Aureus
AExcellent

Lyft, Inc.(LYFT)

A

Financial data as of Dec 31, 2025Improving · Industrials

FCF Margin12.6%Free Cash Flow / Revenue
Cash Conversion41.1%Operating CF / Net Income
Free Cash Flow$1.1B
Revenue$6.3B
Net Cash-$144.7MNet debt position
Debt / FCF1.6xManageable debt load
Current Ratio0.65Tight short-term liquidity
YoY FCF Growth+130.6%5 of 5 quarters positive

How This Grade Was Calculated

Base grade from FCF margin, adjusted by financial health factors

BaseA
→
+0.5Healthy FCF margin with manageable debt (12.6%, 1.6x; 1.3x sector-adjusted)
→
-1Current ratio below 1.0 (0.65)
→
-0.5Below-average cash conversion rate (41%)
→
+1Strong YoY FCF growth (130.6% YoY)
→
+1Very low debt-to-FCF ratio (1.6x; 1.3x sector-adjusted)
→
FinalA

Analysis Summary

Strengths

  • Healthy FCF margin (12.6%)
  • Very low debt relative to cash flow (1.6x)
  • Strong YoY FCF growth (+130.6%)

Concerns

  • Weak cash conversion (41%)
  • Net debt position ($0.1B) — 1.6x FCF, manageable
  • Current ratio below 1.0 — tight short-term liquidity
SBC-adjusted FCF used — $0.3B stock-based compensation (29% of reported FCF) subtracted

Financial Breakdown

Key financials compared side by side

Margin Composition

FCF Margin12.6%
Net Margin45.0%
Operating CF Margin18.5%
CapEx Ratio0.8%

Balance Sheet Health

Debt, liquidity, and leverage snapshot

Net Cash-$144.7MNet debt position
Debt / FCF1.6xManageable debt load
Current Ratio0.65Tight liquidity
Debt / Equity0.39Low leverage

Quarterly FCF Trend

+130.6% YoYImproving (+130.6%)

Free cash flow per quarter

Sector Comparison — Industrials

FCF Margin ranked against sector peers

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Detailed Metrics

Company NameLyft, Inc.
SectorIndustrials
Free Cash Flow$1.1B
Revenue$6.3B
Net Income$2.8B
Operating Cash Flow$1.2B
Capital Expenditure$52.8M
FCF Margin12.6%
Cash Conversion Rate41.1%
Net Margin45.0%
Total Debt$1.3B
Total Cash$1.1B
Net Cash-$144.7M
Current Ratio0.65
Debt / Equity0.39
Debt / FCF1.6x
YoY FCF Growth+130.6%
Positive Quarters5 of 5
Trend DirectionImproving
Report DateDec 31, 2025
GradeA
Data SourceYahoo Finance

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