Lakeland Financial Corporation

LKFNNASDAQFinancial Services● Active

$59.68

$-0.31(-0.52%)

Market Cap$1.5B

P/E Ratio—

52W High$69.4

52W Low$54.36

Avg Volume176K

Open$60.14

Beta0.73

Free Cash Flow Financials Revenue

Lakeland Financial Corporation (LKFN) Free Cash Flow & Analysis

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

LKFN · free cash flow · updated Jun 8, 2026

Core FCF metrics

LKFN · FCF · TTM · margin & CAGR

Free cash flow was $103.8M for FY2025 (fiscal year ending 2025-12-31), up 10.6% year-over-year The FCF margin was 24.6%. Five-year CAGR stands at +5.0%.

FY2025 Free Cash Flow$103.8M▲ +10.6% YoY

Trailing 12M (TTM)$106.6Mtrailing 4 quarters sum

FCF Margin24.6%$103.8M ÷ revenue

3-Year CAGR-14.2%FY2022 → FY2025

5-Year CAGR+5.0%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

LKFN · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$114.9M(11M)$103.8M▲ +10.6%24.6%

FY2024$102.5M(9M)$93.9M▼ 13.1%21.8%

FY2023$114.0M(6M)$108.0M▼ 34.4%27.5%

FY2022$169.3M(5M)$164.5M▲ +52.9%58.5%

FY2021$113.8M(6M)$107.6M▲ +32.0%45.2%

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

FCF valuation metrics

LKFN · P/FCF · FCF yield · FCF per share

Lakeland Financial Corporation (LKFN) trades at a FCF yield of 7.13% and a price-to-free-cash-flow ratio of 14.3x. FCF per share stands at $4.16, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

7.13%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$4.16

TTM FCF ÷ Shares Outstanding

Price / FCF

x14.3

Share Price ÷ FCF per Share

EV / FCF (TTM)

x14.1

Enterprise Value basis

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

Cash flow statement summary

LKFN · cash flow statement · operating / investing / financing

For FY2025, Lakeland Financial Corporation generated $114.9M in operating cash flow and spent 11M in capital expenditures, yielding $103.8M in free cash flow.

Operating Activities

+$114.9M

Cash from core business operations

2025-12-31

Investing Activities

−$325.4M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$183.6M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($114.9M) − |CapEx| (11M) = FCF ($103.8M)

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

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

LKFN vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Lakeland Financial CorporationYOU

LKFN

$103.8M+10.6%24.6%

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

Lakeland Financial Corporation (LKFN) reported free cash flow of $103.8M for FY2025 (fiscal year ending 2025-12-31), up 10.6% year-over-year. The FCF margin was 24.6%.

Based on available data, Lakeland Financial Corporation has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $164.5M in FY2022. The 5-year CAGR stands at +5.0%.

Lakeland Financial Corporation's FCF yield is 7.13% and price-to-FCF ratio is 14.3x 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

LKFN free cash flow · 8 questions

Lakeland Financial Corporation free cash flow was $103.8M for FY2025, up 10.6% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $106.6M.

LKFN free cash flowLKFN FCFLKFN FCF 2025LKFN free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Lakeland Financial Corporation · Lakeland Financial Corporation SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026