Growth Metrics

Beneficient (BENFW) FCF Margin (2021 - 2025)

Beneficient recorded quarterly FCF Margin of 36.94% in Q4 2025, up 91.86% quarter-over-quarter from 454.0% in Q3 2025, and up 17670.0% year-over-year from N/an in Q4 2024.

Beneficient's FCF Margin history runs 5 years deep, the most recent figure standing at 36.94% for Q4 2025.

  • In Q4 2025, FCF Margin rose 17670.0% year-over-year to 36.94%; the TTM figure through Dec 2025 stood at 174.85% (down 14037.0% YoY), while the FY2025 annual figure 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.
  • A 5-year average of 8018.0% and a median of 163.12% in 2024 frame the typical range for FCF Margin.
  • Across the five-year window, FCF Margin tumbled 10639583 bps in 2023 and jumped 10664936 bps in 2024, its largest moves.
  • Beneficient's FCF Margin stood at 881.87% in 2021, then surged by 59 bps to 358.02% in 2022, then advanced by 15 bps to 305.26% in 2023, then surged by 30 bps to 213.64% in 2024, then jumped by 83 bps to 36.94% in 2025.
  • According to Business Quant data, FCF Margin over the past three periods registered 36.94%, 454.0%, and 85.57% for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - -16.21%
2 Blackstone 92.68 Bn 91.63 Bn - 26.47%
3 Kkr 84.94 Bn 132.45 Bn - 39.82%
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 24.81%
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 32.02%
6 State Street 44.42 Bn 18.75 Bn - -327.00%
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 8.80%
8 Northern Trust 31.21 Bn 31.21 Bn - -24.56%
9 Ares Management 28.85 Bn 32.22 Bn - 27.99%
10 Beneficient - - - -36.94%

Historic Data

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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%