Enter the net income, capital expenditures, depreciation, and changes in working capital into the calculator. The calculator will evaluate and display the free cash flow.

## Free Cash Flow Formula

The following equation can be used to calculate the free cash flow of a business.

FCF = (NI + D – WC) – CE

- Where FCF is free cash flow
- NI is net income
- D is deprecation
- WC is change in working capital
- CE is capital expenditure

How to calculate free cash flow

**First, determine the net operating income**This will be your total revenue generated by your business.

**Next, determine the depreciation**Determine the total value of deprecation of the assets in your business.

**Next, determine the change in working capital**Calculate your change in working capital over the time period being analyzed.

**Next, determine the capital expenditures**This should be equal to your total operating expenses.

**Finally, calculate the free cash flow**Calculate the free cash flow of your business or asset using the information from steps 1-4 and the formula above.

## FAQ

**What is free cash flow?**

Free cash flow is the total cash, or money, that you have available to spend after all expenses and depreciation is accounted for.

## Related Terms

free cash flow calculator |

free cash flow formula |

how to calculate free cash flow |

fcf formula |

fcff formula |

fcfe formula |

fcf calculation |

levered free cash flow formula |

free cash flow equation |

unlevered free cash flow formula |

free cash flow to equity formula |

how to calculate fcf |

free cash flow to firm formula |

how to find free cash flow |

how to calculate free cash flow from financial statements |

free cash flow analysis |

how to compute free cash flow |

fcf equation |

fcfe calculation |

how do you calculate free cash flow |

free cash flow formula accounting |

free cash flow yield formula |

compute free cash flow |

free cash flow conversion formula |

how to calculate fcff |

levered cash flow formula |

fcf conversion formula |

how to calculate unlevered free cash flow |

unlevered cash flow formula |

free cash flow calculation example |

how to calculate levered free cash flow |

fcff and fcfe formula |

how to determine free cash flow |

fcff calculator |

the formula to calculate free cash flow is |

calculate fcff |

operating free cash flow formula |

unlevered free cash flow calculation |

how to calculate free cash flow to equity |

how to find fcf |

free cash flow calc |

free cash flow calculation from ebitda |

free cash flow ratio formula |

how to calculate free cash flow from cash flow statement |

how to calculate free cash flow yield |

formula for fcff |

levered free cash flow calculation |

free cash flow calculation formula |

net free cash flow formula |

capital cash flow formula |

discounted free cash flow formula |

free cash flow calculator excel |

free cash flow formula ebitda |

free cash flow yield calculation |

free cash flow is calculated as |

how to calculate free cash flow to firm |

fcff fcfe formula |

formula fcf |

free operating cash flow to total debt formula |

free cash flow calculator online |

free cash flow formula example |

free cash flow to equity calculation |

free cash flow valuation calculator |

free cash flow valuation model calculator |

how to calculate fcf yield |

free cash flow formula excel |

free cash formula |

npv free cash flow |

how to find free cash flow from financial statements |

formula for unlevered free cash flow |

how to calculate free cash flow from ebitda |

free cash flow margin formula |

free cash flow to firm calculation |

how to calculate free cash flow from balance sheet |

free cash flow formula from net income |

free cash flow per share formula |

calculate free cash flow from cash flow statement |

discounted free cash flow calculator |

financial cash flow formula |

fcfe calculator |

finding free cash flow |

calculation free cash flow |

how to calculate fcfe from fcff |

how do i calculate free cash flow |

how to calculate free cash flow to the firm |

calculate free cash flow to equity |

how to estimate free cash flow |

how do you find free cash flow |

how to calculate free cash flow example |

how to calculate free cash flow from income statement |

how to calculate free cash flow in excel |

fcfe fcff formula |

formula for free cash flow to firm |

calculate the free cash flow for each year |

determining free cash flow |

fcff calculation example |

formula of fcff |

price to free cash flow formula |

how to calculate free cash flow ratio |

free cash flow valuation model formula |

fcf to equity formula |

incremental free cash flow formula |

how to calculate cash flow yield |

how to work out free cash flow |

how to find free cash flow of a company |

how calculate free cash flow |

free cash flow valuation formula |

how to compute free cash flow from cash flow statement |

fcf calculation example |

how to calculate free cash flow conversion |

free cash flow analysis example |

formula for free cash flow to equity |

how to figure out free cash flow |

how to calculate free cash flow accounting |

levered free cash flow equation |

how to calculate fcf from cash flow statement |

estimating free cash flow |

how to calculate free cash flow from statement of cash flows |

how to find the free cash flow |

free cash flow calculation from cash flow statement |

free cash flow analysis template |

how do you compute free cash flow |

how to calculate fcff and fcfe |

pro forma free cash flow formula |

formula for calculating free cash flow |

how to calculate operating free cash flow |

operating free cash flow calculation |

fcff valuation formula |

how to calculate capital expenditure in free cash flow |

how to calculate discounted free cash flow |

how to find free cash flow from cash flow statement |

how to calc free cash flow |

calculate enterprise value from free cash flow |

calculate free cash flow from income statement |

how free cash flow is calculated |

cash flow constant |