Hims & Hers Health (HIMS) FCF Margin (2020 - 2026)
Hims & Hers Health's FCF Margin was -8.21% in Q2 2026, up 3.75 percentage points from -11.96% a year earlier but down 18.00 percentage points from the prior quarter.
Hims & Hers Health (HIMS) FCF Margin (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Hims & Hers Health's FCF Margin was 3.22% through Jun 30, 2026, down 3.35 percentage points year-over-year; for FY2025, it came in at 3.15%, down 11.03 percentage points from FY2024.
- FCF Margin shows a five-year change of +5.98 percentage points (FY2020 to FY2025).
- In earlier years, FCF Margin was 14.18% in FY2024 (+7.73 pp), 6.45% in FY2023 (+12.00 pp), -5.55% in FY2022 (+7.41 pp) and -12.96% in FY2021 (-10.13 pp).
- Quarterly FCF Margin has moved between -21.73% (Q3 2021) and 20.40% (Q3 2024) over five years.
- Compared with a year earlier, FCF Margin was higher in five of the last eight quarters, with an average year-over-year change of -2.59 percentage points.
- The best year-over-year quarter for FCF Margin over five years was Q3 2022 (a gain of 25.14 percentage points); the worst was Q3 2021 (a drop of 28.13 percentage points).
- Per Business Quant data, HIMS's FCF Margin in the three quarters before Q2 2026 was 9.79% (Q1 2026), 0.31% (Q4 2025) and 13.93% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.08 Bn | 93.52 Bn | - | 5.46% |
| 2 | Natera | 59.53 Bn | 55.21 Bn | 485.19 Mn | -1.15% |
| 3 | Quest Diagnostics | 25.60 Bn | 24.03 Bn | 1.03 Bn | 15.08% |
| 4 | Labcorp Holdings | 24.98 Bn | 22.75 Bn | 1.11 Bn | 8.41% |
| 5 | Guardant Health | 23.75 Bn | 19.81 Bn | 219.03 Mn | -20.76% |
| 6 | Tenet Healthcare | 20.75 Bn | 11.90 Bn | - | 7.41% |
| 7 | Tempus AI | 14.47 Bn | 11.50 Bn | 246.50 Mn | -3.57% |
| 8 | Encompass Health | 12.19 Bn | 12.65 Bn | - | 3.90% |
| 9 | Davita | 11.20 Bn | 9.97 Bn | 1.16 Bn | 9.01% |
| 10 | Hims & Hers Health | 6.70 Bn | 3.90 Bn | 480.80 Mn | -8.21% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -8.21% |
| Mar 31, 2026 | 9.79% |
| Dec 31, 2025 | 0.31% |
| Sep 30, 2025 | 13.93% |
| Jun 30, 2025 | -11.96% |
| Mar 31, 2025 | 9.17% |
| Dec 31, 2024 | 12.86% |
| Sep 30, 2024 | 20.40% |
| Jun 30, 2024 | 15.96% |
| Mar 31, 2024 | 5.48% |
| Dec 31, 2023 | 5.41% |
| Sep 30, 2023 | 9.67% |
| Jun 30, 2023 | 5.84% |
| Mar 31, 2023 | 4.64% |
| Dec 31, 2022 | -4.86% |
| Sep 30, 2022 | 3.42% |
| Jun 30, 2022 | -5.79% |
| Mar 31, 2022 | -19.25% |
| Dec 31, 2021 | -4.32% |
| Sep 30, 2021 | -21.73% |
Hims & Hers Health 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=HIMS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "HIMS", "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=HIMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();