Westpac Banking Corporation Free Cash Flow Generation Index

Latest as of March 2026: 0.99x

Westpac Banking Corporation free cash flow generation index. Westpac Banking Corporation (WBC) has a Free Cash Flow Generation Index of 0.99x as of March 2026. Free cash flow of AU$11.04 Billion represents 1% of operating cash flow (AU$11.15 Billion).

FCF Generation Index

0.99x
Free Cash Flow / Operating CF

Free Cash Flow

AU$11.04 Billion
AUD

Operating Cash Flow

AU$11.15 Billion
AUD

Capital Expenditures

AU$115.00 Million
AUD

Free Cash Flow Generation Index of Westpac Banking Corporation (1990–2025)

Free cash flow generation index of Westpac Banking Corporation from 1990 to 2025. Historical FCF Generation Index trend for Westpac Banking Corporation across 27 annual periods. See financial agility of Westpac Banking Corporation to measure the company's free cash flow as a share of total liabilities.

Westpac Banking Corporation Free Cash Flow Generation Index by Year (1990–2025)

Westpac Banking Corporation free cash flow generation index by year from 1990 to 2025. Year-by-year Free Cash Flow Generation Index for Westpac Banking Corporation. For the full cash flow conversion analysis, see cash efficiency ratio of Westpac Banking Corporation.

Year FCG Index Free Cash Flow (AUD) Operating CF Capital Expenditures YoY Change
2025 0.97x AU$13.55 Billion AU$13.93 Billion AU$371.00 Million ▼ -1.3%
2021 0.99x AU$16.44 Billion AU$16.67 Billion AU$234.00 Million ▼ -0.6%
2020 0.99x AU$29.50 Billion AU$29.74 Billion AU$240.00 Million ▲ +4.1%
2019 0.95x AU$5.71 Billion AU$5.99 Billion AU$280.00 Million ▼ -8.0%
2017 1.04x AU$30.32 Billion AU$29.27 Billion AU$1.06 Billion ▼ -16.2%
2016 1.24x AU$6.66 Billion AU$5.38 Billion AU$1.28 Billion ▲ +18.2%
2016 1.05x AU$20.98 Billion AU$20.04 Billion AU$938.00 Million ▼ -0.8%
2015 1.06x AU$19.48 Billion AU$18.46 Billion AU$1.02 Billion ▼ -44.8%
2014 1.91x AU$2.08 Billion AU$1.09 Billion AU$992.00 Million ▲ +110.0%
2013 0.91x AU$3.12 Billion AU$3.42 Billion AU$304.00 Million ▲ +205.0%
2010 -0.87x AU$-406.00 Million AU$468.00 Million AU$874.00 Million ▼ -189.2%
2009 0.97x AU$20.18 Billion AU$20.76 Billion AU$580.00 Million ▲ +5.0%
2005 0.93x AU$4.23 Billion AU$4.57 Billion AU$338.83 Million ▼ -2.4%
2004 0.95x AU$5.21 Billion AU$5.49 Billion AU$284.48 Million ▲ +0.1%
2003 0.95x AU$5.77 Billion AU$6.09 Billion AU$323.53 Million ▲ +2.4%
2002 0.92x AU$3.48 Billion AU$3.77 Billion AU$283.64 Million ▲ +0.7%
2001 0.92x AU$3.35 Billion AU$3.65 Billion AU$298.17 Million ▲ +13.8%
2000 0.81x AU$1.75 Billion AU$2.17 Billion AU$418.12 Million ▲ +190.7%
1999 0.28x AU$139.17 Million AU$501.19 Million AU$362.02 Million ▼ -65.3%
1998 0.80x AU$1.59 Billion AU$1.99 Billion AU$398.31 Million ▲ +101.3%
1997 -63.06x AU$-312.80 Million AU$4.96 Million AU$317.76 Million ▼ -6405.6%
1996 1.00x AU$1.13 Billion AU$1.13 Billion AU$0.00 ▲ +4.7%
1994 0.96x AU$2.92 Billion AU$3.05 Billion AU$135.93 Million ▲ +5.3%
1993 0.91x AU$984.75 Million AU$1.08 Billion AU$100.19 Million ▼ -4.7%
1992 0.95x AU$2.27 Billion AU$2.39 Billion AU$113.52 Million ▼ -4.8%
1991 1.00x AU$476.71 Million AU$476.71 Million AU$0.00 ▲ +19.7%
1990 0.84x AU$2.89 Billion AU$3.46 Billion AU$568.47 Million —
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).