Velocity Financial, Inc.

VELNYSEFinancial Services● Active

$17.33

$-0.13(-0.74%)

Market Cap$680294020

P/E Ratio—

52W High$21.395

52W Low$16.19

Avg Volume99K

Open$17.34

Beta0.71

Free Cash Flow Financials Revenue

Velocity Financial, Inc. (VEL) Free Cash Flow & Analysis

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

VEL · free cash flow · updated Jun 8, 2026

Core FCF metrics

VEL · FCF · TTM · margin & CAGR

Free cash flow was $17.9M for FY2025 (fiscal year ending 2025-12-31), down 52.3% year-over-year The FCF margin was 2.5%. Five-year CAGR stands at -19.6%.

FY2025 Free Cash Flow$17.9M▼ -52.3% YoY

Trailing 12M (TTM)$26.3Mtrailing 4 quarters sum

FCF Margin2.5%$17.9M ÷ revenue

3-Year CAGR-28.2%FY2022 → FY2025

5-Year CAGR-19.6%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

VEL · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$18.2M(0M)$17.9M▼ 52.3%2.5%

FY2024$37.8M(0M)$37.5M▼ 38.5%7.8%

FY2023$61.1M(0M)$60.9M▲ +25.9%46.2%

FY2022$48.7M(0M)$48.3M▼ 15.6%19.5%

FY2021$57.6M(0M)$57.3M▲ +7.5%31.6%

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

FCF valuation metrics

VEL · P/FCF · FCF yield · FCF per share

Velocity Financial, Inc. (VEL) trades at a FCF yield of 3.84% and a price-to-free-cash-flow ratio of 24.4x. FCF per share stands at $0.71, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

3.84%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$0.71

TTM FCF ÷ Shares Outstanding

Price / FCF

x24.4

Share Price ÷ FCF per Share

EV / FCF (TTM)

x277.1

Enterprise Value basis

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

Cash flow statement summary

VEL · cash flow statement · operating / investing / financing

For FY2025, Velocity Financial, Inc. generated $18.2M in operating cash flow and spent 0M in capital expenditures, yielding $17.9M in free cash flow.

Operating Activities

+$18.2M

Cash from core business operations

2025-12-31

Investing Activities

−$1.52B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$1.68B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($18.2M) − |CapEx| (0M) = FCF ($17.9M)

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

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

VEL vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Velocity Financial, Inc.YOU

VEL

$17.9M-52.3%2.5%

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

Velocity Financial, Inc. (VEL) reported free cash flow of $17.9M for FY2025 (fiscal year ending 2025-12-31), down 52.3% year-over-year. The FCF margin was 2.5%.

Based on available data, Velocity Financial, Inc. has maintained positive free cash flow for at least 8 fiscal year(s). FCF peaked at $60.9M in FY2023. The 5-year CAGR stands at -19.6%.

Velocity Financial, Inc.'s FCF yield is 3.84% and price-to-FCF ratio is 24.4x 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.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

VEL free cash flow · 8 questions

Velocity Financial, Inc. free cash flow was $17.9M for FY2025, down 52.3% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $26.3M.

VEL free cash flowVEL FCFVEL FCF 2025VEL free cash flow TTM

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