LearnCalculated from reported figures
Free cash flow
Cash left after funding operations and investment — available for debt, dividends, buybacks.
In simple terms: Money left after the company pays for the investments needed to run and grow the business.
Why should I care?
How it's calculated
Operating cash flow − Capital expenditure
In general, a higher value is considered favourable — but always compare within the same industry, because what counts as “normal” varies widely.