All articles tagged with "Free Cash Flow"
Oracle's -$10B Q2 free cash flow triggered alarm bells. Decomposition reveals the collapse is 70% working capital timing, not structural deterioration. The real story: $248B in off-balance sheet lease commitments dwarfs their $100B balance sheet debt. This is the largest infrastructure bet in enterprise software history.
LYFT has higher gross margin (42.6%) AND better earnings quality (7/10) than UBER. So why is LYFT barely profitable? The answer: OpEx. LYFT spends 42.2% of revenue on operating expenses vs UBER's 30.6%. Our 5-pass filing intelligence reveals how scale economics beat unit economics in rideshare.
Earnings can be manipulated through accounting choices. Cash flow cannot. Learn the cash conversion framework—synthesizing Damodaran's multi-period analysis, Greenwald's earnings power value, and Sloan's accruals anomaly—to separate real profits from accounting fiction.
Learn to calculate free cash flow (FCF = OCF - CapEx) with real 2025 SEC filing data from Adobe, Zoom, Snowflake, and Intuit. Discover why ZM's 41.7% FCF margin beats Adobe, how Snowflake generates positive FCF despite $1.35B net loss, and why Intuit's quarterly FCF swings 7x between tax seasons.
Traditional dividend screening misses deterioration. This 4-metric framework with 8-quarter payout trends predicted 3M's 54% cut 6 months early, Intel's 2024 suspension, and Leggett & Platt's 89% reduction. Screen 938 dividend stocks for sustainability in under 30 seconds.