Aena SA Financial Flexibility Index
Aena SA financial flexibility index. Aena SA (AENA) has a Financial Flexibility Index of 0.13x as of March 2026. Free cash flow of €1.21 Billion (operating CF €908.40 Million minus capex €298.88 Million) represents 0% of total liabilities (€9.65 Billion). Explore AENA capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Aena SA (2011–2025)
Financial flexibility index of Aena SA from 2011 to 2025. Historical Financial Flexibility Index trend for Aena SA across 15 annual periods. Check Aena SA cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Aena SA Financial Flexibility Index by Year (2011–2025)
Aena SA financial flexibility index by year from 2011 to 2025. Year-by-year free cash flow to debt coverage for Aena SA. For the full cash flow conversion analysis, see AENA cash flow conversion.
| Year | Flexibility Index | Free Cash Flow (EUR) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.41x | €3.55 Billion | €2.83 Billion | €8.74 Billion | ▼ -0.4% |
| 2024 | 0.41x | €3.57 Billion | €2.75 Billion | €8.77 Billion | ▲ +47.3% |
| 2023 | 0.28x | €2.76 Billion | €2.22 Billion | €10.00 Billion | ▼ -1.7% |
| 2022 | 0.28x | €2.59 Billion | €1.86 Billion | €9.21 Billion | ▲ +205.0% |
| 2021 | 0.09x | €951.55 Million | €280.47 Million | €10.31 Billion | ▲ +36.4% |
| 2020 | 0.07x | €649.37 Million | €146.24 Million | €9.60 Billion | ▼ -81.7% |
| 2019 | 0.37x | €3.14 Billion | €2.11 Billion | €8.51 Billion | ▲ +32.7% |
| 2018 | 0.28x | €2.47 Billion | €1.95 Billion | €8.88 Billion | ▲ +12.2% |
| 2017 | 0.25x | €2.39 Billion | €2.01 Billion | €9.62 Billion | ▲ +21.6% |
| 2016 | 0.20x | €2.14 Billion | €1.83 Billion | €10.49 Billion | ▲ +37.1% |
| 2015 | 0.15x | €1.88 Billion | €1.63 Billion | €12.66 Billion | ▲ +23.8% |
| 2014 | 0.12x | €1.66 Billion | €1.35 Billion | €13.84 Billion | ▼ -4.7% |
| 2013 | 0.13x | €1.69 Billion | €1.20 Billion | €13.41 Billion | ▲ +18.3% |
| 2012 | 0.11x | €1.52 Billion | €706.41 Million | €14.28 Billion | ▲ +19.3% |
| 2011 | 0.09x | €1.25 Billion | €659.95 Million | €14.01 Billion | — |