Rathbones Group (LSE:RAT) FCF Margin %: -39.01% (As of Dec. 2025)


LSE:RAT Rathbones Group PLC LSE:RAT
75 GF Score
Price £16.20
GF Value £19.18
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Rathbones Group FCF Margin %?

Rathbones Group LSE:RAT 75 FCF Margin % is -39.01% as of Dec. 2025. GuruFocus rates LSE:RAT with a GF Score™ of 75/100 and a GF Value™ of £19.18 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,465 Asset Management companies, Rathbones Group ranks better than 82.53% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Rathbones Group's Free Cash Flow for the six months ended in Dec. 2025 was £-185.0 Mil. Rathbones Group's Revenue for the six months ended in Dec. 2025 was £474.2 Mil. Therefore, Rathbones Group's FCF Margin % for the quarter that ended in Dec. 2025 was -39.01%.

As of today, Rathbones Group's current FCF Yield % is 63.15%.

The historical rank and industry rank for Rathbones Group's FCF Margin % or its related term are showing as below:

LSE:RAT' s FCF Margin % Range Over the Past 10 Years
Min: -41.75   Med: 45.76   Max: 215.37
Current: 114.52


During the past 13 years, the highest FCF Margin % of Rathbones Group was 215.37%. The lowest was -41.75%. And the median was 45.76%.

LSE:RAT's FCF Margin % is ranked better than
82.53% of 1465 companies
in the Asset Management industry
Industry Median: 14.69 vs LSE:RAT: 114.52


Rathbones Group FCF Margin % Related Terms


Rathbones Group FCF Margin % Historical Data

* Premium members only.

The historical data trend for Rathbones Group'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.

Rathbones Group FCF Margin % Chart

Rathbones Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -41.75 61.37 -17.53 26.45 114.52

Rathbones Group Semi-Annual Data
Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only 1.56 21.57 31.33 276.64 -39.01

LSE:RAT vs BLK, BX, KKR: FCF Margin % Comparison

For the Asset Management subindustry, Rathbones Group'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.


Rathbones Group FCF Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Rathbones Group's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Rathbones Group's FCF Margin % falls into.


LSE:RAT
75GF Score
Rathbones Group PLC LSE:RAT
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Rathbones Group FCF Margin % Calculation

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

Rathbones Group'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 )
=1057.4/923.3
=114.52 %

Rathbones Group'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 )
=-185/474.2
=-39.01 %

* 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 -39.01% mean?
Rathbones Group (LSE:RAT) has a FCF Margin % of -39.01% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Rathbones Group and its competitors. According to the industry distribution chart, Rathbones Group ranks #256 out of 1465 companies in the Asset Management industry, placing it in the top 17.5%.
Is Rathbones Group's FCF Margin % too high?
Rathbones Group's current FCF Margin % is -39.01%. Based on the distribution chart, Rathbones Group ranks #256 out of 1465 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Rathbones Group has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rathbones Group's FCF Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Rathbones Group ranks #256 out of 1465 companies for FCF Margin %. This places Rathbones Group in the top 18% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 14.69. 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 14.69, based on 1,465 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 Rathbones Group and its competitors. For the Asset Management industry, the median FCF Margin % is 14.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rathbones Group's current FCF Margin % is -39.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rathbones Group stock overvalued right now?
Based on GuruFocus' analysis, Rathbones Group (LSE:RAT) is currently considered Modestly Undervalued. The stock's GF Value™ is £19.18, compared to a current price of £16.20 — trading 15.5% below its estimated fair value. The current FCF Margin % is -39.01%. Rathbones Group's overall GF Score™ is 75/100 with 1 warning sign 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 Rathbones Group (LSE:RAT), the current FCF Margin % is -39.01% 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.

Is Rathbones Group (LSE:RAT) Overvalued in 2026?

Based on GuruFocus' analysis, Rathbones Group stock appears to be undervalued. The current stock price of £16.20 is trading 15.5% below its estimated GF Value™ of £19.18. GuruFocus considers Rathbones Group to be Modestly Undervalued.

Key valuation signals for LSE:RAT:

  • FCF Margin %: -39.01%
  • GF Value™: £19.18 vs. price of £16.20 (15.5% below fair value)
  • GF Score™: 75/100 with 1 warning sign

No single metric tells the full story. See the LSE:RAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rathbones Group Business Description

Other Exchanges RATl:UK
Address 30 Gresham Street, London, GBR, EC2V 7QN
Rathbones Group PLC provides investment and wealth management services to private clients, charities, trustees, and professional partners. The group also provides other banking, financial advisory, tax, legal, and trust services. Alongside investment management services, the company provides unit trust and multi-asset fund products sold through intermediaries to the retail sector.
75GF Score

Get the complete analysis for LSE:RAT

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

£16.20
Price
£19.18
GF Value