Delivery Hero SE (DHER) — Financial Flexibility Index

Latest as of December 2025: -0.04x

Delivery Hero SE (DHER) has a Financial Flexibility Index of -0.04x as of December 2025. Free cash flow of €-308.60 Million (operating CF €-400.00 Million minus capex €91.40 Million) represents 0% of total liabilities (€8.75 Billion). Check total reinvestment intensity of Delivery Hero SE to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

-0.04x
Free Cash Flow / Total Liabilities

Free Cash Flow

€-308.60 Million
Operating CF − Capex

Total Liabilities

€8.75 Billion
EUR

Capital Expenditures

€91.40 Million
EUR

Delivery Hero SE Financial Flexibility Index (2013–2025)

Historical Financial Flexibility Index trend for Delivery Hero SE across 13 annual periods. For the full cash flow conversion analysis, see DHER operating cash flow.

Annual Financial Flexibility Index for Delivery Hero SE (2013–2025)

Year-by-year free cash flow to debt coverage for Delivery Hero SE. Explore DHER operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (EUR) Operating CF Total Liabilities YoY Change
2025 0.01x €81.70 Million €-89.30 Million €8.75 Billion ▼ -87.9%
2024 0.08x €777.40 Million €638.30 Million €10.04 Billion ▲ +433.9%
2023 0.01x €128.20 Million €-19.50 Million €8.84 Billion ▲ +130.2%
2022 -0.05x €-436.00 Million €-688.80 Million €9.07 Billion ▲ +40.2%
2021 -0.08x €-580.30 Million €-901.40 Million €7.21 Billion ▼ -15.2%
2020 -0.07x €-321.60 Million €-530.00 Million €4.61 Billion ▲ +79.2%
2019 -0.34x €-269.70 Million €-364.80 Million €803.20 Million ▼ -13.5%
2018 -0.30x €-115.30 Million €-164.60 Million €389.90 Million ▲ +48.4%
2017 -0.57x €-187.50 Million €-210.60 Million €327.40 Million ▼ -447.2%
2016 -0.10x €-77.44 Million €-95.99 Million €739.94 Million ▲ +52.6%
2015 -0.22x €-137.91 Million €-146.87 Million €623.95 Million ▼ -17.5%
2014 -0.19x €-46.83 Million €-54.52 Million €248.94 Million ▲ +34.8%
2013 -0.29x €-21.04 Million €-22.05 Million €72.94 Million —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities