Capital One Financial Corporation

COFNYSEFinancial Services● Active

$180.67

$-2.53(-1.38%)

Market Cap$112.4B

P/E Ratio—

52W High$259.64

52W Low$174.98

Avg Volume4.7M

Open$183.93

Beta1.04

Overview

Capital One Financial Corporation (COF) Free Cash Flow & Analysis

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

COF · free cash flow · updated Jun 8, 2026

Core FCF metrics

COF · FCF · TTM · margin & CAGR

Free cash flow was $26.14B for FY2025 (fiscal year ending 2025-12-31), up 54.2% year-over-year The FCF margin was 37.8%. Five-year CAGR stands at +10.3%.

FY2025 Free Cash Flow$26.14B▲ +54.2% YoY

Trailing 12M (TTM)$28.87Btrailing 4 quarters sum

FCF Margin37.8%$26.14B ÷ revenue

3-Year CAGR+26.6%FY2022 → FY2025

5-Year CAGR+10.3%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

COF · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$27.72B(1.58B)$26.14B▲ +54.2%37.8%

FY2024$18.16B(1.20B)$16.95B▼ 13.6%31.4%

FY2023$20.57B(961M)$19.61B▲ +52.3%39.6%

FY2022$13.81B(934M)$12.88B▲ +10.9%33.5%

FY2021$12.31B(698M)$11.61B▼ 27.4%36.3%

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

FCF valuation metrics

COF · P/FCF · FCF yield · FCF per share

Capital One Financial Corporation (COF) trades at a FCF yield of 25.68% and a price-to-free-cash-flow ratio of 3.4x. FCF per share stands at $53.39, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

25.68%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$53.39

TTM FCF ÷ Shares Outstanding

Price / FCF

x3.4

Share Price ÷ FCF per Share

EV / FCF (TTM)

x3.0

Enterprise Value basis

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

Cash flow statement summary

COF · cash flow statement · operating / investing / financing

For FY2025, Capital One Financial Corporation generated $27.72B in operating cash flow and spent 1.58B in capital expenditures, yielding $26.14B in free cash flow.

Operating Activities

+$27.72B

Cash from core business operations

2025-12-31

Investing Activities

−$444.0M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$8.85B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($27.72B) − |CapEx| (1.58B) = FCF ($26.14B)

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

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

COF vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Capital One Financial CorporationYOU

COF

$26.14B+54.2%37.7%

26%

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

Capital One Financial Corporation (COF) reported free cash flow of $26.14B for FY2025 (fiscal year ending 2025-12-31), up 54.2% year-over-year. The FCF margin was 37.8%.

Based on available data, Capital One Financial Corporation has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $26.14B in FY2025. The 5-year CAGR stands at +10.3%.

Capital One Financial Corporation's FCF yield is 25.68% and price-to-FCF ratio is 3.4x 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

COF free cash flow · 8 questions

Capital One Financial Corporation free cash flow was $26.14B for FY2025, up 54.2% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $28.87B.

COF free cash flowCOF FCFCOF FCF 2025COF free cash flow TTM

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