Royalty Pharma (RPRX) Free Cash Flow (2019 - 2026)
Royalty Pharma's Free Cash Flow was $686.08 million in Q3 2026, down 2.4% from $702.62 million a year earlier and down 5.8% from the prior quarter.
Powered by 
Analysis
Royalty Pharma (RPRX) Free Cash Flow (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, Royalty Pharma's Free Cash Flow was $2.96 billion through Sep 30, 2026, up 23.1% year-over-year; for FY2025, it was $2.49 billion, down 10.1% from FY2024.
- Free Cash Flow shows a five-year compound annual growth rate of 4.1% (FY2020 to FY2025).
- In earlier years, Free Cash Flow was $2.77 billion in FY2024 (-7.3%), $2.99 billion in FY2023 (+39.4%), $2.14 billion in FY2022 (+6.3%) and $2.02 billion in FY2021 (-0.8%).
- The Q3 2026 figure marks the lowest quarterly Free Cash Flow since Q2 2025.
- Compared with a year earlier, Free Cash Flow was higher in three of the last eight quarters, with growth averaging 8.8%.
- The best year-over-year quarter for Free Cash Flow over five years was Q1 2023 (growth of 124.6%); the worst was Q2 2025 (a decline of 44.7%).
- Per Business Quant data, RPRX's Free Cash Flow in the three quarters before Q3 2026 was $728.46 million (Q2 2026), $718.23 million (Q1 2026) and $827.15 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | 686.08 Mn |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | 1.86 Bn |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - | 876.00 Mn |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | 2.50 Bn |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | 144.57 Mn |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | 343.38 Mn |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | 1.05 Bn |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | 2.86 Bn |
| 10 | Federal Home Loan Mortgage | 12.64 Bn | -328.33 Bn | - | 4.22 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 686.08 Mn |
| Jun 30, 2026 | 728.46 Mn |
| Mar 31, 2026 | 718.23 Mn |
| Dec 31, 2025 | 827.15 Mn |
| Sep 30, 2025 | 702.62 Mn |
| Jun 30, 2025 | 363.98 Mn |
| Mar 31, 2025 | 596.08 Mn |
| Dec 31, 2024 | 742.53 Mn |
| Sep 30, 2024 | 703.61 Mn |
| Jun 30, 2024 | 658.21 Mn |
| Mar 31, 2024 | 664.64 Mn |
| Dec 31, 2023 | 772.63 Mn |
| Sep 30, 2023 | 573.52 Mn |
| Jun 30, 2023 | 607.82 Mn |
| Mar 31, 2023 | 1.03 Bn |
| Dec 31, 2022 | 569.93 Mn |
| Sep 30, 2022 | 538.83 Mn |
| Jun 30, 2022 | 574.95 Mn |
| Mar 31, 2022 | 460.27 Mn |
| Dec 31, 2021 | 489.96 Mn |
API Access
Royalty Pharma Free Cash Flow 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=free-cash-flow&ticker=RPRX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "RPRX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=RPRX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();