TTM
-16.1%
YoY change
+22.24pp
Trough year (2018)
-213.2%
Peak year (2020)
5.1%
Latest annual
-3.6%
FCF Margin history chart for NIO (NIO) from 2018 to 2025
Latest: -3.6%
FCF Margin change chart for NIO (NIO) from 2018 to 2025
Latest: +22.24pp
FCF Margin history table for NIO (NIO) from 2018 to 2025
| 2025 | -3.6% | +22.24pp | ||
| 2024 | -25.8% | +2.42pp | ||
| 2023 | -28.3% | -6.27pp | ||
| 2022 | -22.0% | -16.15pp | ||
| 2021 | -5.8% | -10.91pp | ||
| 2020 | 5.1% | +138.34pp | ||
| 2019 | -133.3% | +79.92pp | ||
| 2018 | -213.2% | — |
- 2025-3.6%+22.24pp
- 2024-25.8%+2.42pp
- 2023-28.3%-6.27pp
- 2022-22.0%-16.15pp
- 2021-5.8%-10.91pp
- 20205.1%+138.34pp
- 2019-133.3%+79.92pp
- 2018-213.2%—
FCF Margin values are taken from NIO's reported income statements (interim 6-K and annual 20-F filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in CNY as filed.
About FCF Margin at NIO (NIO)
According to NIO's latest reported financial statements, the company's latest reported free cash flow margin is -16.1%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, NIO (NIO) free cash flow margin totalled -3.61% – expanded 22.2 percentage points year-over-year.
5.06% stands as the all-time-high annual free cash flow margin, posted in 2020, against a low of -213.20% during 2018.
NIO FCF Margin by Year
NIO FCF Margin 2025: -3.6%
2025's free cash flow margin for NIO came in at -3.61%, expanded 22.2 percentage points from 2024.
NIO FCF Margin 2024: -25.8%
NIO posted free cash flow margin of -25.85% in 2024, expanded 2.4 percentage points from 2023.
NIO FCF Margin 2023: -28.3%
In 2023, NIO reported free cash flow margin of -28.27%, contracted 6.3 percentage points from 2022.
NIO FCF Margin 2022: -22.0%
NIO free cash flow margin in 2022 was -22.00%, contracted 16.2 percentage points from 2021.
NIO FCF Margin 2021: -5.8%
NIO free cash flow margin in 2021 was -5.85%.
See more financial history for NIO (NIO).
Sector peers by FCF Margin
Consumer Cyclical peers of NIO (NIO), ranked by their latest free cash flow margin
| 32.6% | |
| 25.6% | |
| 24.0% | |
| 8.9% | |
| 8.6% | |
| 7.2% | |
| -0.3% | |
| -4.9% |
- 25.6%
- 24.0%
- 8.6%
- 7.2%
- -0.3%
- -4.9%
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