Dowa Holdings Co., Ltd.

DWMNFOTCBasic Materials● Active

$63.06

+$1.06(+1.71%)

Market Cap$3.7B

P/E Ratio—

52W High$75

52W Low$30.3

Avg Volume6

Open$63.06

Beta0.83

Free Cash Flow Financials Revenue

Dowa Holdings Co., Ltd. (DWMNF) Free Cash Flow & Analysis

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

DWMNF · free cash flow · updated Jun 8, 2026

Core FCF metrics

DWMNF · FCF · TTM · margin & CAGR

Free cash flow was −$29.55B for FY2026 (fiscal year ending 2026-03-31), up 14.0% year-over-year The FCF margin was -3.9%.

FY2026 Free Cash Flow−$29.55B▲ +14.0% YoY

Trailing 12M (TTM)$0trailing 4 quarters sum

FCF Margin-3.9%−$29.55B ÷ 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

DWMNF · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2026Latest$5.27B(34.82B)−$29.55B▲ +14.0%-3.9%

FY2025$12.83B(47.18B)−$34.35B▼ 142.8%-5.1%

FY2024$118.63B(38.36B)$80.27B▲ +354.8%11.2%

FY2023$50.73B(33.08B)$17.65B▼ 37.3%2.3%

FY2022$59.91B(31.78B)$28.13B▲ +173.8%3.4%

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

FCF valuation metrics

DWMNF · P/FCF · FCF yield · FCF per share

Dowa Holdings Co., Ltd. (DWMNF) reported negative free cash flow of −$29.55B. 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

DWMNF · cash flow statement · operating / investing / financing

For FY2026, Dowa Holdings Co., Ltd. generated $5.27B in operating cash flow and spent 34.82B in capital expenditures, yielding −$29.55B in free cash flow.

Operating Activities

+$5.27B

Cash from core business operations

2026-03-31

Investing Activities

+$12.13B

CapEx, acquisitions & investments

2026-03-31

Financing Activities

−$10.01B

Buybacks, dividends & debt

2026-03-31

FCF FormulaOperating CF ($5.27B) − |CapEx| (34.82B) = FCF (−$29.55B)

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

View Full Cash Flow Statement →

Free cash flow vs peers (Basic Materials)

DWMNF vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Dowa Holdings Co., Ltd.YOU

DWMNF

−$29.55B+14.0%-3.9%

Loss

Southern Copper Corporation

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

About Free Cash Flow & Methodology

Dowa Holdings Co., Ltd. (DWMNF) reported free cash flow of −$29.55B for FY2026 (fiscal year ending 2026-03-31), up 14.0% year-over-year. The FCF margin was -3.9%.

Based on available data, Dowa Holdings Co., Ltd. has maintained positive free cash flow for at least 11 fiscal year(s). FCF peaked at $80.27B in FY2024.

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

DWMNF free cash flow · 8 questions

Dowa Holdings Co., Ltd. free cash flow was −$29.55B for FY2026, up 14.0% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $0.

DWMNF free cash flowDWMNF FCFDWMNF FCF 2026DWMNF free cash flow TTM

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