CareDx (CDNA) FCF Margin (2013 - 2026)
CareDx (CDNA) recorded FCF Margin of 7.97% in Q3 2026, down 28.07 percentage points from 36.03% a year earlier and down 13.82 percentage points from the prior quarter.
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Analysis
CareDx (CDNA) FCF Margin (2013 - 2026) Analysis & Trends
On a TTM basis, CareDx's FCF Margin came in at 12.01% as of Sep 30, 2026, up 1.65 percentage points year-over-year; for FY2025, it was 9.51%, up 0.05 percentage points from FY2024.
- Annual FCF Margin has increased for three straight years, though with a five-year change of -4.19 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at 9.46% in FY2024 (+18.99 pp), -9.54% in FY2023 (+4.91 pp), -14.44% in FY2022 (-3.36 pp) and -11.08% in FY2021 (-24.78 pp).
- Quarterly FCF Margin has ranged from -37.69% in Q1 2022 to 36.03% in Q3 2025 over the past five years.
- On a year-over-year basis, FCF Margin rose in four of the last eight quarters, with an average year-over-year change of +6.87 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 38.74 percentage points in Q4 2024, against a drop of 28.07 percentage points in Q3 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 21.79% (Q2 2026), 0.44% (Q1 2026) and 17.89% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 106.13 Bn | 102.23 Bn | - | 15.64% |
| 2 | Natera | 44.93 Bn | 40.56 Bn | 513.47 Mn | 0.66% |
| 3 | Labcorp Holdings | 29.97 Bn | 28.06 Bn | 1.11 Bn | 10.82% |
| 4 | Quest Diagnostics | 28.09 Bn | 25.85 Bn | 1.04 Bn | 14.37% |
| 5 | Tenet Healthcare | 22.72 Bn | 12.03 Bn | - | 19.23% |
| 6 | Guardant Health | 20.11 Bn | 15.73 Bn | 236.15 Mn | -10.30% |
| 7 | BrightSpring Health Services | 13.90 Bn | 11.66 Bn | 518.55 Mn | 4.33% |
| 8 | Tempus AI | 13.80 Bn | 10.95 Bn | 266.70 Mn | -0.03% |
| 9 | Encompass Health | 13.52 Bn | 13.15 Bn | - | 7.92% |
| 10 | CareDx | 4.09 Bn | 3.10 Bn | 99.08 Mn | 7.97% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.97% |
| Jun 30, 2026 | 21.79% |
| Mar 31, 2026 | 0.44% |
| Dec 31, 2025 | 17.89% |
| Sep 30, 2025 | 36.03% |
| Jun 30, 2025 | 10.25% |
| Mar 31, 2025 | -33.32% |
| Dec 31, 2024 | 23.52% |
| Sep 30, 2024 | 13.08% |
| Jun 30, 2024 | 18.60% |
| Mar 31, 2024 | -23.32% |
| Dec 31, 2023 | -15.21% |
| Sep 30, 2023 | -17.56% |
| Jun 30, 2023 | -4.07% |
| Mar 31, 2023 | -2.72% |
| Dec 31, 2022 | 4.74% |
| Sep 30, 2022 | -15.03% |
| Jun 30, 2022 | -10.57% |
| Mar 31, 2022 | -37.69% |
| Dec 31, 2021 | -2.12% |
API Access
CareDx 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=CDNA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "CDNA", "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=CDNA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();