Free cash flow per share (FCF) is profitability metric that is measuring the total amount of free cash flow generated by the company attributed to each individual share for over a period of one year.
The formula for calculating FCF is using the free cash flow that the company has earned over the period to time and divide it by the total number of shares outstanding:
Free cash flow per share (FCF) = Free Cash Flow / Shares Outstanding
Free cash flow is calculated as cash from operations minus capital expenditures.
|Name||Free cash flow per share||Marketcap||Industry|
|RE Everest Re Group Ltd||$94.46||$13.63B||Insurance - Reinsurance|
|FCNCA First Citizens Bancshares Inc||$91.66||$11.06B||Banks - Regional|
|COOP Mr Cooper Group Inc||$91.05||$3.18B||Mortgage Finance|
|CACC Credit Acceptance Corp||$81.21||$6.06B||Credit Services|
|AMR Alpha Metallurgical Resources Inc||$74.82||$2.55B||Thermal Coal|
|HUM Humana Inc||$66.26||$62.07B||Healthcare Plans|
|AGM Federal Agricultural Mortgage Corp||$65.71||$1.4B||Credit Services|
If a business is generating more cash flow per share that it need to cover its operating expenses and capital expenditures, then the free cash flow per share number should increase over time. Also, unlike earnings per share (EPS), free cash flow per share is a measure of profitability that excludes the non-cash expenses of the income statement (like depreciation and amortisation) and includes spending on equipment and assets as well as changes in working capital.