MediaAlpha, Inc. (MAX) FCF Margin (2019 - 2026)
MediaAlpha (MAX) recorded FCF Margin of 13.20% in Q2 2026, up 3.04 percentage points from 10.15% a year earlier and up 13.71 percentage points from the prior quarter.
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Analysis
MediaAlpha, Inc. (MAX) FCF Margin (2019 - 2026) Analysis & Trends
On a TTM basis, MediaAlpha's FCF Margin came in at 4.60% as of Jun 30, 2026, down 2.07 percentage points year-over-year; for FY2025, it was 5.86%, up 0.58 percentage points from FY2024.
- Annual FCF Margin has a five-year change of -2.88 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at 5.28% in FY2024 (+0.08 pp), 5.19% in FY2023 (-0.94 pp), 6.14% in FY2022 (+1.80 pp) and 4.33% in FY2021 (-4.41 pp).
- The Q2 2026 figure is the highest quarterly FCF Margin since Q3 2022.
- On a year-over-year basis, FCF Margin rose in five of the last eight quarters, with an average year-over-year change of +0.23 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 11.23 percentage points in Q1 2022, against a drop of 18.92 percentage points in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at -0.52% (Q1 2026), -2.57% (Q4 2025) and 7.68% (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.20% |
| Mar 31, 2026 | -0.52% |
| Dec 31, 2025 | -2.57% |
| Sep 30, 2025 | 7.68% |
| Jun 30, 2025 | 10.15% |
| Mar 31, 2025 | 8.95% |
| Dec 31, 2024 | 4.82% |
| Sep 30, 2024 | 3.09% |
| Jun 30, 2024 | 12.05% |
| Mar 31, 2024 | 1.30% |
| Dec 31, 2023 | 4.51% |
| Sep 30, 2023 | -1.90% |
| Jun 30, 2023 | 4.44% |
| Mar 31, 2023 | 11.22% |
| Dec 31, 2022 | -5.39% |
| Sep 30, 2022 | 16.66% |
| Jun 30, 2022 | 11.37% |
| Mar 31, 2022 | 5.80% |
| Dec 31, 2021 | 13.53% |
| Sep 30, 2021 | 8.10% |
API Access
MediaAlpha, Inc. 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=MAX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "MAX", "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=MAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();