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

Latest as of March 2026: 0.62x

Naturgy BAN SA (GBAN) has a Free Cash Flow Generation Index of 0.62x as of March 2026. Free cash flow of AR$18.45 Billion represents 1% of operating cash flow (AR$29.95 Billion). Read GBAN total debt and obligations for a breakdown of total debt and financial obligations.

FCF Generation Index

0.62x
Free Cash Flow / Operating CF

Free Cash Flow

AR$18.45 Billion
ARS

Operating Cash Flow

AR$29.95 Billion
ARS

Capital Expenditures

AR$11.51 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. Explore Naturgy BAN SA (GBAN) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.

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

Year-by-year Free Cash Flow Generation Index for Naturgy BAN SA. For the full company profile including market capitalisation, see Naturgy BAN SA market capitalisation.

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).