Cascades Inc.

CAS.TOTSXConsumer Cyclical● Active

$10.72

$-0.02(-0.19%)

Market Cap$1.1B

P/E Ratio—

52W High$14.2

52W Low$8.8

Avg Volume223K

Open$10.80

Beta0.68

Free Cash Flow Financials Revenue

Cascades Inc. (CAS.TO) Free Cash Flow & Analysis

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

CAS.TO · free cash flow · updated Jun 8, 2026

Core FCF metrics

CAS.TO · FCF · TTM · margin & CAGR

Free cash flow was $227.0M for FY2025 (fiscal year ending 2025-12-31), up 158.0% year-over-year The FCF margin was 4.8%. Five-year CAGR stands at -6.9%.

FY2025 Free Cash Flow$227.0M▲ +158.0% YoY

Trailing 12M (TTM)$305.0Mtrailing 4 quarters sum

FCF Margin4.8%$227.0M ÷ revenue

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

5-Year CAGR-6.9%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

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

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

CAS.TO · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$379.0M(152M)$227.0M▲ +158.0%4.8%

FY2024$272.0M(184M)$88.0M▼ 44.7%1.9%

FY2023$510.0M(351M)$159.0M▲ +143.9%3.4%

FY2022$144.0M(506M)−$362.0M▼ 302.2%-8.1%

FY2021$211.0M(301M)−$90.0M▼ 127.8%-2.3%

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

FCF valuation metrics

CAS.TO · P/FCF · FCF yield · FCF per share

Cascades Inc. (CAS.TO) trades at a FCF yield of 27.88% and a price-to-free-cash-flow ratio of 3.6x. FCF per share stands at $3.01, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

27.88%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$3.01

TTM FCF ÷ Shares Outstanding

Price / FCF

x3.6

Share Price ÷ FCF per Share

EV / FCF (TTM)

x9.8

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

CAS.TO · cash flow statement · operating / investing / financing

For FY2025, Cascades Inc. generated $379.0M in operating cash flow and spent 152M in capital expenditures, yielding $227.0M in free cash flow.

Operating Activities

+$379.0M

Cash from core business operations

2025-12-31

Investing Activities

−$94.0M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$263.0M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($379.0M) − |CapEx| (152M) = FCF ($227.0M)

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

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Cyclical)

CAS.TO vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Cascades Inc.YOU

CAS.TO

$227.0M+158.0%4.8%

Toyota Motor Corporation

Alibaba Group Holding Limited

BABA

−$50.72B-164.9%-5.0%

Loss

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

About Free Cash Flow & Methodology

Cascades Inc. (CAS.TO) reported free cash flow of $227.0M for FY2025 (fiscal year ending 2025-12-31), up 158.0% year-over-year. The FCF margin was 4.8%.

Based on available data, Cascades Inc. has maintained positive free cash flow for at least 12 fiscal year(s). FCF peaked at $324.0M in FY2020. The 5-year CAGR stands at -6.9%.

Cascades Inc.'s FCF yield is 27.88% and price-to-FCF ratio is 3.6x 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

CAS.TO free cash flow · 8 questions

Cascades Inc. free cash flow was $227.0M for FY2025, up 158.0% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $305.0M.

CAS.TO free cash flowCAS.TO FCFCAS.TO FCF 2025CAS.TO free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Cascades Inc. · Cascades Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026