GDL Fund (GDL Fund) 3-Year FCF Growth Rate : -40.30% (As of Dec. 2023)

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What is GDL Fund 3-Year FCF Growth Rate?

GDL Fund's Free Cash Flow per Share for the six months ended in Dec. 2023 was $0.00.

During the past 3 years, the average Free Cash Flow per Share Growth Rate was -40.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

During the past 7 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of GDL Fund was 150.40% per year. The lowest was -40.30% per year. And the median was -13.50% per year.

Competitive Comparison of GDL Fund's 3-Year FCF Growth Rate

For the Asset Management subindustry, GDL Fund's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

GDL Fund's 3-Year FCF Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, GDL Fund's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where GDL Fund's 3-Year FCF Growth Rate falls into.

GDL Fund 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

GDL Fund (NYSE:GDLPRB.PFD) 3-Year FCF Growth Rate Explanation

Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.

GDL Fund 3-Year FCF Growth Rate Related Terms

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GDL Fund (GDL Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » GDL Fund (NYSE:GDLPRB.PFD) » Definitions » 3-Year FCF Growth Rate

Comparable Companies

Traded in Other Exchanges

GDLpC.PFD:USA GDL:USA

Address

One Corporate Center, Rye, NY, USA, 10580-1422

Website

https://www.gabelli.com

GDL Fund is a diversified closed-end management investment company. Its primary investment objective is to achieve absolute returns in various market conditions without excessive risk of capital. The fund seeks to achieve its objective by investing in merger arbitrage transactions and, to a lesser extent, in corporate reorganizations involving stubs, spin-offs, and liquidations.