Companies by Free Cash Flow Generation Index
Companies by free cash flow generation index. How much free cash flow does each company retain from its operating cash flow after capital expenditures
Companies with Data
28,838
Positive operating CF and FCF/capex data required
Last Updated
Oct 2026
Quarterly + annual filings
Free Cash Flow Generation Index = Free Cash Flow / Operating Cash Flow
Measures how much of operating cash flow survives after capital expenditures. A ratio of 0.8x means the company retains 80% of its operating cash as free cash flow. Higher ratios indicate asset-light businesses or disciplined capital management. Values above 1.0x are exceptional; negative values indicate FCF losses despite positive operating cash.
Measures how much of operating cash flow survives after capital expenditures. A ratio of 0.8x means the company retains 80% of its operating cash as free cash flow. Higher ratios indicate asset-light businesses or disciplined capital management. Values above 1.0x are exceptional; negative values indicate FCF losses despite positive operating cash.
Free Cash Flow Generation Index Rankings of Public Companies (October 2026)
Free cash flow generation index rankings of public companies for October 2026, covering 28,838 companies. Search or filter the table below to find a company.
| Rank | Company | FCF Generation Index | Free Cash Flow | Operating CF | Country | Price | 24h Change |
|---|---|---|---|---|---|---|---|
| 28001 |
Friend Co Ltd
SHG:605050 |
-5.75x |
CN¥-385.41 Million
≈ $-56.40 Million |
CN¥66.98 Million | China | CN¥9.96 | ▲ +1.32% |
| 28002 |
Ace Oldfields PT
JK:KUAS |
-5.76x |
Rp-2.16 Billion
≈ $-126.29K |
Rp374.21 Million | Indonesia | Rp75.00 | ▼ -14.77% |
| 28003 |
Beijing Hanyi Innovation Technology Co. Ltd. A
SHE:301270 |
-5.77x |
CN¥-142.29 Million
≈ $-20.82 Million |
CN¥24.66 Million | China | CN¥28.95 | ▲ +0.00% |
| 28004 |
ChemX Materials Ltd
AU:CMX |
-5.77x |
AU$-60.12K
≈ $-42.54K |
AU$10.41K | Australia | AU$0.03 | ▲ +0.00% |
| 28005 |
Heavy Minerals Ltd
AU:HVY |
-5.78x |
AU$-1.19 Million
≈ $-842.08K |
AU$205.84K | Australia | AU$0.30 | ▲ +0.00% |
| 28006 |
Ascot Resources Ltd.
TO:AOT |
-5.79x |
CA$-38.11 Million
≈ $-27.57 Million |
CA$6.59 Million | Canada | CA$0.06 | ▲ +0.00% |
| 28007 |
Sugentech Inc
KQ:253840 |
-5.79x |
₩-2.21 Billion
≈ $-1.50 Million |
₩381.67 Million | Korea | ₩4380.00 | ▲ +3.42% |
| 28008 |
Sky Harbour Group Corp
NYSE MKT:SKYH |
-5.79x | $-16.44 Million | $2.84 Million | USA | $9.10 | ▼ -0.44% |
| 28009 |
Hangzhou Shenhao Technology Co Ltd
SHE:300853 |
-5.81x |
CN¥-4.09 Million
≈ $-597.99K |
CN¥703.69K | China | CN¥25.68 | ▲ +1.50% |
| 28010 |
Apex International Co Ltd
TW:4927 |
-5.81x |
NT$-194.51 Million
≈ $-6.13 Million |
NT$33.49 Million | Taiwan | NT$56.00 | ▲ +0.00% |
| 28011 |
HC Semitek Corp
SHE:300323 |
-5.81x |
