Canadian Utilities Limited

CDUAFOTCUtilities● Active

$36.09

$-0.61(-1.65%)

Market Cap$7.4B

P/E Ratio—

52W High$41.7

52W Low$26.43

Avg Volume17K

Open$36.00

Beta0.59

Free Cash Flow Financials Revenue

Canadian Utilities Limited (CDUAF) Free Cash Flow & Analysis

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

CDUAF · free cash flow · updated Jun 8, 2026

Core FCF metrics

CDUAF · FCF · TTM · margin & CAGR

Free cash flow was $102.9M for FY2025 (fiscal year ending 2025-12-31), down 68.0% year-over-year The FCF margin was 2.8%. Five-year CAGR stands at -32.6%.

FY2025 Free Cash Flow$102.9M▼ -68.0% YoY

Trailing 12M (TTM)$327.5Mtrailing 4 quarters sum

FCF Margin2.8%$102.9M ÷ revenue

3-Year CAGR-48.9%FY2022 → FY2025

5-Year CAGR-32.6%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

CDUAF · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$1.54B(1.44B)$102.9M▼ 68.0%2.8%

FY2024$1.92B(1.59B)$322.0M▼ 27.0%8.6%

FY2023$1.78B(1.34B)$441.0M▼ 42.8%11.6%

FY2022$2.14B(1.37B)$771.0M▲ +55.1%19.1%

FY2021$1.72B(1.22B)$497.0M▼ 32.9%14.1%

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

FCF valuation metrics

CDUAF · P/FCF · FCF yield · FCF per share

Canadian Utilities Limited (CDUAF) trades at a FCF yield of 2.16% and a price-to-free-cash-flow ratio of 30.1x. FCF per share stands at $1.20, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

2.16%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$1.20

TTM FCF ÷ Shares Outstanding

Price / FCF

x30.1

Share Price ÷ FCF per Share

EV / FCF (TTM)

x98.5

Enterprise Value basis

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

Cash flow statement summary

CDUAF · cash flow statement · operating / investing / financing

For FY2025, Canadian Utilities Limited generated $1.54B in operating cash flow and spent 1.44B in capital expenditures, yielding $102.9M in free cash flow.

Operating Activities

+$1.54B

Cash from core business operations

2025-12-31

Investing Activities

−$1.64B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$845.3M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($1.54B) − |CapEx| (1.44B) = FCF ($102.9M)

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

View Full Cash Flow Statement →

Free cash flow vs peers (Utilities)

CDUAF vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Canadian Utilities LimitedYOU

CDUAF

$102.9M-68.0%2.8%

Constellation Energy Corporation

CEG

$1.29B+125.6%5.0%

35%

Duke Energy Corporation

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

About Free Cash Flow & Methodology

Canadian Utilities Limited (CDUAF) reported free cash flow of $102.9M for FY2025 (fiscal year ending 2025-12-31), down 68.0% year-over-year. The FCF margin was 2.8%.

Based on available data, Canadian Utilities Limited has maintained positive free cash flow for at least 9 fiscal year(s). FCF peaked at $771.0M in FY2022. The 5-year CAGR stands at -32.6%.

Canadian Utilities Limited's FCF yield is 2.16% and price-to-FCF ratio is 30.1x 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

CDUAF free cash flow · 8 questions

Canadian Utilities Limited free cash flow was $102.9M for FY2025, down 68.0% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $327.5M.

CDUAF free cash flowCDUAF FCFCDUAF FCF 2025CDUAF free cash flow TTM

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