← Back to Glossary

Free Cash Flow (FCF)

Definition

The cash a company generates from operations after deducting capital expenditures. FCF represents the cash available to pay dividends, reduce debt, or reinvest in the business, and is a key input in discounted cash flow valuations.

Related Terms

Factoring Fair Market Value Fair Value Less Costs of Disposal Fairness Opinion Fairness Opinion Letter

Put this knowledge to work

Use Opagio's free tools to measure and grow the intangible assets that drive your business value.

Try the Free Calculator