Companies: 10,795·Total market cap: $144.5T
eXp World Holdings, Inc.

eXp World Holdings, Inc.

EXPINASDAQReal Estate
$4.73
+$0.15(+3.28%)
Market Cap$753339598
P/E Ratio—
52W High$12.2261
52W Low$4.5
Free Cash FlowFinancialsRevenue

eXp World Holdings, Inc. (EXPI) Free Cash Flow & Analysis

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

EXPI · free cash flow · updated Jun 9, 2026

Core FCF metrics

Free cash flow was $109.0M for FY2025 (fiscal year ending 2025-12-31), down 41.1% year-over-year The FCF margin was 2.3%. Five-year CAGR stands at -0.8%.

FY2025 Free Cash Flow$109.0M▼ -41.1% YoY
Trailing 12M (TTM)$89.6Mtrailing 4 quarters sum
FCF Margin2.3%$109.0M ÷ revenue
3-Year CAGR-18.1%FY2022 → FY2025
5-Year CAGR-0.8%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 9, 2026

Annual free cash flow history

Positive FCFNegative FCF
Free Cash Flow
YoY Growth %
expi free cash flow history · expi free cash flow chart · expi free cash flow growth rate · expi free cash flow last 10 years

Annual free cash flow data

Fiscal YearFree Cash FlowYoY ChangeFCF Margin
FY2025Latest$109.0M▼ 41.1%2.3%
FY2024$185.0M▼ 8.0%4.0%
FY2023$201.2M▲ +1.4%4.7%
FY2022$198.5M▼ 15.0%4.3%
FY2021$233.5M▲ +106.2%6.2%
FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP
expi free cash flow 2025 · expi free cash flow 2024 · expi free cash flow 2023 · expi operating cash flow

FCF valuation metrics

eXp World Holdings, Inc. (EXPI) trades at a FCF yield of 11.53% and a price-to-free-cash-flow ratio of 8.4x. FCF per share stands at $0.56, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)
11.53%
Free Cash Flow ÷ Market Cap
per FMP freeCashFlowYieldTTM definition
FCF per Share (TTM)
$0.56
TTM FCF ÷ Shares Outstanding
Price / FCF
x8.4
Share Price ÷ FCF per Share
EV / FCF (TTM)
x6.6
Enterprise Value basis
Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31
expi price to free cash flow · expi free cash flow yield · expi free cash flow per share · expi price to cash flow ratio

Cash flow statement summary

For FY2025, eXp World Holdings, Inc. generated $118.6M in operating cash flow and spent 10M in capital expenditures, yielding $109.0M in free cash flow.

Operating Activities
+$118.6M
Cash from core business operations
2025-12-31
Investing Activities
−$23.5M
CapEx, acquisitions & investments
2025-12-31
Financing Activities
−$86.5M
Buybacks, dividends & debt
2025-12-31
FCF FormulaOperating CF ($118.6M) − |CapEx| (10M) = FCF ($109.0M)

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

View Full Cash Flow Statement →
expi cash flow statement · expi cash flow statement 2025 · expi operating cash flow · expi cash flow from operations

Free cash flow vs peers (Real Estate)

#CompanyFree Cash FlowYoY
#1
eXp World Holdings, Inc.
eXp World Holdings, Inc.YOU
EXPI
$109.0M-41.1%
#2
Prologis, Inc.
Prologis, Inc.
PLD
$5.01B+2.0%#3
American Tower Corporation
American Tower Corporation
AMT
$3.78B+2.2%#4
Simon Property Group, Inc.
Simon Property Group, Inc.
SPG
$3.57B+16.6%#5
Welltower Inc.
Welltower Inc.
WELL
$2.85B+29.5%#6
Equinix, Inc.
Equinix, Inc.
EQIX
−$400.0M-318.6%
Real Estate · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

eXp World Holdings, Inc. (EXPI) reported free cash flow of $109.0M for FY2025 (fiscal year ending 2025-12-31), down 41.1% year-over-year. The FCF margin was 2.3%.

Based on available data, eXp World Holdings, Inc. has maintained positive free cash flow for at least 12 fiscal year(s). FCF peaked at $233.5M in FY2021. The 5-year CAGR stands at -0.8%.

eXp World Holdings, Inc.'s FCF yield is 11.53% and price-to-FCF ratio is 8.4x 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.
RevenueFinancial statementsNet incomeEarningsForecastPrice historyMarket capCash on handP/E ratio

Frequently asked questions

EXPI free cash flow · 8 questions

eXp World Holdings, Inc. free cash flow was $109.0M for FY2025, down 41.1% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $89.6M.

EXPI free cash flowEXPI FCFEXPI FCF 2025EXPI free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · eXp World Holdings, Inc. · eXp World Holdings, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026