Liquidia (LQDA) FCF Margin (2020 - 2026)
Liquidia (LQDA) recorded FCF Margin of 40.20% in Q2 2026, up 498.93 percentage points from -458.73% a year earlier and up 2.44 percentage points from the prior quarter.
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Analysis
Liquidia (LQDA) FCF Margin (2020 - 2026) Analysis & Trends
On a TTM basis, Liquidia's FCF Margin came in at 33.42% as of Jun 30, 2026, up 656.94 percentage points year-over-year; for FY2025, it was -25.28%, up 677.57 percentage points from FY2024.
- Annual FCF Margin has a five-year change of +7396.91 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at -702.85% in FY2024 (-457.80 pp), -245.05% in FY2023 (-61.93 pp), -183.12% in FY2022 (+82.52 pp) and -265.63% in FY2021 (+7156.56 pp).
- Quarterly FCF Margin has ranged from -993.88% in Q1 2025 to 45.87% in Q4 2025 over the past five years.
- On a year-over-year basis, FCF Margin has increased for five consecutive quarters, with an average year-over-year change of +287.62 percentage points over the last eight quarters.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 1674.29 percentage points in Q4 2021, against a drop of 661.30 percentage points in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 37.75% (Q1 2026), 45.87% (Q4 2025) and -19.66% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 28.82% |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | 18.33% |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | 26.96% |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | 43.05% |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | 34.72% |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 34.70% |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | 44.00% |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 2.01% |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | 30.39% |
| 10 | Liquidia | 6.56 Bn | 5.71 Bn | 160.13 Mn | 40.20% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.20% |
| Mar 31, 2026 | 37.75% |
| Dec 31, 2025 | 45.87% |
| Sep 30, 2025 | -19.66% |
| Jun 30, 2025 | -458.73% |
| Mar 31, 2025 | -993.88% |
| Dec 31, 2024 | -757.66% |
| Sep 30, 2024 | -603.17% |
| Jun 30, 2024 | -654.58% |
| Mar 31, 2024 | -857.67% |
| Dec 31, 2023 | -357.27% |
| Sep 30, 2023 | -327.24% |
| Jun 30, 2023 | -121.33% |
| Mar 31, 2023 | -196.37% |
| Dec 31, 2022 | -95.04% |
| Sep 30, 2022 | -185.40% |
| Jun 30, 2022 | -215.31% |
| Mar 31, 2022 | -280.13% |
| Dec 31, 2021 | -235.74% |
| Sep 30, 2021 | -183.42% |
API Access
Liquidia 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=LQDA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "LQDA", "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=LQDA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();