GMS Inc.

GMSNYSEIndustrials

$109.96

+$0.00(+0.00%)

Market Cap$4.2B

P/E Ratio—

52W High$110.28

52W Low$65.77

Avg Volume1.5M

Open$109.97

Beta1.76

Free Cash Flow Financials Revenue

GMS Inc. (GMS) Free Cash Flow & Analysis

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

GMS · free cash flow · updated Jun 9, 2026

Core FCF metrics

GMS · FCF · TTM · margin & CAGR

Free cash flow was $336.1M for FY2025 (fiscal year ending 2025-04-30), down 10.6% year-over-year The FCF margin was 6.1%. Five-year CAGR stands at +3.9%.

FY2025 Free Cash Flow$336.1M▼ -10.6% YoY

Trailing 12M (TTM)$328.6Mtrailing 4 quarters sum

FCF Margin6.1%$336.1M ÷ revenue

3-Year CAGR+34.4%FY2022 → FY2025

5-Year CAGR+3.9%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 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

GMS · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$383.6M(47M)$336.1M▼ 10.6%6.1%

FY2024$433.2M(57M)$376.0M▼ 3.4%6.8%

FY2023$441.7M(53M)$389.1M▲ +180.9%7.3%

FY2022$179.6M(41M)$138.5M▲ +12.2%3.0%

FY2021$153.3M(30M)$123.4M▼ 55.6%3.7%

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

FCF valuation metrics

GMS · P/FCF · FCF yield · FCF per share

GMS Inc. (GMS) trades at a FCF yield of 5.41% and a price-to-free-cash-flow ratio of 13.0x. FCF per share stands at $8.44, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

5.41%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$8.44

TTM FCF ÷ Shares Outstanding

Price / FCF

x13.0

Share Price ÷ FCF per Share

EV / FCF (TTM)

x25.6

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-04-30

Cash flow statement summary

GMS · cash flow statement · operating / investing / financing

For FY2025, GMS Inc. generated $383.6M in operating cash flow and spent 47M in capital expenditures, yielding $336.1M in free cash flow.

Operating Activities

+$383.6M

Cash from core business operations

2025-04-30

Investing Activities

−$239.5M

CapEx, acquisitions & investments

2025-04-30

Financing Activities

−$255.2M

Buybacks, dividends & debt

2025-04-30

FCF FormulaOperating CF ($383.6M) − |CapEx| (47M) = FCF ($336.1M)

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

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

GMS vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

GMS Inc.YOU

GMS

$336.1M-10.6%6.1%

Space Exploration Technologies Corp.

SPCX

−$13.95B-159.0%-74.7%

Loss

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

About Free Cash Flow & Methodology

GMS Inc. (GMS) reported free cash flow of $336.1M for FY2025 (fiscal year ending 2025-04-30), down 10.6% year-over-year. The FCF margin was 6.1%.

Based on available data, GMS Inc. has maintained positive free cash flow for at least 12 fiscal year(s). FCF peaked at $389.1M in FY2023. The 5-year CAGR stands at +3.9%.

GMS Inc.'s FCF yield is 5.41% and price-to-FCF ratio is 13.0x 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

GMS free cash flow · 8 questions

GMS Inc. free cash flow was $336.1M for FY2025, down 10.6% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $328.6M.

GMS free cash flowGMS FCFGMS FCF 2025GMS free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · GMS Inc. · GMS Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026