FIRST CITIZENS BANCSHARES INC /DE/ (FCNCA) Free cash flow
- Free cash flow · 12 months (USD): Value $2.46B; Formula and calculation Operating cash flow minus capital spending; distinct from the saved levered FCF quote figure. Period ending 2026-06-30..
- Price / free cash flow · 12 months: Value (m); Formula and calculation Market cap / trailing-year free cash flow; inverse of FCF yield before percent scaling. Period ending 2026-06-30..
- Free cash flow yield · 12 months: Value (m); Formula and calculation (Operating cash flow − capital spending) / current market cap. Period ending 2026-06-30..
- Free cash flow margin · 12 months: Value 25.55%; Formula and calculation (Operating cash flow − capital spending) / revenue. Period ending 2026-06-30..
Free cash flow
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| Free cash flow · 12 months (USD) | $2.46B | Operating cash flow minus capital spending; distinct from the saved levered FCF quote figure. Period ending 2026-06-30. $3.18B − $724.00M ≈ $2.46B |
| Price / free cash flow · 12 months | (m) | Market cap / trailing-year free cash flow; inverse of FCF yield before percent scaling. Period ending 2026-06-30. Calculation unavailable: missing inputs remain (m). |
| Free cash flow yield · 12 months | (m) | (Operating cash flow − capital spending) / current market cap. Period ending 2026-06-30. Calculation unavailable: missing inputs remain (m). |
| Free cash flow margin · 12 months | 25.55% | (Operating cash flow − capital spending) / revenue. Period ending 2026-06-30. $2.46B ÷ $9.62B × 100 ≈ 25.55% |
| Free cash flow per share · 12 months | (m) | (Trailing-year operating cash flow − capital spending) / reported quarter-end common shares. Period ending 2026-06-30. Calculation unavailable: missing inputs remain (m). |
| Operating cash flow · 12 months | $3.18B | Cash generated by operating activities. Period ending 2026-06-30. |
| Operating cash flow / net income · 12 months | 1.35× | Operating cash flow / net income. Period ending 2026-06-30. $3.18B ÷ $2.35B ≈ 1.35× |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Operating cash flow | 3.18B USD | Net Cash Provided by (Used in) Operating Activities · Net Cash Provided by (Used in) Operating Activities, Continuing Operations |
| Capital spending | 724.00M USD | Payments to Acquire Property, Plant, and Equipment |
| Market cap | (m) | |
| Free cash flow | 2.46B USD | Net Cash Provided by (Used in) Operating Activities · Net Cash Provided by (Used in) Operating Activities, Continuing Operations · Payments to Acquire Property, Plant, and Equipment |
| Revenue | 9.62B USD | |
| Quarter-end shares | (m) | |
| Net income | 2.35B USD | Net Income (Loss) Attributable to Parent |
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Free cash flow | FCF per share | Operating cash flow | Capital spending (USD) | Market cap (USD) | Revenue (USD) | Quarter-end shares (shares) | Net income (USD) | Price / FCF | FCF yield | FCF margin | Cash conversion |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | $2.46B | (m) | $3.18B | $724.00M | (m) | $9.62B | (m) | $2.35B | (m) | (m) | 25.55% | 1.35× |
| 2026-03-31 | $2.25B | (m) | $3.00B | $748.00M | (m) | $9.56B | (m) | $2.26B | (m) | (m) | 23.53% | 1.33× |
| 2025-12-31 | $2.21B | (m) | $2.92B | $710.00M | (m) | $9.54B | (m) | $2.21B | (m) | (m) | 23.19% | 1.33× |
