Highest free-cash-flow margin
Companies ranked mechanically by latest annual free cash flow divided by revenue from SEC companyfacts. Rows require revenue of at least $100.0M to reduce tiny-base artifacts.
Descriptive ranking — not investment advice. Mechanical ranking by stated metric from SEC/FRED data; not a recommendation, endorsement, or investment judgment. As of: 2026-05-21. See Disclaimer.
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Table
| Rank | Company | Free-cash-flow margin | FY | Period end | Comparability | Regime | Extra |
|---|---|---|---|---|---|---|---|
| 1 | TBPH - Theravance Biopharma, Inc. | 221.93% | 2025 | as of 2025-12-31 | 0d | operating | FCF $238.5M |
| 2 | OWL - BLUE OWL CAPITAL INC. | 211.06% | 2025 | as of 2025-12-31 | 0d | financial | FCF $1.2B |
| 3 | OPFI - OppFi Inc. | 100.26% | 2025 | as of 2025-12-31 | 0d | financial | FCF $382.2M |
| 4 | BULL - Webull Corp | 98.34% | 2025 | as of 2025-12-31 | 0d | financial | FCF $561.5M |
| 5 | STT - STATE STREET CORP | 77.76% | 2025 | as of 2025-12-31 | 0d | financial | FCF $10.8B |
| 6 | HAFC - HANMI FINANCIAL CORP | 75.40% | 2025 | as of 2025-12-31 | 0d | financial | FCF $203.7M |
| 7 | QCRH - QCR HOLDINGS INC | 72.35% | 2025 | as of 2025-12-31 | 0d | financial | FCF $354.1M |
| 8 | MTG - MGIC INVESTMENT CORP | 70.18% | 2025 | as of 2025-12-31 | 0d | financial | FCF $851.8M |
| 9 | ADC - AGREE REALTY CORP | 70.18% | 2025 | as of 2025-12-31 | 0d | financial | FCF $504.1M |
| 10 | GLPI - Gaming & Leisure Properties, Inc. | 70.04% | 2024 | as of 2024-12-31 | different fiscal year (365 days before row reference) | financial | FCF $1.1B |
| 11 | AM - Antero Midstream Corp | 69.97% | 2024 | as of 2024-12-31 | different fiscal year (365 days before row reference) | operating | FCF $774.0M |
| 12 | DBRG - DigitalBridge Group, Inc. | 68.90% | 2025 | as of 2025-12-31 | 0d | financial | FCF $258.0M |
| 13 | SLDE - Slide Insurance Holdings, Inc. | 68.74% | 2025 | as of 2025-12-31 | 0d | financial | FCF $794.6M |
| 14 | NTRS - NORTHERN TRUST CORP | 67.51% | 2025 | as of 2025-12-31 | 0d | financial | FCF $5.5B |
| 15 | CCI - CROWN CASTLE INC. | 67.42% | 2025 | as of 2025-12-31 | 0d | financial | FCF $2.9B |
| 16 | ESNT - Essent Group Ltd. | 67.31% | 2025 | as of 2025-12-31 | 0d | financial | FCF $848.7M |
| 17 | O - REALTY INCOME CORP | 67.19% | 2025 | as of 2025-12-31 | 0d | financial | FCF $3.9B |
| 18 | OHI - OMEGA HEALTHCARE INVESTORS INC | 67.03% | 2025 | as of 2025-12-31 | 0d | financial | FCF $797.7M |
| 19 | CPSS - CONSUMER PORTFOLIO SERVICES, INC. | 66.35% | 2025 | as of 2025-12-31 | 0d | financial | FCF $288.3M |
| 20 | APP - AppLovin Corp | 64.96% | 2024 | as of 2024-12-31 | different fiscal year (365 days before row reference) | operating | FCF $2.1B |
| 21 | VRSN - VERISIGN INC/CA | 64.49% | 2025 | as of 2025-12-31 | 0d | operating | FCF $1.1B |
| 22 | CME - CME GROUP INC. | 64.31% | 2025 | as of 2025-12-31 | 0d | financial | FCF $4.2B |
