Growth Metrics

American Well (AMWL) FCF Margin (2019 - 2026)

American Well has reported FCF Margin over the past 7 years, most recently at 31.36% for Q4 2025.

  • For Q4 2025, FCF Margin fell 3015.0% year-over-year to 31.36%; the TTM value through Dec 2025 reached 26.45%, up 2366.0%, while the annual FY2025 figure was 26.45%, 2366.0% up from the prior year.
  • FCF Margin for Q4 2025 was 31.36% at American Well, up from 33.34% in the prior quarter.
  • Over five years, FCF Margin peaked at 1.22% in Q4 2024 and troughed at 105.13% in Q1 2024.
  • A 5-year average of 54.48% and a median of 59.45% in 2022 define the central range for FCF Margin.
  • On a YoY basis, FCF Margin climbed as much as 7878bps in 2024 and fell as far as -5956bps in 2024.
  • Year by year, FCF Margin stood at 62.21% in 2021, then increased by 6bps to 58.18% in 2022, then crashed by -37bps to 79.99% in 2023, then soared by 98bps to 1.22% in 2024, then crashed by -2477bps to 31.36% in 2025.
  • Business Quant data shows FCF Margin for AMWL at 31.36% in Q4 2025, 33.34% in Q3 2025, and 6.66% in Q2 2025.