Question 1

What is Truist Financial's P/FCF ratio?

Accepted Answer

Truist Financial (TFC) P/FCF ratio is 11.9× as of July 16, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for Truist Financial?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For Truist Financial specifically, the relevant sector benchmark is the current sector median of 12.0×.

Question 5

Is Truist Financial's P/FCF ratio high or low?

Accepted Answer

Truist Financial's P/FCF ratio of 11.9× is above its own 5-year average of 10.3× and below the sector median of 12.0×. That places the current reading at the 57th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Truist Financial's historical P/FCF ratio range?

Accepted Answer

In the available daily series, Truist Financial (TFC) P/FCF ratio has ranged from a low of 2.5× in 2010 to a high of 40.2× in 2006. The 5-year average is 10.3× and the 5-year median is 10.2×.

Question 7

What was Truist Financial's P/FCF ratio in 2025?

Accepted Answer

Truist Financial (TFC) P/FCF ratio at the end of 2025 was 10.9×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does Truist Financial's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$62.4B	$5.74B	10.9×	-15.5×	Dec 31, 2025
2024	$57.1B	$2.16B	26.4×	+20.7×	Dec 31, 2024
2023	$49.2B	$8.63B	5.7×	+0.3×	Dec 31, 2023
2022	$57.1B	$10.5B	5.4×	-5.0×	Dec 31, 2022
2021	$77.9B	$7.45B	10.5×	+0.7×	Dec 31, 2021
2020	$64.6B	$6.62B	9.8×	-27.3×	Dec 31, 2020
2019	$52B	$1.4B	37.0×	+29.4×	Dec 31, 2019
2018	$33.1B	$4.35B	7.6×	-0.8×	Dec 31, 2018
2017	$39B	$4.64B	8.4×	-4.3×	Dec 31, 2017
2016	$38.1B	$3.01B	12.7×	+2.4×	Dec 31, 2016
2015	$29.6B	$2.88B	10.3×	+1.7×	Dec 31, 2015
2014	$28B	$3.26B	8.6×	+3.7×	Dec 31, 2014
2013	$26.3B	$5.34B	4.9×	-0.8×	Dec 31, 2013
2012	$20.4B	$3.55B	5.7×	+1.7×	Dec 31, 2012
2011	$17.5B	$4.34B	4.0×	-2.7×	Dec 31, 2011
2010	$16.6B	$2.47B	6.7×	—	Dec 31, 2010
2009	$17.5B	-$667M	—	—	Dec 31, 2009
2008	$15.4B	$5.14B	3.0×	-15.3×	Dec 31, 2008
2007	$14.5B	$795M	18.3×	-21.3×	Dec 31, 2007
2006	$20.8B	$525M	39.6×	+26.2×	Dec 31, 2006
2005	$19.8B	$1.49B	13.3×	+6.3×	Dec 31, 2005
2004	$19.9B	$2.83B	7.0×	+1.9×	Dec 31, 2004
2003	$18.3B	$3.59B	5.1×	-22.6×	Dec 31, 2003
2002	$17.5B	$632M	27.7×	—	Dec 31, 2002


UMB Financial (UMBF)	8.8×
Federal Agricultural Mortgage (AGM)	8.6×
T. Rowe Price (TROW)	8.6×
First Financial (THFF)	8.3×
Old Republic International (ORI)	8.0×
1st Source (SRCE)	8.0×
Auburn National Bancorporation (AUBN)	7.7×
Eagle Financial Services (EFSI)	7.5×
PayPal (PYPL)	7.5×
Assurant (AIZ)	7.5×
Cincinnati Financial (CINF)	7.1×
Alerus Financial (ALRS)	7.0×
American Financial Group (AFG)	6.8×
Hartford Insurance Group (HIG)	6.5×
Travelers Companies (TRV)	6.3×
Invesco (IVZ)	6.1×
Arch Capital Group (ACGL)	5.9×
Principal Financial Group (PFG)	5.5×
Allstate (ALL)	4.7×
Everest Group (EG)	4.6×
Capital One Financial (COF)	3.9×
Prudential Financial (PRU)	3.5×
Mercury General (MCY)	3.4×
MetLife (MET)	2.8×
StoneX Group (SNEX)	0.8×

P/FCF Ratio for Truist Financial (TFC) 2002-2026

P/FCF Ratio daily chart for Truist Financial (TFC)

Historical P/FCF Ratio for Truist Financial (TFC) from 2002 to 2025

About P/FCF Ratio at Truist Financial (TFC)

Truist Financial P/FCF Ratio by Year

Truist Financial P/FCF Ratio 2025: 10.9×

Truist Financial P/FCF Ratio 2024: 26.4×

Truist Financial P/FCF Ratio 2023: 5.7×

Truist Financial P/FCF Ratio 2022: 5.4×

Truist Financial P/FCF Ratio 2021: 10.5×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

Truist Financial (TFC) Key Financials