| 23 | IDCC - InterDigital, Inc. | 63.38% | 2025 | as of 2025-12-31 | 0d | financial | FCF $528.6M |
| 24 | BNL - Broadstone Net Lease, Inc. | 59.41% | 2025 | as of 2025-12-31 | 0d | financial | FCF $269.8M |
| 25 | HPK - HighPeak Energy, Inc. | 59.25% | 2025 | as of 2025-12-31 | 0d | operating | FCF $511.5M |
| 26 | BOW - Bowhead Specialty Holdings Inc. | 59.11% | 2025 | as of 2025-12-31 | 0d | financial | FCF $326.0M |
| 27 | NMIH - NMI Holdings, Inc. | 58.39% | 2025 | as of 2025-12-31 | 0d | financial | FCF $412.5M |
| 28 | CCB - COASTAL FINANCIAL CORP | 57.29% | 2025 | as of 2025-12-31 | 0d | financial | FCF $246.1M |
| 29 | GTY - GETTY REALTY CORP /MD/ | 57.29% | 2025 | as of 2025-12-31 | 0d | financial | FCF $127.0M |
| 30 | ENVA - Enova International, Inc. | 56.22% | 2025 | as of 2025-12-31 | 0d | financial | FCF $1.8B |
| 31 | EGP - EASTGROUP PROPERTIES INC | 56.13% | 2025 | as of 2025-12-31 | 0d | financial | FCF $404.9M |
| 32 | CRMD - CorMedix Inc. | 55.43% | 2025 | as of 2025-12-31 | 0d | operating | FCF $172.8M |
| 33 | HLNE - Hamilton Lane INC | 55.21% | 2026 | as of 2026-03-31 | about 3 months after row reference (+90d) | financial | FCF $419.1M |
| 34 | TW - Tradeweb Markets Inc. | 54.92% | 2025 | as of 2025-12-31 | 0d | financial | FCF $1.1B |
| 35 | V - VISA INC. | 53.94% | 2025 | as of 2025-09-30 | about 3 months before row reference (-92d) | operating | FCF $21.6B |
| 36 | IBOC - INTERNATIONAL BANCSHARES CORP | 53.36% | 2025 | as of 2025-12-31 | 0d | financial | FCF $472.9M |
| 37 | KNSL - Kinsale Capital Group, Inc. | 52.83% | 2025 | as of 2025-12-31 | 0d | financial | FCF $990.1M |
| 38 | NRIM - NORTHRIM BANCORP INC | 52.38% | 2025 | as of 2025-12-31 | 0d | financial | FCF $133.9M |
| 39 | MA - Mastercard Inc | 52.33% | 2025 | as of 2025-12-31 | 0d | operating | FCF $17.2B |
| 40 | DAVE - Dave Inc./DE | 52.28% | 2025 | as of 2025-12-31 | 0d | financial | FCF $289.7M |
| 41 | CASH - PATHWARD FINANCIAL, INC. | 52.26% | 2025 | as of 2025-09-30 | about 3 months before row reference (-92d) | financial | FCF $438.9M |
| 42 | WABC - WESTAMERICA BANCORPORATION | 51.80% | 2025 | as of 2025-12-31 | 0d | financial | FCF $119.7M |
| 43 | KIM - KIMCO REALTY CORP | 51.47% | 2025 | as of 2025-12-31 | 0d | financial | FCF $1.1B |
| 44 | CTRA - Coterra Energy Inc. | 50.90% | 2024 | as of 2024-12-31 | different fiscal year (365 days before row reference) | operating | FCF $2.8B |
| 45 | MSBI - Midland States Bancorp, Inc. | 50.82% | 2025 | as of 2025-12-31 | 0d | financial | FCF $120.3M |
| 46 | DOCS - Doximity, Inc. | 50.62% | 2026 | as of 2026-03-31 | about 3 months after row reference (+90d) | operating | FCF $326.5M |
| 47 | SPG - SIMON PROPERTY GROUP INC. | 50.31% | 2025 | as of 2025-12-31 | 0d | financial | FCF $3.2B |
| 48 | MSCI - MSCI Inc. | 49.42% | 2025 | as of 2025-12-31 | 0d | operating | FCF $1.5B |
| 49 | LTC - LTC PROPERTIES INC | 48.97% | 2025 | as of 2025-12-31 | 0d | financial | FCF $128.7M |
| 50 | HCI - HCI Group, Inc. | 48.93% | 2025 | as of 2025-12-31 | 0d | financial | FCF $440.8M |