First Trust Energy Infrastructure Fund

FIFNYSEFinancial Services

$18.10

+$0.01(+0.06%)

Market Cap$283554600

P/E Ratio—

52W High$18.56

52W Low$13.8179

Avg Volume51K

Open$18.03

Beta1.05

Free Cash Flow Financials Revenue

First Trust Energy Infrastructure Fund (FIF) Free Cash Flow & Analysis

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

FIF · free cash flow · updated Jun 9, 2026

Core FCF metrics

FIF · FCF · TTM · margin & CAGR

Free cash flow was $1.9M for FY2023 (fiscal year ending 2023-11-30), down 93.5% year-over-year The FCF margin was 16.5%. Five-year CAGR stands at -48.9%.

FY2023 Free Cash Flow$1.9M▼ -93.5% YoY

Trailing 12M (TTM)—trailing 4 quarters sum

FCF Margin16.5%$1.9M ÷ revenue

3-Year CAGR-71.7%FY2020 → FY2023

5-Year CAGR-48.9%FY2018 → FY2023

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 9, 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

FIF · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2023Latest$1.9M(0M)$1.9M▼ 93.5%16.5%

FY2022$29.7M(0M)$29.7M▲ +492.3%46.2%

FY2021−$7.6M(0M)−$7.6M▼ 108.9%-15.6%

FY2020$85.5M(0M)$85.5M▲ +1995.3%—

FY2019−$4.5M(0M)−$4.5M▼ 108.1%-18.2%

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

FCF valuation metrics

FIF · P/FCF · FCF yield · FCF per share

First Trust Energy Infrastructure Fund (FIF) trades at a FCF yield of 0.68% and a price-to-free-cash-flow ratio of 150.8x. FCF per share stands at $0.12, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

0.68%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$0.12

TTM FCF ÷ Shares Outstanding

Price / FCF

x150.8

Share Price ÷ FCF per Share

EV / FCF (TTM)

x182.3

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2023 · 2023-11-30

Cash flow statement summary

FIF · cash flow statement · operating / investing / financing

For FY2023, First Trust Energy Infrastructure Fund generated $1.9M in operating cash flow and spent 0M in capital expenditures, yielding $1.9M in free cash flow.

Operating Activities

+$1.9M

Cash from core business operations

2023-11-30

Investing Activities

+$0.0M

CapEx, acquisitions & investments

2023-11-30

Financing Activities

−$16.9M

Buybacks, dividends & debt

2023-11-30

FCF FormulaOperating CF ($1.9M) − |CapEx| (0M) = FCF ($1.9M)

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

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

FIF vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

First Trust Energy Infrastructure FundYOU

FIF

$1.9M-93.5%16.5%

Berkshire Hathaway Inc.

BRK-B

$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

First Trust Energy Infrastructure Fund (FIF) reported free cash flow of $1.9M for FY2023 (fiscal year ending 2023-11-30), down 93.5% year-over-year. The FCF margin was 16.5%.

Based on available data, First Trust Energy Infrastructure Fund has maintained positive free cash flow for at least 5 fiscal year(s). FCF peaked at $85.5M in FY2020. The 5-year CAGR stands at -48.9%.

First Trust Energy Infrastructure Fund's FCF yield is 0.68% and price-to-FCF ratio is 150.8x for FY2023, 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

FIF free cash flow · 8 questions

First Trust Energy Infrastructure Fund free cash flow was $1.9M for FY2023, down 93.5% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at —.

FIF free cash flowFIF FCFFIF FCF 2023FIF free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · First Trust Energy Infrastructure Fund · First Trust Energy Infrastructure Fund SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026