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MediaAlpha MAX Free cash flow margin

Free cash flow margin at other companies

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8.9%+2.2pp
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LendingTreeTREE
6.1%+1.5pp
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EverQuoteEVER
13.4%+0.4pp
Slide Insurance Holdings, Inc. Common Stock logo
Slide Insurance Holdings, Inc. Common StockSLDE
78.1%
Root, Inc. logo
Root, Inc.ROOT
13.6%-3.0pp
American Coastal Insurance Corporation logo
American Coastal Insurance CorporationACIC
48.7%

Other financials

Income statement

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Revenue$310.0M+17.3%
Gross profit$46.7M+12.2%
Operating income$22.4M+19,188%
Net income$11.5M+689%
EPS (diluted)$0.21+625%

Balance sheet

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Cash & equivalents$26.1M-59.0%
Total debt$163.5M+2.0%
Total equity$1.9M-75.8%
Total assets$367.7M+53.2%

Cash flow

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Operating cash flow-$1.6M-107%
CapEx$42.0K-26.3%
Free cash flow-$1.6M-107%

Valuation

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Market cap$594.68M+0.1%
Enterprise value$732.14M+6.0%
P/E15.2×-22.4×
P/S0.5×-0.1×

Profitability

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Gross margin14.9%-1.2pp
Operating margin3.8%-0.2pp
Net margin3.4%+1.8pp

Returns & leverage

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Return on equity793.8%
Debt / equity85.3×+65.1×
Current ratio1.5×-0.2×

Where this comes from

Calculated from MediaAlpha’s reported figures.

Based on trailing twelve months.

The official record: MediaAlpha’s 10-Q, filed October 29, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is MediaAlpha's free cash flow margin?
MediaAlpha (MAX) reported free cash flow margin of 7.8% in Q3 2025.
How has MediaAlpha's free cash flow margin changed year-over-year?
MediaAlpha's free cash flow margin increased by 45.3% year-over-year, from 5.3% to 7.8%.
What is the long-term trend for MediaAlpha's free cash flow margin?
Over 3 years (2020 to 2024), MediaAlpha's free cash flow margin has grown at a -15.5% compound annual growth rate (CAGR), from 8.7% to 5.3%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.