Rheinmetall AG (RHM) — Financial Flexibility Index

Latest as of December 2025: 0.25x

Rheinmetall AG (RHM) has a Financial Flexibility Index of 0.25x as of December 2025. Free cash flow of €2.78 Billion (operating CF €2.50 Billion minus capex €274.00 Million) represents 0% of total liabilities (€11.16 Billion). Also explore Rheinmetall AG net asset momentum to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.25x
Free Cash Flow / Total Liabilities

Free Cash Flow

€2.78 Billion
Operating CF − Capex

Total Liabilities

€11.16 Billion
EUR

Capital Expenditures

€274.00 Million
EUR

Rheinmetall AG Financial Flexibility Index (2013–2025)

Historical Financial Flexibility Index trend for Rheinmetall AG across 13 annual periods. Check Rheinmetall AG strategic capital allocation to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for Rheinmetall AG (2013–2025)

Year-by-year free cash flow to debt coverage for Rheinmetall AG. For the full company profile including market capitalisation, see RHM market cap overview.

Year Flexibility Index Free Cash Flow (EUR) Operating CF Total Liabilities YoY Change
2025 0.28x €3.16 Billion €2.29 Billion €11.16 Billion ▲ +14.1%
2024 0.25x €2.45 Billion €1.72 Billion €9.88 Billion ▲ +75.4%
2023 0.14x €1.14 Billion €743.00 Million €8.06 Billion ▲ +35.4%
2022 0.10x €523.00 Million €174.00 Million €5.01 Billion ▼ -44.4%
2021 0.19x €961.00 Million €690.00 Million €5.11 Billion ▲ +42.0%
2020 0.13x €690.00 Million €453.00 Million €5.21 Billion ▼ -23.5%
2019 0.17x €890.00 Million €602.00 Million €5.14 Billion ▲ +52.9%
2018 0.11x €519.00 Million €242.00 Million €4.59 Billion ▼ -41.3%
2017 0.19x €816.00 Million €546.00 Million €4.23 Billion ▲ +15.2%
2016 0.17x €727.00 Million €444.00 Million €4.34 Billion ▲ +7.5%
2015 0.16x €649.00 Million €339.00 Million €4.17 Billion ▲ +64.3%
2014 0.09x €386.00 Million €102.00 Million €4.07 Billion ▼ -16.9%
2013 0.11x €402.00 Million €211.00 Million €3.53 Billion —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities