National Rural Utilities Cooperative Finance (NRUC) FCF Margin (2010 - 2026)

National Rural Utilities Cooperative Finance has disclosed FCF Margin across 17 years of filings, most recently posting 200.16% for Q1 2026.

• FCF Margin for Q1 2026 came in at 200.16%, up 6605.0% year-over-year; the trailing twelve-month figure through Feb 2026 was 67.3% (down 2148.0% YoY), and the FY2025 annual result was 74.44%, up 2628.0% from the prior year.
• FCF Margin came in at 200.16% for Q1 2026 at National Rural Utilities Cooperative Finance, up from 66.49% in the prior quarter.
• In the past five years, FCF Margin ranged from a high of 481.9% in Q2 2023 to a low of 39.02% in Q2 2025.
• The 5-year median for FCF Margin is 47.54% (2022), against an average of 93.32%.
• Across the five-year window, FCF Margin jumped 117082 bps in 2022 and tumbled 45288 bps in 2024, its largest moves.
• National Rural Utilities Cooperative Finance's FCF Margin stood at 11.25% in 2022, then surged by 46 bps to 16.41% in 2023, then jumped by 115 bps to 35.21% in 2024, then jumped by 89 bps to 66.49% in 2025, then soared by 201 bps to 200.16% in 2026.
• The last three FCF Margin figures came in at 200.16% (Q1 2026), 66.49% (Q4 2025), and 180.52% (Q3 2025), per Business Quant data.