Indianapolis Power & Light Company PFD 4% IPWLP OTC

Indianapolis Power & Light Company PFD 4% (IPWLP) generated $1.49B in operating cash flow for quarter ending 2025-12-31. After capital expenditures of $1.54B, free cash flow was $-47M.

Free cash flow margin was -1.5% of revenue. Cash conversion ratio was -11.27x, suggesting some earnings are non-cash.

Criteria supported by this page:

• HEALTH (0/100, Fail) — weak cash flow raises concerns about debt servicing
• MOAT (16/100, Fail) — limited free cash flow weakens the competitive position
• INCOME (45/100) — Cash conversion ratio was -11.27x suggests some earnings are non-cash items

Overall SharesGrow Score: 37/100 with 0/7 criteria passed.