10.4%

Balance sheet

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Cash & equivalents$1.1B+37.0%
Total debt$1.7B+30.5%
Total equity-$181.1M+27.8%
Total assets$1.9B+42.5%

Cash flow

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Operating cash flow-$65.6M-4.7%
CapEx$5.6M+25.1%
Free cash flow-$71.2M-6.0%

Valuation

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Market cap$17.12B+130%
Enterprise value$17.72B+121%
P/S15.9×+6.3×

Profitability

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Gross margin64.9%+3.6pp
Operating margin-41.4%-9.4pp
Net margin-40.1%-8.1pp

Returns & leverage

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Return on equity-438.1%-1,655pp
Debt / equity
Current ratio4.7×+0.6×

Where this comes from

Calculated from Guardant Health’s reported figures.

Based on trailing twelve months.

The official record: Guardant Health’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Guardant Health's free cash flow yield?
Guardant Health (GH) reported free cash flow yield of -2% in Q1 2026.
How has Guardant Health's free cash flow yield changed year-over-year?
Guardant Health's free cash flow yield increased by 66.2% year-over-year, from -5.8% to -2%.
What is the long-term trend for Guardant Health's free cash flow yield?
Over 4 years (2021 to 2025), Guardant Health's free cash flow yield has grown at a 20.8% compound annual growth rate (CAGR), from -7.2% to -15.3%.
What does free cash flow yield mean?
The spendable cash the business throws off each year as a percentage of its market price.
How do you interpret free cash flow yield?
Higher yield can mean better value — you pay less for each dollar of cash generated. A useful sanity check against earnings-based multiples, which non-cash items can distort.
How does free cash flow yield compare across companies?
Comparable across cash-generative companies; less meaningful for firms in heavy-investment phases with temporarily negative FCF.