Nikola Stock

Nikola EV/FCF

Delisted·Dec 24, 2025

The EV/FCF (Enterprise Value to Free Cash Flow) of Nikola (NKLAQ) as of Aug 25, 2026 is -0.17. In the previous year, EV/FCF (Enterprise Value to Free Cash Flow) was -0.45 — a change of -61.58% (higher).

EV/FCF

-0.17

YoY

-61.58%

Last updated:

EV/FCF (Enterprise Value to Free Cash Flow) of Nikola is 2026 -0.17 . EV/FCF (Enterprise Value to Free Cash Flow) of Nikola was 2025 -0.45 . It decreases by -61.58% higher compared to the previous year.

The Nikola EV/FCF history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

EV/FCF
Date
EV/FCF
Jan 1, 2018
1.55 USD
Jan 1, 2019
-0.04 USD
Jan 1, 2020
-0.12 USD
Jan 1, 2021
-0.05 USD
Jan 1, 2022
-0.47 USD
Jan 1, 2023
-0.45 USD
Jan 1, 2024
-0.17 USD
The Nikola EV/FCF history
YEAREV/FCFYoY
-0.17-61.58%
-0.45-3.78%
-0.47+778.96%
-0.05-53.68%
-0.12+209.46%
-0.04-102.40%
1.55
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Nikola Stock analysis

What does Nikola do? Nikola is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Nikola stock

EV/FCF (Enterprise Value to Free Cash Flow) of Nikola is -0.17 in 2026.

EV/FCF (Enterprise Value to Free Cash Flow) of Nikola changed from -0.45 to -0.17, representing a -61.58% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of EV/FCF (Enterprise Value to Free Cash Flow) Nikola since 2006 – with annual values, charts, and detailed analysis.

The EV/FCF ratio measures the enterprise value relative to free cash flow. It captures the true cash-generating ability of a business.

To evaluate EV/FCF (Enterprise Value to Free Cash Flow)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for EV/FCF (Enterprise Value to Free Cash Flow).

A 'good' varies by industry and company stage. On Eulerpool, you can compare EV/FCF (Enterprise Value to Free Cash Flow)'s Nikola with sector peers and the industry average to assess whether it is attractive.

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Valuation — Nikola

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