International Consolidated Airlines Group S.A Financial Flexibility Index

Latest as of June 2026: 0.15x

International Consolidated Airlines Group S.A financial flexibility index. International Consolidated Airlines Group S.A (IAG) has a Financial Flexibility Index of 0.15x as of June 2026. Free cash flow of €5.52 Billion (operating CF €4.22 Billion minus capex €1.30 Billion) represents 0% of total liabilities (€37.48 Billion). Explore International Consolidated Airlines Grou (IAG) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

Financial Flexibility Index

0.15x
Free Cash Flow / Total Liabilities

Free Cash Flow

€5.52 Billion
Operating CF − Capex

Total Liabilities

€37.48 Billion
EUR

Capital Expenditures

€1.30 Billion
EUR

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

Financial flexibility index of International Consolidated Airlines Group S.A from 2003 to 2025. Historical Financial Flexibility Index trend for International Consolidated Airlines Group S.A across 22 annual periods. Check International Consolidated Airlines Grou total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.

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

International Consolidated Airlines Group S.A financial flexibility index by year from 2003 to 2025. Year-by-year free cash flow to debt coverage for International Consolidated Airlines Group S.A. For the full cash flow conversion analysis, see cash efficiency ratio of International Consolidated Airlines Grou.

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