Stablecoin Development (SDEV) FCF Margin (2010 - 2026)
Stablecoin Development (SDEV) recorded FCF Margin of -52.34% in Q3 2026, up 218.06 percentage points from the prior quarter.
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Analysis
Stablecoin Development (SDEV) FCF Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Stablecoin Development's FCF Margin came in at -168.75% as of Sep 30, 2026, down 91.98 percentage points year-over-year; for FY2024, it was -76.71%, down 35.77 percentage points from FY2023.
- Annual FCF Margin has a five-year change of +43.73 percentage points (FY2019 to FY2024).
- Across earlier years, FCF Margin came in at -40.94% in FY2023 (+6.04 pp), -46.97% in FY2022 (+43.62 pp), -90.59% in FY2021 (-42.81 pp) and -47.79% in FY2020 (+72.66 pp).
- The Q3 2026 figure is the highest quarterly FCF Margin since Q4 2024.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 103.15 percentage points in Q4 2022, against a drop of 58.69 percentage points in Q4 2021 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 188.55 Bn | 131.07 Bn | - | 33.60% |
| 2 | Spdr Gold Trust | 136.66 Bn | -421.34 Bn | - | - |
| 3 | Blackstone | 99.46 Bn | 89.44 Bn | - | 37.86% |
| 4 | Brookfield | 95.73 Bn | -87.59 Bn | - | - |
| 5 | Kkr | 88.30 Bn | 8.45 Bn | - | 55.96% |
| 6 | Brookfield Asset Management | 86.25 Bn | 81.06 Bn | - | 30.52% |
| 7 | Apollo Global Management | 73.37 Bn | -12.79 Bn | 4.14 Bn | 2.87% |
| 8 | Wheaton Precious Metals | 65.10 Bn | 60.52 Bn | 687.86 Mn | - |
| 9 | Franco Nevada | 50.67 Bn | 48.04 Bn | 451.00 Mn | 82.99% |
| 10 | Stablecoin Development | 163.36 Mn | 122.87 Mn | - | -52.34% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -52.34% |
| Jun 30, 2026 | -270.40% |
| Mar 31, 2026 | -73.24% |
| Dec 31, 2024 | -17.18% |
| Jun 30, 2024 | -58.33% |
| Mar 31, 2024 | -75.29% |
| Dec 31, 2023 | -34.51% |
| Sep 30, 2023 | -26.08% |
| Jun 30, 2023 | -48.33% |
| Mar 31, 2023 | -51.30% |
| Dec 31, 2022 | -33.19% |
| Sep 30, 2022 | -46.24% |
| Jun 30, 2022 | -46.61% |
| Mar 31, 2022 | -63.58% |
| Dec 31, 2021 | -136.34% |
| Sep 30, 2021 | -65.56% |
| Jun 30, 2021 | -93.25% |
| Mar 31, 2021 | -79.91% |
| Dec 31, 2020 | -77.65% |
| Sep 30, 2020 | -63.36% |
API Access
Stablecoin Development 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=SDEV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "SDEV", "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=SDEV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();