International Consolidated Airlines Group S.A (IAG) — Financial Flexibility Index

Latest as of December 2025: 0.13x

International Consolidated Airlines Group S.A (IAG) has a Financial Flexibility Index of 0.13x as of December 2025. Free cash flow of €4.73 Billion (operating CF €2.92 Billion minus capex €1.81 Billion) represents 0% of total liabilities (€35.31 Billion). Also explore how fast is International Consolidated Airlines Grou growing its equity to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.13x
Free Cash Flow / Total Liabilities

Free Cash Flow

€4.73 Billion
Operating CF − Capex

Total Liabilities

€35.31 Billion
EUR

Capital Expenditures

€1.81 Billion
EUR

International Consolidated Airlines Group S.A Financial Flexibility Index (2003–2025)

Historical Financial Flexibility Index trend for International Consolidated Airlines Group S.A across 22 annual periods. Check International Consolidated Airlines Grou strategic asset allocation index to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for International Consolidated Airlines Group S.A (2003–2025)

Year-by-year free cash flow to debt coverage for International Consolidated Airlines Group S.A. For the full company profile including market capitalisation, see International Consolidated Airlines Grou (IAG) total market value.

Year Flexibility Index Free Cash Flow (EUR) Operating CF Total Liabilities YoY Change
2025 0.28x €9.85 Billion €6.47 Billion €35.31 Billion ▲ +14.3%
2024 0.24x €9.19 Billion €6.37 Billion €37.63 Billion ▼ -0.2%
2023 0.24x €8.42 Billion €4.86 Billion €34.40 Billion ▲ +4.7%
2022 0.23x €8.71 Billion €4.83 Billion €37.28 Billion ▲ +1200.3%
2021 0.02x €603.00 Million €-141.00 Million €33.56 Billion ▲ +138.3%
2020 -0.05x €-1.36 Billion €-3.30 Billion €28.95 Billion ▼ -118.1%
2019 0.26x €7.47 Billion €4.00 Billion €28.83 Billion ▼ -8.6%
2018 0.28x €6.04 Billion €3.24 Billion €21.31 Billion ▲ +12.5%
2017 0.25x €5.00 Billion €3.51 Billion €19.86 Billion ▼ -3.8%
2016 0.26x €5.68 Billion €2.65 Billion €21.71 Billion ▲ +48.2%
2015 0.18x €4.01 Billion €1.97 Billion €22.70 Billion ▼ -21.8%
2014 0.23x €4.48 Billion €1.86 Billion €19.86 Billion ▲ +9.5%
2013 0.21x €3.41 Billion €1.22 Billion €16.56 Billion ▲ +93.1%
2012 0.11x €1.58 Billion €339.00 Million €14.78 Billion ▼ -18.4%
2011 0.13x €1.84 Billion €770.00 Million €14.07 Billion ▼ -16.4%
2010 0.16x €1.58 Billion €936.00 Million €10.07 Billion ▲ +63.9%
2008 0.10x €891.73 Million €275.29 Million €9.33 Billion ▼ -27.0%
2007 0.13x €1.32 Billion €530.57 Million €10.07 Billion ▼ -5.0%
2006 0.14x €1.82 Billion €1.28 Billion €13.22 Billion ▼ -19.1%
2005 0.17x €2.47 Billion €2.06 Billion €14.48 Billion ▲ +17.2%
2004 0.15x €2.17 Billion €1.61 Billion €14.94 Billion ▲ +24.8%
2003 0.12x €1.69 Billion €1.37 Billion €14.51 Billion —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities