VFL (Delaware Investments Natl Muniome) FCF Margin %: 142.63% (As of Mar. 2026) — 197% Above Median


VFL Delaware Investments Natl Muni Income VFL
32 GF Score
Price $10.31
! 4 Warning Signs
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What is Delaware Investments Natl Muniome FCF Margin %?

Delaware Investments Natl Muniome VFL -0.10% 32 FCF Margin % is 142.63% as of Mar. 2026, which is 197% above its 10-year median of 48.02. GuruFocus rates VFL with a GF Score™ of 32/100. The stock has 4 warning signs investors should review. Among 1,465 Asset Management companies, Delaware Investments Natl Muniome ranks better than 81.77% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Delaware Investments Natl Muniome's Free Cash Flow for the six months ended in Mar. 2026 was $3.81 Mil. Delaware Investments Natl Muniome's Revenue for the six months ended in Mar. 2026 was $2.67 Mil. Therefore, Delaware Investments Natl Muniome's FCF Margin % for the quarter that ended in Mar. 2026 was 142.63%.

As of today, Delaware Investments Natl Muniome's current FCF Yield % is 6.11%.

The historical rank and industry rank for Delaware Investments Natl Muniome's FCF Margin % or its related term are showing as below:

VFL' s FCF Margin % Range Over the Past 10 Years
Min: -1036.54   Med: 48.02   Max: 2831.79
Current: 109.3


During the past 13 years, the highest FCF Margin % of Delaware Investments Natl Muniome was 2831.79%. The lowest was -1036.54%. And the median was 48.02%.

VFL's FCF Margin % is ranked better than
81.77% of 1465 companies
in the Asset Management industry
Industry Median: 14.69 vs VFL: 109.30


Delaware Investments Natl Muniome FCF Margin % Related Terms


Delaware Investments Natl Muniome FCF Margin % Historical Data

* Premium members only.

The historical data trend for Delaware Investments Natl Muniome'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.

Delaware Investments Natl Muniome FCF Margin % Chart

Delaware Investments Natl Muniome Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Sep24 Sep25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.76 -73.02 -678.11 17.15 -1,036.54

Delaware Investments Natl Muniome Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 9.37 38.71 -62.87 89.05 142.63

VFL vs DMO, OXSQ, WEA: FCF Margin % Comparison

For the Asset Management subindustry, Delaware Investments Natl Muniome'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.


Delaware Investments Natl Muniome FCF Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Delaware Investments Natl Muniome's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Delaware Investments Natl Muniome's FCF Margin % falls into.


VFL
32GF Score
Delaware Investments Natl Muni Income VFL
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Delaware Investments Natl Muniome FCF Margin % Calculation

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

Delaware Investments Natl Muniome's FCF Margin for the fiscal year that ended in Sep. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Sep. 2025 )/Revenue (A: Sep. 2025 )
=7.121/-0.687
=-1,036.54 %

Delaware Investments Natl Muniome's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=3.814/2.674
=142.63 %

* 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 142.63% mean?
Delaware Investments Natl Muniome (VFL) has a FCF Margin % of 142.63% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Delaware Investments Natl Muniome and its competitors. This is 197% above median its historical median of 48.02. According to the industry distribution chart, Delaware Investments Natl Muniome ranks #267 out of 1465 companies in the Asset Management industry, placing it in the top 18.2%.
Is Delaware Investments Natl Muniome's FCF Margin % too high?
Delaware Investments Natl Muniome's current FCF Margin % of 142.63% is 197% above median its 10-year median of 48.02. The Asset Management industry median FCF Margin % is 14.69. Delaware Investments Natl Muniome's value of 142.63% is 870.9% above this industry median. Based on the distribution chart, Delaware Investments Natl Muniome ranks #267 out of 1465 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Delaware Investments Natl Muniome has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Delaware Investments Natl Muniome's FCF Margin % compare to DMO and OXSQ?
According to the Asset Management industry distribution chart, Delaware Investments Natl Muniome ranks #267 out of 1465 companies for FCF Margin %. This places Delaware Investments Natl Muniome in the top 18% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 14.69. Delaware Investments Natl Muniome's value of 142.63% is 870.9% above this benchmark. While the company's 10-year median is 48.02 vs. the industry median of 14.69, Delaware Investments Natl Muniome has consistently been above the industry average. 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. Delaware Investments Natl Muniome's current FCF Margin % of 142.63% is 870.9% above the industry median. 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 Delaware Investments Natl Muniome 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. Delaware Investments Natl Muniome's current FCF Margin % is 142.63%, which is 197% above median its own 10-year median of 48.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delaware Investments Natl Muniome stock overvalued right now?
Delaware Investments Natl Muniome (VFL) has a current FCF Margin % of 142.63%. The current FCF Margin % is 142.63%, which is 197% above median its 10-year median of 48.02 and 870.9% above the Asset Management industry median of 14.69. Delaware Investments Natl Muniome's overall GF Score™ is 32/100 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 Delaware Investments Natl Muniome (VFL), the current FCF Margin % is 142.63% as of Mar. 2026. 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.

Delaware Investments Natl Muniome Business Description

Address 1900 Market Street, Suite 200, Philadelphia, PA, USA, 19103
Delaware Investments Natl Muni Income is a closed-end investment fund. The Fund's investment objective is to seek to provide current income exempt from regular federal income tax, consistent with the preservation of capital. The company's product portfolio includes Mutual funds, Exchange-traded funds, Private markets, and Closed-end funds.
32GF Score

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