Companies: 10,795·Total market cap: $144.5T
John Hancock Financial Opportunities Fund

John Hancock Financial Opportunities Fund

BTONYSEFinancial Services● Active
$37.35
+$0.34(+0.92%)
Market Cap$740385539
P/E Ratio
52W High$39.85
52W Low$32.01

John Hancock Financial Opportunities Fund (BTO) Free Cash Flow & Analysis

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

BTO · free cash flow · updated Jun 8, 2026

Core FCF metrics

Free cash flow was $9.3M for FY2025 (fiscal year ending 2025-12-31), down 79.0% year-over-year The FCF margin was 14.2%. Five-year CAGR stands at -25.2%.

FY2025 Free Cash Flow$9.3M▼ -79.0% YoY
Trailing 12M (TTM)$33.3Mtrailing 4 quarters sum
FCF Margin14.2%$9.3M ÷ revenue
3-Year CAGR-37.6%FY2022 → FY2025
5-Year CAGR-25.2%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 8, 2026

Annual free cash flow history

Positive FCFNegative FCF
Free Cash Flow
YoY Growth %
bto free cash flow history · bto free cash flow chart · bto free cash flow growth rate · bto free cash flow last 10 years

Annual free cash flow data

Fiscal YearFree Cash FlowYoY ChangeFCF Margin
FY2025Latest$9.3M▼ 79.0%14.2%
FY2024$44.5M▲ +16.9%31.3%
FY2023$38.1M▼ 0.9%158.3%
FY2022$38.4M▲ +20.9%70.0%
FY2021$31.8M▼ 20.4%12.4%
FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP
bto free cash flow 2025 · bto free cash flow 2024 · bto free cash flow 2023 · bto operating cash flow

FCF valuation metrics

John Hancock Financial Opportunities Fund (BTO) trades at a FCF yield of 1.26% and a price-to-free-cash-flow ratio of 22.2x. FCF per share stands at $1.68, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)
1.26%
Free Cash Flow ÷ Market Cap
per FMP freeCashFlowYieldTTM definition
FCF per Share (TTM)
$1.68
TTM FCF ÷ Shares Outstanding
Price / FCF
x22.2
Share Price ÷ FCF per Share
EV / FCF (TTM)
x93.1
Enterprise Value basis
Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31
bto price to free cash flow · bto free cash flow yield · bto free cash flow per share · bto price to cash flow ratio

Cash flow statement summary

For FY2025, John Hancock Financial Opportunities Fund generated $9.3M in operating cash flow and spent 0M in capital expenditures, yielding $9.3M in free cash flow.

Operating Activities
+$9.3M
Cash from core business operations
2025-12-31
Investing Activities
+$42.9M
CapEx, acquisitions & investments
2025-12-31
Financing Activities
−$48.9M
Buybacks, dividends & debt
2025-12-31
FCF FormulaOperating CF ($9.3M) − |CapEx| (0M) = FCF ($9.3M)

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

View Full Cash Flow Statement
bto cash flow statement · bto cash flow statement 2025 · bto operating cash flow · bto cash flow from operations

Free cash flow vs peers (Financial Services)

#CompanyFree Cash FlowYoY
#1
John Hancock Financial Opportunities Fund
John Hancock Financial Opportunities FundYOU
BTO
$9.3M-79.0%
#2
JPMorgan Chase & Co.
JPMorgan Chase & Co.
JPM
$100.87B+340.1%
#3
Berkshire Hathaway Inc.
Berkshire Hathaway Inc.
BRK-A
$25.04B+115.6%
#4
Berkshire Hathaway Inc.
Berkshire Hathaway Inc.
BRK-B
$25.04B+115.6%
#5
Visa Inc.
Visa Inc.
V
$21.58B+15.4%
#6
Mastercard Incorporated
Mastercard Incorporated
MA
$16.91B+18.2%
Financial Services · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

John Hancock Financial Opportunities Fund (BTO) reported free cash flow of $9.3M for FY2025 (fiscal year ending 2025-12-31), down 79.0% year-over-year. The FCF margin was 14.2%.

Based on available data, John Hancock Financial Opportunities Fund has maintained positive free cash flow for at least 12 fiscal year(s). FCF peaked at $50.2M in FY2015. The 5-year CAGR stands at -25.2%.

John Hancock Financial Opportunities Fund's FCF yield is 1.26% and price-to-FCF ratio is 22.2x 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.

Frequently asked questions

BTO free cash flow · 8 questions

John Hancock Financial Opportunities Fund free cash flow was $9.3M for FY2025, down 79.0% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $33.3M.

BTO free cash flowBTO FCFBTO FCF 2025BTO free cash flow TTM

Source: FMP /cash-flow-statement · US GAAP · John Hancock Financial Opportunities Fund · John Hancock Financial Opportunities Fund SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026