Mercedes-Benz Group AG (MBG) — Free Cash Flow Generation Index

Latest as of December 2025: -0.39x

Mercedes-Benz Group AG (MBG) has a Free Cash Flow Generation Index of -0.39x as of December 2025. Free cash flow of €-1.07 Billion represents 0% of operating cash flow (€2.78 Billion). Read Mercedes-Benz Group AG debt and liabilities for a breakdown of total debt and financial obligations.

FCF Generation Index

-0.39x
Free Cash Flow / Operating CF

Free Cash Flow

€-1.07 Billion
EUR

Operating Cash Flow

€2.78 Billion
EUR

Capital Expenditures

€3.85 Billion
EUR

Mercedes-Benz Group AG Free Cash Flow Generation Index (2007–2025)

Historical FCF Generation Index trend for Mercedes-Benz Group AG across 14 annual periods. Explore reinvestment intensity of Mercedes-Benz Group AG to see what proportion of operating cash flow is directed to capital expenditures.

Annual Free Cash Flow Generation for Mercedes-Benz Group AG (2007–2025)

Year-by-year Free Cash Flow Generation Index for Mercedes-Benz Group AG. For the full company profile including market capitalisation, see Mercedes-Benz Group AG market capitalisation.

Year FCG Index Free Cash Flow (EUR) Operating CF Capital Expenditures YoY Change
2025 0.46x €8.26 Billion €18.01 Billion €9.74 Billion ▼ -10.3%
2024 0.51x €9.07 Billion €17.73 Billion €8.66 Billion ▲ +18.3%
2023 0.43x €6.26 Billion €14.47 Billion €8.21 Billion ▼ -26.9%
2022 0.59x €9.99 Billion €16.89 Billion €3.48 Billion ▼ -15.7%
2021 0.70x €17.23 Billion €24.55 Billion €4.58 Billion ▲ +13.8%
2020 0.62x €13.77 Billion €22.33 Billion €5.74 Billion ▲ +265.1%
2019 -0.37x €-2.95 Billion €7.89 Billion €7.20 Billion ▲ +98.8%
2018 -30.20x €-10.36 Billion €343.00 Million €7.53 Billion ▼ -993.4%
2016 3.38x €12.54 Billion €3.71 Billion €8.83 Billion ▼ -85.8%
2015 23.86x €5.30 Billion €222.00 Million €5.08 Billion ▲ +848.9%
2013 2.51x €8.26 Billion €3.29 Billion €4.97 Billion ▲ +105.9%
2009 1.22x €13.38 Billion €10.96 Billion €2.42 Billion ▼ -67.8%
2008 3.79x €17.13 Billion €4.52 Billion €12.62 Billion ▲ +73.7%
2007 2.18x €42.07 Billion €19.28 Billion €22.80 Billion —
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).