D2L Inc.

DTOL.TOTSXConsumer Defensive● Active

$9.35

$-0.27(-2.81%)

Market Cap$512051376

P/E Ratio—

52W High$19.05

52W Low$7.15

Avg Volume58K

Open$9.53

Beta1.37

Free Cash Flow Financials Revenue

D2L Inc. (DTOL.TO) Free Cash Flow & Analysis

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

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

Core FCF metrics

DTOL.TO · FCF · TTM · margin & CAGR

Free cash flow was $43.0M for FY2026 (fiscal year ending 2026-01-31), up 59.4% year-over-year The FCF margin was 19.4%. Five-year CAGR stands at +23.6%.

FY2026 Free Cash Flow$43.0M▲ +59.4% YoY

Trailing 12M (TTM)$49.0Mtrailing 4 quarters sum

FCF Margin19.4%$43.0M ÷ revenue

3-Year CAGR+638.0%FY2023 → FY2026

5-Year CAGR+23.6%FY2021 → FY2026

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

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

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2026Latest$43.8M(1M)$43.0M▲ +59.4%19.4%

FY2025$27.9M(1M)$27.0M▲ +171.6%13.1%

FY2024$15.7M(6M)$9.9M▲ +9182.0%5.5%

FY2023$3.8M(4M)$107,000▲ +115.6%0.1%

FY2022$112,251(1M)−$683,707▼ 104.6%-0.5%

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

FCF valuation metrics

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

D2L Inc. (DTOL.TO) trades at a FCF yield of 13.34% and a price-to-free-cash-flow ratio of 10.4x. FCF per share stands at $0.90, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

13.34%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$0.90

TTM FCF ÷ Shares Outstanding

Price / FCF

x10.4

Share Price ÷ FCF per Share

EV / FCF (TTM)

x5.3

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2026 · 2026-01-31

Cash flow statement summary

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

For FY2026, D2L Inc. generated $43.8M in operating cash flow and spent 1M in capital expenditures, yielding $43.0M in free cash flow.

Operating Activities

+$43.8M

Cash from core business operations

2026-01-31

Investing Activities

−$6.2M

CapEx, acquisitions & investments

2026-01-31

Financing Activities

−$19.5M

Buybacks, dividends & debt

2026-01-31

FCF FormulaOperating CF ($43.8M) − |CapEx| (1M) = FCF ($43.0M)

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

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Defensive)

DTOL.TO vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

D2L Inc.YOU

DTOL.TO

$43.0M+59.4%19.4%

The Procter & Gamble Company

$14.04B-15.0%16.7%

94%

Philip Morris International Inc.

$10.66B-1.0%26.2%

71%

Costco Wholesale Corporation

COST

$7.84B+18.2%2.8%

53%

The Coca-Cola Company

$5.30B+11.7%11.0%

35%

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

About Free Cash Flow & Methodology

D2L Inc. (DTOL.TO) reported free cash flow of $43.0M for FY2026 (fiscal year ending 2026-01-31), up 59.4% year-over-year. The FCF margin was 19.4%.

Based on available data, D2L Inc. has maintained positive free cash flow for at least 7 fiscal year(s). FCF peaked at $43.0M in FY2026. The 5-year CAGR stands at +23.6%.

D2L Inc.'s FCF yield is 13.34% and price-to-FCF ratio is 10.4x for FY2026, 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

DTOL.TO free cash flow · 8 questions

D2L Inc. free cash flow was $43.0M for FY2026, up 59.4% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $49.0M.

DTOL.TO free cash flowDTOL.TO FCFDTOL.TO FCF 2026DTOL.TO free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · D2L Inc. · D2L Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026