EBIT =

Effective Tax Rate =

Depreciation & Amortization =

Changes in Working Capital =

Capital Expenditures =

Free Cash Flow =

Free cash flow (FCF) is a way of looking at the available cash on a company's balance sheet to either spend on expansion or distribute to the securities holders of a business.

- EBIT: earnings before income tax, usually gross profit minus operating expenses such as salaries and travel.

- Effective Tax Rate: effective tax rate on your EBIT expressed as a percentage.

- Depreciation & Amortization

- Changes in Working Capital: includes both current assets and liabilities.

- Capital expenditures: includes property and equipment.

- Free Cash Flow

Contributed by Ian Snyder

EBIT

Effective Tax Rate

Depreciation & Amortization

Changes in Working Capital

Capital Expenditures

Free Cash Flow

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Earnings Before Interest and Taxes