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Truist Financial TFC Free cash flow margin

Discontinued — last reported Q4 '22

Free cash flow margin at other companies

M&T Bank logo
M&T BankMTB
32.2%-5.2pp
First Horizon logo
First HorizonFHN
30.4%
SouthState logo
SouthStateSSB
24.1%
First Citizens BancShares logo
First Citizens BancSharesFCNCA
23.5%+0.8pp

Other financials

Income statement

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Revenue$5.2B+5.2%
Net income$1.5B+17.4%
EPS (diluted)$1.09+25.3%

Balance sheet

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Total debt$70.3B
Total equity$64.2B
Total assets$548.98B

Cash flow

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Operating cash flow$679.0M-9.0%
CapEx$141.0M+10.2%
Free cash flow$2.6B-43.8%

Valuation

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Market cap$60.21B+6.2%
P/E10.9×-0.7×
P/S2.9×-1.3×

Profitability

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Net margin26.9%-9.8pp

Returns & leverage

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Return on equity8.2%
Debt / equity1.1×

Where this comes from

Calculated from Truist Financial’s reported figures.

Based on trailing twelve months.

The official record: Truist Financial’s 10-K, filed February 25, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Truist Financial's free cash flow margin?
Truist Financial (TFC) reported free cash flow margin of 52.7% in Q4 2022.
How has Truist Financial's free cash flow margin changed year-over-year?
Truist Financial's free cash flow margin increased by 50.4% year-over-year, from 35% to 52.7%.
What is the long-term trend for Truist Financial's free cash flow margin?
Over 2 years (2020 to 2022), Truist Financial's free cash flow margin has grown at a 32.9% compound annual growth rate (CAGR), from 29.8% to 52.7%.
What does free cash flow margin mean?
How much real, spendable cash each sales dollar generates after reinvestment.
How do you interpret free cash flow margin?
A high and rising FCF margin is the hallmark of a cash-generative business. Persistent gaps between net margin and FCF margin warrant a look at working capital or capital intensity.
How does free cash flow margin compare across companies?
Strong cross-company quality signal; capital-light compounders post structurally higher FCF margins than asset-heavy peers.