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Charles Schwab (SCHW) Cash Flow Waterfall

Trace Charles Schwab's cash from operations down to free cash flow, then see where FCF goes — capex, buybacks, dividends, and debt repayment.

Operating CF

$10.29B

Capex

−$571.00M

Free Cash Flow

$9.72B

FCF Margin

+94.5%

Cash flow waterfall for Charles Schwab (SCHW) — TTM through Q1 2026

Free cash flow: $9.72B

Note: Other Investing is large — driven mainly by purchases or sales of investments.

Cash flow breakdown for Charles Schwab (SCHW) — TTM through Q1 2026

  • Operating Cash Flow$10.29B
  • Capital Expenditure−$571.00M
  • Free Cash Flow$9.72B
  • Acquisitions−$577.00M
  • Other Investing$15.21B
  • Share Buybacks−$8.22B
  • Dividends Paid−$2.37B
  • Net Debt Change−$6.91B
  • Other Financing & FX$4.45B
  • Net Cash Increase$11.30B
Want to see what drove the FCF change?Free Cash Flow Bridge

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