Itaú Unibanco Holding S.A.

ITUBNYSEFinancial Services● Active

$7.45

$-0.10(-1.26%)

Market Cap$82.1B

P/E Ratio—

52W High$9.6

52W Low$5.93204

Avg Volume24.5M

Open$7.52

Beta0.16

Overview

Itaú Unibanco Holding S.A. (ITUB) Free Cash Flow & Analysis

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

ITUB · free cash flow · updated Jun 8, 2026

Core FCF metrics

ITUB · FCF · TTM · margin & CAGR

Free cash flow was $128.23B for FY2025 (fiscal year ending 2025-12-31), up 230.6% year-over-year The FCF margin was 33.3%. Five-year CAGR stands at +18.8%.

FY2025 Free Cash Flow$128.23B▲ +230.6% YoY

Trailing 12M (TTM)$125.26Btrailing 4 quarters sum

FCF Margin33.3%$128.23B ÷ revenue

3-Year CAGR+1.9%FY2022 → FY2025

5-Year CAGR+18.8%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

ITUB · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$129.38B(1.15B)$128.23B▲ +230.6%33.3%

FY2024−$96.32B(1.83B)−$98.15B▼ 243.7%-30.1%

FY2023$77.49B(9.19B)$68.30B▼ 43.6%22.3%

FY2022$129.63B(8.49B)$121.14B▲ +137.4%47.9%

FY2021$60.11B(9.08B)$51.02B▼ 5.8%26.6%

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

FCF valuation metrics

ITUB · P/FCF · FCF yield · FCF per share

Itaú Unibanco Holding S.A. (ITUB) trades at a FCF yield of 8.18% and a price-to-free-cash-flow ratio of 0.7x. FCF per share stands at $11.31, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

8.18%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$11.31

TTM FCF ÷ Shares Outstanding

Price / FCF

x0.7

Share Price ÷ FCF per Share

EV / FCF (TTM)

x37.5

Enterprise Value basis

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

Cash flow statement summary

ITUB · cash flow statement · operating / investing / financing

For FY2025, Itaú Unibanco Holding S.A. generated $129.38B in operating cash flow and spent 1.15B in capital expenditures, yielding $128.23B in free cash flow.

Operating Activities

+$129.38B

Cash from core business operations

2025-12-31

Investing Activities

−$210.16B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$88.60B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($129.38B) − |CapEx| (1.15B) = FCF ($128.23B)

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

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

ITUB vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Itaú Unibanco Holding S.A.YOU

ITUB

$128.23B+230.6%33.3%

100%

Berkshire Hathaway Inc.

BRK-B

$25.04B+115.6%6.7%

20%

Berkshire Hathaway Inc.

Mastercard Incorporated

$16.91B+18.2%51.6%

13%

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

About Free Cash Flow & Methodology

Itaú Unibanco Holding S.A. (ITUB) reported free cash flow of $128.23B for FY2025 (fiscal year ending 2025-12-31), up 230.6% year-over-year. The FCF margin was 33.3%.

Based on available data, Itaú Unibanco Holding S.A. has maintained positive free cash flow for at least 12 fiscal year(s). FCF peaked at $128.23B in FY2025. The 5-year CAGR stands at +18.8%.

Itaú Unibanco Holding S.A.'s FCF yield is 8.18% and price-to-FCF ratio is 0.7x 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

ITUB free cash flow · 8 questions

Itaú Unibanco Holding S.A. free cash flow was $128.23B for FY2025, up 230.6% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $125.26B.

ITUB free cash flowITUB FCFITUB FCF 2025ITUB free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Itaú Unibanco Holding S.A. · Itaú Unibanco Holding S.A. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026