What does free cash flow margin mean?

Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

McEwen Mining MUX Free cash flow margin

Discontinued — last reported Q3 '16

Free cash flow margin at other companies

NewmontNEM

37%+15.4pp

i-80 GoldIAUX

-95.2%-24.5pp

SSR MiningSSRM

20.2%—

Coeur MiningCDE

35.6%—

Freeport-McMoRan Inc.FCX

6.2%-2.2pp

Southern CopperSCCO

29.4%+1.3pp

Other financials

Income statement

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Revenue$74.0M+107%

Gross profit$38.4M+139%

Operating income$41.2M+640%

Net income$33.4M+632%

EPS (diluted)$0.47+492%

Balance sheet

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Cash & equivalents$56.5M-17.5%

Total debt$126.4M+0.7%

Total equity$388.0M—

Total assets$972.6M+33.1%

Cash flow

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Operating cash flow$12.1M+726%

Valuation

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Market cap$1.02B+108%

Enterprise value$1.09B+99.4%

P/E13.7×—

P/S4.3×+1.4×

Profitability

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Gross margin38.2%+6.0pp

Operating margin21.8%+14.6pp

Net margin31.4%+23.1pp

Returns & leverage

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Return on equity-13.4%—

Debt / equity0.1×—

Current ratio1.1×-1.2×

Where this comes from

Calculated from McEwen Mining’s reported figures.

free cash flow/total revenue=38.5%

Based on trailing twelve months.

The official record: McEwen Mining’s 10-Q, filed November 2, 2017, on SEC EDGAR. View the filing →

Questions, answered.

What does free cash flow margin mean?: Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.