HFRO (Highland Opportunities andome Fund) FCF Margin %: -38.02% (As of Dec. 2025)


HFRO Highland Opportunities and Income Fund HFRO
39 GF Score
Price $7.51
! 4 Warning Signs
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What is Highland Opportunities andome Fund FCF Margin %?

Highland Opportunities andome Fund HFRO 39 FCF Margin % is -38.02% as of Dec. 2025. GuruFocus rates HFRO with a GF Score™ of 39/100. The stock has 4 warning signs investors should review. Among 1,457 Asset Management companies, Highland Opportunities andome Fund ranks worse than 89.36% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Highland Opportunities andome Fund's Free Cash Flow for the six months ended in Dec. 2025 was $-10.23 Mil. Highland Opportunities andome Fund's Revenue for the six months ended in Dec. 2025 was $26.91 Mil. Therefore, Highland Opportunities andome Fund's FCF Margin % for the quarter that ended in Dec. 2025 was -38.02%.

As of today, Highland Opportunities andome Fund's current FCF Yield % is 2.22%.

The historical rank and industry rank for Highland Opportunities andome Fund's FCF Margin % or its related term are showing as below:

HFRO' s FCF Margin % Range Over the Past 10 Years
Min: -4472.73   Med: -82.28   Max: 971.46
Current: -165.58

During the past 8 years, the highest FCF Margin % of Highland Opportunities andome Fund was 971.46%. The lowest was -4472.73%. And the median was -82.28%.

HFRO's FCF Margin % is ranked worse than
89.36% of 1457 companies
in the Asset Management industry
Industry Median: 14.32 vs HFRO: -165.58

Highland Opportunities andome Fund FCF Margin % Related Terms

Highland Opportunities andome Fund FCF Margin % Historical Data

* Premium members only.

The historical data trend for Highland Opportunities andome Fund's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Highland Opportunities andome Fund FCF Margin % Chart

Highland Opportunities andome Fund Annual Data
Trend Jun18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial 141.69 1.03 -4,472.73 -335.87 -165.58

Highland Opportunities andome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -128.64 841.29 17.55 -59.96 -38.02

HFRO vs GBAB, ALTI, NCV: FCF Margin % Comparison

For the Asset Management subindustry, Highland Opportunities andome Fund's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Highland Opportunities andome Fund FCF Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Highland Opportunities andome Fund's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Highland Opportunities andome Fund's FCF Margin % falls into.


HFRO
39GF Score
Highland Opportunities and Income Fund HFRO
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Highland Opportunities andome Fund FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Highland Opportunities andome Fund's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=9.256/-5.59
=-165.58 %

Highland Opportunities andome Fund's FCF Margin for the quarter that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=-10.233/26.913
=-38.02 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of -38.02% mean?
Highland Opportunities andome Fund (HFRO) has a FCF Margin % of -38.02% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Highland Opportunities andome Fund and its competitors. According to the industry distribution chart, Highland Opportunities andome Fund ranks #1302 out of 1457 companies in the Asset Management industry, placing it in the top 89.4%.
Is Highland Opportunities andome Fund's FCF Margin % too high?
Highland Opportunities andome Fund's current FCF Margin % is -38.02%. Based on the distribution chart, Highland Opportunities andome Fund ranks #1302 out of 1457 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Highland Opportunities andome Fund has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Highland Opportunities andome Fund's FCF Margin % compare to GBAB and ALTI?
According to the Asset Management industry distribution chart, Highland Opportunities andome Fund ranks #1302 out of 1457 companies for FCF Margin %. This places Highland Opportunities andome Fund in the lower half of its industry. The industry median FCF Margin % is 14.32. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for an Asset Management company?
The median FCF Margin % among Asset Management companies is 14.32, based on 1,457 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Highland Opportunities andome Fund and its competitors. For the Asset Management industry, the median FCF Margin % is 14.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Highland Opportunities andome Fund's current FCF Margin % is -38.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Highland Opportunities andome Fund stock overvalued right now?
Highland Opportunities andome Fund (HFRO) has a current FCF Margin % of -38.02%. The current FCF Margin % is -38.02%. Highland Opportunities andome Fund's overall GF Score™ is 39/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Highland Opportunities andome Fund (HFRO), the current FCF Margin % is -38.02% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Highland Opportunities andome Fund Business Description

Other Exchanges HFROpA.PFD:USA
Address 300 Crescent Court, Suite 700, Dallas, TX, USA, 75201
Highland Opportunities and Income Fund is a non-diversified, closed-end management investment company. Its investment objective is to Income Fund seeks growth of capital along with income. It focuses on making investments in real estate securities, including Reits, secured and unsecured fixed-rate loans and corporate bonds, mezzanine securities, structured products, convertible and preferred securities and equities (public and private), and floating rate securities.
39GF Score

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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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