Free cash flow is the measure of operating cash flow available for corporate purposes after providing sufficient fixed asset additions to maintain current productive capacity.

Free Cash Flow

The amount of cash generated by a business after accounting for capital expenditures, indicating the financial health and liquidity.

Operating Cash Flow

Represents the amount of cash generated by a company's normal business operations.

Fixed Asset Additions

Expenditures involving the acquisition or improvement of long-term assets that increase the company’s operational capacity or extend the asset's useful life.