WhiteHorse Finance (WHF) FCF Margin (2012 - 2026)
WhiteHorse Finance (WHF) posted FCF Margin of 2.85% for Q3 2026, down 345.46 percentage points from 348.31% a year earlier but up 93.19 percentage points from the prior quarter.
Powered by 
Analysis
WhiteHorse Finance (WHF) FCF Margin (2012 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, FCF Margin at WhiteHorse Finance was 26.68%, down 100.89 percentage points year-over-year; for FY2025, it was 106.33%, up 21.48 percentage points from FY2024.
- Annual FCF Margin shows a five-year change of +211.03 percentage points (FY2020 to FY2025).
- In prior years, WhiteHorse Finance's FCF Margin was 84.85% in FY2024 (-2.66 pp), 87.52% in FY2023 (+5.26 pp), 82.25% in FY2022 (+207.27 pp) and -125.02% in FY2021 (-20.32 pp).
- Quarterly FCF Margin has run from a low of -610.94% in Q4 2021 to a high of 348.31% in Q3 2025 over five years.
- On a year-over-year basis, FCF Margin increased in three of the last eight quarters, with an average year-over-year change of -26.54 percentage points.
- The strongest year-over-year quarter for FCF Margin in the past five years was Q4 2022, with a gain of 641.34 percentage points; the weakest was Q3 2026, with a drop of 345.46 percentage points.
- According to Business Quant data, FCF Margin for the three prior quarters was -90.34% (Q2 2026), 178.09% (Q1 2026) and 5.53% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | 99.42% |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | 56.70% |
| 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 | - | 10.46% |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | 50.83% |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | 11.45% |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | 73.88% |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | 137.88% |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | 332.74% |
| 10 | WhiteHorse Finance | 177.40 Mn | 143.00 Mn | - | 2.85% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.85% |
| Jun 30, 2026 | -90.34% |
| Mar 31, 2026 | 178.09% |
| Dec 31, 2025 | 5.53% |
| Sep 30, 2025 | 348.31% |
| Jun 30, 2025 | 115.19% |
| Mar 31, 2025 | -37.26% |
| Dec 31, 2024 | 100.31% |
| Sep 30, 2024 | 63.76% |
| Jun 30, 2024 | 176.79% |
| Mar 31, 2024 | 6.28% |
| Dec 31, 2023 | 61.64% |
| Sep 30, 2023 | 163.48% |
| Jun 30, 2023 | 41.09% |
| Mar 31, 2023 | 83.18% |
| Dec 31, 2022 | 30.40% |
| Sep 30, 2022 | -0.57% |
| Jun 30, 2022 | 245.79% |
| Mar 31, 2022 | 75.25% |
| Dec 31, 2021 | -610.94% |
API Access
WhiteHorse Finance 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=WHF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "WHF", "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=WHF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();