| 2025-09-30 | $2.40B | (m) | $2.99B | $595.00M | (m) | $9.51B | (m) | $2.33B | (m) | (m) | 25.20% | 1.29× |
| 2025-06-30 | $2.60B | (m) | $3.07B | $463.00M | (m) | $9.53B | (m) | $2.40B | (m) | (m) | 27.34% | 1.28× |
| 2025-03-31 | $2.19B | (m) | $2.63B | $438.00M | (m) | $9.61B | (m) | $2.53B | (m) | (m) | 22.75% | 1.04× |
| 2024-12-31 | $2.56B | (m) | $2.99B | $429.00M | (m) | $9.76B | (m) | $2.78B | (m) | (m) | 26.22% | 1.08× |
| 2024-09-30 | $2.26B | (m) | $2.77B | $509.00M | (m) | (m) | (m) | $2.59B | (m) | (m) | (m) | 1.07× |
| 2024-06-30 | $2.51B | (m) | $2.98B | $472.00M | (m) | (m) | (m) | $2.70B | (m) | (m) | (m) | 1.10× |
| 2024-03-31 | $3.03B | (m) | $3.48B | $455.00M | (m) | (m) | (m) | $2.68B | (m) | (m) | (m) | 1.30× |
| 2023-12-31 | $2.25B | (m) | $2.66B | $405.00M | (m) | (m) | (m) | $11.47B | (m) | (m) | (m) | 0.23× |
| 2023-09-30 | $2.54B | (m) | $2.81B | $271.00M | (m) | (m) | (m) | $11.21B | (m) | (m) | (m) | 0.25× |
| 2023-06-30 | $1.87B | (m) | $2.11B | $244.00M | (m) | (m) | (m) | $10.77B | (m) | (m) | (m) | 0.20× |
| 2023-03-31 | $1.67B | (m) | $1.85B | $184.00M | (m) | (m) | (m) | $10.35B | (m) | (m) | (m) | 0.18× |
| 2022-12-31 | $2.64B | (m) | $2.79B | $155.00M | (m) | (m) | (m) | $1.10B | (m) | (m) | (m) | 2.54× |
| 2022-09-30 | $1.78B | (m) | $1.90B | $116.37M | (m) | (m) | (m) | $964.46M | (m) | (m) | (m) | 1.97× |
| 2022-06-30 | $1.43B | (m) | $1.52B | $95.37M | (m) | (m) | (m) | $773.46M | (m) | (m) | (m) | 1.97× |
| 2022-03-31 | $-333.15M | (m) | $-9.78M | $323.37M | (m) | (m) | (m) | $671.46M | (m) | (m) | (m) | -0.01× |
| 2021-12-31 | $-391.15M | (m) | $-283.78M | $107.37M | (m) | (m) | (m) | $547.46M | (m) | (m) | (m) | -0.52× |
| 2021-09-30 | $-445.37M | (m) | $-338.01M | $107.36M | (m) | (m) | (m) | $562.26M | (m) | (m) | (m) | -0.60× |
| 2021-06-30 | $-480.77M | (m) | $-358.83M | $121.94M | (m) | (m) | (m) | $580.87M | (m) | (m) | (m) | -0.62× |
| 2021-03-31 | $297.28M | (m) | $427.28M | $130.00M | (m) | (m) | (m) | $581.87M | (m) | (m) | (m) | 0.73× |
| 2020-12-31 | $206.63M | (m) | $340.01M | $133.38M | (m) | (m) | (m) | $491.72M | (m) | (m) | (m) | 0.69× |
| 2020-09-30 | $227.32M | (m) | $357.67M | $130.35M | (m) | (m) | (m) | $455.51M | (m) | (m) | (m) | 0.79× |
| 2020-06-30 | $292.67M | (m) | $421.59M | $128.93M | (m) | (m) | (m) | $437.61M | (m) | (m) | (m) | 0.96× |
| 2020-03-31 | $294.01M | (m) | $418.14M | $124.13M | (m) | (m) | (m) | $403.18M | (m) | (m) | (m) | 1.04× |
| 2019-12-31 | $419.49M | (m) | $540.57M | $121.08M | (m) | (m) | (m) | $457.37M | (m) | (m) | (m) | 1.18× |
| 2019-09-30 | $696.42M | (m) | $834.89M | $138.46M | (m) | (m) | (m) | $444.97M | (m) | (m) | (m) | 1.88× |
| 2019-06-30 | $329.88M | (m) | $464.61M | $134.72M | (m) | (m) | (m) | $437.51M | (m) | (m) | (m) | 1.06× |
| 2019-03-31 | $307.21M | (m) | $447.45M | $140.24M | (m) | (m) | (m) | $411.44M | (m) | (m) | (m) | 1.09× |
| 2018-12-31 | $625.36M | (m) | $765.80M | $140.44M | (m) | (m) | (m) | $400.31M | (m) | (m) | (m) | 1.91× |
| 2018-09-30 | $570.18M | (m) | $683.16M | $112.98M | (m) | (m) | (m) | $365.25M | (m) | (m) | (m) | 1.87× |
| 2018-06-30 | $572.23M | (m) | $680.72M | $108.49M | (m) | (m) | (m) | $314.99M | (m) | (m) | (m) | 2.16× |
| 2018-03-31 | $579.02M | (m) | $672.44M | $93.42M | (m) | (m) | (m) | $356.36M | (m) | (m) | (m) | 1.89× |
| 2017-12-31 | $266.86M | (m) | $351.65M | $84.80M | (m) | (m) | (m) | $323.75M | (m) | (m) | (m) | 1.09× |
