Firefly Aerospace Inc. Common Stock (FLY) — Financial Flexibility Index

Latest as of June 2026: -0.14x

Firefly Aerospace Inc. Common Stock (FLY) has a Financial Flexibility Index of -0.14x as of June 2026. Free cash flow of $-56.82 Million (operating CF $-81.56 Million minus capex $24.74 Million) represents 0% of total liabilities ($416.30 Million). Check Firefly Aerospace Inc. Common Stock tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Financial Flexibility Index

-0.14x
Free Cash Flow / Total Liabilities

Free Cash Flow

$-56.82 Million
Operating CF − Capex

Total Liabilities

$416.30 Million
USD

Capital Expenditures

$24.74 Million
USD

Firefly Aerospace Inc. Common Stock Financial Flexibility Index (2023–2025)

Historical Financial Flexibility Index trend for Firefly Aerospace Inc. Common Stock across 3 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Firefly Aerospace Inc. Common Stock.

Annual Financial Flexibility Index for Firefly Aerospace Inc. Common Stock (2023–2025)

Year-by-year free cash flow to debt coverage for Firefly Aerospace Inc. Common Stock. Explore Firefly Aerospace Inc. Common Stock cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 -0.27x $-172.10 Million $-204.92 Million $635.00 Million ▼ -154.8%
2024 -0.11x $-124.95 Million $-157.65 Million $1.17 Billion ▼ -442.5%
2023 -0.02x $-16.19 Million $-93.43 Million $825.69 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities