Top Companies by Free Cash Flow
Largest public companies ranked by free cash flow on a trailing twelve months basis. Compare top issuers, sector peers and historical context on TickerLeague.
How TTM free cash flow is measured
Trailing twelve months (TTM) free cash flow (FCF) is operating cash flow minus capital expenditure, summed across a company's four most recent fiscal quarters. Unlike accrual-based earnings, FCF reflects what actually leaves the bank account after running the business and reinvesting in property, plant and equipment — the cash available for buybacks, dividends, debt reduction or M&A.
FCF is closer to owner earnings than net income because it strips out non-cash charges like depreciation and the working-capital churn that distorts a single quarter. Compare with capex to see how much of operating cash flow gets reinvested versus returned. Figures are ranked in USD after period-average FX translation (IAS 21). Rankings USD translation methodology · IFRS IAS 21 (official)
Calculated from each company's four most recent reported quarters, as of .
Sector scopeAll sectorsChange sectorChange sector
Top companies by Free Cash Flow
- Apple
AAPL
- Sector
- Technology
- Free Cash Flow
- $129.17B
- As of
- Sector
- Financial Services
- Free Cash Flow
- $100.87B
- As of
- NVIDIA
NVDA
- Sector
- Technology
- Free Cash Flow
- $96.68B
- As of
- Alphabet
GOOGL
- Sector
- Communication Services
- Free Cash Flow
- $73.27B
- As of
- Microsoft
MSFT
- Sector
- Technology
- Free Cash Flow
- $72.92B
- As of
- Meta
META
- Sector
- Communication Services
- Free Cash Flow
- $48.25B
- As of
- TSMC
TSM
- Sector
- Technology
- Free Cash Flow
- $35.54B
- As of
- Broadcom
AVGO
- Sector
- Technology
- Free Cash Flow
- $28.91B
- As of
- Sector
- Financial Services
- Free Cash Flow
- $27.72B
- As of
- Berkshire Hathaway
BRK-B
- Sector
- Financial Services
- Free Cash Flow
- $25.04B
- As of
- Exxon Mobil
XOM
- Sector
- Energy
- Free Cash Flow
- $23.61B
- As of
- Visa
V
- Sector
- Financial Services
- Free Cash Flow
- $22.93B
- As of
- Comcast
CMCSA
- Sector
- Communication Services
- Free Cash Flow
- $20.39B
- As of
- Verizon
VZ
- Sector
- Communication Services
- Free Cash Flow
- $19.79B
- As of
- Sector
- Healthcare
- Free Cash Flow
- $19.67B
- As of
- AbbVie
ABBV
- Sector
- Healthcare
- Free Cash Flow
- $18.70B
- As of
- MetLife
MET
- Sector
- Financial Services
- Free Cash Flow
- $18.11B
- As of
- T-Mobile US
TMUS
- Sector
- Communication Services
- Free Cash Flow
- $18.00B
- As of
- Sector
- Healthcare
- Free Cash Flow
- $17.80B
- As of
- AT&T
T
- Sector
- Communication Services
- Free Cash Flow
- $17.35B
- As of
- Progressive
PGR
- Sector
- Financial Services
- Free Cash Flow
- $17.20B
- As of
- Sector
- Financial Services
- Free Cash Flow
- $17.09B
- As of
- Sector
- Energy
- Free Cash Flow
- $16.77B
- As of
- Chevron
CVX
- Sector
- Energy
- Free Cash Flow
- $16.18B
- As of
- Chubb
CB
- Sector
- Financial Services
- Free Cash Flow
- $15.90B
- As of
- Sector
- Financial Services
- Free Cash Flow
- $15.74B
- As of
- Sector
- Consumer Defensive
- Free Cash Flow
- $15.03B
- As of
- Walmart
WMT
- Sector
- Consumer Defensive
- Free Cash Flow
- $14.92B
- As of
- PDD Holdings
PDD
- Sector
- Consumer Cyclical
- Free Cash Flow
- $14.91B
- As of
- Salesforce
CRM
- Sector
- Technology
- Free Cash Flow
- $14.40B
- As of
- Sector
- Financial Services
- Free Cash Flow
- $14.32B
- As of
- IBM
IBM
- Sector
- Technology
- Free Cash Flow
- $13.09B
- As of
- QUALCOMM
QCOM
- Sector
- Technology
- Free Cash Flow
- $12.93B
- As of
- Cisco
CSCO
- Sector
- Technology
- Free Cash Flow
- $12.85B
- As of
- Sector
- Healthcare
- Free Cash Flow
- $12.85B
- As of
- Sector
- Consumer Cyclical
- Free Cash Flow
- $12.65B
- As of
- Sector
- Financial Services
- Free Cash Flow
- $12.61B
- As of
- Sector
- Consumer Defensive
- Free Cash Flow
- $12.56B
- As of
- Accenture
ACN
- Sector
- Technology
- Free Cash Flow
- $12.50B
- As of
- Sector
- Consumer Cyclical
- Free Cash Flow
- $12.47B
- As of
- Merck & Co.
