Telefonica Cash Flow Conversion Efficiency
Telefonica cash flow conversion efficiency. Based on the latest financial reports, Telefonica (TEF) has a cash flow conversion efficiency ratio of 0.197x as of June 2026. 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 (€2.12 Billion ≈ $2.48 Billion USD) by net assets (€10.77 Billion ≈ $12.59 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Telefonica (1989–2025)
Cash flow conversion efficiency of Telefonica from 1989 to 2025. This chart illustrates how Telefonica's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Telefonica (TEF) share price today for real-time trading data and today's change.
Telefonica Cash Flow Conversion Ratio Explained
Telefonica cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Telefonica Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Telefonica ranked by their cash flow conversion efficiency. Also see TEF company net worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Weichai Power Co Ltd Class A
SHE:000338
|
0.102x |
|
MTN Group Ltd
JSE:MTN
|
0.255x |
|
CyberArk Software Ltd
NASDAQ:CYBR
|
0.055x |
|
LARGAN Precision Co Ltd
TW:3008
|
0.034x |
|
Asustek Computer Inc
TW:2357
|
-0.095x |
|
Reliance Steel & Aluminum Co
NYSE:RS
|
0.021x |
|
Telefonica Brasil SA ADR
NYSE:VIV
|
0.081x |
|
NN Group NV
AS:NN
|
-0.057x |
Annual Cash Flow Conversion Efficiency for Telefonica (1989–2025)
The table below shows the annual cash flow conversion efficiency of Telefonica from 1989 to 2025. Review how much free cash does Telefonica generate to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | €17.81 Billion ≈ $20.82 Billion |
€9.72 Billion ≈ $11.37 Billion |
0.546x | +12.97% |
| 2024-12-31 | €22.75 Billion ≈ $26.60 Billion |
€10.99 Billion ≈ $12.85 Billion |
0.483x | +12.41% |
| 2023-12-31 | €27.10 Billion ≈ $31.68 Billion |
€11.65 Billion ≈ $13.62 Billion |
0.430x | +26.14% |
| 2022-12-31 | €31.71 Billion ≈ $37.07 Billion |
€10.81 Billion ≈ $12.63 Billion |
0.341x | -4.79% |
| 2021-12-31 | €28.68 Billion ≈ $33.53 Billion |
€10.27 Billion ≈ $12.00 Billion |
0.358x | -50.47% |
| 2020-12-31 | €18.26 Billion ≈ $21.35 Billion |
€13.20 Billion ≈ $15.43 Billion |
0.723x | +22.57% |
| 2019-12-31 | €25.45 Billion ≈ $29.75 Billion |
€15.01 Billion ≈ $17.54 Billion |
0.590x | +19.52% |
| 2018-12-31 | €26.98 Billion ≈ $31.54 Billion |
€13.31 Billion ≈ $15.56 Billion |
0.493x | -4.81% |
| 2017-12-31 | €26.62 Billion ≈ $31.12 Billion |
€13.79 Billion ≈ $16.13 Billion |
0.518x | +10.07% |
| 2016-12-31 | €28.39 Billion ≈ $33.19 Billion |
€13.36 Billion ≈ $15.62 Billion |
0.471x | -4.59% |
| 2015-12-31 | €27.56 Billion ≈ $32.22 Billion |
€13.60 Billion ≈ $15.90 Billion |
0.493x | +22.74% |
| 2014-12-31 | €30.29 Billion ≈ $35.41 Billion |
€12.18 Billion ≈ $14.24 Billion |
0.402x | -22.10% |
| 2013-12-31 | €27.48 Billion ≈ $32.13 Billion |
€14.18 Billion ≈ $16.58 Billion |
0.516x | -6.17% |
| 2012-12-31 | €27.66 Billion ≈ $32.34 Billion |
€15.21 Billion ≈ $17.79 Billion |
0.550x | -13.85% |
| 2011-12-31 | €27.38 Billion ≈ $32.01 Billion |
€17.48 Billion ≈ $20.44 Billion |
0.638x | +21.34% |
| 2010-12-31 | €31.68 Billion ≈ $37.04 Billion |
€16.67 Billion ≈ $19.49 Billion |
0.526x | -20.90% |
| 2009-12-31 | €24.27 Billion ≈ $28.38 Billion |
€16.15 Billion ≈ $18.88 Billion |
0.665x | -20.55% |
| 2008-12-31 | €19.56 Billion ≈ $22.87 Billion |
€16.38 Billion ≈ $19.15 Billion |
0.837x | +23.06% |
| 2007-12-31 | €22.86 Billion ≈ $26.72 Billion |
€15.55 Billion ≈ $18.18 Billion |
0.680x | -11.71% |
| 2006-12-31 | €20.00 Billion ≈ $23.38 Billion |
€15.41 Billion ≈ $18.02 Billion |
0.771x | +11.79% |
| 2005-12-31 | €16.15 Billion ≈ $18.88 Billion |
€11.13 Billion ≈ $13.01 Billion |
0.689x | +35.35% |
| 2004-12-31 | €19.99 Billion ≈ $23.37 Billion |
€10.18 Billion ≈ $11.90 Billion |
0.509x | +17.38% |
| 2003-12-31 | €21.15 Billion ≈ $24.72 Billion |
€9.18 Billion ≈ $10.73 Billion |
0.434x | +11.29% |
| 2002-12-31 | €22.61 Billion ≈ $26.43 Billion |
€8.81 Billion ≈ $10.31 Billion |
0.390x | +47.04% |
| 2001-12-31 | €33.31 Billion ≈ $38.94 Billion |
€8.83 Billion ≈ $10.33 Billion |
0.265x | -37.44% |
| 1996-12-31 | €13.71 Billion ≈ $16.02 Billion |
€5.81 Billion ≈ $6.79 Billion |
0.424x | +719.42% |
| 1995-12-31 | €11.92 Billion ≈ $13.93 Billion |
€616.36 Million ≈ $720.59 Million |
0.052x | -87.65% |
| 1994-12-31 | €9.37 Billion ≈ $10.95 Billion |
€3.92 Billion ≈ $4.59 Billion |
0.419x | +190.75% |
| 1990-12-31 | €9.89 Billion ≈ $11.56 Billion |
€1.42 Billion ≈ $1.67 Billion |
0.144x | -47.13% |
| 1989-12-31 | €9.41 Billion ≈ $11.00 Billion |
€2.56 Billion ≈ $3.00 Billion |
0.272x | -- |
About Telefonica
Telefónica, S.A., together with its subsidiaries, provides telecommunications services in Spain, Brazil, Germany, and the United Kingdom. The company offers digital services for residential customers, such as entertainment, home connectivity and security; and advanced solutions for businesses and public administrations, including cloud, cybersecurity, IoT, artificial intelligence, and professiona… Read more