Wells Fargo & Company

WFCNYSEFinancial Services● Active

$81.10

$-0.85(-1.03%)

Market Cap$248.2B

P/E Ratio—

52W High$97.76

52W Low$71.93

Avg Volume17.4M

Open$81.81

Beta0.93

Free Cash Flow Financials Revenue

Wells Fargo & Company (WFC) Free Cash Flow & Analysis

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

WFC · free cash flow · updated Jun 8, 2026

Core FCF metrics

WFC · FCF · TTM · margin & CAGR

Free cash flow was −$19.00B for FY2025 (fiscal year ending 2025-12-31), down 726.1% year-over-year The FCF margin was -15.4%.

FY2025 Free Cash Flow−$19.00B▼ -726.1% YoY

Trailing 12M (TTM)$1.18BTrailing 4Q sum · TTM positive vs latest FY negative

FCF Margin-15.4%−$19.00B ÷ 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 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

WFC · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest−$19.00B(0M)−$19.00B▼ 726.1%-15.4%

FY2024$3.04B(0M)$3.04B▼ 92.5%2.4%

FY2023$40.36B(0M)$40.36B▲ +49.2%35.0%

FY2022$27.05B(0M)$27.05B▲ +334.7%32.4%

FY2021−$11.53B(0M)−$11.53B▼ 661.9%-13.9%

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

FCF valuation metrics

WFC · P/FCF · FCF yield · FCF per share

Wells Fargo & Company (WFC) trades at a FCF yield of 0.47% and a price-to-free-cash-flow ratio of 219.2x. FCF per share stands at $0.37, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

0.47%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$0.37

TTM FCF ÷ Shares Outstanding

Price / FCF

x219.2

Share Price ÷ FCF per Share

EV / FCF (TTM)

x446.6

Enterprise Value basis

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

Cash flow statement summary

WFC · cash flow statement · operating / investing / financing

For FY2025, Wells Fargo & Company generated −$19.00B in operating cash flow and spent 0M in capital expenditures, yielding −$19.00B in free cash flow.

Operating Activities

−$19.00B

Cash from core business operations

2025-12-31

Investing Activities

−$192.41B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$177.59B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF (−$19.00B) − |CapEx| (0M) = FCF (−$19.00B)

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

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

WFC vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Wells Fargo & CompanyYOU

WFC

−$19.00B-726.1%-15.4%

Loss

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

Wells Fargo & Company (WFC) reported free cash flow of −$19.00B for FY2025 (fiscal year ending 2025-12-31), down 726.1% year-over-year. The FCF margin was -15.4%.

Based on available data, Wells Fargo & Company has maintained positive free cash flow for at least 13 fiscal year(s). FCF peaked at $58.54B in FY2012.

Wells Fargo & Company's FCF yield is 0.47% and price-to-FCF ratio is 219.2x 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

WFC free cash flow · 8 questions

Wells Fargo & Company free cash flow was −$19.00B for FY2025, down 726.1% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $1.18B.

WFC free cash flowWFC FCFWFC FCF 2025WFC free cash flow TTM

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