Daqo New Energy (DQ) FCF Margin (2012 - 2026)
Daqo New Energy (DQ) reported FCF Margin of -163.20% for Q2 2026, down 114.80 percentage points from -48.40% a year earlier but up 281.46 percentage points from the prior quarter.
Daqo New Energy (DQ) FCF Margin (2012 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Daqo New Energy's FCF Margin came in at 3.46%, up 21.58 percentage points year-over-year; for FY2025, it came in at 33.46%, up 40.91 percentage points from FY2024.
- FCF Margin has a five-year change of -15.08 percentage points (FY2020 to FY2025).
- By year, FCF Margin came in at -7.44% in FY2024 (-125.60 pp), 118.16% in FY2023 (+38.57 pp), 79.59% in FY2022 (+11.84 pp) and 67.76% in FY2021 (+19.21 pp).
- Five-year quarterly FCF Margin spans a low of -444.66% in Q1 2026 and a high of 229.73% in Q3 2023.
- Year over year, FCF Margin gained in two of the last eight quarters, with an average year-over-year change of -99.60 percentage points.
- The high point for year-over-year FCF Margin in five years was Q3 2023 (a gain of 183.14 percentage points); the low point was Q1 2026 (a drop of 459.79 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -444.66% (Q1 2026), 68.73% (Q4 2025) and 35.95% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 233.53 Bn | 215.11 Bn | 4.43 Bn | 8.97% |
| 2 | Corning | 112.22 Bn | 104.79 Bn | 1.63 Bn | 28.75% |
| 3 | Sherwin Williams | 81.71 Bn | 80.75 Bn | 3.34 Bn | 18.25% |
| 4 | Air Products & Chemicals | 66.91 Bn | 62.10 Bn | 1.04 Bn | 9.79% |
| 5 | LyondellBasell Industries | 41.47 Bn | 30.98 Bn | 2.04 Bn | 5.25% |
| 6 | Nutrien | 34.04 Bn | 30.87 Bn | 3.25 Bn | 27.52% |
| 7 | Ati | 24.95 Bn | 22.98 Bn | 309.80 Mn | 5.01% |
| 8 | Qnity Electronics | 24.69 Bn | 21.83 Bn | 666.00 Mn | 10.57% |
| 9 | Ppg Industries | 24.10 Bn | 16.76 Bn | 1.81 Bn | 9.97% |
| 10 | Daqo New Energy | 686.65 Mn | -3.78 Bn | -82.71 Mn | -163.20% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -163.20% |
| Mar 31, 2026 | -444.66% |
| Dec 31, 2025 | -87.34% |
| Sep 30, 2025 | 35.95% |
| Jun 30, 2025 | -48.40% |
| Mar 31, 2025 | 15.13% |
| Dec 31, 2024 | -380.49% |
| Sep 30, 2024 | -32.32% |
| Jun 30, 2024 | 50.70% |
| Mar 31, 2024 | 43.43% |
| Dec 31, 2023 | -419.61% |
| Sep 30, 2023 | 83.06% |
| Jun 30, 2023 | 32.69% |
| Mar 31, 2023 | 39.03% |
| Mar 31, 2022 | 7.91% |
| Mar 31, 2021 | 90.34% |
| Dec 31, 2020 | -24.16% |
| Sep 30, 2020 | 19.25% |
| Jun 30, 2020 | 11.94% |
| Mar 31, 2020 | 26.04% |
Daqo New Energy 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=DQ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "DQ", "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=DQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();