Wells Fargo & (WFC) Free Cash Flow
Market Cap: $221.09B
Avg Volume: 17.19M
Industry: Banks - Diversified
Sector: Financial Services
What is Wells Fargo &'s Free Cash Flow?
- Wells Fargo &'s annual free cash flow as of FY 2023 is $40.36B.
- Wells Fargo &'s quarterly free cash flow as of QQ3 2024 is $-0.00B.
What is Free Cash Flow?
Free cash flow (FCF) is a measure of financial performance calculated as operating cash flow minus capital expenditures. It represents the cash that a company generates after accounting for cash outflows to support operations and maintain its capital assets. FCF is important because it allows a company to pursue opportunities that enhance shareholder value.
How is Free Cash Flow calculated?
The formula for free cash flow is:
Free Cash Flow = Operating Cash Flow - Capital Expenditures
This metric helps investors understand the company's ability to generate cash and its potential to pay dividends or expand.
Related Metrics
Other important metrics to assess Wells Fargo &'s free cash flow financial health include:
- Free Cash Flow Growth - the rate at which a company's free cash flow is growing:
- Annual Growth: 49.21%
- Free Cash Flow Per Share - free cash flow divided by the number of shares outstanding:
- Annual: $10.94
- Free Cash Flow Yield - free cash flow divided by the market capitalization:
- Annual: 22.23%
These metrics provide insights into Wells Fargo &'s financial health and its ability to generate cash. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.
Annual Free Cash Flow
$40.36B
Quarterly Free Cash Flow
$-
Historical Annual Free Cash Flow
Historical Quarterly Free Cash Flow
Annual Free Cash Flow Growth
Annual Free Cash Flow Per Share
Wells Fargo & Historical Financial Metrics
The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2023.
| Year | Free Cash Flow | Free Cash Flow Growth | Free Cash Flow Per Share | Free Cash Flow Yield |
|---|---|---|---|---|
| 2023 | $40.36B | 49.21% | $10.94 | 22.23% |
| 2022 | $27.05B | 334.69% | $7.11 | 17.22% |
| 2021 | $-11.53B | -661.92% | $-2.84 | -5.91% |
| 2020 | $2.05B | -71.68% | $0.50 | 1.65% |
| 2019 | $7.24B | -76.47% | $1.65 | 3.06% |
| 2018 | $30.79B | 526.60% | $6.41 | 13.92% |
| 2017 | $4.91B | 115.40% | $0.98 | 1.60% |
| 2016 | $-31.90B | 45.58% | $-6.25 | -11.34% |
| 2015 | $-58.62B | 21.06% | $-11.25 | -20.70% |
| 2014 | $-74.25B | -228.82% | $-13.95 | -25.45% |