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Where Food Comes From WFCF Free cash flow margin

Free cash flow margin at other companies

Neogen logo
NeogenNEOG
-14%
Phibro Animal Health logo
Phibro Animal HealthPAHC
0.9%-3.3pp
HF Foods Group Inc. logo
HF Foods Group Inc.HFFG
0.3%-0.1pp
Natural Grocers by Vitamin Cottage logo
Natural Grocers by Vitamin CottageNGVC
3.3%
Merck & Co. logo
Merck & Co.MRK
21.5%-5.2pp
UL Solutions logo
UL SolutionsULS
14.5%+4.0pp

Other financials

Income statement

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Revenue$5.4M+1.7%
Gross profit$2.0M-6.9%
Operating income$298.0K+110%
Net income$92.0K+197%
EPS (diluted)$0.02+100%

Balance sheet

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Cash & equivalents$3.3M+46.6%
Total debt$849.0K-65.7%
Total equity$9.2M-4.1%
Total assets$13.2M-13.1%

Cash flow

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Operating cash flow$523.0K-17.2%
CapEx$148.0K+410%
Free cash flow$375.0K-37.8%

Valuation

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Market cap$65.56M+10.9%
Enterprise value$63.13M+8.1%
P/E35.8×-6.3×
P/S2.6×+0.3×

Profitability

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Gross margin37.4%-3.5pp
Operating margin5.7%-2.5pp
Net margin10.6%+3.1pp

Returns & leverage

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Return on equity27.3%+8.4pp
Debt / equity0.1×-0.2×
Current ratio1.9×+0.3×

Where this comes from

Calculated from Where Food Comes From’s reported figures.

Based on trailing twelve months.

The official record: Where Food Comes From’s 10-Q, filed November 13, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Where Food Comes From's free cash flow margin?
Where Food Comes From (WFCF) reported free cash flow margin of 8.6% in Q3 2025.
How has Where Food Comes From's free cash flow margin changed year-over-year?
Where Food Comes From's free cash flow margin decreased by 20.7% year-over-year, from 10.8% to 8.6%.
What is the long-term trend for Where Food Comes From's free cash flow margin?
Over 3 years (2020 to 2024), Where Food Comes From's free cash flow margin has grown at a 1.3% compound annual growth rate (CAGR), from 9.9% to 10.3%.
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.