ClearBridge MLP and Midstream Total Return Fund Inc.

CTRNYSEFinancial Services

$40.25

$-0.02(-0.05%)

Market Cap$277194908

P/E Ratio—

52W High$48.08

52W Low$30.08

Avg Volume7K

Open$40.23

Beta2.34

Overview

ClearBridge MLP and Midstream Total Return Fund Inc. (CTR) Free Cash Flow & Analysis

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

CTR · free cash flow · updated Jun 9, 2026

Core FCF metrics

CTR · FCF · TTM · margin & CAGR

Free cash flow was $12.4M for FY2023 (fiscal year ending 2023-11-30), up 289.5% year-over-year The FCF margin was 29.0%. Five-year CAGR stands at -22.9%.

FY2023 Free Cash Flow$12.4M▲ +289.5% YoY

Trailing 12M (TTM)$19.5Mtrailing 4 quarters sum

FCF Margin29.0%$12.4M ÷ revenue

3-Year CAGR-53.8%FY2020 → FY2023

5-Year CAGR-22.9%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

CTR · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2023Latest$12.4M(0M)$12.4M▲ +289.5%29.0%

FY2022−$6.5M(0M)−$6.5M▼ 27.4%-7.6%

FY2021−$5.1M(0M)−$5.1M▼ 104.1%-6.2%

FY2020$125.3M(0M)$125.3M▲ +83.5%—

FY2019$68.3M(0M)$68.3M▲ +50.5%—

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

FCF valuation metrics

CTR · P/FCF · FCF yield · FCF per share

ClearBridge MLP and Midstream Total Return Fund Inc. (CTR) trades at a FCF yield of 4.46% and a price-to-free-cash-flow ratio of 14.2x. FCF per share stands at $2.83, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

4.46%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$2.83

TTM FCF ÷ Shares Outstanding

Price / FCF

x14.2

Share Price ÷ FCF per Share

EV / FCF (TTM)

x29.8

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2023 · 2023-11-30

Cash flow statement summary

CTR · cash flow statement · operating / investing / financing

For FY2023, ClearBridge MLP and Midstream Total Return Fund Inc. generated $12.4M in operating cash flow and spent 0M in capital expenditures, yielding $12.4M in free cash flow.

Operating Activities

+$12.4M

Cash from core business operations

2023-11-30

Investing Activities

+$5.3M

CapEx, acquisitions & investments

2023-11-30

Financing Activities

−$12.4M

Buybacks, dividends & debt

2023-11-30

FCF FormulaOperating CF ($12.4M) − |CapEx| (0M) = FCF ($12.4M)

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

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

CTR vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

ClearBridge MLP and Midstream Total Return Fund Inc.YOU

CTR

$12.4M+289.5%29.0%

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

ClearBridge MLP and Midstream Total Return Fund Inc. (CTR) reported free cash flow of $12.4M for FY2023 (fiscal year ending 2023-11-30), up 289.5% year-over-year. The FCF margin was 29.0%.

Based on available data, ClearBridge MLP and Midstream Total Return Fund Inc. has maintained positive free cash flow for at least 6 fiscal year(s). FCF peaked at $125.3M in FY2020. The 5-year CAGR stands at -22.9%.

ClearBridge MLP and Midstream Total Return Fund Inc.'s FCF yield is 4.46% and price-to-FCF ratio is 14.2x 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

CTR free cash flow · 8 questions

ClearBridge MLP and Midstream Total Return Fund Inc. free cash flow was $12.4M for FY2023, up 289.5% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $19.5M.

CTR free cash flowCTR FCFCTR FCF 2023CTR free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · ClearBridge MLP and Midstream Total Return Fund Inc. · ClearBridge MLP and Midstream Total Return Fund Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026