The a2 Milk Company Ltd (A2M) — Free Cash Flow Generation Index
The a2 Milk Company Ltd (A2M) has a Free Cash Flow Generation Index of -0.70x as of June 2026. Free cash flow of AU$-26.41 Million represents -1% of operating cash flow (AU$37.93 Million). Explore The a2 Milk Company Ltd (A2M) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
The a2 Milk Company Ltd Free Cash Flow Generation Index (2011–2026)
Historical FCF Generation Index trend for The a2 Milk Company Ltd across 15 annual periods. For the full cash flow conversion analysis, see The a2 Milk Company Ltd cash conversion from operations.
Annual Free Cash Flow Generation for The a2 Milk Company Ltd (2011–2026)
Year-by-year Free Cash Flow Generation Index for The a2 Milk Company Ltd. Check A2M capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (AUD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2026 | 0.45x | AU$59.62 Million | AU$133.04 Million | AU$73.42 Million | ▼ -54.3% |
| 2025 | 0.98x | AU$197.51 Million | AU$201.48 Million | AU$3.97 Million | ▲ +6.6% |
| 2024 | 0.92x | AU$235.22 Million | AU$255.74 Million | AU$17.02 Million | ▲ +1.5% |
| 2023 | 0.91x | AU$100.88 Million | AU$111.28 Million | AU$10.41 Million | ▼ -5.9% |
| 2022 | 0.96x | AU$136.38 Million | AU$141.55 Million | AU$5.17 Million | ▲ +1278.4% |
| 2021 | -0.08x | AU$-7.31 Million | AU$89.42 Million | AU$7.31 Million | ▼ -383.9% |
| 2020 | -0.02x | AU$-7.22 Million | AU$427.41 Million | AU$7.22 Million | ▼ -45.3% |
| 2019 | -0.01x | AU$-3.36 Million | AU$289.07 Million | AU$3.36 Million | ▼ -101.2% |
| 2018 | 0.98x | AU$226.26 Million | AU$231.11 Million | AU$4.85 Million | ▲ +0.4% |
| 2017 | 0.98x | AU$97.47 Million | AU$99.94 Million | AU$2.47 Million | ▲ +7.8% |
| 2016 | 0.90x | AU$19.42 Million | AU$21.47 Million | AU$2.05 Million | ▲ +115.9% |
| 2014 | -5.70x | AU$-2.48 Million | AU$435.00K | AU$2.91 Million | ▼ -6376.5% |
| 2013 | 0.09x | AU$331.00K | AU$3.65 Million | AU$3.32 Million | ▲ +100.1% |
| 2012 | -114.13x | AU$-10.04 Million | AU$88.00K | AU$10.13 Million | ▼ -25591.8% |
| 2011 | -0.44x | AU$-639.15K | AU$1.44 Million | AU$2.08 Million | — |