Fairfax Financial Holdings Limited

FFH.TOTSXFinancial Services● Active

$2,244.82

+$24.11(+1.09%)

Market Cap$46.3B

P/E Ratio—

52W High$2700

52W Low$2066.16

Avg Volume73K

Open$2,222.46

Beta0.45

Free Cash Flow Financials Revenue

Fairfax Financial Holdings Limited (FFH.TO) Free Cash Flow & Analysis

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

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

Core FCF metrics

FFH.TO · FCF · TTM · margin & CAGR

Free cash flow was $2.40B for FY2025 (fiscal year ending 2025-12-31), down 33.2% year-over-year The FCF margin was 7.9%.

FY2025 Free Cash Flow$2.40B▼ -33.2% YoY

Trailing 12M (TTM)$614.6Mtrailing 4 quarters sum

FCF Margin7.9%$2.40B ÷ 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

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

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$2.99B(596M)$2.40B▼ 33.2%7.9%

FY2024$3.99B(409M)$3.59B▲ +747.7%12.6%

FY2023−$39.4M(514M)−$553.5M▲ +88.6%-2.1%

FY2022−$4.42B(419M)−$4.84B▼ 177.0%-24.7%

FY2021$6.64B(354M)$6.29B▲ +4809.4%24.4%

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

FCF valuation metrics

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

Fairfax Financial Holdings Limited (FFH.TO) trades at a FCF yield of 1.87% and a price-to-free-cash-flow ratio of 78.4x. FCF per share stands at $28.65, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

1.87%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$28.65

TTM FCF ÷ Shares Outstanding

Price / FCF

x78.4

Share Price ÷ FCF per Share

EV / FCF (TTM)

x67.8

Enterprise Value basis

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

Cash flow statement summary

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

For FY2025, Fairfax Financial Holdings Limited generated $2.99B in operating cash flow and spent 596M in capital expenditures, yielding $2.40B in free cash flow.

Operating Activities

+$2.99B

Cash from core business operations

2025-12-31

Investing Activities

−$702.3M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$1.69B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($2.99B) − |CapEx| (596M) = FCF ($2.40B)

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

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

FFH.TO vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Fairfax Financial Holdings LimitedYOU

FFH.TO

$2.40B-33.2%7.9%

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

Fairfax Financial Holdings Limited (FFH.TO) reported free cash flow of $2.40B for FY2025 (fiscal year ending 2025-12-31), down 33.2% year-over-year. The FCF margin was 7.9%.

Based on available data, Fairfax Financial Holdings Limited has maintained positive free cash flow for at least 8 fiscal year(s). FCF peaked at $6.29B in FY2021.

Fairfax Financial Holdings Limited's FCF yield is 1.87% and price-to-FCF ratio is 78.4x 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

FFH.TO free cash flow · 8 questions

Fairfax Financial Holdings Limited free cash flow was $2.40B for FY2025, down 33.2% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $614.6M.

FFH.TO free cash flowFFH.TO FCFFFH.TO FCF 2025FFH.TO free cash flow TTM

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