CN¥-294.18 Million
≈ $-43.05 Million |
CN¥50.60 Million | China | CN¥8.28 | ▼ -3.16% |
| 28012 |
JBG SMITH Properties
NYSE:JBGS |
-5.82x | $-19.83 Million | $3.41 Million | USA | $11.15 | ▲ +0.63% |
| 28013 |
Kumho Petro Chemical
KO:011780 |
-5.82x |
₩-20.16 Billion
≈ $-13.66 Million |
₩3.46 Billion | Korea | ₩113500.00 | ▼ -0.70% |
| 28014 |
Kumho Petro Chemical Co Ltd
KO:011785 |
-5.82x |
₩-20.16 Billion
≈ $-13.66 Million |
₩3.46 Billion | Korea | ₩47950.00 | ▲ +0.63% |
| 28015 |
Magnum Ventures Limited
NSE:MAGNUM |
-5.82x |
Rs-331.41 Million
≈ $-3.58 Million |
Rs56.90 Million | India | Rs18.07 | ▲ +0.11% |
| 28016 |
Vina San Pedro
SN:VSPT |
-5.83x |
CL$-2.25 Billion
≈ $-2.52 Million |
CL$386.22 Million | Chile | CL$3.80 | ▲ +0.00% |
| 28017 |
Chun Yu Works & Co Ltd
TW:2012 |
-5.84x |
NT$-192.19 Million
≈ $-6.06 Million |
NT$32.93 Million | Taiwan | NT$14.50 | ▲ +2.47% |
| 28018 |
Enlight Corp
TW:2438 |
-5.86x |
NT$-83.63 Million
≈ $-2.63 Million |
NT$14.27 Million | Taiwan | NT$19.30 | ▲ +0.78% |
| 28019 |
PNE AG
XETRA:PNE3 |
-5.87x |
€-8.80 Million
≈ $-10.29 Million |
€1.50 Million | Germany | €5.70 | ▲ +2.33% |
| 28020 |
Avis Budget Group Inc
NASDAQ:CAR |
-5.88x | $-3.72 Billion | $632.00 Million | USA | $102.83 | ▼ -6.32% |
| 28021 |
Hexagon Purus As
OL:HPUR |
-5.89x |
Nkr-94.55 Million
≈ $-9.95 Million |
Nkr16.05 Million | Norway | Nkr5.90 | ▲ +2.08% |
| 28022 |
Qualipoly Chemical Corp
TW:4722 |
-5.89x |
NT$-174.72 Million
≈ $-5.50 Million |
NT$29.65 Million | Taiwan | NT$198.00 | ▼ -2.22% |
| 28023 |
Alpha Hpa Ltd
AU:A4N |
-5.90x |
AU$-54.50 Million
≈ $-38.56 Million |
AU$9.24 Million | Australia | AU$0.45 | ▲ +9.76% |
| 28024 |
Wheaton Precious Metals Corp
TO:WPM |
-5.93x |
CA$-3.85 Billion
≈ $-2.79 Billion |
CA$649.52 Million | Canada | CA$189.71 | ▲ +0.44% |
| 28025 |
Doosan Solus Co Ltd Pref 1P
KO:33637K |
-5.93x |
₩-31.83 Billion
≈ $-21.57 Million |
₩5.37 Billion | Korea | ₩1442.00 | ▲ +0.98% |
| 28026 |
Solus Advanced Materials Co Ltd
KO:336370 |
-5.93x |
₩-31.83 Billion
≈ $-21.57 Million |
₩5.37 Billion | Korea | ₩8020.00 | ▼ -0.50% |
| 28027 |
Artivion Inc
NYSE:AORT |
-5.94x | $-6.85 Million | $1.15 Million | USA | $21.78 | ▼ -0.41% |
| 28028 |
Bitzero Holdings Inc.
NASDAQ:AIBZ |
-5.94x | $-4.84 Million | $814.80K | USA | $2.33 | ▼ -15.27% |
| 28029 |
Sical Logistics Limited
NSE:SICALLOG |
-5.94x |
Rs-463.10 Million
≈ $-5.01 Million |
Rs77.90 Million | India | Rs85.00 | ▲ +1.05% |
| 28030 |
Waga Energy SA
PA:WAGA |
-5.96x |
€-50.40 Million
≈ $-58.92 Million |
€8.45 Million | France | €22.85 | ▲ +5.79% |
| 28031 |
VNET Group Inc DRC
NASDAQ:VNET |
-5.96x | $-1.30 Billion | $217.34 Million | USA | $3.92 | ▼ -10.91% |
| 28032 |
Zhejiang JW Precision Machinery Co.Ltd
SHE:300984 |
-5.98x |
CN¥-26.84 Million
≈ $-3.93 Million |
CN¥4.49 Million | China | CN¥31.70 | ▼ -1.40% |
| 28033 |
WI Co. Ltd.
