Operating cash flow per share (OCF/share)
Cash generated by operations divided by the shares outstanding.
It is the per-share version of the cash number, so it is directly comparable with the share price.
How it is computed here
Operating cash flow / diluted shares outstanding
Combines more than one basis. See the note. The pipeline prefers the data vendor's published trailing-twelve-month ratio when one exists, and falls back to recomputing from the latest filed fiscal year when it does not. Those two are different measurements: the vendor figure puts twelve months of flow over the most recent quarterly balance sheet. The source trail on each figure names which path produced it. Filed under risk. 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
- Before capital spending, so it is not distributable cash.
- Currency conversion applies, so compare it only with a price in the same currency.
Questions
How is operating cash flow per share calculated?
Operating cash flow / diluted shares outstanding. Combines more than one basis. See the note. The pipeline prefers the data vendor's published trailing-twelve-month ratio when one exists, and falls back to recomputing from the latest filed fiscal year when it does not. Those two are different measurements: the vendor figure puts twelve months of flow over the most recent quarterly balance sheet. The source trail on each figure names which path produced it.
What does operating cash flow per share tell a value investor?
It is the per-share version of the cash number, so it is directly comparable with the share price.
When does operating cash flow per share mislead?
Before capital spending, so it is not distributable cash. Currency conversion applies, so compare it only with a price in the same currency.