Naturgy BAN SA (GBAN) — Free Cash Flow Generation Index

Latest as of June 2026: 0.87x

Naturgy BAN SA (GBAN) has a Free Cash Flow Generation Index of 0.87x as of June 2026. Free cash flow of AR$91.20 Billion represents 1% of operating cash flow (AR$104.68 Billion). Explore Naturgy BAN SA (GBAN) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

0.87x
Free Cash Flow / Operating CF

Free Cash Flow

AR$91.20 Billion
ARS

Operating Cash Flow

AR$104.68 Billion
ARS

Capital Expenditures

AR$13.48 Billion
ARS

Naturgy BAN SA Free Cash Flow Generation Index (2015–2025)

Historical FCF Generation Index trend for Naturgy BAN SA across 10 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Naturgy BAN SA.

Annual Free Cash Flow Generation for Naturgy BAN SA (2015–2025)

Year-by-year Free Cash Flow Generation Index for Naturgy BAN SA. Check GBAN capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (ARS) Operating CF Capital Expenditures YoY Change
2025 0.67x AR$113.92 Billion AR$170.31 Billion AR$56.39 Billion ▼ -8.3%
2024 0.73x AR$91.52 Billion AR$125.50 Billion AR$33.98 Billion ▼ -10.0%
2023 0.81x AR$98.10 Billion AR$121.08 Billion AR$22.98 Billion ▲ +31.1%
2022 0.62x AR$7.18 Billion AR$11.62 Billion AR$3.75 Billion ▲ +105.0%
2021 0.30x AR$2.91 Billion AR$9.67 Billion AR$3.80 Billion ▼ -29.8%
2020 0.43x AR$2.76 Billion AR$6.43 Billion AR$2.12 Billion ▲ +63.9%
2019 0.26x AR$1.39 Billion AR$5.31 Billion AR$3.30 Billion ▲ +58.1%
2018 0.17x AR$771.16 Million AR$4.66 Billion AR$3.30 Billion ▼ -88.8%
2016 1.48x AR$1.07 Billion AR$723.55 Million AR$350.03 Million ▲ +14.7%
2015 1.29x AR$1.06 Billion AR$817.83 Million AR$239.78 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).