Challenger Ltd (CGF) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.255x

Based on the latest financial reports, Challenger Ltd (CGF) has a cash flow conversion efficiency ratio of 0.255x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (AU$1.05 Billion ≈ $741.39 Million USD) by net assets (AU$4.11 Billion ≈ $2.91 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See debt-free asset ratio of Challenger Ltd to measure how much of total assets are equity-financed.

Challenger Ltd - Cash Flow Conversion Efficiency Trend (2003–2025)

This chart illustrates how Challenger Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Challenger Ltd (CGF) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.

Challenger Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Challenger Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Bank BRISyariah Tbk PT JK:BRIS	0.384x
CSW Industrials, Inc. NASDAQ:CSW	0.054x
Dairy Farm International Holdings Limited F:DFA1	0.362x
DELEK GP SP.ADR/1/01/O.N F:6D40	0.138x
Page Industries Limited NSE:PAGEIND	0.356x
Petronas Dagangan Bhd KLSE:5681	0.169x
Beijing New Building Materials Public Ltd Co SHE:000786	0.092x
EPAM Systems Inc NYSE:EPAM	-0.011x

Annual Cash Flow Conversion Efficiency for Challenger Ltd (2003–2025)

The table below shows the annual cash flow conversion efficiency of Challenger Ltd from 2003 to 2025. For the full company profile with market capitalisation and key ratios, see Challenger Ltd market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-06-30	AU$3.86 Billion ≈ $2.73 Billion	AU$399.60 Million ≈ $282.74 Million	0.103x	-52.38%
2024-06-30	AU$3.89 Billion ≈ $2.75 Billion	AU$843.70 Million ≈ $596.97 Million	0.217x	-28.99%
2023-06-30	AU$4.16 Billion ≈ $2.95 Billion	AU$1.27 Billion ≈ $901.15 Million	0.306x	-50.95%
2022-06-30	AU$3.99 Billion ≈ $2.82 Billion	AU$2.49 Billion ≈ $1.76 Billion	0.624x	-7.42%
2021-06-30	AU$3.83 Billion ≈ $2.71 Billion	AU$2.58 Billion ≈ $1.82 Billion	0.673x	+351.34%
2020-06-30	AU$3.25 Billion ≈ $2.30 Billion	AU$484.90 Million ≈ $343.10 Million	0.149x	+465.60%
2019-06-30	AU$24.72 Billion ≈ $17.49 Billion	AU$652.30 Million ≈ $461.54 Million	0.026x	-70.01%
2018-06-30	AU$22.48 Billion ≈ $15.91 Billion	AU$1.98 Billion ≈ $1.40 Billion	0.088x	+10.15%
2017-06-30	AU$20.00 Billion ≈ $14.15 Billion	AU$1.60 Billion ≈ $1.13 Billion	0.080x	+12.71%
2016-06-30	AU$18.10 Billion ≈ $12.81 Billion	AU$1.28 Billion ≈ $907.38 Million	0.071x	+25.80%
2015-06-30	AU$14.49 Billion ≈ $10.25 Billion	AU$815.90 Million ≈ $577.30 Million	0.056x	-13.03%
2014-06-30	AU$2.28 Billion ≈ $1.61 Billion	AU$147.40 Million ≈ $104.29 Million	0.065x	-81.17%
2013-06-30	AU$2.29 Billion ≈ $1.62 Billion	AU$789.10 Million ≈ $558.34 Million	0.344x	-42.10%
2012-06-30	AU$2.04 Billion ≈ $1.45 Billion	AU$1.21 Billion ≈ $859.34 Million	0.594x	-12.38%
2011-06-30	AU$1.80 Billion ≈ $1.27 Billion	AU$1.22 Billion ≈ $863.16 Million	0.678x	+408.89%
2010-06-30	AU$1.72 Billion ≈ $1.22 Billion	AU$229.10 Million ≈ $162.10 Million	0.133x	+202.77%
2009-06-30	AU$1.69 Billion ≈ $1.20 Billion	AU$-219.00 Million ≈ $-154.96 Million	-0.130x	-222.63%
2008-06-30	AU$1.63 Billion ≈ $1.15 Billion	AU$172.30 Million ≈ $121.91 Million	0.106x	-43.70%
2005-06-30	AU$1.30 Billion ≈ $920.43 Million	AU$244.24 Million ≈ $172.81 Million	0.188x	+15772.15%
2003-06-30	AU$1.20 Billion ≈ $852.37 Million	AU$1.43 Million ≈ $1.01 Million	0.001x	--

About Challenger Ltd

AU:CGF Australia Insurance - Life

Market Cap

$4.85 Billion

AU$6.85 Billion AUD

Market Cap Rank

#3622 Global

#82 in Australia

Share Price

AU$9.91

Change (1 day)

+1.02%

52-Week Range

AU$7.38 - AU$10.75

All Time High

AU$11.37