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). Explore Norsk Hydro ASA capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.

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. For the full cash flow conversion analysis, see Norsk Hydro ASA cash conversion from operations.

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

Year-by-year Free Cash Flow Generation Index for Norsk Hydro ASA. Check cash flow reinvestment rate of Norsk Hydro ASA to assess the company's total reinvestment commitment from operating cash flow.

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).