What is Myriad Genetics's free cash flow yield?

Myriad Genetics (MYGN) reported free cash flow yield of -6.3% in Q2 2023.

What does free cash flow yield mean?

Trailing-twelve-month free cash flow divided by market capitalization at the quarter end. The cash return the business generates relative to its market price.

Myriad Genetics MYGN Free cash flow yield

Free cash flow yield at other companies

Labcorp HoldingsLH

6.3%+0.4pp

Quest DiagnosticsDGX

6.2%+0.5pp

NeoGenomicsNEO

-2.7%—

VeracyteVCYT

6.1%+2.7pp

Guardant HealthGH

-2%-0.8pp

Natera, Inc.NTRA

0.4%-0.1pp

Other financials

Income statement

See full

Revenue$200.4M+2.3%

Gross profit$137.6M+2.5%

Operating income-$30.7M-5.9%

Net income-$34.1M-34,000%

EPS (diluted)-$0.36—

Balance sheet

See full

Cash & equivalents$126.0M+24.8%

Total debt$211.5M+34.2%

Total equity$337.4M-52.1%

Total assets$673.7M-33.0%

Cash flow

See full

Operating cash flow-$15.7M+3.7%

CapEx$18.8M+181%

Free cash flow-$19.7M+65.1%

Valuation

See full

Market cap$512.85M+13.1%

Enterprise value$598.35M+17.3%

P/S0.6×+0.1×

Profitability

See full

Gross margin70%0.0pp

Operating margin-46.9%-88.3pp

Net margin-48.2%-72.9pp

FCF margin-17%—

Returns & leverage

See full

Return on equity-76.7%-98.4pp

Debt / equity0.6×+0.4×

Current ratio2.4×+0.5×

Where this comes from

Calculated from Myriad Genetics’s reported figures.

free cash flow/market cap=-6.3%

Based on trailing twelve months.

The official record: Myriad Genetics’s 10-Q, filed August 7, 2024, on SEC EDGAR. View the filing →

Ask your AI about Myriad Genetics's free cash flow yield.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Myriad Genetics's free cash flow yield?: Myriad Genetics (MYGN) reported free cash flow yield of -6.3% in Q2 2023.
What does free cash flow yield mean?: Trailing-twelve-month free cash flow divided by market capitalization at the quarter end. The cash return the business generates relative to its market price.