| 2017-09-30 | $232.34M | (m) | $313.29M | $80.95M | (m) | (m) | (m) | $322.04M | (m) | (m) | (m) | 0.97× |
| 2017-06-30 | $240.72M | (m) | $328.86M | $88.14M | (m) | (m) | (m) | $306.38M | (m) | (m) | (m) | 1.07× |
| 2017-03-31 | $211.18M | (m) | $294.88M | $83.70M | (m) | (m) | (m) | $241.03M | (m) | (m) | (m) | 1.22× |
| 2016-12-31 | $150.60M | (m) | $232.44M | $81.84M | (m) | (m) | (m) | $225.48M | (m) | (m) | (m) | 1.03× |
| 2016-09-30 | $163.62M | (m) | $258.76M | $95.14M | (m) | (m) | (m) | $215.54M | (m) | (m) | (m) | 1.20× |
| 2016-06-30 | $163.06M | (m) | $250.49M | $87.43M | (m) | (m) | (m) | $220.09M | (m) | (m) | (m) | 1.14× |
| 2016-03-31 | $155.33M | (m) | $245.48M | $90.15M | (m) | (m) | (m) | $195.30M | (m) | (m) | (m) | 1.26× |
| 2015-12-31 | $143.32M | (m) | $233.06M | $89.73M | (m) | (m) | (m) | $210.39M | (m) | (m) | (m) | 1.11× |
| 2015-09-30 | $239.73M | (m) | $312.25M | $72.52M | (m) | (m) | (m) | $230.53M | (m) | (m) | (m) | 1.35× |
| 2015-06-30 | $92.65M | (m) | $167.73M | $75.08M | (m) | (m) | (m) | $201.08M | (m) | (m) | (m) | 0.83× |
| 2015-03-31 | $103.33M | (m) | $181.89M | $78.56M | (m) | (m) | (m) | $179.90M | (m) | (m) | (m) | 1.01× |
| 2014-12-31 | $99.53M | (m) | $182.24M | $82.71M | (m) | (m) | (m) | $138.56M | (m) | (m) | (m) | 1.32× |
| 2014-09-30 | $42.17M | (m) | $135.09M | $92.91M | (m) | (m) | (m) | $102.50M | (m) | (m) | (m) | 1.32× |
| 2014-06-30 | $199.26M | (m) | $278.15M | $78.89M | (m) | (m) | (m) | $117.12M | (m) | (m) | (m) | 2.37× |
| 2014-03-31 | $246.14M | (m) | $320.79M | $74.65M | (m) | (m) | (m) | $134.48M | (m) | (m) | (m) | 2.39× |
| 2013-12-31 | $264.97M | (m) | $331.01M | $66.04M | (m) | (m) | (m) | $167.70M | (m) | (m) | (m) | 1.97× |
| 2013-09-30 | $193.82M | (m) | $247.97M | $54.15M | (m) | (m) | (m) | $162.22M | (m) | (m) | (m) | 1.53× |
| 2013-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2013-03-31 | $119.11M | (m) | $190.09M | $70.99M | (m) | (m) | (m) | $154.44M | (m) | (m) | (m) | 1.23× |
| 2012-12-31 | $112.41M | (m) | $201.29M | $88.88M | (m) | (m) | (m) | $134.35M | (m) | (m) | (m) | 1.50× |
| 2012-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2012-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2012-03-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2011-12-31 | $551.85M | (m) | $628.75M | $76.90M | (m) | (m) | (m) | $195.03M | (m) | (m) | (m) | 3.22× |
| 2011-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $196.00M | (m) | (m) | (m) | (m) |
| 2011-06-30 | $335.62M | (m) | $399.12M | $63.49M | (m) | (m) | (m) | $141.81M | (m) | (m) | (m) | 2.81× |
| 2011-03-31 | $287.17M | (m) | $352.66M | $65.49M | (m) | (m) | (m) | $149.11M | (m) | (m) | (m) | 2.37× |
| 2010-12-31 | $75.90M | (m) | $146.74M | $70.84M | (m) | (m) | (m) | $193.04M | (m) | (m) | (m) | 0.76× |
| 2010-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2010-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2010-03-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2009-12-31 | $72.20M | (m) | $168.08M | $95.88M | (m) | (m) | (m) | $116.33M | (m) | (m) | (m) | 1.44× |
| 2009-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2009-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2008-12-31 | $116.95M | (m) | $212.11M | $95.16M | (m) | (m) | (m) | $91.06M | (m) | (m) | (m) | 2.33× |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.