System1 (SST) FCF Margin (2021 - 2026)

System1 (SST) reported FCF Margin of 76.03% for Q1 2026, down 5298.0% on a YoY basis from 1.46% in Q1 2025, and down 271.22% sequentially from 20.48% in Q4 2025.

System1 (SST) FCF Margin (2021 - 2026) Analysis & Trends

System1 (SST) has 6 years of FCF Margin data on file, last reported at 76.03% in Q1 2026.

  • For the quarter ending Q1 2026, FCF Margin fell 5298.0% year-over-year to 76.03%; the trailing twelve-month figure through Mar 2026 stood at 6.7% (down 476.0% YoY), and the FY2025 full-year result was 1.58%, down 4.0% from the prior year.
  • FCF Margin retreated to 76.03% in Q1 2026, from 20.48% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 32.87% in Q2 2025 to a low of 76.03% in Q1 2026.
  • A 5-year average of 7.62% and a median of 5.38% in 2023 frame the typical range for FCF Margin.
  • Across the five-year window, FCF Margin jumped 3083 bps in 2024 and sank 5298 bps in 2026, its largest moves.
  • Tracing SST's FCF Margin over 5 years: stood at 4.03% in 2022, then slumped by 679 bps to 23.33% in 2023, then soared by 132 bps to 7.5% in 2024, then sank by 373 bps to 20.48% in 2025, then sank by 271 bps to 76.03% in 2026.
  • Business Quant data shows SST's FCF Margin at 76.03% in Q1 2026, 20.48% in Q4 2025, and 3.33% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Cintas 81.31 Bn 81.12 Bn 1.45 Bn 18.67%
2 Rentokil Initial 73.75 Bn 71.25 Bn - -
3 Relx 60.28 Bn 60.04 Bn - -
4 Thomson Reuters 38.09 Bn 37.23 Bn - 31.67%
5 Copart 25.18 Bn 21.85 Bn 732.88 Mn 40.69%
6 Global Payments 21.29 Bn 16.10 Bn 1.70 Bn -18.53%
7 Rb Global 20.33 Bn 20.14 Bn 927.90 Mn 13.98%
8 UL Solutions 17.42 Bn 17.18 Bn 381.00 Mn 23.48%
9 Aramark 15.00 Bn 14.59 Bn 426.39 Mn 6.09%
10 System1 14.56 Mn -61.04 Mn 23.37 Mn -76.03%

Historic Data

Download Data
DateValue
Mar 31, 2026 -76.03%
Dec 31, 2025 -20.48%
Sep 30, 2025 -3.33%
Jun 30, 2025 32.87%
Mar 31, 2025 -23.05%
Dec 31, 2024 7.50%
Sep 30, 2024 -5.56%
Jun 30, 2024 10.54%
Mar 31, 2024 -18.83%
Dec 31, 2023 -23.33%
Sep 30, 2023 -6.59%
Jun 30, 2023 4.52%
Mar 31, 2023 -5.38%
Dec 31, 2022 4.03%
Sep 30, 2022 3.78%
Jun 30, 2022 9.32%
Mar 31, 2022 -19.44%
Dec 31, 2021 7.43%
Sep 30, 2021 7.03%
Jun 30, 2021 10.98%