KQ:073570 |
-5.99x |
₩-1.10 Billion
≈ $-746.52K |
₩183.97 Million | Korea | ₩2480.00 | ▲ +2.27% |
| 28034 |
Vigo System SA
WAR:VGO |
-6.00x |
zł-1.85 Million
≈ $-508.32K |
zł308.00K | Poland | zł554.00 | ▼ -2.46% |
| 28035 |
Atlas Salt Inc
V:SALT |
-6.02x |
CA$-1.05 Million
≈ $-760.39K |
CA$174.67K | Canada | CA$1.45 | ▲ +2.11% |
| 28036 |
KEY Petroleum Ltd
AU:KEY |
-6.02x |
AU$-615.78K
≈ $-435.70K |
AU$102.27K | Australia | AU$0.09 | ▲ +3.57% |
| 28037 |
Xinjiang Joinworld Co Ltd
SHG:600888 |
-6.02x |
CN¥-1.02 Billion
≈ $-148.66 Million |
CN¥168.71 Million | China | CN¥8.72 | ▲ +0.58% |
| 28038 |
Daesung Ind
KO:128820 |
-6.03x |
₩-6.70 Billion
≈ $-4.54 Million |
₩1.11 Billion | Korea | ₩4610.00 | ▲ +1.10% |
| 28039 |
Blue Star Gold Corp
V:BAU |
-6.03x |
CA$-1.11 Million
≈ $-804.06K |
CA$184.19K | Canada | CA$0.18 | ▲ +0.00% |
| 28040 |
StarPower Semiconductor Ltd
SHG:603290 |
-6.06x |
CN¥-128.73 Million
≈ $-18.84 Million |
CN¥21.23 Million | China | CN¥69.68 | ▲ +0.23% |
| 28041 |
Jiangxi Chen Guang New Materials Co Ltd
SHG:605399 |
-6.07x |
CN¥-94.74 Million
≈ $-13.86 Million |
CN¥15.62 Million | China | CN¥11.40 | ▲ +1.24% |
| 28042 |
Kinko Optical Co Ltd
TW:6209 |
-6.10x |
NT$-157.13 Million
≈ $-4.95 Million |
NT$25.76 Million | Taiwan | NT$100.50 | ▲ +8.06% |
| 28043 |
Trailbreaker Resources Ltd
V:TBK |
-6.10x |
CA$-1.01 Million
≈ $-727.95K |
CA$164.86K | Canada | CA$0.33 | ▲ +10.00% |
| 28044 |
Newpeak Metals Ltd
AU:NPM |
-6.11x |
AU$-163.87K
≈ $-115.95K |
AU$26.82K | Australia | AU$0.01 | ▼ -11.11% |
| 28045 |
Ravelin Properties REIT
TO:RPR-UN |
-6.15x |
CA$-3.77 Million
≈ $-2.73 Million |
CA$613.00K | Canada | CA$0.03 | ▲ +25.00% |
| 28046 |
Smalto SA
PA:MLSML |
-6.15x |
€-166.00K
≈ $-194.07K |
€27.00K | France | €0.02 | ▲ +0.00% |
| 28047 |
PENNON GROUP PLC UNS.ADR2
F:3PN0 |
-6.15x |
€-575.10 Million
≈ $-672.35 Million |
€93.50 Million | Germany | €11.90 | ▲ +0.00% |
| 28048 |
Guangdong Guanghong Holdings Co Ltd
SHE:000529 |
-6.15x |
CN¥-40.65 Million
≈ $-5.95 Million |
CN¥6.60 Million | China | CN¥4.94 | ▲ +0.41% |
| 28049 |
Yingkou Fengguang Advanced Material Co.Ltd.
