Stablecoin Development (SDEV) FCF Margin (2010 - 2026)
Stablecoin Development (SDEV) recorded FCF Margin of -270.40% in Q2 2026, down 197.15 percentage points from the prior quarter.
Stablecoin Development (SDEV) FCF Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Stablecoin Development's FCF Margin came in at -237.98% as of Jun 30, 2026, down 156.49 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).
- Quarterly FCF Margin has ranged from -442.80% in Q3 2025 to -17.18% in Q4 2024 over the past five years.
- 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 177.37 Bn | 123.50 Bn | - | 15.78% |
| 2 | Spdr Gold Trust | 137.40 Bn | -420.60 Bn | - | - |
| 3 | Blackstone | 89.11 Bn | 79.09 Bn | - | 37.86% |
| 4 | Brookfield | 84.03 Bn | -99.28 Bn | - | - |
| 5 | Kkr | 80.46 Bn | 605.27 Mn | - | 55.96% |
| 6 | Brookfield Asset Management | 73.92 Bn | 68.73 Bn | - | 30.52% |
| 7 | Apollo Global Management | 66.82 Bn | -15.97 Bn | 10.56 Bn | 25.83% |
| 8 | Wheaton Precious Metals | 60.54 Bn | 55.97 Bn | 687.86 Mn | - |
| 9 | Franco Nevada | 46.67 Bn | 44.04 Bn | 451.00 Mn | 82.99% |
| 10 | Stablecoin Development | 26.91 Mn | -8.73 Mn | - | -270.40% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -270.40% |
| Mar 31, 2026 | -73.24% |
| Sep 30, 2025 | -442.80% |
| 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% |
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_KEY
import 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();