SPLP (Steel Partners Holdings LP) FCF Margin %: -15.39% (As of Sep. 2025)


SPLP Steel Partners Holdings LP SPLP
66 GF Score
Price $50.00
GF Value $51.26
! 4 Warning Signs
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What is Steel Partners Holdings LP FCF Margin %?

Steel Partners Holdings LP SPLP -0.20% 66 FCF Margin % is -15.39% as of Sep. 2025. GuruFocus rates SPLP with a GF Score™ of 66/100 and a GF Value™ of $51.26. The stock has 4 warning signs investors should review.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Steel Partners Holdings LP's Free Cash Flow for the three months ended in Sep. 2025 was $-84 Mil. Steel Partners Holdings LP's Revenue for the three months ended in Sep. 2025 was $544 Mil. Therefore, Steel Partners Holdings LP's FCF Margin % for the quarter that ended in Sep. 2025 was -15.39%.

As of today, Steel Partners Holdings LP's current FCF Yield % is 11.71%.

The historical rank and industry rank for Steel Partners Holdings LP's FCF Margin % or its related term are showing as below:

SPLP' s FCF Margin % Range Over the Past 10 Years
Min: -15.2   Med: 1.02   Max: 22.96
Current: 5.34


During the past 13 years, the highest FCF Margin % of Steel Partners Holdings LP was 22.96%. The lowest was -15.20%. And the median was 1.02%.

SPLP's FCF Margin % is not ranked
in the Conglomerates industry.
Industry Median: 2.59 vs SPLP: 5.34


Steel Partners Holdings LP FCF Margin % Related Terms


Steel Partners Holdings LP FCF Margin % Historical Data

* Premium members only.

The historical data trend for Steel Partners Holdings LP'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.

Steel Partners Holdings LP FCF Margin % Chart

Steel Partners Holdings LP Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.96 1.67 -15.20 -1.59 14.71

Steel Partners Holdings LP Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 12.38 -2.84 39.03 2.66 -15.39

SPLP vs MATW, DLX, FIP: FCF Margin % Comparison

For the Conglomerates subindustry, Steel Partners Holdings LP'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.


Steel Partners Holdings LP FCF Margin % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Steel Partners Holdings LP's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Steel Partners Holdings LP's FCF Margin % falls into.


SPLP
66GF Score
Steel Partners Holdings LP SPLP
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Steel Partners Holdings LP FCF Margin % Calculation

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

Steel Partners Holdings LP's FCF Margin for the fiscal year that ended in Dec. 2024 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2024 )/Revenue (A: Dec. 2024 )
=298.319/2027.848
=14.71 %

Steel Partners Holdings LP's FCF Margin for the quarter that ended in Sep. 2025 is calculated as

FCF Margin=Free Cash Flow (Q: Sep. 2025 )/Revenue (Q: Sep. 2025 )
=-83.625/543.547
=-15.39 %

* 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 -15.39% mean?
Steel Partners Holdings LP (SPLP) has a FCF Margin % of -15.39% as of Sep. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Steel Partners Holdings LP and its competitors.
Is Steel Partners Holdings LP's FCF Margin % too high?
Steel Partners Holdings LP's current FCF Margin % is -15.39%. Overall, Steel Partners Holdings LP has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Steel Partners Holdings LP's FCF Margin % compare to MATW and DLX?
Steel Partners Holdings LP's FCF Margin % of -15.39% can be compared against companies in the Conglomerates industry. The industry median FCF Margin % is 2.59. 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 a Conglomerates company?
The median FCF Margin % among Conglomerates companies is 2.59, based on 547 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 Steel Partners Holdings LP and its competitors. For the Conglomerates industry, the median FCF Margin % is 2.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steel Partners Holdings LP's current FCF Margin % is -15.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel Partners Holdings LP stock overvalued right now?
Steel Partners Holdings LP (SPLP) has a current FCF Margin % of -15.39%. The stock's GF Value™ is $51.26, compared to a current price of $50.00 — trading 2.5% below its estimated fair value. The current FCF Margin % is -15.39%. Steel Partners Holdings LP's overall GF Score™ is 66/100 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 Steel Partners Holdings LP (SPLP), the current FCF Margin % is -15.39% as of Sep. 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 Steel Partners Holdings LP (SPLP) Overvalued in 2026?

Based on GuruFocus' analysis, Steel Partners Holdings LP stock appears to be undervalued. The current stock price of $50.00 is trading 2.5% below its estimated GF Value™ of $51.26.

Key valuation signals for SPLP:

  • FCF Margin %: -15.39%
  • GF Value™: $51.26 vs. price of $50.00 (2.5% below fair value)
  • GF Score™: 66/100 with 4 warning signs

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


Steel Partners Holdings LP Business Description

Other Exchanges SPLPP.PFD:USA
Address 590 Madison Avenue, 32nd Floor, New York, NY, USA, 10022
Steel Partners Holdings LP operates in industrial products, energy, defense, supply chain management and logistics, banking, and youth sports industries. Its segments include the Diversified Industrial segment comprised of manufacturers of engineered niche industrial products, joining materials, tubing, building materials, performance materials etc; the Energy segment provides drilling and production services to the oil and gas industry and owns a youth sports business; the Financial Services segment consists of the operations of WebBank, a Utah chartered industrial bank, which engages in full range of banking activities; The Supply Chain segment consists of end-to-end world-wide supply; and Corporate and Other consists of equity method and other investments, and cash and cash equivalents.
66GF Score

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

$50.00
Price
$51.26
GF Value