Axogen (AXGN) FCF Margin (2010 - 2026)
Axogen (AXGN) recorded FCF Margin of 19.97% in Q3 2026, up 17.14 percentage points from 2.83% a year earlier and up 10.90 percentage points from the prior quarter.
Axogen (AXGN) FCF Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Axogen's FCF Margin came in at 8.26% as of Sep 30, 2026, up 6.70 percentage points year-over-year; for FY2025, it came in at -1.30%, down 2.07 percentage points from FY2024.
- Annual FCF Margin has a five-year change of +26.78 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at 0.77% in FY2024 (+13.08 pp), -12.32% in FY2023 (+13.76 pp), -26.08% in FY2022 (+6.28 pp) and -32.36% in FY2021 (-4.28 pp).
- The Q3 2026 figure is the highest quarterly FCF Margin in data going back to Q3 2010.
- On a year-over-year basis, FCF Margin rose in five of the last eight quarters, with an average year-over-year change of +6.53 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 25.68 percentage points in Q1 2026, against a drop of 27.04 percentage points in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 9.07% (Q2 2026), -1.99% (Q1 2026) and 2.99% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 265.71 Bn | 242.23 Bn | 5.13 Bn | 17.41% |
| 2 | Abbott Laboratories | 189.37 Bn | 163.23 Bn | 7.39 Bn | 9.41% |
| 3 | Danaher | 164.78 Bn | 144.43 Bn | 3.84 Bn | 24.89% |
| 4 | Intuitive Surgical | 157.85 Bn | 138.13 Bn | 2.08 Bn | 36.44% |
| 5 | Medtronic | 129.66 Bn | 94.91 Bn | 6.34 Bn | 13.22% |
| 6 | Stryker | 121.82 Bn | 108.01 Bn | 4.25 Bn | 18.77% |
| 7 | Boston Scientific | 63.42 Bn | 58.86 Bn | 3.43 Bn | 16.89% |
| 8 | Edwards Lifesciences | 59.49 Bn | 42.69 Bn | 1.35 Bn | 29.54% |
| 9 | Becton Dickinson | 58.38 Bn | 55.53 Bn | 2.32 Bn | 12.70% |
| 10 | Axogen | 2.79 Bn | 2.19 Bn | 56.73 Mn | 19.97% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 19.97% |
| Jun 30, 2026 | 9.07% |
| Mar 31, 2026 | -1.99% |
| Dec 31, 2025 | 2.99% |
| Sep 30, 2025 | 2.83% |
| Jun 30, 2025 | 12.37% |
| Mar 31, 2025 | -27.67% |
| Dec 31, 2024 | 16.32% |
| Sep 30, 2024 | 6.79% |
| Jun 30, 2024 | 6.79% |
| Mar 31, 2024 | -31.88% |
| Dec 31, 2023 | -3.90% |
| Sep 30, 2023 | -5.00% |
| Jun 30, 2023 | -10.81% |
| Mar 31, 2023 | -31.99% |
| Dec 31, 2022 | -14.54% |
| Sep 30, 2022 | -13.69% |
| Jun 30, 2022 | -28.26% |
| Mar 31, 2022 | -51.89% |
| Dec 31, 2021 | -27.54% |
Axogen FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=AXGN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "AXGN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=AXGN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();