LanzaTech Global (LNZA) FCF Margin (2022 - 2025)
LanzaTech Global's FCF Margin came in at -22.76% for Q4 2025, up 155.38 percentage points from -178.15% a year earlier and up 150.16 percentage points from the prior quarter.
LanzaTech Global (LNZA) FCF Margin (2022 - 2025) Analysis & Trends
For FY2025, LanzaTech Global's FCF Margin was -118.38%, up 71.91 percentage points from FY2024.
- FCF Margin carries a three-year change of +137.19 percentage points (FY2022 to FY2025).
- Going back by year, FCF Margin was -190.30% in FY2024 (-21.29 pp), -169.00% in FY2023 (+86.57 pp) and -255.57% in FY2022.
- The Q4 2025 figure represents the highest quarterly FCF Margin in data going back to Q1 2022.
- Year-over-year, FCF Margin increased in five of the last eight quarters, with an average year-over-year change of +16.52 percentage points.
- The fastest year-over-year change in FCF Margin over five years came in Q3 2023 (a gain of 253.66 percentage points), and the weakest in Q2 2025 (a drop of 146.24 percentage points).
- Business Quant data shows LNZA's FCF Margin at -172.92% (Q3 2025), -240.86% (Q2 2025) and -230.03% (Q1 2025) in the three quarters before Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 77.88 Bn | 69.66 Bn | 1.95 Bn | 11.08% |
| 2 | Veralto | 23.60 Bn | 16.25 Bn | 902.00 Mn | 22.25% |
| 3 | Xylem | 23.57 Bn | 19.05 Bn | 963.00 Mn | 8.60% |
| 4 | Badger Meter | 3.65 Bn | 2.92 Bn | 90.77 Mn | 9.84% |
| 5 | Ceco Environmental | 3.06 Bn | 2.89 Bn | 86.47 Mn | -8.50% |
| 6 | NWPX Infrastructure | 986.65 Mn | 948.13 Mn | 34.36 Mn | 6.18% |
| 7 | Energy Recovery | 345.43 Mn | 20.59 Mn | 8.96 Mn | 128.63% |
| 8 | Cadiz | 301.30 Mn | 269.74 Mn | -24,000.00 | - |
| 9 | AirJoule Technologies | 289.72 Mn | 169.35 Mn | - | - |
| 10 | LanzaTech Global | 77.10 Mn | -38.04 Mn | 1.91 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -22.76% |
| Sep 30, 2025 | -172.92% |
| Jun 30, 2025 | -240.86% |
| Mar 31, 2025 | -230.03% |
| Dec 31, 2024 | -178.15% |
| Sep 30, 2024 | -268.84% |
| Jun 30, 2024 | -94.62% |
| Mar 31, 2024 | -290.60% |
| Dec 31, 2023 | -83.80% |
| Sep 30, 2023 | -123.78% |
| Jun 30, 2023 | -226.50% |
| Mar 31, 2023 | -364.68% |
| Dec 31, 2022 | -151.98% |
| Sep 30, 2022 | -377.44% |
| Jun 30, 2022 | -278.01% |
| Mar 31, 2022 | -254.66% |
LanzaTech Global 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=LNZA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "LNZA", "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=LNZA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();