Free Cash Flow per Share

Free Cash Flow per Share

A measure of a publicly-traded company's cash on hand, calculated by dividing the company's free cash flow by the number of shares outstanding. Free cash flow per share helps one determine a company's ability to service debt, pay dividends, and perform other transactions. A high free cash flow per share, coupled with a low share price, indicates that the company likely has strong earnings and that the share price will soon rise.
References in periodicals archive ?
A combination would bring attractive financial benefits to Comcast shareholders, and is expected to be accretive to Comcast's free cash flow per share in year one.
In 2018, management expects the free cash flow per share to be in the range of $1.
General Dynamics expects the transaction to be accretive to GAAP earnings per share and to free cash flow per share in 2019, and expects to generate estimated annual pre-tax cost savings of approximately 2.
We are excited about the progress we have made in executing our strategic turnaround plan, which followed an exhaustive and comprehensive evaluation of our business, and which has prioritized driving traffic, reducing SG&A expenses as a percentage of sales, reducing our leverage levels over time, driving profitability and generating free cash flow per share," Bloom commented.
These cash savings, along with our focus on profitable growth, are expected to drive increasing free cash flow per share, enhance our financial flexibility and improve our dividend payout ratio.
Harnessing the potential of digital technology will unlock value across our business, helping us grow our free cash flow per share," said John L.
By capping our capital spending in the period to 2020, investing in compelling projects, driving down costs and selling non-core positions, we can reshape Shell into a more focussed and more resilient company, with better returns and growing free cash flow per share.
The new entity, to be named "Nexstar Media Group," is expected to generate $500 million of average annual free cash flow, with annual free cash flow per share expected to approximate $11.
Chief executive Robert Flexon expects the deals to triple the company's 2015 adjusted EBITDA and add to free cash flow per share in 2015 and beyond.
Yansab's 2013-15E average free cash flow per share is over SAR 7.
Moreover, excluding certain one-time costs, we expect the share repurchase to be immediately accretive to Ameristar's earnings and free cash flow per share.
If you then take free cash flow per share and divide it by the company's current share price, you get free cash flow yield, or another way to measure earnings.