MRK
- Sector
- Healthcare
- Free Cash Flow
- $12.36B
- As of
- Newmont
NEM
- Sector
- Basic Materials
- Free Cash Flow
- $12.27B
- As of
- Netflix
NFLX
- Sector
- Communication Services
- Free Cash Flow
- $11.89B
- As of
- Sector
- Financial Services
- Free Cash Flow
- $11.44B
- As of
- Sector
- Consumer Cyclical
- Free Cash Flow
- $10.72B
- As of
- Sector
- Consumer Defensive
- Free Cash Flow
- $10.67B
- As of
- AstraZeneca
AZN
- Sector
- Healthcare
- Free Cash Flow
- $10.57B
- As of
- Adobe
ADBE
- Sector
- Technology
- Free Cash Flow
- $10.32B
- As of
- Sector
- Technology
- Free Cash Flow
- $10.28B
- As of
- Caterpillar
CAT
- Sector
- Industrials
- Free Cash Flow
- $10.27B
- As of
- MercadoLibre
MELI
- Sector
- Consumer Cyclical
- Free Cash Flow
- $10.10B
- As of
- McKesson
MCK
- Sector
- Healthcare
- Free Cash Flow
- $10.10B
- As of
- ASML
ASML
- Sector
- Technology
- Free Cash Flow
- $9.97B
- As of
- Allstate
ALL
- Sector
- Financial Services
- Free Cash Flow
- $9.88B
- As of
- Sector
- Financial Services
- Free Cash Flow
- $9.83B
- As of
- Uber
UBER
- Sector
- Technology
- Free Cash Flow
- $9.76B
- As of
- Gilead Sciences
GILD
- Sector
- Healthcare
- Free Cash Flow
- $9.46B
- As of
- SAP
SAP
- Sector
- Technology
- Free Cash Flow
- $9.34B
- As of
- Costco
COST
- Sector
- Consumer Defensive
- Free Cash Flow
- $9.10B
- As of
- Pfizer
PFE
- Sector
- Healthcare
- Free Cash Flow
- $9.08B
- As of
- Sector
- Consumer Defensive
- Free Cash Flow
- $9.07B
- As of
- Booking Holdings
BKNG
- Sector
- Consumer Cyclical
- Free Cash Flow
- $9.03B
- As of
- Eli Lilly
LLY
- Sector
- Healthcare
- Free Cash Flow
- $8.97B
- As of
- PepsiCo
PEP
- Sector
- Consumer Defensive
- Free Cash Flow
- $8.84B
- As of
- Sector
- Technology
- Free Cash Flow
- $8.55B
- As of
- Cigna
CI
- Sector
- Healthcare
- Free Cash Flow
- $8.39B
- As of
- RTX
RTX
- Sector
- Industrials
- Free Cash Flow
- $8.36B
- As of
- Duke Energy
DUK
- Sector
- Utilities
- Free Cash Flow
- $8.21B
- As of
- Amgen
AMGN
- Sector
- Healthcare
- Free Cash Flow
- $8.10B
- As of
- U.S. Bancorp
USB
- Sector
- Financial Services
- Free Cash Flow
- $7.97B
- As of
- Sector
- Healthcare
- Free Cash Flow
- $7.93B
- As of
- CVS Health
CVS
- Sector
- Healthcare
- Free Cash Flow
- $7.81B
- As of
- Sector
- Consumer Cyclical
- Free Cash Flow
- $7.65B
- As of
- GE Vernova
GEV
- Sector
- Utilities
- Free Cash Flow
- $7.53B
- As of
- KKR & Co.
