Grail (GRAL) FCF Margin (2023 - 2026)
Grail's FCF Margin was -181.62% in Q2 2026, up 35.95 percentage points from -217.57% a year earlier and up 32.90 percentage points from the prior quarter.
Grail (GRAL) FCF Margin (2023 - 2026) Analysis & Trends
On a trailing twelve-month basis, Grail's FCF Margin was -188.39% through Jun 30, 2026, up 88.45 percentage points year-over-year; for FY2025, it was -203.79%, up 259.90 percentage points from FY2024.
- FCF Margin has now increased for three consecutive years, with a three-year change of +847.83 percentage points (FY2022 to FY2025).
- In earlier years, FCF Margin was -463.68% in FY2024 (+190.08 pp), -653.76% in FY2023 (+397.85 pp) and -1051.61% in FY2022.
- Quarterly FCF Margin has moved between -785.28% (Q1 2024) and -143.44% (Q4 2023) over five years.
- Compared with a year earlier, FCF Margin was higher in six of the last seven quarters, with an average year-over-year change of +204.03 percentage points.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 100.89 Bn | 96.90 Bn | - | 5.46% |
| 2 | Natera | 56.39 Bn | 52.08 Bn | 485.19 Mn | -1.15% |
| 3 | Quest Diagnostics | 26.08 Bn | 24.21 Bn | 1.03 Bn | 15.08% |
| 4 | Labcorp Holdings | 26.01 Bn | 23.76 Bn | 1.11 Bn | 8.41% |
| 5 | Tenet Healthcare | 22.37 Bn | 11.38 Bn | - | 7.41% |
| 6 | Guardant Health | 21.03 Bn | 17.09 Bn | 219.03 Mn | -20.76% |
| 7 | Fresenius Medical Care AG | 12.90 Bn | 4.86 Bn | 1.52 Bn | 12.75% |
| 8 | Encompass Health | 12.62 Bn | 12.28 Bn | - | 3.90% |
| 9 | BrightSpring Health Services | 12.53 Bn | 10.86 Bn | 492.75 Mn | 0.38% |
| 10 | Grail | 5.08 Bn | 1.95 Bn | 20.91 Mn | -181.62% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -181.62% |
| Mar 31, 2026 | -214.52% |
| Sep 30, 2025 | -175.80% |
| Jun 30, 2025 | -217.57% |
| Mar 31, 2025 | -298.63% |
| Dec 31, 2024 | -245.20% |
| Sep 30, 2024 | -368.39% |
| Jun 30, 2024 | -541.71% |
| Mar 31, 2024 | -785.28% |
| Dec 31, 2023 | -143.44% |
| Oct 1, 2023 | -774.93% |
Grail 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=GRAL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "GRAL", "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=GRAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();