Free Cash Flow Yield (FCFY) measures amount of free cash flow for each dollar of
market capitalization.
Free Cash Flow Yield = Levered Free Cash Flow / Market Capitalization
Applying this formula, M&T Bank’s Free Cash Flow Yield is calculated below:
Levered Free Cash Flow [ $3.404 B ]
(/) Market Capitalization [ $30.071 B ]
(=) Free Cash Flow Yield [ 11.3% ]
The tables below summarizes the trend in M&T Bank’s Free Cash Flow Yield over the last five years:
Date |
Free Cash Flow |
Market Cap |
Free Cash Flow Yield |
2020-12-31 |
1.072 B |
$16.332 B |
6.6% |
2021-12-31 |
2.548 B |
$19.763 B |
12.9% |
2022-12-31 |
4.128 B |
$25.039 B |
16.5% |
2023-12-31 |
3.804 B |
$22.75 B |
16.7% |
2024-12-31 |
3.532 B |
$31.195 B |
11.3% |
Read More: Levered Free Cash Flow