Cango Inc.

CANGNYSEConsumer Cyclical● Active

$0.31

$-0.10(-24.54%)

Market Cap$123726569

P/E Ratio—

52W High$2.875

52W Low$0.3034

Avg Volume1.3M

Open$0.40

Beta0.87

Overview

Cango Inc. (CANG) Free Cash Flow & Analysis

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

CANG · free cash flow · updated Jun 8, 2026

Core FCF metrics

CANG · FCF · TTM · margin & CAGR

Free cash flow was −$1.57B for FY2025 (fiscal year ending 2025-12-31), down 26.8% year-over-year The FCF margin was -32.6%.

FY2025 Free Cash Flow−$1.57B▼ -26.8% YoY

Trailing 12M (TTM)−$1.57Btrailing 4 quarters sum

FCF Margin-32.6%−$1.57B ÷ 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

CANG · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest−$768.0M(803M)−$1.57B▼ 26.8%-32.6%

FY2024−$310.2M(929M)−$1.24B▼ 221.0%-154.0%

FY2023$1.03B(2M)$1.02B▲ +279.1%60.2%

FY2022−$567.4M(5M)−$572.0M▼ 35.1%-28.9%

FY2021−$404.4M(19M)−$423.3M▲ +32.5%-10.8%

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

FCF valuation metrics

CANG · P/FCF · FCF yield · FCF per share

Cango Inc. (CANG) reported negative free cash flow of −$1.57B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

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

Cash flow statement summary

CANG · cash flow statement · operating / investing / financing

For FY2025, Cango Inc. generated −$768.0M in operating cash flow and spent 803M in capital expenditures, yielding −$1.57B in free cash flow.

Operating Activities

−$768.0M

Cash from core business operations

2025-12-31

Investing Activities

+$550.2M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$1.04B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF (−$768.0M) − |CapEx| (803M) = FCF (−$1.57B)

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

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Cyclical)

CANG vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Cango Inc.YOU

CANG

−$1.57B-26.8%-32.6%

Loss

Toyota Motor Corporation

Alibaba Group Holding Limited

BABA

−$50.72B-164.9%-5.0%

Loss

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

About Free Cash Flow & Methodology

Cango Inc. (CANG) reported free cash flow of −$1.57B for FY2025 (fiscal year ending 2025-12-31), down 26.8% year-over-year. The FCF margin was -32.6%.

Based on available data, Cango Inc. has maintained positive free cash flow for at least 5 fiscal year(s). FCF peaked at $1.02B in FY2023.

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

CANG free cash flow · 8 questions

Cango Inc. free cash flow was −$1.57B for FY2025, down 26.8% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$1.57B.

CANG free cash flowCANG FCFCANG FCF 2025CANG free cash flow TTM

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