Free Cash Flow
The cash a company generates after accounting for capital expenditures. The real money left over to pay dividends, buy back shares, reduce debt, or reinvest.
Read more: Mastering Free Cash Flow: Essential Insights for Investors →
Formula
How to Interpret
Positive FCF means the company generates more cash than it spends on operations and investments. Negative FCF isn't always bad — high-growth companies often invest heavily — but sustained negative FCF is a red flag.
Why It Matters
FCF is harder to manipulate than net income or EBITDA. It represents actual cash, not accounting profit. Warren Buffett famously focuses on "owner earnings," which is essentially FCF. A company can report profits while burning cash — FCF reveals the truth.
Top 10
Bottom 10
Free Cash Flow by Company
All 99 tracked stocks with reported Free Cash Flow, ranked highest first on the latest quarter each has reported.
FY — quarters on the company's own off-calendar fiscal year; unprefixed quarters follow the calendar year.