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Clear Secure YOU Free cash flow margin

Free cash flow margin at other companies

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0.9%-6.0pp
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16.2%+9.6pp
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32.4%+9.1pp
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19.5%-1.3pp

Other financials

Income statement

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Revenue$277.8M+26.6%
Operating income$83.0M+94.9%
Net income$50.1M+102%
EPS (diluted)$0.49+88.5%

Balance sheet

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Cash & equivalents$131.1M+42.4%
Total debt$109.8M-4.6%
Total equity$206.2M+70.0%
Total assets$1.6B+33.8%

Cash flow

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Operating cash flow$201.2M+63.6%
CapEx$12.2M+141%
Free cash flow$189.0M+60.3%

Valuation

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Market cap$5.46B+75.0%
Enterprise value$5.44B+73.1%
P/E36.9×+19.3×
P/S5.5×+1.7×

Profitability

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Operating margin25.1%+7.3pp
Net margin14.8%-6.4pp

Returns & leverage

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Return on equity90.3%-38.4pp
Debt / equity0.5×-0.4×
Current ratio+0.2×

Where this comes from

Calculated from Clear Secure’s reported figures.

Based on trailing twelve months.

The source filing: Clear Secure’s 10-Q, filed August 5, 2025. Open the filing →

Filed
Aug 5, 2025
Fiscal quarter
Q2 FY2025
Calendar quarter
Q2 2025
Accession
0001856314-25-000143

FAQ

What is Clear Secure's free cash flow margin?
Clear Secure (YOU) reported free cash flow margin of 39.9% in Q2 2024.
How has Clear Secure's free cash flow margin changed year-over-year?
Clear Secure's free cash flow margin increased by 8.1% year-over-year, from 36.9% to 39.9%.
What is the long-term trend for Clear Secure's free cash flow margin?
Over 3 years (2020 to 2023), Clear Secure's free cash flow margin has grown at a 39.6% compound annual growth rate (CAGR), from -12.5% to 34%.
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.

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