SHE:301100 |
-6.16x |
CN¥-89.24 Million
≈ $-13.06 Million |
CN¥14.49 Million | China | CN¥15.51 | ▲ +0.65% |
| 28050 |
Provaris Energy Ltd
AU:PV1 |
-6.17x |
AU$-2.38 Million
≈ $-1.68 Million |
AU$386.11K | Australia | AU$0.00 | ▲ +0.00% |
| 28051 |
Uxi Unicomp Technology Co. Ltd. A
SHG:688531 |
-6.17x |
CN¥-193.84 Million
≈ $-28.37 Million |
CN¥31.42 Million | China | CN¥104.61 | ▼ -1.74% |
| 28052 |
Cape Range Ltd
AU:CAG |
-6.18x |
AU$-82.61K
≈ $-58.45K |
AU$13.38K | Australia | AU$0.08 | ▲ +0.00% |
| 28053 |
Jtekt India Limited
NSE:JTEKTINDIA |
-6.19x |
Rs-1.43 Billion
≈ $-15.43 Million |
Rs230.62 Million | India | Rs116.30 | ▲ +1.71% |
| 28054 |
First Farms A/S
CO:FFARMS |
-6.19x |
Dkr-28.21 Million
≈ $-4.41 Million |
Dkr4.55 Million | Denmark | Dkr67.60 | ▲ +2.11% |
| 28055 |
Invibes Advertising NV
PA:ALINV |
-6.21x |
€-764.00K
≈ $-893.20K |
€123.00K | France | €1.23 | ▼ -1.60% |
| 28056 |
Rafael Holdings, Inc.
NYSE:RFL |
-6.21x | $-435.00K | $70.00K | USA | $1.39 | ▼ -5.44% |
| 28057 |
Atha Energy Corp.
V:SASK |
-6.22x |
CA$-7.75 Million
≈ $-5.60 Million |
CA$1.25 Million | Canada | CA$0.92 | ▼ -1.08% |
| 28058 |
Agroz Inc. Ordinary Shares
NASDAQ:AGRZ |
-6.25x | $-5.88 Million | $941.27K | USA | $2.84 | ▼ -4.05% |
| 28059 |
Jiangsu Shuangxing Color Plastic New Materials Co Ltd
SHE:002585 |
-6.26x |
CN¥-261.77 Million
≈ $-38.31 Million |
CN¥41.84 Million | China | CN¥10.03 | ▼ -4.66% |
| 28060 |
Pandora A/S
CO:PNDORA |
-6.29x |
Dkr-264.00 Million
≈ $-41.30 Million |
Dkr42.00 Million | Denmark | Dkr847.00 | ▲ +0.24% |
| 28061 |
Volkswagen AG
XETRA:VOW |
-6.31x |
€-4.14 Billion
≈ $-4.85 Billion |
€657.00 Million | Germany | €69.15 | ▲ +3.21% |
| 28062 |
CHEMTRONICS.CO.Ltd
KQ:089010 |
-6.31x |
₩-14.36 Billion
≈ $-9.73 Million |
₩2.28 Billion | Korea | ₩24500.00 | ▲ +2.73% |
| 28063 |
Vishay Precision Group Inc
NYSE:VPG |
-6.33x | $-1.72 Million | $271.00K | USA | $60.40 | ▼ -5.71% |
| 28064 |
Kamdhenu Ventures Limited
NSE:KAMOPAINTS |
-6.33x |
Rs-30.71 Million
≈ $-332.12K |
Rs4.85 Million | India | Rs4.01 | ▼ -0.50% |
| 28065 |
Globetronics Tech Bhd
KLSE:7022 |
-6.33x |
RM-7.94 Million
≈ $-1.99 Million |
RM1.25 Million | Malaysia | RM0.21 | ▼ -2.38% |
| 28066 |
TeraGo Inc.
