Beneficient (BENF) FCF Margin (2021 - 2025)

Beneficient's (BENF) quarterly FCF Margin came in at 36.94% in Q4 2025, up 17670.0% year-on-year from N/an in Q4 2024, and up 91.86% quarter-over-quarter from 454.0% in Q3 2025.

Beneficient (BENF) FCF Margin (2021 - 2025) Analysis & Trends

Beneficient has disclosed FCF Margin across 5 years of filings, most recently posting 36.94% for Q4 2025.

  • FCF Margin for Q4 2025 came in at 36.94%, up 17670.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 174.85% (down 14037.0% YoY), and the FY2025 annual result was 596.95%, down 53619.0% from the prior year.
  • FCF Margin came in at 36.94% for Q4 2025 at Beneficient, up from 454.0% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 51.85% in Q1 2025 to a low of 106753.85% in Q3 2023.
  • The 5-year median for FCF Margin is 163.12% (2024), against an average of 8018.0%.
  • Across the five-year window, FCF Margin plunged 10639583 bps in 2023 and soared 10664936 bps in 2024, its largest moves.
  • Beneficient's FCF Margin stood at 881.87% in 2021, then jumped by 59 bps to 358.02% in 2022, then gained by 15 bps to 305.26% in 2023, then jumped by 30 bps to 213.64% in 2024, then soared by 83 bps to 36.94% in 2025.
  • The last three FCF Margin figures came in at 36.94% (Q4 2025), 454.0% (Q3 2025), and 85.57% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 BlackRock 160.20 Bn 150.57 Bn - -16.21%
2 Blackstone 96.40 Bn 95.35 Bn - 26.47%
3 Kkr 85.87 Bn 133.39 Bn - 39.82%
4 Apollo Global Management 79.90 Bn 98.63 Bn 5.04 Bn 32.02%
5 State Street 46.62 Bn 20.95 Bn - -327.00%
6 Ameriprise Financial 42.78 Bn 42.65 Bn 4.57 Bn 8.80%
7 Northern Trust 32.35 Bn 32.35 Bn - -24.56%
8 Ares Management 30.25 Bn 33.62 Bn - 27.99%
9 Raymond James Financial 30.24 Bn 18.99 Bn - 24.73%
10 Beneficient 83.98 Mn 110.42 Mn - -36.94%

Historic Data

Download Data
DateValue
Dec 31, 2025 -36.94%
Sep 30, 2025 -454.00%
Jun 30, 2025 -85.57%
Mar 31, 2025 51.85%
Dec 31, 2024 -213.64%
Sep 30, 2024 -104.48%
Jun 30, 2024 -112.59%
Mar 31, 2024 -10.00%
Dec 31, 2023 -305.26%
Sep 30, 2023 -106,753.85%
Jun 30, 2023 -2,886.60%
Sep 30, 2022 -358.02%
Jun 30, 2022 -101.01%
Mar 31, 2021 -881.87%