KKR
- Sector
- Financial Services
- Free Cash Flow
- $7.52B
- As of
- Sector
- Industrials
- Free Cash Flow
- $7.47B
- As of
- Sector
- Healthcare
- Free Cash Flow
- $7.39B
- As of
- McDonald's
MCD
- Sector
- Consumer Cyclical
- Free Cash Flow
- $7.19B
- As of
- Walt Disney
DIS
- Sector
- Communication Services
- Free Cash Flow
- $7.06B
- As of
- Tesla
TSLA
- Sector
- Consumer Cyclical
- Free Cash Flow
- $7.00B
- As of
- Intuit
INTU
- Sector
- Technology
- Free Cash Flow
- $6.84B
- As of
- Sector
- Utilities
- Free Cash Flow
- $6.81B
- As of
- Sector
- Healthcare
- Free Cash Flow
- $6.75B
- As of
- AMD
AMD
- Sector
- Technology
- Free Cash Flow
- $6.74B
- As of
- Lam Research
LRCX
- Sector
- Technology
- Free Cash Flow
- $6.45B
- As of
- Sector
- Healthcare
- Free Cash Flow
- $6.45B
- As of
- Centene
CNC
- Sector
- Healthcare
- Free Cash Flow
- $6.35B
- As of
- Sector
- Financial Services
- Free Cash Flow
- $6.27B
- As of
- Sector
- Basic Materials
- Free Cash Flow
- $6.25B
- As of
- Sector
- Technology
- Free Cash Flow
- $6.19B
- As of
- Sector
- Financial Services
- Free Cash Flow
- $6.13B
- As of
- Sector
- Financial Services
- Free Cash Flow
- $5.91B
- As of
- The Hartford
HIG
- Sector
- Financial Services
- Free Cash Flow
- $5.82B
- As of
- Sector
- Financial Services
- Free Cash Flow
- $5.74B
- As of
- Sector
- Industrials
- Free Cash Flow
- $5.66B
- As of
- PayPal
PYPL
- Sector
- Financial Services
- Free Cash Flow
- $5.56B
- As of
- Sector
- Healthcare
- Free Cash Flow
- $5.51B
- As of
- S&P Global
SPGI
- Sector
- Financial Services
- Free Cash Flow
- $5.46B
- As of
- Medtronic
MDT
- Sector
- Healthcare
- Free Cash Flow
- $5.41B
- As of
- Sector
- Energy
- Free Cash Flow
- $5.40B
- As of
| # | Company | Sector | Free Cash Flow | As of |
|---|---|---|---|---|
| 1 | Apple (AAPL) | Technology | $129.17B | |
| 2 | JPMorgan Chase (JPM) | Financial Services | $100.87B | |
| 3 | NVIDIA (NVDA) | Technology | $96.68B | |
| 4 | Alphabet (GOOGL) | Communication Services | $73.27B | |
| 5 | Microsoft (MSFT) | Technology | $72.92B | |
| 6 | Meta (META) | Communication Services | $48.25B | |
| 7 | TSMC (TSM) | Technology | $35.54B | |
| 8 | Broadcom (AVGO) | Technology | $28.91B | |
| 9 | Capital One Financial (COF) | Financial Services | $27.72B | |
| 10 | Berkshire Hathaway (BRK-B) | Financial Services | $25.04B | |
| 11 | Exxon Mobil (XOM) | Energy | $23.61B | |
| 12 | Visa (V) | Financial Services | $22.93B | |
| 13 | Comcast (CMCSA) | Communication Services | $20.39B | |
| 14 | Verizon (VZ) | Communication Services | $19.79B | |
| 15 | UnitedHealth Group (UNH) | Healthcare | $19.67B | |
| 16 | AbbVie (ABBV) | Healthcare | $18.70B | |
| 17 | MetLife (MET) | Financial Services | $18.11B | |
| 18 | T-Mobile US (TMUS) | Communication Services | $18.00B | |
| 19 | Johnson & Johnson (JNJ) | Healthcare | $17.80B | |
| 20 | AT&T (T) | Communication Services | $17.35B | |
| 21 | Progressive (PGR) | Financial Services | $17.20B | |
| 22 | Mastercard (MA) | Financial Services | $17.09B | |
| 23 | ConocoPhillips (COP) | Energy | $16.77B | |
| 24 | Chevron (CVX) | Energy | $16.18B | |
| 25 | Chubb (CB) | Financial Services | $15.90B | |
| 26 | Interactive Brokers (IBKR) | Financial Services | $15.74B | |
| 27 | Procter & Gamble (PG) | Consumer Defensive | $15.03B | |
| 28 | Walmart (WMT) | Consumer Defensive | $14.92B | |
| 29 | PDD Holdings (PDD) | Consumer Cyclical | $14.91B | |
| 30 | Salesforce (CRM) | Technology | $14.40B | |
| 31 | American Express (AXP) | Financial Services | $14.32B | |
| 32 | IBM (IBM) | Technology | $13.09B | |
| 33 | QUALCOMM (QCOM) | Technology | $12.93B | |
| 34 | Cisco (CSCO) | Technology | $12.85B | |
