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). See MBG working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

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 MBG operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.

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 MBG stock 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).