Calamos Strategic Total Return Fund

CSQNASDAQFinancial Services● Active

$19.89

$-0.08(-0.40%)

Market Cap$3.2B

P/E Ratio—

52W High$20.82

52W Low$16.41

Avg Volume271K

Open$20.17

Beta1.31

Free Cash Flow Financials Revenue

Calamos Strategic Total Return Fund (CSQ) Free Cash Flow & Analysis

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

CSQ · free cash flow · updated Jun 9, 2026

Core FCF metrics

CSQ · FCF · TTM · margin & CAGR

Free cash flow was −$12.3M for FY2025 (fiscal year ending 2025-10-31), down 109.0% year-over-year The FCF margin was -3.6%.

FY2025 Free Cash Flow−$12.3M▼ -109.0% YoY

Trailing 12M (TTM)−$19.4Mtrailing 4 quarters sum

FCF Margin-3.6%−$12.3M ÷ 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 9, 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

CSQ · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest−$12.3M(0M)−$12.3M▼ 109.0%-3.6%

FY2024$137.3M(0M)$137.3M▲ +39.6%15.9%

FY2023$98.4M(0M)$98.4M▼ 54.6%35.9%

FY2022$216.7M(0M)$216.7M▲ +202.3%94.0%

FY2021$71.7M(0M)$71.7M▼ 44.5%7.1%

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

FCF valuation metrics

CSQ · P/FCF · FCF yield · FCF per share

Calamos Strategic Total Return Fund (CSQ) reported negative free cash flow of −$0.01B. 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 · 2025-10-31

Cash flow statement summary

CSQ · cash flow statement · operating / investing / financing

For FY2025, Calamos Strategic Total Return Fund generated −$12.3M in operating cash flow and spent 0M in capital expenditures, yielding −$12.3M in free cash flow.

Operating Activities

−$12.3M

Cash from core business operations

2025-10-31

Investing Activities

+$82.9M

CapEx, acquisitions & investments

2025-10-31

Financing Activities

−$88.3M

Buybacks, dividends & debt

2025-10-31

FCF FormulaOperating CF (−$12.3M) − |CapEx| (0M) = FCF (−$12.3M)

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

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

CSQ vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Calamos Strategic Total Return FundYOU

CSQ

−$12.3M-109.0%-3.6%

Loss

Berkshire Hathaway Inc.

BRK-B

$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

Calamos Strategic Total Return Fund (CSQ) reported free cash flow of −$12.3M for FY2025 (fiscal year ending 2025-10-31), down 109.0% year-over-year. The FCF margin was -3.6%.

Based on available data, Calamos Strategic Total Return Fund has maintained positive free cash flow for at least 9 fiscal year(s). FCF peaked at $216.7M in FY2022.

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

CSQ free cash flow · 8 questions

Calamos Strategic Total Return Fund free cash flow was −$12.3M for FY2025, down 109.0% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$19.4M.

CSQ free cash flowCSQ FCFCSQ FCF 2025CSQ free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Calamos Strategic Total Return Fund · Calamos Strategic Total Return Fund SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026