BEST Inc.

BESTNYSEIndustrials

$2.78

$-0.02(-0.71%)

Market Cap$55864100

P/E Ratio—

52W High$2.82

52W Low$1.85

Avg Volume28K

Open$2.73

Beta0.86

Free Cash Flow Financials Revenue

BEST Inc. (BEST) Free Cash Flow & Analysis

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

BEST · free cash flow · updated Jun 9, 2026

Core FCF metrics

BEST · FCF · TTM · margin & CAGR

Free cash flow was −$708.8M for FY2023 (fiscal year ending 2023-12-31), up 45.2% year-over-year The FCF margin was -8.5%.

FY2023 Free Cash Flow−$708.8M▲ +45.2% YoY

Trailing 12M (TTM)−$649.9Mtrailing 4 quarters sum

FCF Margin-8.5%−$708.8M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

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

BEST · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2023Latest−$545.1M(164M)−$708.8M▲ +45.2%-8.5%

FY2022−$1.12B(176M)−$1.29B▲ +57.9%-16.7%

FY2021−$2.85B(225M)−$3.08B▼ 6.4%-26.9%

FY2020−$231.2M(2.66B)−$2.89B▼ 92.7%-9.6%

FY2019$852.8M(2.35B)−$1.50B▲ +24.9%-4.3%

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

FCF valuation metrics

BEST · P/FCF · FCF yield · FCF per share

BEST Inc. (BEST) reported negative free cash flow of −$0.71B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2023 · 2023-12-31

Cash flow statement summary

BEST · cash flow statement · operating / investing / financing

For FY2023, BEST Inc. generated −$545.1M in operating cash flow and spent 164M in capital expenditures, yielding −$708.8M in free cash flow.

Operating Activities

−$545.1M

Cash from core business operations

2023-12-31

Investing Activities

+$629.0M

CapEx, acquisitions & investments

2023-12-31

Financing Activities

−$353.5M

Buybacks, dividends & debt

2023-12-31

FCF FormulaOperating CF (−$545.1M) − |CapEx| (164M) = FCF (−$708.8M)

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

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

BEST vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

BEST Inc.YOU

BEST

−$708.8M+45.2%-8.5%

Loss

Space Exploration Technologies Corp.

SPCX

−$13.95B-159.0%-74.7%

Loss

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

About Free Cash Flow & Methodology

BEST Inc. (BEST) reported free cash flow of −$708.8M for FY2023 (fiscal year ending 2023-12-31), up 45.2% year-over-year. The FCF margin was -8.5%.

BEST Inc. has reported negative free cash flow in recent periods, indicating capital expenditures have exceeded operating cash flow. Data available for 10 fiscal years.

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

BEST free cash flow · 8 questions

BEST Inc. free cash flow was −$708.8M for FY2023, up 45.2% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$649.9M.

BEST free cash flowBEST FCFBEST FCF 2023BEST free cash flow TTM

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