TO:TGO |
-6.34x |
CA$-869.00K
≈ $-628.62K |
CA$137.00K | Canada | CA$1.83 | ▼ -6.15% |
| 28067 |
Mgame Corp
KQ:058630 |
-6.35x |
₩-7.99 Billion
≈ $-5.41 Million |
₩1.26 Billion | Korea | ₩3850.00 | ▲ +4.34% |
| 28068 |
Ta Ya Electric Wire & Cable Co., Ltd.
TW:1609 |
-6.35x |
NT$-1.14 Billion
≈ $-35.99 Million |
NT$179.76 Million | Taiwan | NT$38.65 | ▼ -1.15% |
| 28069 |
CEKD Bhd
KLSE:0238 |
-6.36x |
RM-12.32 Million
≈ $-3.09 Million |
RM1.94 Million | Malaysia | RM0.30 | ▲ +9.09% |
| 28070 |
Investigator Resources Ltd
AU:IVR |
-6.36x |
AU$-1.53 Million
≈ $-1.08 Million |
AU$240.69K | Australia | AU$0.05 | ▲ +4.65% |
| 28071 |
Qingdao Haier Biomedical Co Ltd
SHG:688139 |
-6.36x |
CN¥-46.60 Million
≈ $-6.82 Million |
CN¥7.33 Million | China | CN¥32.15 | ▼ -1.47% |
| 28072 |
Sichuan Haite High-tech Co Ltd
SHE:002023 |
-6.38x |
CN¥-42.57 Million
≈ $-6.23 Million |
CN¥6.67 Million | China | CN¥8.78 | ▲ +3.42% |
| 28073 |
Qinhuangdao Tianqin Equipment Manufacturing Co.Ltd.
SHE:300922 |
-6.39x |
CN¥-23.97 Million
≈ $-3.51 Million |
CN¥3.75 Million | China | CN¥17.13 | ▲ +5.55% |
| 28074 |
ESGL Holdings Limited
NASDAQ:OIO |
-6.40x | $-2.01 Million | $314.00K | USA | $1.78 | ▲ +9.88% |
| 28075 |
Keras Resources PLC
LSE:KRS |
-6.40x |
GBX-416.00K
≈ $-50.62 |
GBX65.00K | UK | GBX1.85 | ▲ +0.00% |
| 28076 |
Woori Technology Inc
KQ:032820 |
-6.40x |
₩-25.24 Billion
≈ $-17.11 Million |
₩3.94 Billion | Korea | ₩10150.00 | ▲ +2.73% |
| 28077 |
Victory New Materials Ltd Co
TW:1340 |
-6.41x |
NT$-69.69 Million
≈ $-2.20 Million |
NT$10.88 Million | Taiwan | NT$5.05 | ▲ +0.60% |
| 28078 |
K-Fast Holding AB (publ)
ST:KFAST-B |
-6.42x |
Skr-218.90 Million
≈ $-23.56 Million |
Skr34.10 Million | Sweden | Skr10.20 | ▲ +3.13% |
| 28079 |
Neonode Inc
NASDAQ:NEON |
-6.43x | $-135.00K | $21.00K | USA | $0.77 | ▼ -3.74% |
| 28080 |
Marchex Inc
NASDAQ:MCHX |
-6.45x | $-780.00K | $121.00K | USA | $1.26 | ▲ +3.28% |
| 28081 |
North Stawell Minerals Ltd
AU:NSM |
-6.47x |
AU$-870.69K
≈ $-616.07K |
AU$134.60K | Australia | AU$0.02 | ▲ +0.00% |
| 28082 |
Platinum Group Metals Ltd
TO:PTM |
-6.49x |
CA$-1.31 Million
≈ $-948.36K |
CA$202.00K | Canada | CA$1.61 | ▼ -1.83% |
| 28083 |
Investec plc
LSE:INVR |
-6.49x |
GBX-371.43 Million
≈ $-45.19K |
GBX57.22 Million | UK | GBX692.50 | ▲ +0.36% |
| 28084 |
Ucore Rare Metals Inc
V:UCU |
-6.50x |
CA$-1.68 Million
≈ $-1.21 Million |
CA$258.28K | Canada | CA$1.99 | ▼ -7.87% |
