Challenger Ltd (CGF) — Free Cash Flow Generation Index
Challenger Ltd (CGF) has a Free Cash Flow Generation Index of 1.00x as of December 2025. Free cash flow of AU$1.05 Billion represents 1% of operating cash flow (AU$1.05 Billion). See Challenger Ltd current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Challenger Ltd Free Cash Flow Generation Index (2003–2025)
Historical FCF Generation Index trend for Challenger Ltd across 19 annual periods. Explore CGF debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Challenger Ltd (2003–2025)
Year-by-year Free Cash Flow Generation Index for Challenger Ltd. For the full company profile including market capitalisation, see Challenger Ltd stock valuation.
| Year | FCG Index | Free Cash Flow (AUD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 1.00x | AU$399.40 Million | AU$399.60 Million | AU$200.00K | ▲ +0.2% |
| 2024 | 1.00x | AU$841.80 Million | AU$843.70 Million | AU$1.90 Million | ▲ +0.4% |
| 2023 | 0.99x | AU$1.27 Billion | AU$1.27 Billion | AU$7.90 Million | ▼ -0.5% |
| 2022 | 1.00x | AU$2.48 Billion | AU$2.49 Billion | AU$2.90 Million | ▲ +0.4% |
| 2021 | 0.99x | AU$2.56 Billion | AU$2.58 Billion | AU$12.90 Million | ▲ +1.4% |
| 2020 | 0.98x | AU$475.60 Million | AU$484.90 Million | AU$9.30 Million | ▲ +8.0% |
| 2019 | 0.91x | AU$592.40 Million | AU$652.30 Million | AU$59.90 Million | ▼ -5.9% |
| 2018 | 0.96x | AU$1.91 Billion | AU$1.98 Billion | AU$69.90 Million | ▼ -2.4% |
| 2017 | 0.99x | AU$1.58 Billion | AU$1.60 Billion | AU$19.00 Million | ▲ +0.3% |
| 2016 | 0.99x | AU$1.26 Billion | AU$1.28 Billion | AU$19.10 Million | ▼ -0.9% |
| 2015 | 0.99x | AU$810.80 Million | AU$815.90 Million | AU$5.10 Million | ▲ +4.6% |
| 2014 | 0.95x | AU$140.00 Million | AU$147.40 Million | AU$7.40 Million | ▼ -2.9% |
| 2013 | 0.98x | AU$771.80 Million | AU$789.10 Million | AU$17.30 Million | ▲ +1.6% |
| 2012 | 0.96x | AU$1.17 Billion | AU$1.21 Billion | AU$45.80 Million | ▼ -0.8% |
| 2011 | 0.97x | AU$1.18 Billion | AU$1.22 Billion | AU$36.80 Million | ▲ +6.0% |
| 2010 | 0.92x | AU$209.70 Million | AU$229.10 Million | AU$19.40 Million | ▲ +101.5% |
| 2008 | -61.32x | AU$-10.57 Billion | AU$172.30 Million | AU$10.74 Billion | ▼ -6625.9% |
| 2005 | 0.94x | AU$229.50 Million | AU$244.24 Million | AU$14.74 Million | ▼ -6.0% |
| 2003 | 1.00x | AU$1.43 Million | AU$1.43 Million | AU$0.00 | — |