Fulton Financial Corporation

FULTNASDAQFinancial Services● Active

$22.18

+$0.23(+1.05%)

Market Cap$4.2B

P/E Ratio—

52W High$22.99

52W Low$16.6

Avg Volume2.0M

Open$22.00

Beta0.82

Free Cash Flow Financials Revenue

Fulton Financial Corporation (FULT) Free Cash Flow & Analysis

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

FULT · free cash flow · updated Jun 8, 2026

Core FCF metrics

FULT · FCF · TTM · margin & CAGR

Free cash flow was $284.3M for FY2025 (fiscal year ending 2025-12-31), down 24.0% year-over-year The FCF margin was 15.0%. Five-year CAGR stands at +15.7%.

FY2025 Free Cash Flow$284.3M▼ -24.0% YoY

Trailing 12M (TTM)$389.3Mtrailing 4 quarters sum

FCF Margin15.0%$284.3M ÷ revenue

3-Year CAGR-20.9%FY2022 → FY2025

5-Year CAGR+15.7%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

FULT · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$304.5M(20M)$284.3M▼ 24.0%15.0%

FY2024$416.6M(42M)$374.1M▲ +13.4%20.8%

FY2023$363.0M(33M)$330.0M▼ 42.5%22.0%

FY2022$594.8M(21M)$573.5M▲ +78.8%52.5%

FY2021$338.4M(18M)$320.7M▲ +133.9%32.2%

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

FCF valuation metrics

FULT · P/FCF · FCF yield · FCF per share

Fulton Financial Corporation (FULT) trades at a FCF yield of 9.18% and a price-to-free-cash-flow ratio of 10.5x. FCF per share stands at $2.12, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

9.18%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$2.12

TTM FCF ÷ Shares Outstanding

Price / FCF

x10.5

Share Price ÷ FCF per Share

EV / FCF (TTM)

x11.4

Enterprise Value basis

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

Cash flow statement summary

FULT · cash flow statement · operating / investing / financing

For FY2025, Fulton Financial Corporation generated $304.5M in operating cash flow and spent 20M in capital expenditures, yielding $284.3M in free cash flow.

Operating Activities

+$304.5M

Cash from core business operations

2025-12-31

Investing Activities

−$82.2M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$224.6M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($304.5M) − |CapEx| (20M) = FCF ($284.3M)

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

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

FULT vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Fulton Financial CorporationYOU

FULT

$284.3M-24.0%15.0%

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

Fulton Financial Corporation (FULT) reported free cash flow of $284.3M for FY2025 (fiscal year ending 2025-12-31), down 24.0% year-over-year. The FCF margin was 15.0%.

Based on available data, Fulton Financial Corporation has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $573.5M in FY2022. The 5-year CAGR stands at +15.7%.

Fulton Financial Corporation's FCF yield is 9.18% and price-to-FCF ratio is 10.5x 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

FULT free cash flow · 8 questions

Fulton Financial Corporation free cash flow was $284.3M for FY2025, down 24.0% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $389.3M.

FULT free cash flowFULT FCFFULT FCF 2025FULT free cash flow TTM

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