Canadian Imperial Bank of Commerce

CMNYSEFinancial Services● Active

$108.84

$-0.27(-0.25%)

Market Cap$100.9B

P/E Ratio—

52W High$117.05

52W Low$67.46

Avg Volume1.4M

Open$108.59

Beta1.28

Overview

Canadian Imperial Bank of Commerce (CM) Free Cash Flow & Analysis

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

CM · free cash flow · updated Jun 8, 2026

Core FCF metrics

CM · FCF · TTM · margin & CAGR

Free cash flow was −$24.45B for FY2025 (fiscal year ending 2025-10-31), down 344.6% year-over-year The FCF margin was -39.4%.

FY2025 Free Cash Flow−$24.45B▼ -344.6% YoY

Trailing 12M (TTM)$5.81BTrailing 4Q sum · TTM positive vs latest FY negative

FCF Margin-39.4%−$24.45B ÷ 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

CM · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest−$23.34B(1.11B)−$24.45B▼ 344.6%-39.4%

FY2024$11.09B(1.09B)$10.00B▼ 10.2%15.6%

FY2023$12.15B(1.01B)$11.14B▼ 48.4%20.1%

FY2022$22.71B(1.11B)$21.61B▲ +618.0%69.0%

FY2021−$3.33B(839M)−$4.17B▼ 107.0%-17.9%

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

FCF valuation metrics

CM · P/FCF · FCF yield · FCF per share

Canadian Imperial Bank of Commerce (CM) trades at a FCF yield of 10.23% and a price-to-free-cash-flow ratio of 17.5x. FCF per share stands at $6.21, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

10.23%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$6.21

TTM FCF ÷ Shares Outstanding

Price / FCF

x17.5

Share Price ÷ FCF per Share

EV / FCF (TTM)

x21.2

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-10-31

Cash flow statement summary

CM · cash flow statement · operating / investing / financing

For FY2025, Canadian Imperial Bank of Commerce generated −$23.34B in operating cash flow and spent 1.11B in capital expenditures, yielding −$24.45B in free cash flow.

Operating Activities

−$23.34B

Cash from core business operations

2025-10-31

Investing Activities

−$5.78B

CapEx, acquisitions & investments

2025-10-31

Financing Activities

+$32.87B

Buybacks, dividends & debt

2025-10-31

FCF FormulaOperating CF (−$23.34B) − |CapEx| (1.11B) = FCF (−$24.45B)

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

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

CM vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Canadian Imperial Bank of CommerceYOU

−$24.45B-344.6%-39.4%

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

Canadian Imperial Bank of Commerce (CM) reported free cash flow of −$24.45B for FY2025 (fiscal year ending 2025-10-31), down 344.6% year-over-year. The FCF margin was -39.4%.

Based on available data, Canadian Imperial Bank of Commerce has maintained positive free cash flow for at least 12 fiscal year(s). FCF peaked at $59.99B in FY2020.

Canadian Imperial Bank of Commerce's FCF yield is 10.23% and price-to-FCF ratio is 17.5x 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

CM free cash flow · 8 questions

Canadian Imperial Bank of Commerce free cash flow was −$24.45B for FY2025, down 344.6% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $5.81B.

CM free cash flowCM FCFCM FCF 2025CM free cash flow TTM

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