| 28085 |
Ayalon Holdings Ltd
TA:AYAL |
-6.52x |
ILA-25.98 Million
≈ $-69.65K |
ILA3.98 Million | Israel | ILA17150.00 | ▼ -1.10% |
| 28086 |
Shenzhen Everbest Machinery Indus
SHE:002980 |
-6.52x |
CN¥-10.71 Million
≈ $-1.57 Million |
CN¥1.64 Million | China | CN¥111.89 | ▲ +1.34% |
| 28087 |
Lincoln Minerals Ltd
AU:LML |
-6.52x |
AU$-372.51
≈ $-263.57 |
AU$57.12 | Australia | AU$0.01 | ▲ +8.33% |
| 28088 |
Innovotech Inc
V:IOT |
-6.52x |
CA$-331.05K
≈ $-239.48K |
CA$50.75K | Canada | CA$0.07 | ▲ +0.00% |
| 28089 |
ExlService Holdings Inc
NASDAQ:EXLS |
-6.52x | $-11.21 Million | $1.72 Million | USA | $39.52 | ▲ +1.06% |
| 28090 |
YES24 Co.Ltd
KQ:053280 |
-6.53x |
₩-17.49 Billion
≈ $-11.86 Million |
₩2.68 Billion | Korea | ₩2840.00 | ▲ +1.25% |
| 28091 |
GAMEVIL Inc
KQ:063080 |
-6.53x |
₩-6.00 Billion
≈ $-4.07 Million |
₩919.07 Million | Korea | ₩11400.00 | ▲ +4.20% |
| 28092 |
Zhejiang HISUN Biomaterials Co. Ltd. A
SHG:688203 |
-6.55x |
CN¥-254.34 Million
≈ $-37.22 Million |
CN¥38.84 Million | China | CN¥16.47 | ▼ -1.91% |
| 28093 |
JA Solar Technology Co Ltd
SHE:002459 |
-6.57x |
CN¥-1.47 Billion
≈ $-215.77 Million |
CN¥224.53 Million | China | CN¥6.44 | ▲ +0.47% |
| 28094 |
Dart Mining NL
AU:DTM |
-6.57x |
AU$-2.25 Million
≈ $-1.59 Million |
AU$342.42K | Australia | AU$0.01 | ▼ -10.00% |
| 28095 |
Space Exploration Technologies Corp. Class A Common Stock
NASDAQ:SPCX |
-6.59x | $-15.95 Billion | $2.42 Billion | USA | $146.03 | ▼ -1.74% |
| 28096 |
Hangzhou Bio-Sincerity Pharma-Tech Co.Ltd.
SHE:301096 |
-6.61x |
CN¥-598.15 Million
≈ $-87.53 Million |
CN¥90.45 Million | China | CN¥40.73 | ▼ -0.37% |
| 28097 |
KNJ Co. Ltd
KQ:272110 |
-6.62x |
₩-9.38 Billion
≈ $-6.36 Million |
₩1.42 Billion | Korea | ₩27550.00 | ▲ +7.41% |
| 28098 |
Oversea Enterprise Bhd
KLSE:0153 |
-6.63x |
RM-1.34 Million
≈ $-337.69K |
RM203.00K | Malaysia | RM0.04 | ▲ +0.00% |
| 28099 |
TAG Oil Ltd.
V:TAO |
-6.64x |
CA$-7.29 Million
≈ $-5.27 Million |
CA$1.10 Million | Canada | CA$0.09 | ▲ +0.00% |
| 28100 |
China Railway Construction Corp Ltd
SHG:601186 |
-6.64x |
CN¥-8.18 Billion
≈ $-1.20 Billion |
CN¥1.23 Billion | China | CN¥6.19 | ▲ +1.14% |
How Companies Are Ranked by Free Cash Flow Generation Index
Companies are ranked by free cash flow generation index, calculated as free cash flow divided by operating cash flow, using each company's latest reported financial statements.