Free cash flow per share growth (FCF/share 3Y)
The compound annual growth of free cash flow per share over three years, so buybacks and dilution are included.
Per share is the only basis that matters to an owner: a company can grow cash flow and still shrink your claim on it.
How it is computed here
Compound annual growth rate of (free cash flow / diluted shares) over three years
Computed across several filed fiscal years. Filed under quality. Higher is the stronger reading, other things equal.
No published threshold exists for this figure, so this page prints none. Read it against the company's own history and its peers instead.
When it misleads
- Measured between two endpoint years, so an unusual base or final year distorts the whole rate.
- Meaningless when either endpoint is negative.
Questions
How is free cash flow per share growth calculated?
Compound annual growth rate of (free cash flow / diluted shares) over three years. Computed across several filed fiscal years.
What does free cash flow per share growth tell a value investor?
Per share is the only basis that matters to an owner: a company can grow cash flow and still shrink your claim on it.
When does free cash flow per share growth mislead?
Measured between two endpoint years, so an unusual base or final year distorts the whole rate. Meaningless when either endpoint is negative.