Free Cash Flow for the Firm - FCFF
A firm's operating income less expenses, taxes, and changes in net working capital and investments.
Investopedia Commentary
This is a measurement of a company's profitability after all expenses and reinvestments. It's one of the many benchmarks used to compare and analyze financial health.
Related Links
Taking Stock Of Discounted Cash Flow
Free Cash Flow: Free, But Not Always Easy
See also: Cash flow, EBITDA, Financial Accounting, Free Cash Flow Per Share, Operating Cash Flow
Also spelled: fcff