Norsk Hydro ASA (NOHA) — Free Cash Flow Generation Index

Latest as of December 2025: 0.49x

Norsk Hydro ASA (NOHA) has a Free Cash Flow Generation Index of 0.49x as of December 2025. Free cash flow of €3.93 Billion represents 0% of operating cash flow (€7.99 Billion). See NOHA working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

FCF Generation Index

0.49x
Free Cash Flow / Operating CF

Free Cash Flow

€3.93 Billion
EUR

Operating Cash Flow

€7.99 Billion
EUR

Capital Expenditures

€4.06 Billion
EUR

Norsk Hydro ASA Free Cash Flow Generation Index (2016–2025)

Historical FCF Generation Index trend for Norsk Hydro ASA across 10 annual periods. Explore NOHA operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.

Annual Free Cash Flow Generation for Norsk Hydro ASA (2016–2025)

Year-by-year Free Cash Flow Generation Index for Norsk Hydro ASA. For the full company profile including market capitalisation, see NOHA market cap overview.

Year FCG Index Free Cash Flow (EUR) Operating CF Capital Expenditures YoY Change
2025 0.50x €11.73 Billion €23.31 Billion €11.58 Billion ▲ +329.0%
2024 0.12x €1.80 Billion €15.36 Billion €13.55 Billion ▼ -77.6%
2023 0.52x €14.31 Billion €27.31 Billion €13.00 Billion ▼ -22.3%
2022 0.67x €19.79 Billion €29.34 Billion €9.60 Billion ▲ +107.4%
2021 0.33x €4.66 Billion €14.33 Billion €6.02 Billion ▼ -42.6%
2020 0.57x €7.23 Billion €12.76 Billion €5.53 Billion ▲ +85.9%
2019 0.30x €3.82 Billion €12.55 Billion €8.73 Billion ▲ +1203.4%
2018 -0.03x €-194.00 Million €7.03 Billion €7.22 Billion ▼ -105.6%
2017 0.49x €7.05 Billion €14.35 Billion €7.30 Billion ▼ -70.9%
2016 1.69x €16.93 Billion €10.02 Billion €6.91 Billion
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).