Eaton Vance California Municipal Opportunities Fund

EACAXNASDAQFinancial Services● Active

$10.13

+$0.00(+0.00%)

Market Cap$1.1B

P/E Ratio—

52W High$10.25

52W Low$9.64

Avg Volume0

Open$10.13

Beta0.92

Free Cash Flow Financials Revenue

Eaton Vance California Municipal Opportunities Fund (EACAX) Free Cash Flow & Analysis

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

EACAX · free cash flow · updated Jun 9, 2026

Core FCF metrics

EACAX · FCF · TTM · margin & CAGR

Free cash flow was $123.9M for FY2023 (fiscal year ending 2023-09-30), up 588.4% year-over-year The FCF margin was 785.4%. Five-year CAGR stands at +124.1%.

FY2023 Free Cash Flow$123.9M▲ +588.4% YoY

Trailing 12M (TTM)$123.9Mtrailing 4 quarters sum

FCF Margin785.4%$123.9M ÷ revenue

3-Year CAGR+76.4%FY2020 → FY2023

5-Year CAGR+124.1%FY2018 → FY2023

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

EACAX · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2023Latest$123.9M(0M)$123.9M▲ +588.4%785.4%

FY2022$18.0M(0M)$18.0M▲ +8.8%109.3%

FY2021$16.5M(0M)$16.5M▼ 26.7%95.2%

FY2020$22.6M(0M)$22.6M▲ +17.7%122.2%

FY2019$19.2M(0M)$19.2M▲ +775.3%101.9%

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

FCF valuation metrics

EACAX · P/FCF · FCF yield · FCF per share

Eaton Vance California Municipal Opportunities Fund (EACAX) trades at a FCF yield of 11.59% and a price-to-free-cash-flow ratio of N/A. FCF per share stands at N/A, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

11.59%

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)

x9.5

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2023 · 2023-09-30

Cash flow statement summary

EACAX · cash flow statement · operating / investing / financing

For FY2023, Eaton Vance California Municipal Opportunities Fund generated $123.9M in operating cash flow and spent 0M in capital expenditures, yielding $123.9M in free cash flow.

Operating Activities

+$123.9M

Cash from core business operations

2023-09-30

Investing Activities

+$0.0M

CapEx, acquisitions & investments

2023-09-30

Financing Activities

−$124.1M

Buybacks, dividends & debt

2023-09-30

FCF FormulaOperating CF ($123.9M) − |CapEx| (0M) = FCF ($123.9M)

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

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

EACAX vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Eaton Vance California Municipal Opportunities FundYOU

EACAX

$123.9M+588.4%785.4%

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

Eaton Vance California Municipal Opportunities Fund (EACAX) reported free cash flow of $123.9M for FY2023 (fiscal year ending 2023-09-30), up 588.4% year-over-year. The FCF margin was 785.4%.

Based on available data, Eaton Vance California Municipal Opportunities Fund has maintained positive free cash flow for at least 12 fiscal year(s). FCF peaked at $123.9M in FY2023. The 5-year CAGR stands at +124.1%.

Eaton Vance California Municipal Opportunities Fund's FCF yield is 11.59% and price-to-FCF ratio is N/A for FY2023, 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

EACAX free cash flow · 8 questions

Eaton Vance California Municipal Opportunities Fund free cash flow was $123.9M for FY2023, up 588.4% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $123.9M.

EACAX free cash flowEACAX FCFEACAX FCF 2023EACAX free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Eaton Vance California Municipal Opportunities Fund · Eaton Vance California Municipal Opportunities Fund SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026