Harvey Norman Holdings Ltd (HVN) — Free Cash Flow Generation Index
Harvey Norman Holdings Ltd (HVN) has a Free Cash Flow Generation Index of 0.83x as of December 2025. Free cash flow of AU$325.91 Million represents 1% of operating cash flow (AU$392.88 Million). Read Harvey Norman Holdings Ltd (HVN) total liabilities for a breakdown of total debt and financial obligations.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Harvey Norman Holdings Ltd Free Cash Flow Generation Index (1991–2025)
Historical FCF Generation Index trend for Harvey Norman Holdings Ltd across 32 annual periods. Explore HVN capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Harvey Norman Holdings Ltd (1991–2025)
Year-by-year Free Cash Flow Generation Index for Harvey Norman Holdings Ltd. For the full company profile including market capitalisation, see HVN stock market capitalisation.
| Year | FCG Index | Free Cash Flow (AUD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.74x | AU$510.74 Million | AU$694.30 Million | AU$183.56 Million | ▲ +2.2% |
| 2024 | 0.72x | AU$494.37 Million | AU$686.53 Million | AU$192.16 Million | ▼ -0.6% |
| 2023 | 0.72x | AU$492.60 Million | AU$680.26 Million | AU$187.66 Million | ▼ -13.9% |
| 2022 | 0.84x | AU$502.38 Million | AU$597.30 Million | AU$94.92 Million | ▲ +3.1% |
| 2021 | 0.82x | AU$443.57 Million | AU$543.87 Million | AU$100.30 Million | ▼ -10.5% |
| 2020 | 0.91x | AU$963.06 Million | AU$1.06 Billion | AU$93.91 Million | ▲ +21.9% |
| 2019 | 0.75x | AU$278.62 Million | AU$372.85 Million | AU$94.22 Million | ▼ -5.8% |
| 2018 | 0.79x | AU$360.27 Million | AU$454.17 Million | AU$93.89 Million | ▲ +0.4% |
| 2017 | 0.79x | AU$335.77 Million | AU$425.14 Million | AU$89.37 Million | ▼ -6.5% |
| 2016 | 0.84x | AU$369.54 Million | AU$437.69 Million | AU$68.16 Million | ▲ +0.7% |
| 2015 | 0.84x | AU$285.44 Million | AU$340.45 Million | AU$55.01 Million | ▲ +3.7% |
| 2014 | 0.81x | AU$273.96 Million | AU$338.94 Million | AU$64.97 Million | ▲ +16.7% |
| 2013 | 0.69x | AU$165.64 Million | AU$239.22 Million | AU$73.58 Million | ▲ +50.6% |
| 2012 | 0.46x | AU$92.40 Million | AU$200.94 Million | AU$108.55 Million | ▼ -12.3% |
| 2011 | 0.52x | AU$188.19 Million | AU$358.97 Million | AU$170.78 Million | ▼ -33.0% |
| 2010 | 0.78x | AU$302.78 Million | AU$386.87 Million | AU$84.09 Million | ▲ +8.1% |
| 2009 | 0.72x | AU$320.23 Million | AU$442.50 Million | AU$122.27 Million | ▲ +16.5% |
| 2008 | 0.62x | AU$179.77 Million | AU$289.45 Million | AU$109.68 Million | ▼ -10.0% |
| 2007 | 0.69x | AU$306.78 Million | AU$444.43 Million | AU$137.66 Million | ▲ +594.1% |
| 2006 | -0.14x | AU$-22.32 Million | AU$159.76 Million | AU$182.08 Million | ▼ -19469.3% |
| 2005 | 0.00x | AU$-132.00K | AU$184.92 Million | AU$185.05 Million | ▲ +98.4% |
| 2004 | -0.04x | AU$-8.35 Million | AU$189.44 Million | AU$197.79 Million | ▲ +97.0% |
| 2003 | -1.49x | AU$-161.08 Million | AU$108.38 Million | AU$161.08 Million | ▼ -822.1% |
| 2002 | 0.21x | AU$38.89 Million | AU$188.95 Million | AU$150.06 Million | ▲ +118.5% |
| 2001 | -1.11x | AU$-67.87 Million | AU$61.15 Million | AU$129.02 Million | ▲ +2.5% |
| 2000 | -1.14x | AU$-138.71 Million | AU$121.87 Million | AU$138.71 Million | ▲ +14.2% |
| 1997 | -1.33x | AU$-39.39 Million | AU$29.70 Million | AU$69.08 Million | ▼ -2277.7% |
| 1996 | 0.06x | AU$4.13 Million | AU$67.79 Million | AU$63.66 Million | ▲ +108.3% |
| 1995 | -0.74x | AU$-11.84 Million | AU$16.05 Million | AU$27.89 Million | ▲ +67.6% |
| 1994 | -2.27x | AU$-17.01 Million | AU$7.48 Million | AU$24.49 Million | ▲ +11.8% |
| 1992 | -2.58x | AU$-4.41 Million | AU$1.71 Million | AU$6.12 Million | ▼ -574.2% |
| 1991 | -0.38x | AU$-3.78 Million | AU$9.89 Million | AU$13.67 Million | — |