Telefonica (TEF) - 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. Also see Telefonica market capitalisation for the company's overall valuation and market capitalisation.
Telefonica - Cash Flow Conversion Efficiency Trend (1989–2025)
This chart illustrates how Telefonica's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Telefonica Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Telefonica ranked by their cash flow conversion efficiency. Explore Telefonica cash earnings quality to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Hua Nan Financial Holdings Co Ltd
TW:2880
|
-0.595x |
|
BCE Inc
TO:BCE
|
0.084x |
|
CyberArk Software Ltd
NASDAQ:CYBR
|
0.055x |
|
Omnicom Group Inc
NYSE:OMC
|
-0.037x |
|
Henkel AG & Co. KGaA
XETRA:HEN
|
0.041x |
|
Telefonica Brasil SA ADR
NYSE:VIV
|
0.081x |
|
NN Group NV
AS:NN
|
-0.057x |
|
Bank Polska Kasa Opieki SA
WAR:PEO
|
0.040x |
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. View Telefonica (TEF) share price today for real-time trading data and today's change.
| 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