Free Cash Flow (FCF)
Free cash flow is cash generated from operations minus capital expenditures — the cash a business actually produces after funding its own growth. It is often viewed as a cleaner measure of financial health than reported earnings because it is harder to manipulate with accounting choices.
Seen in a real earnings call
“…events, or otherwise. On today's call, we will also reference certain non-GAAP financial measures, including adjusted EBITDA, net debt, and free cash flow, which we believe provide useful information for investors. We provide further information about these non-GAAP financial measures and reconciliations with comparable GAAP…”Concrete Pumping Holdings, Inc. (BBCP) — earnings call, September 3, 2026