| 35 | Bristol-Myers Squibb (BMY) | Healthcare | $12.85B | |
| 36 | Home Depot (HD) | Consumer Cyclical | $12.65B | |
| 37 | Bank of America (BAC) | Financial Services | $12.61B | |
| 38 | Coca-Cola (KO) | Consumer Defensive | $12.56B | |
| 39 | Accenture (ACN) | Technology | $12.50B | |
| 40 | Ford Motor (F) | Consumer Cyclical | $12.47B | |
| 41 | Merck & Co. (MRK) | Healthcare | $12.36B | |
| 42 | Newmont (NEM) | Basic Materials | $12.27B | |
| 43 | Netflix (NFLX) | Communication Services | $11.89B | |
| 44 | Travelers Companies (TRV) | Financial Services | $11.44B | |
| 45 | General Motors (GM) | Consumer Cyclical | $10.72B | |
| 46 | Philip Morris International (PM) | Consumer Defensive | $10.67B | |
| 47 | AstraZeneca (AZN) | Healthcare | $10.57B | |
| 48 | Adobe (ADBE) | Technology | $10.32B | |
| 49 | Micron Technology (MU) | Technology | $10.28B | |
| 50 | Caterpillar (CAT) | Industrials | $10.27B | |
| 51 | MercadoLibre (MELI) | Consumer Cyclical | $10.10B | |
| 52 | McKesson (MCK) | Healthcare | $10.10B | |
| 53 | ASML (ASML) | Technology | $9.97B | |
| 54 | Allstate (ALL) | Financial Services | $9.88B | |
| 55 | Synchrony Financial (SYF) | Financial Services | $9.83B | |
| 56 | Uber (UBER) | Technology | $9.76B | |
| 57 | Gilead Sciences (GILD) | Healthcare | $9.46B | |
| 58 | SAP (SAP) | Technology | $9.34B | |
| 59 | Costco (COST) | Consumer Defensive | $9.10B | |
| 60 | Pfizer (PFE) | Healthcare | $9.08B | |
| 61 | Altria Group (MO) | Consumer Defensive | $9.07B | |
| 62 | Booking Holdings (BKNG) | Consumer Cyclical | $9.03B | |
| 63 | Eli Lilly (LLY) | Healthcare | $8.97B | |
| 64 | PepsiCo (PEP) | Consumer Defensive | $8.84B | |
| 65 | Dell Technologies (DELL) | Technology | $8.55B | |
| 66 | Cigna (CI) | Healthcare | $8.39B | |
| 67 | RTX (RTX) | Industrials | $8.36B | |
| 68 | Duke Energy (DUK) | Utilities | $8.21B | |
| 69 | Amgen (AMGN) | Healthcare | $8.10B | |
| 70 | U.S. Bancorp (USB) | Financial Services | $7.97B | |
| 71 | HCA Healthcare (HCA) | Healthcare | $7.93B | |
| 72 | CVS Health (CVS) | Healthcare | $7.81B | |
| 73 | Lowe's Companies (LOW) | Consumer Cyclical | $7.65B | |
| 74 | GE Vernova (GEV) | Utilities | $7.53B | |
| 75 | KKR & Co. (KKR) | Financial Services | $7.52B | |
| 76 | GE Aerospace (GE) | Industrials | $7.47B | |
| 77 | Abbott Laboratories (ABT) | Healthcare | $7.39B | |
| 78 | McDonald's (MCD) | Consumer Cyclical | $7.19B | |
| 79 | Walt Disney (DIS) | Communication Services | $7.06B | |
| 80 | Tesla (TSLA) | Consumer Cyclical | $7.00B | |
| 81 | Intuit (INTU) | Technology | $6.84B | |
| 82 | American Electric Power Company (AEP) | Utilities | $6.81B | |
| 83 | Thermo Fisher Scientific (TMO) | Healthcare | $6.75B | |
| 84 | AMD (AMD) | Technology | $6.74B | |
| 85 | Lam Research (LRCX) | Technology | $6.45B | |
| 86 | Elevance Health (ELV) | Healthcare | $6.45B | |
| 87 | Centene (CNC) | Healthcare | $6.35B | |
| 88 | Prudential Financial (PRU) | Financial Services | $6.27B | |
| 89 | Freeport-McMoRan (FCX) | Basic Materials | $6.25B | |
| 90 | Applied Materials (AMAT) | Technology | $6.19B | |
| 91 | Arch Capital Group (ACGL) | Financial Services | $6.13B | |
| 92 | PNC Financial Services Group (PNC) | Financial Services | $5.91B | |
| 93 | The Hartford (HIG) | Financial Services | $5.82B | |
| 94 | Truist Financial (TFC) | Financial Services | $5.74B | |
| 95 | Lockheed Martin (LMT) | Industrials | $5.66B | |
| 96 | PayPal (PYPL) | Financial Services | $5.56B | |
| 97 | Cardinal Health (CAH) | Healthcare | $5.51B | |
| 98 | S&P Global (SPGI) | Financial Services | $5.46B | |
| 99 | Medtronic (MDT) | Healthcare | $5.41B | |
| 100 | Valero Energy (VLO) | Energy | $5.40B |