Atour Lifestyle Holdings Limited

ATATNASDAQConsumer Cyclical● Active

$33.42

$-0.61(-1.79%)

Market Cap$4.6B

P/E Ratio—

52W High$43.173

52W Low$29.81

Avg Volume1.3M

Open$34.00

Beta0.63

Overview

Atour Lifestyle Holdings Limited (ATAT) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

ATAT · free cash flow · updated Jun 8, 2026

Core FCF metrics

ATAT · FCF · TTM · margin & CAGR

Free cash flow was $1.86B for FY2025 (fiscal year ending 2025-12-31), up 11.1% year-over-year The FCF margin was 18.9%. Five-year CAGR stands at +230.6%.

FY2025 Free Cash Flow$1.86B▲ +11.1% YoY

Trailing 12M (TTM)$2.20Btrailing 4 quarters sum

FCF Margin18.9%$1.86B ÷ revenue

3-Year CAGR+96.5%FY2022 → FY2025

5-Year CAGR+230.6%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

ATAT · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$1.94B(83M)$1.86B▲ +11.1%18.9%

FY2024$1.73B(56M)$1.67B▼ 14.2%23.0%

FY2023$1.99B(42M)$1.95B▲ +696.5%41.7%

FY2022$283.7M(39M)$244.4M▼ 30.5%10.8%

FY2021$417.9M(66M)$351.9M▲ +7392.2%16.4%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

ATAT · P/FCF · FCF yield · FCF per share

Atour Lifestyle Holdings Limited (ATAT) trades at a FCF yield of 7.02% and a price-to-free-cash-flow ratio of 2.1x. FCF per share stands at $15.86, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

7.02%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$15.86

TTM FCF ÷ Shares Outstanding

Price / FCF

x2.1

Share Price ÷ FCF per Share

EV / FCF (TTM)

x13.2

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

ATAT · cash flow statement · operating / investing / financing

For FY2025, Atour Lifestyle Holdings Limited generated $1.94B in operating cash flow and spent 83M in capital expenditures, yielding $1.86B in free cash flow.

Operating Activities

+$1.94B

Cash from core business operations

2025-12-31

Investing Activities

−$1.30B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$899.7M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($1.94B) − |CapEx| (83M) = FCF ($1.86B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Cyclical)

ATAT vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Atour Lifestyle Holdings LimitedYOU

ATAT

$1.86B+11.1%18.9%

Toyota Motor Corporation

Alibaba Group Holding Limited

BABA

−$50.72B-164.9%-5.0%

Loss

Consumer Cyclical · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Atour Lifestyle Holdings Limited (ATAT) reported free cash flow of $1.86B for FY2025 (fiscal year ending 2025-12-31), up 11.1% year-over-year. The FCF margin was 18.9%.

Based on available data, Atour Lifestyle Holdings Limited has maintained positive free cash flow for at least 7 fiscal year(s). FCF peaked at $1.95B in FY2023. The 5-year CAGR stands at +230.6%.

Atour Lifestyle Holdings Limited's FCF yield is 7.02% and price-to-FCF ratio is 2.1x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

ATAT free cash flow · 8 questions

Atour Lifestyle Holdings Limited free cash flow was $1.86B for FY2025, up 11.1% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $2.20B.

ATAT free cash flowATAT FCFATAT FCF 2025ATAT free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Atour Lifestyle Holdings Limited · Atour Lifestyle Holdings Limited SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026