The formula for Free Cash Flow (FCF) is FCF = EBIT(1−T)+Depr… Questions The fоrmulа fоr Free Cаsh Flоw (FCF) is FCF = EBIT(1−T)+Depreciаtion−CAPEX−ΔNWC. An increase in Net Working Capital (ΔNWC) will: Show Answer Hide Answer Skip back to main navigation