SouthState Corporation

SSBNYSEFinancial Services● Active

$94.61

$-0.71(-0.74%)

Market Cap$9.2B

P/E Ratio—

52W High$108.46

52W Low$84.48

Avg Volume828K

Open$95.33

Beta0.71

Free Cash Flow Financials Revenue

SouthState Corporation (SSB) Free Cash Flow & Analysis

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

SSB · free cash flow · updated Jun 8, 2026

Core FCF metrics

SSB · FCF · TTM · margin & CAGR

Free cash flow was −$542.0M for FY2025 (fiscal year ending 2025-12-31), down 213.8% year-over-year The FCF margin was -14.4%.

FY2025 Free Cash Flow−$542.0M▼ -213.8% YoY

Trailing 12M (TTM)$575.9MTrailing 4Q sum · TTM positive vs latest FY negative

FCF Margin-14.4%−$542.0M ÷ 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

SSB · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest−$471.8M(70M)−$542.0M▼ 213.8%-14.4%

FY2024$512.0M(36M)$476.2M▼ 6.2%19.9%

FY2023$546.8M(39M)$507.9M▼ 70.4%23.2%

FY2022$1.73B(18M)$1.71B▲ +342.4%102.3%

FY2021$415.7M(28M)$387.3M▼ 25.5%27.3%

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

FCF valuation metrics

SSB · P/FCF · FCF yield · FCF per share

SouthState Corporation (SSB) trades at a FCF yield of 6.24% and a price-to-free-cash-flow ratio of 16.4x. FCF per share stands at $5.76, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

6.24%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$5.76

TTM FCF ÷ Shares Outstanding

Price / FCF

x16.4

Share Price ÷ FCF per Share

EV / FCF (TTM)

x17.3

Enterprise Value basis

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

Cash flow statement summary

SSB · cash flow statement · operating / investing / financing

For FY2025, SouthState Corporation generated −$471.8M in operating cash flow and spent 70M in capital expenditures, yielding −$542.0M in free cash flow.

Operating Activities

−$471.8M

Cash from core business operations

2025-12-31

Investing Activities

+$792.2M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$1.46B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF (−$471.8M) − |CapEx| (70M) = FCF (−$542.0M)

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

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

SSB vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

SouthState CorporationYOU

SSB

−$542.0M-213.8%-14.4%

Loss

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

SouthState Corporation (SSB) reported free cash flow of −$542.0M for FY2025 (fiscal year ending 2025-12-31), down 213.8% year-over-year. The FCF margin was -14.4%.

Based on available data, SouthState Corporation has maintained positive free cash flow for at least 14 fiscal year(s). FCF peaked at $1.71B in FY2022.

SouthState Corporation's FCF yield is 6.24% and price-to-FCF ratio is 16.4x 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

SSB free cash flow · 8 questions

SouthState Corporation free cash flow was −$542.0M for FY2025, down 213.8% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $575.9M.

SSB free cash flowSSB FCFSSB FCF 2025SSB free cash flow TTM

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