Grupo Financiero Banorte S.A.B. de C.V (GFNORTEO) - Cash Flow Conversion Efficiency

Latest as of March 2026: -0.031x

Based on the latest financial reports, Grupo Financiero Banorte S.A.B. de C.V (GFNORTEO) has a cash flow conversion efficiency ratio of -0.031x as of March 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 (MX$-8.16 Billion ≈ $-469.65 Million USD) by net assets (MX$264.43 Billion ≈ $15.22 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 Grupo Financiero Banorte S.A.B. de C.V balance sheet independence to measure how much of total assets are equity-financed.

Grupo Financiero Banorte S.A.B. de C.V - Cash Flow Conversion Efficiency Trend (2014–2025)

This chart illustrates how Grupo Financiero Banorte S.A.B. de C.V's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check GFNORTEO cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

Grupo Financiero Banorte S.A.B. de C.V Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Grupo Financiero Banorte S.A.B. de C.V ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Orix Corp Ads F:OIXA	0.068x
adidas AG F:ADS	-0.055x
Workday Inc NASDAQ:WDAY	0.104x
Kenvue Inc. NYSE:KVUE	0.028x
Koninklijke Ahold Delhaize NV AS:AD	0.051x
Hanwha Aerospace Co Ltd KO:012450	-0.071x
FUJITSU LTD. ADR 5/1 F:FUJA	N/A
SUMITOMO CORP. SP. ADR 1 F:SUMB	N/A

Annual Cash Flow Conversion Efficiency for Grupo Financiero Banorte S.A.B. de C.V (2014–2025)

The table below shows the annual cash flow conversion efficiency of Grupo Financiero Banorte S.A.B. de C.V from 2014 to 2025. For the full company profile with market capitalisation and key ratios, see Grupo Financiero Banorte S.A.B. de C.V market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	MX$252.21 Billion ≈ $14.51 Billion	MX$81.43 Billion ≈ $4.69 Billion	0.323x	+156.01%
2024-12-31	MX$248.43 Billion ≈ $14.30 Billion	MX$31.33 Billion ≈ $1.80 Billion	0.126x	-63.07%
2023-12-31	MX$249.21 Billion ≈ $14.34 Billion	MX$85.10 Billion ≈ $4.90 Billion	0.341x	+478.56%
2022-12-31	MX$239.03 Billion ≈ $13.76 Billion	MX$-21.56 Billion ≈ $-1.24 Billion	-0.090x	-163.27%
2021-12-31	MX$237.24 Billion ≈ $13.65 Billion	MX$33.82 Billion ≈ $1.95 Billion	0.143x	+175.48%
2020-12-31	MX$225.10 Billion ≈ $12.95 Billion	MX$-42.52 Billion ≈ $-2.45 Billion	-0.189x	-195.49%
2019-12-31	MX$196.00 Billion ≈ $11.28 Billion	MX$38.77 Billion ≈ $2.23 Billion	0.198x	+237.66%
2018-12-31	MX$174.46 Billion ≈ $10.04 Billion	MX$-25.07 Billion ≈ $-1.44 Billion	-0.144x	+48.59%
2017-12-31	MX$147.58 Billion ≈ $8.49 Billion	MX$-41.25 Billion ≈ $-2.37 Billion	-0.279x	+40.32%
2016-12-31	MX$142.70 Billion ≈ $8.21 Billion	MX$-66.82 Billion ≈ $-3.85 Billion	-0.468x	-213.89%
2015-12-31	MX$137.35 Billion ≈ $7.90 Billion	MX$-20.49 Billion ≈ $-1.18 Billion	-0.149x	+50.99%
2014-12-31	MX$124.67 Billion ≈ $7.17 Billion	MX$-37.95 Billion ≈ $-2.18 Billion	-0.304x	--

About Grupo Financiero Banorte S.A.B. de C.V

MX:GFNORTEO Mexico Banks - Regional

Market Cap

$32.03 Billion

MX$556.54 Billion MXN

Market Cap Rank

#838 Global

#23 in Mexico

Share Price

MX$200.58

Change (1 day)

+0.15%

52-Week Range

MX$164.38 - MX$208.76

All Time High

MX$208.76