Keel Infrastructure (KEEL) FCF Margin (2020 - 2026)
Keel Infrastructure (KEEL) recorded FCF Margin of -315.53% in Q2 2026, down 161.84 percentage points from -153.69% a year earlier and down 112.75 percentage points from the prior quarter.
Keel Infrastructure (KEEL) FCF Margin (2020 - 2026) Analysis & Trends
On a TTM basis, Keel Infrastructure's FCF Margin came in at -181.85% as of Jun 30, 2026, up 84.41 percentage points year-over-year; for FY2025, it was -142.58%, up 179.04 percentage points from FY2024.
- Annual FCF Margin has a five-year change of -176.22 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at -321.61% in FY2024 (-192.61 pp), -129.01% in FY2023 (+64.47 pp), -193.47% in FY2022 (-231.73 pp) and 38.26% in FY2021 (+4.61 pp).
- Quarterly FCF Margin has ranged from -1460.77% in Q4 2022 to 430.50% in Q2 2024 over the past five years.
- On a year-over-year basis, FCF Margin rose in two of the last six quarters, with an average year-over-year change of -124.03 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 1008.95 percentage points in Q4 2023, against a drop of 1528.72 percentage points in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at -202.78% (Q1 2026), -470.80% (Q4 2025) and 113.63% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 49.49 Bn | 7.72 Bn | - | 20.44% |
| 2 | Block | 46.34 Bn | 17.64 Bn | 3.17 Bn | 14.61% |
| 3 | Coinbase Global | 44.39 Bn | 1.20 Bn | - | 16.17% |
| 4 | Corpay | 26.40 Bn | 16.28 Bn | - | 105.74% |
| 5 | Fiserv | 25.40 Bn | 22.08 Bn | 2.90 Bn | 18.61% |
| 6 | Global Payments | 22.86 Bn | 652.84 Mn | 2.03 Bn | 12.86% |
| 7 | Guidewire Software | 14.45 Bn | 11.02 Bn | 269.68 Mn | 68.54% |
| 8 | Bitmine Immersion Technologies | 11.93 Bn | 9.31 Bn | 40.81 Mn | 62.27% |
| 9 | Chime Financial | 11.25 Bn | 7.04 Bn | 594.87 Mn | 29.49% |
| 10 | Keel Infrastructure | 1.43 Bn | 1.43 Bn | -86.75 Mn | -315.53% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -315.53% |
| Mar 31, 2026 | -202.78% |
| Dec 31, 2025 | -470.80% |
| Sep 30, 2025 | 113.63% |
| Jun 30, 2025 | -153.69% |
| Mar 31, 2025 | -130.49% |
| Dec 31, 2024 | -888.63% |
| Sep 30, 2024 | -297.72% |
| Jun 30, 2024 | 430.50% |
| Mar 31, 2024 | -55.27% |
| Dec 31, 2023 | -451.82% |
| Sep 30, 2023 | 92.81% |
| Jun 30, 2023 | 34.85% |
| Mar 31, 2023 | 30.39% |
| Dec 31, 2022 | -1,460.77% |
| Sep 30, 2022 | -4.23% |
| Jun 30, 2022 | 304.56% |
| Mar 31, 2022 | -16.27% |
| Dec 31, 2021 | 67.95% |
| Sep 30, 2021 | 28.67% |
Keel Infrastructure 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=KEEL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "KEEL", "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=KEEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();