Envestnet, Inc. ENV NYSE

Envestnet, Inc. (ENV) generated $154.87M in operating cash flow for fiscal year 2023. After capital expenditures of $130.3M, free cash flow was $24.57M.

Free cash flow margin was 2% of revenue. Cash conversion ratio was -0.65x, suggesting some earnings are non-cash.

The company returned $9.29M in share buybacks to shareholders during the period.

Criteria supported by this page:

• HEALTH (0/100, Fail) — weak cash flow raises concerns about debt servicing
• MOAT (38/100, Fail) — limited free cash flow weakens the competitive position
• INCOME (10/100) — Cash conversion ratio was -0.65x suggests some earnings are non-cash items

Overall SharesGrow Score: 30/100 with 1/7 criteria passed.