Definity Financial Corporation

DFY.TOTSXFinancial Services● Active

$69.31

+$0.81(+1.18%)

Market Cap$8.3B

P/E Ratio—

52W High$79.95

52W Low$61.87

Avg Volume174K

Open$68.08

Beta0.14

Free Cash Flow Financials Revenue

Definity Financial Corporation (DFY.TO) Free Cash Flow & Analysis

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

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

Core FCF metrics

DFY.TO · FCF · TTM · margin & CAGR

Free cash flow was $413.0M for FY2025 (fiscal year ending 2025-12-31), up 78.3% year-over-year The FCF margin was 8.5%. Five-year CAGR stands at -1.6%.

FY2025 Free Cash Flow$413.0M▲ +78.3% YoY

Trailing 12M (TTM)$352.2Mtrailing 4 quarters sum

FCF Margin8.5%$413.0M ÷ revenue

3-Year CAGR+35.5%FY2022 → FY2025

5-Year CAGR-1.6%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

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

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$512.6M(100M)$413.0M▲ +78.3%8.5%

FY2024$307.2M(76M)$231.6M▼ 12.4%5.1%

FY2023$351.8M(88M)$264.3M▲ +59.1%6.5%

FY2022$256.9M(91M)$166.1M▼ 72.6%5.5%

FY2021$655.2M(49M)$605.8M▲ +35.4%—

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

FCF valuation metrics

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

Definity Financial Corporation (DFY.TO) trades at a FCF yield of 4.21% and a price-to-free-cash-flow ratio of 23.1x. FCF per share stands at $3.00, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

4.21%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$3.00

TTM FCF ÷ Shares Outstanding

Price / FCF

x23.1

Share Price ÷ FCF per Share

EV / FCF (TTM)

x28.0

Enterprise Value basis

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

Cash flow statement summary

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

For FY2025, Definity Financial Corporation generated $512.6M in operating cash flow and spent 100M in capital expenditures, yielding $413.0M in free cash flow.

Operating Activities

+$512.6M

Cash from core business operations

2025-12-31

Investing Activities

−$1.66B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$1.16B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($512.6M) − |CapEx| (100M) = FCF ($413.0M)

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

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

DFY.TO vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Definity Financial CorporationYOU

DFY.TO

$413.0M+78.3%8.5%

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

Definity Financial Corporation (DFY.TO) reported free cash flow of $413.0M for FY2025 (fiscal year ending 2025-12-31), up 78.3% year-over-year. The FCF margin was 8.5%.

Based on available data, Definity Financial Corporation has maintained positive free cash flow for at least 8 fiscal year(s). FCF peaked at $605.8M in FY2021. The 5-year CAGR stands at -1.6%.

Definity Financial Corporation's FCF yield is 4.21% and price-to-FCF ratio is 23.1x 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

DFY.TO free cash flow · 8 questions

Definity Financial Corporation free cash flow was $413.0M for FY2025, up 78.3% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $352.2M.

DFY.TO free cash flowDFY.TO FCFDFY.TO FCF 2025DFY.TO free cash flow TTM

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