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). Explore capital reinvestment ratio of Harvey Norman Holdings Ltd to see what proportion of operating cash flow is directed to capital expenditures.
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. For the full cash flow conversion analysis, see HVN cash flow metrics.
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. Check cash flow reinvestment rate of Harvey Norman Holdings Ltd 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 |
|---|---|---|---|---|---|
| 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 | — |