Denison Mines Corp.

DML.TOTSXEnergy● Active

$4.23

$-0.50(-10.57%)

Market Cap$3.8B

P/E Ratio—

52W High$6.04

52W Low$2.15

Avg Volume3.8M

Open$4.64

Beta1.59

Overview

Denison Mines Corp. (DML.TO) Free Cash Flow & Analysis

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

DML.TO · free cash flow · updated Jun 8, 2026

Core FCF metrics

DML.TO · FCF · TTM · margin & CAGR

Free cash flow was −$118.6M for FY2025 (fiscal year ending 2025-12-31), down 146.8% year-over-year

FY2025 Free Cash Flow−$118.6M▼ -146.8% YoY

Trailing 12M (TTM)−$145.4Mtrailing 4 quarters sum

FCF Margin< −999%−$118.6M ÷ 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

DML.TO · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest−$68.1M(50M)−$118.6M▼ 146.8%—

FY2024−$40.4M(8M)−$48.1M▼ 41.8%—

FY2023−$30.7M(3M)−$33.9M▲ +3.2%—

FY2022−$28.1M(7M)−$35.0M▼ 55.8%-390.2%

FY2021−$21.2M(1M)−$22.5M▼ 63.3%-112.4%

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

FCF valuation metrics

DML.TO · P/FCF · FCF yield · FCF per share

Denison Mines Corp. (DML.TO) reported negative free cash flow of −$0.12B. 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

DML.TO · cash flow statement · operating / investing / financing

For FY2025, Denison Mines Corp. generated −$68.1M in operating cash flow and spent 50M in capital expenditures, yielding −$118.6M in free cash flow.

Operating Activities

−$68.1M

Cash from core business operations

2025-12-31

Investing Activities

−$49.5M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$474.3M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF (−$68.1M) − |CapEx| (50M) = FCF (−$118.6M)

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

View Full Cash Flow Statement →

Free cash flow vs peers (Energy)

DML.TO vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Denison Mines Corp.YOU

DML.TO

−$118.6M-146.8%-2412.4%

Loss

Exxon Mobil Corporation

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

About Free Cash Flow & Methodology

Denison Mines Corp. (DML.TO) reported free cash flow of −$118.6M for FY2025 (fiscal year ending 2025-12-31), down 146.8% year-over-year.

Based on available data, Denison Mines Corp. has maintained positive free cash flow for at least 1 fiscal year(s). FCF peaked at $14.5M in FY2017.

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

DML.TO free cash flow · 8 questions

Denison Mines Corp. free cash flow was −$118.6M for FY2025, down 146.8% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$145.4M.

DML.TO free cash flowDML.TO FCFDML.TO FCF 2025DML.TO free cash flow TTM

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