AGF Management Limited

AGF-B.TOTSXFinancial Services● Active

$17.89

+$0.71(+4.13%)

Market Cap$1.1B

P/E Ratio—

52W High$20.91

52W Low$11.57

Avg Volume262K

Open$17.30

Beta1.16

Free Cash Flow Financials Revenue

AGF Management Limited (AGF-B.TO) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

AGF-B.TO · free cash flow · updated Jun 9, 2026

Core FCF metrics

AGF-B.TO · FCF · TTM · margin & CAGR

Free cash flow was $106.7M for FY2025 (fiscal year ending 2025-11-30), down 5.0% year-over-year The FCF margin was 19.1%. Five-year CAGR stands at +3.7%.

FY2025 Free Cash Flow$106.7M▼ -5.0% YoY

Trailing 12M (TTM)$105.3Mtrailing 4 quarters sum

FCF Margin19.1%$106.7M ÷ revenue

3-Year CAGR+30.3%FY2022 → FY2025

5-Year CAGR+3.7%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 9, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

AGF-B.TO · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$111.6M(5M)$106.7M▼ 5.0%19.1%

FY2024$114.6M(2M)$112.4M▲ +34.1%22.1%

FY2023$87.2M(3M)$83.8M▲ +73.6%17.8%

FY2022$64.6M(16M)$48.3M▲ +39.8%10.8%

FY2021$47.8M(13M)$34.5M▼ 61.3%7.7%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

AGF-B.TO · P/FCF · FCF yield · FCF per share

AGF Management Limited (AGF-B.TO) trades at a FCF yield of 9.18% and a price-to-free-cash-flow ratio of 11.0x. FCF per share stands at $1.63, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

9.18%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$1.63

TTM FCF ÷ Shares Outstanding

Price / FCF

x11.0

Share Price ÷ FCF per Share

EV / FCF (TTM)

x12.1

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-11-30

Cash flow statement summary

AGF-B.TO · cash flow statement · operating / investing / financing

For FY2025, AGF Management Limited generated $111.6M in operating cash flow and spent 5M in capital expenditures, yielding $106.7M in free cash flow.

Operating Activities

+$111.6M

Cash from core business operations

2025-11-30

Investing Activities

−$81.0M

CapEx, acquisitions & investments

2025-11-30

Financing Activities

−$35.9M

Buybacks, dividends & debt

2025-11-30

FCF FormulaOperating CF ($111.6M) − |CapEx| (5M) = FCF ($106.7M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

AGF-B.TO vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

AGF Management LimitedYOU

AGF-B.TO

$106.7M-5.0%19.1%

Berkshire Hathaway Inc.

BRK-A

$25.04B+115.6%6.7%

25%

Berkshire Hathaway Inc.

Mastercard Incorporated

$16.91B+18.2%51.6%

17%

Financial Services · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

AGF Management Limited (AGF-B.TO) reported free cash flow of $106.7M for FY2025 (fiscal year ending 2025-11-30), down 5.0% year-over-year. The FCF margin was 19.1%.

Based on available data, AGF Management Limited has maintained positive free cash flow for at least 13 fiscal year(s). FCF peaked at $117.6M in FY2013. The 5-year CAGR stands at +3.7%.

AGF Management Limited's FCF yield is 9.18% and price-to-FCF ratio is 11.0x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

AGF-B.TO free cash flow · 8 questions

AGF Management Limited free cash flow was $106.7M for FY2025, down 5.0% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $105.3M.

AGF-B.TO free cash flowAGF-B.TO FCFAGF-B.TO FCF 2025AGF-B.TO free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · AGF Management Limited · AGF Management Limited SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026