United States Cellular Corporation (USM) — Financial Flexibility Index

Latest as of September 2025: -0.14x

United States Cellular Corporation (USM) has a Financial Flexibility Index of -0.14x as of September 2025. Free cash flow of $-332.09 Million (operating CF $-462.49 Million minus capex $130.40 Million) represents 0% of total liabilities ($2.38 Billion). Check United States Cellular Corporation strategic asset allocation index to assess the company's strategic physical and investment asset allocation.

Financial Flexibility Index

-0.14x
Free Cash Flow / Total Liabilities

Free Cash Flow

$-332.09 Million
Operating CF − Capex

Total Liabilities

$2.38 Billion
USD

Capital Expenditures

$130.40 Million
USD

United States Cellular Corporation Financial Flexibility Index (1989–2024)

Historical Financial Flexibility Index trend for United States Cellular Corporation across 36 annual periods. See United States Cellular Corporation current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for United States Cellular Corporation (1989–2024)

Year-by-year free cash flow to debt coverage for United States Cellular Corporation. For the full company profile including market capitalisation, see United States Cellular Corporation market capitalisation.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2024 0.24x $1.42 Billion $883.00 Million $5.84 Billion ▼ -7.6%
2023 0.26x $1.60 Billion $866.00 Million $6.10 Billion ▼ -14.8%
2022 0.31x $2.02 Billion $832.00 Million $6.54 Billion ▼ -37.5%
2021 0.49x $2.85 Billion $802.00 Million $5.77 Billion ▲ +6.7%
2020 0.46x $2.43 Billion $1.24 Billion $5.25 Billion ▲ +11.3%
2019 0.42x $1.64 Billion $724.00 Million $3.94 Billion ▲ +8.2%
2018 0.38x $1.23 Billion $709.00 Million $3.20 Billion ▲ +8.0%
2017 0.36x $1.12 Billion $469.00 Million $3.15 Billion ▲ +23.7%
2016 0.29x $997.00 Million $501.00 Million $3.46 Billion ▼ -29.4%
2015 0.41x $1.42 Billion $555.11 Million $3.49 Billion ▲ +58.6%
2014 0.26x $815.58 Million $172.34 Million $3.17 Billion ▼ -23.9%
2013 0.34x $1.03 Billion $290.90 Million $3.04 Billion ▼ -49.0%
2012 0.66x $1.85 Billion $899.29 Million $2.79 Billion ▼ -0.3%
2011 0.66x $1.76 Billion $987.86 Million $2.65 Billion ▲ +9.3%
2010 0.61x $1.46 Billion $874.29 Million $2.40 Billion ▼ -2.7%
2009 0.62x $1.43 Billion $881.81 Million $2.29 Billion ▼ -4.4%
2008 0.65x $1.51 Billion $922.78 Million $2.31 Billion ▲ +8.4%
2007 0.60x $1.43 Billion $863.08 Million $2.37 Billion ▲ +25.4%
2006 0.48x $1.27 Billion $693.45 Million $2.65 Billion ▲ +3.1%
2005 0.47x $1.23 Billion $642.17 Million $2.64 Billion ▲ +2.5%
2004 0.45x $1.16 Billion $518.41 Million $2.55 Billion ▼ -13.1%
2003 0.52x $1.24 Billion $621.65 Million $2.37 Billion ▼ -11.6%
2002 0.59x $1.32 Billion $620.08 Million $2.23 Billion ▼ -14.4%
2001 0.69x $928.16 Million $440.35 Million $1.34 Billion ▲ +3.0%
2000 0.67x $816.64 Million $521.33 Million $1.22 Billion ▲ +29.9%
1999 0.52x $611.70 Million $333.20 Million $1.18 Billion ▼ -22.6%
1998 0.67x $702.80 Million $311.10 Million $1.05 Billion ▲ +10.2%
1997 0.61x $499.90 Million $222.10 Million $825.70 Million ▼ -5.3%
1996 0.64x $356.90 Million $137.50 Million $558.40 Million ▼ -0.5%
1995 0.64x $324.60 Million $115.90 Million $505.30 Million ▲ +5.3%
1994 0.61x $242.50 Million $84.30 Million $397.60 Million ▲ +37.5%
1993 0.44x $120.20 Million $35.30 Million $270.90 Million ▲ +192.5%
1992 0.15x $56.80 Million $3.50 Million $374.50 Million ▼ -6.9%
1991 0.16x $37.50 Million $-18.90 Million $230.10 Million ▲ +194.8%
1990 0.06x $9.00 Million $-5.50 Million $162.80 Million ▲ +1538.2%
1989 0.00x $300.00K $-7.30 Million $88.90 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities