Unilever PLC

ULNYSEConsumer Defensive● Active

$55.87

$-0.86(-1.51%)

Market Cap$121.0B

P/E Ratio—

52W High$74.98

52W Low$54.95

Avg Volume4.6M

Open$56.06

Beta0.45

Overview

Unilever PLC (UL) Free Cash Flow & Analysis

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

UL · free cash flow · updated Jun 8, 2026

Core FCF metrics

UL · FCF · TTM · margin & CAGR

Free cash flow was $6.25B for FY2025 (fiscal year ending 2025-12-31), down 19.6% year-over-year The FCF margin was 12.4%. Five-year CAGR stands at -5.3%.

FY2025 Free Cash Flow$6.25B▼ -19.6% YoY

Trailing 12M (TTM)$14.84Btrailing 4 quarters sum

FCF Margin12.4%$6.25B ÷ revenue

3-Year CAGR+2.4%FY2022 → FY2025

5-Year CAGR-5.3%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

UL · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$7.61B(1.36B)$6.25B▼ 19.6%12.4%

FY2024$9.52B(1.74B)$7.78B▼ 1.8%12.8%

FY2023$9.43B(1.50B)$7.92B▲ +36.0%13.3%

FY2022$7.28B(1.46B)$5.83B▼ 15.1%9.7%

FY2021$7.97B(1.11B)$6.86B▼ 16.2%13.1%

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

FCF valuation metrics

UL · P/FCF · FCF yield · FCF per share

Unilever PLC (UL) trades at a FCF yield of 5.97% and a price-to-free-cash-flow ratio of 8.2x. FCF per share stands at $6.80, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

5.97%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$6.80

TTM FCF ÷ Shares Outstanding

Price / FCF

x8.2

Share Price ÷ FCF per Share

EV / FCF (TTM)

x20.9

Enterprise Value basis

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

Cash flow statement summary

UL · cash flow statement · operating / investing / financing

For FY2025, Unilever PLC generated $7.61B in operating cash flow and spent 1.36B in capital expenditures, yielding $6.25B in free cash flow.

Operating Activities

+$7.61B

Cash from core business operations

2025-12-31

Investing Activities

−$3.57B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$5.57B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($7.61B) − |CapEx| (1.36B) = FCF ($6.25B)

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

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Defensive)

UL vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Unilever PLCYOU

$6.25B-19.6%12.4%

42%

The Procter & Gamble Company

$14.04B-15.0%16.7%

94%

Philip Morris International Inc.

$10.66B-1.0%26.2%

71%

Costco Wholesale Corporation

COST

$7.84B+18.2%2.8%

53%

The Coca-Cola Company

$5.30B+11.7%11.0%

35%

Consumer Defensive · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Unilever PLC (UL) reported free cash flow of $6.25B for FY2025 (fiscal year ending 2025-12-31), down 19.6% year-over-year. The FCF margin was 12.4%.

Based on available data, Unilever PLC has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $8.20B in FY2020. The 5-year CAGR stands at -5.3%.

Unilever PLC's FCF yield is 5.97% and price-to-FCF ratio is 8.2x 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

UL free cash flow · 8 questions

Unilever PLC free cash flow was $6.25B for FY2025, down 19.6% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $14.84B.

UL free cash flowUL FCFUL FCF 2025UL free cash flow TTM

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