Capital Southwest Corporation

CSWCNASDAQFinancial Services● Active

$23.16

$-0.05(-0.22%)

Market Cap$1.4B

P/E Ratio—

52W High$24.43

52W Low$19.37

Avg Volume665K

Open$23.29

Beta0.74

Free Cash Flow Financials Revenue

Capital Southwest Corporation (CSWC) Free Cash Flow & Analysis

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

CSWC · free cash flow · updated Jun 8, 2026

Core FCF metrics

CSWC · FCF · TTM · margin & CAGR

Free cash flow was −$193.5M for FY2026 (fiscal year ending 2026-03-31), up 11.6% year-over-year The FCF margin was -78.7%.

FY2026 Free Cash Flow−$193.5M▲ +11.6% YoY

Trailing 12M (TTM)−$66.6Mtrailing 4 quarters sum

FCF Margin-78.7%−$193.5M ÷ 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 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

CSWC · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2026Latest−$193.5M(0M)−$193.5M▲ +11.6%-78.7%

FY2025−$217.3M(2M)−$218.9M▼ 16.1%-133.6%

FY2024−$188.5M(0M)−$188.5M▲ +17.1%-123.9%

FY2023−$227.1M(0M)−$227.4M▼ 23.1%-251.7%

FY2022−$182.7M(2M)−$184.7M▲ +0.0%-179.4%

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

FCF valuation metrics

CSWC · P/FCF · FCF yield · FCF per share

Capital Southwest Corporation (CSWC) reported negative free cash flow of −$0.19B. 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-statementFY2026 · 2026-03-31

Cash flow statement summary

CSWC · cash flow statement · operating / investing / financing

For FY2026, Capital Southwest Corporation generated −$193.5M in operating cash flow and spent 0M in capital expenditures, yielding −$193.5M in free cash flow.

Operating Activities

−$193.5M

Cash from core business operations

2026-03-31

Investing Activities

−$0.3M

CapEx, acquisitions & investments

2026-03-31

Financing Activities

+$178.4M

Buybacks, dividends & debt

2026-03-31

FCF FormulaOperating CF (−$193.5M) − |CapEx| (0M) = FCF (−$193.5M)

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

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

CSWC vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Capital Southwest CorporationYOU

CSWC

−$193.5M+11.6%-78.7%

Loss

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

Capital Southwest Corporation (CSWC) reported free cash flow of −$193.5M for FY2026 (fiscal year ending 2026-03-31), up 11.6% year-over-year. The FCF margin was -78.7%.

Based on available data, Capital Southwest Corporation has maintained positive free cash flow for at least 5 fiscal year(s). FCF peaked at $194.3M in FY2015.

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

CSWC free cash flow · 8 questions

Capital Southwest Corporation free cash flow was −$193.5M for FY2026, up 11.6% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$66.6M.

CSWC free cash flowCSWC FCFCSWC FCF 2026CSWC free cash flow TTM

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