Heidelberg Materials AG (HEI) — Financial Flexibility Index

Latest as of December 2025: 0.28x

Heidelberg Materials AG (HEI) has a Financial Flexibility Index of 0.28x as of December 2025. Free cash flow of €4.67 Billion (operating CF €3.25 Billion minus capex €1.41 Billion) represents 0% of total liabilities (€16.84 Billion). Also explore Heidelberg Materials AG equity growth rate to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.28x
Free Cash Flow / Total Liabilities

Free Cash Flow

€4.67 Billion
Operating CF − Capex

Total Liabilities

€16.84 Billion
EUR

Capital Expenditures

€1.41 Billion
EUR

Heidelberg Materials AG Financial Flexibility Index (2002–2025)

Historical Financial Flexibility Index trend for Heidelberg Materials AG across 24 annual periods. Check how strategically is Heidelberg Materials AG's equity deployed to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for Heidelberg Materials AG (2002–2025)

Year-by-year free cash flow to debt coverage for Heidelberg Materials AG. For the full company profile including market capitalisation, see HEI market cap overview.

Year Flexibility Index Free Cash Flow (EUR) Operating CF Total Liabilities YoY Change
2025 0.27x €4.62 Billion €3.25 Billion €16.84 Billion ▲ +4.4%
2024 0.26x €4.55 Billion €3.23 Billion €17.33 Billion ▼ -0.9%
2023 0.27x €4.53 Billion €3.21 Billion €17.10 Billion ▲ +10.4%
2022 0.24x €3.76 Billion €2.42 Billion €15.63 Billion ▲ +7.4%
2021 0.22x €3.82 Billion €2.40 Billion €17.05 Billion ▼ -0.4%
2020 0.22x €4.00 Billion €3.03 Billion €17.79 Billion ▲ +17.3%
2019 0.19x €3.85 Billion €2.66 Billion €20.08 Billion ▲ +19.9%
2018 0.16x €3.03 Billion €1.97 Billion €18.96 Billion ▼ -3.8%
2017 0.17x €3.07 Billion €2.04 Billion €18.51 Billion ▲ +9.9%
2016 0.15x €2.91 Billion €1.87 Billion €19.28 Billion ▼ -20.5%
2015 0.19x €2.36 Billion €1.45 Billion €12.40 Billion ▲ +9.1%
2014 0.17x €2.42 Billion €1.48 Billion €13.89 Billion ▲ +24.9%
2013 0.14x €1.99 Billion €1.06 Billion €14.28 Billion ▼ -14.9%
2012 0.16x €2.34 Billion €1.51 Billion €14.29 Billion ▲ +14.9%
2011 0.14x €2.21 Billion €1.33 Billion €15.45 Billion ▲ +10.2%
2010 0.13x €1.88 Billion €1.14 Billion €14.49 Billion ▼ -4.1%
2009 0.14x €1.96 Billion €1.16 Billion €14.51 Billion ▼ -7.2%
2008 0.15x €2.62 Billion €1.52 Billion €18.03 Billion ▲ +7.4%
2007 0.14x €2.95 Billion €1.91 Billion €21.76 Billion ▼ -51.7%
2006 0.28x €1.82 Billion €1.26 Billion €6.49 Billion ▲ +43.6%
2005 0.20x €1.34 Billion €795.02 Million €6.88 Billion ▼ -6.1%
2004 0.21x €1.40 Billion €937.35 Million €6.75 Billion ▲ +33.3%
2003 0.16x €1.05 Billion €660.22 Million €6.71 Billion ▼ -18.9%
2002 0.19x €1.40 Billion €944.84 Million €7.29 Billion —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities