LEONARDO ADR 1/2/EO 440 Financial Flexibility Index

Latest as of December 2025: 0.07x

LEONARDO ADR 1/2/EO 440 financial flexibility index. LEONARDO ADR 1/2/EO 440 (FMN) has a Financial Flexibility Index of 0.07x as of December 2025. Free cash flow of €1.60 Billion (operating CF €1.60 Billion minus capex €0.00) represents 0% of total liabilities (€23.77 Billion). See free cash flow generation of LEONARDO ADR 1/2/EO 440 to measure how efficiently the company converts operating cash flow to free cash.

Financial Flexibility Index

0.07x
Free Cash Flow / Total Liabilities

Free Cash Flow

€1.60 Billion
Operating CF − Capex

Total Liabilities

€23.77 Billion
EUR

Capital Expenditures

€0.00
EUR

Financial Flexibility Index of LEONARDO ADR 1/2/EO 440 (2021–2025)

Financial flexibility index of LEONARDO ADR 1/2/EO 440 from 2021 to 2025. Historical Financial Flexibility Index trend for LEONARDO ADR 1/2/EO 440 across 5 annual periods. Check LEONARDO ADR 1/2/EO 440 earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.

LEONARDO ADR 1/2/EO 440 Financial Flexibility Index by Year (2021–2025)

LEONARDO ADR 1/2/EO 440 financial flexibility index by year from 2021 to 2025. Year-by-year free cash flow to debt coverage for LEONARDO ADR 1/2/EO 440. For the full cash flow conversion analysis, see FMN operating cash flow.

Year Flexibility Index Free Cash Flow (EUR) Operating CF Total Liabilities YoY Change
2025 0.12x €2.77 Billion €1.75 Billion €23.77 Billion ▲ +12.1%
2024 0.10x €2.44 Billion €1.54 Billion €23.47 Billion ▲ +16.7%
2023 0.09x €1.97 Billion €1.19 Billion €22.13 Billion ▼ -3.0%
2022 0.09x €1.91 Billion €1.15 Billion €20.88 Billion ▲ +48.1%
2021 0.06x €1.36 Billion €742.00 Million €21.92 Billion —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities