Bank of America Corporation

BOFA.NENEOFinancial Services● Active

$27.16

+$0.19(+0.70%)

Market Cap$521.0B

P/E Ratio—

52W High$28.55

52W Low$17.14

Avg Volume28K

Open$27.01

Beta1.30

Overview

Bank of America Corporation (BOFA.NE) Free Cash Flow & Analysis

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

BOFA.NE · free cash flow · updated Jun 8, 2026

Core FCF metrics

BOFA.NE · FCF · TTM · margin & CAGR

Free cash flow was $12.61B for FY2025 (fiscal year ending 2025-12-31), up 243.2% year-over-year The FCF margin was 6.5%. Five-year CAGR stands at -19.8%.

FY2025 Free Cash Flow$12.61B▲ +243.2% YoY

Trailing 12M (TTM)$56.57Btrailing 4 quarters sum

FCF Margin6.5%$12.61B ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGR-19.8%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

BOFA.NE · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$12.61B(0M)$12.61B▲ +243.2%6.5%

FY2024−$8.80B(0M)−$8.80B▼ 119.6%-19.2%

FY2023$44.98B(0M)$44.98B▲ +811.0%45.6%

FY2022−$6.33B(0M)−$6.33B▲ +12.0%-6.7%

FY2021−$7.19B(0M)−$7.19B▼ 118.9%-8.1%

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

FCF valuation metrics

BOFA.NE · P/FCF · FCF yield · FCF per share

Bank of America Corporation (BOFA.NE) trades at a FCF yield of 14.74% and a price-to-free-cash-flow ratio of 3.6x. FCF per share stands at $7.52, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

14.74%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$7.52

TTM FCF ÷ Shares Outstanding

Price / FCF

x3.6

Share Price ÷ FCF per Share

EV / FCF (TTM)

x9.3

Enterprise Value basis

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

Cash flow statement summary

BOFA.NE · cash flow statement · operating / investing / financing

For FY2025, Bank of America Corporation generated $12.61B in operating cash flow and spent 0M in capital expenditures, yielding $12.61B in free cash flow.

Operating Activities

+$12.61B

Cash from core business operations

2025-12-31

Investing Activities

−$145.16B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$69.95B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($12.61B) − |CapEx| (0M) = FCF ($12.61B)

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

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

BOFA.NE vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Bank of America CorporationYOU

BOFA.NE

$12.61B+243.2%6.5%

13%

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

Bank of America Corporation (BOFA.NE) reported free cash flow of $12.61B for FY2025 (fiscal year ending 2025-12-31), up 243.2% year-over-year. The FCF margin was 6.5%.

Based on available data, Bank of America Corporation has maintained positive free cash flow for at least 11 fiscal year(s). FCF peaked at $92.30B in FY2013. The 5-year CAGR stands at -19.8%.

Bank of America Corporation's FCF yield is 14.74% and price-to-FCF ratio is 3.6x 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

BOFA.NE free cash flow · 8 questions

Bank of America Corporation free cash flow was $12.61B for FY2025, up 243.2% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $56.57B.

BOFA.NE free cash flowBOFA.NE FCFBOFA.NE FCF 2025BOFA.NE free cash flow TTM

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