Rheinmetall AG (RHM) — Free Cash Flow Generation Index
Rheinmetall AG (RHM) has a Free Cash Flow Generation Index of 0.89x as of December 2025. Free cash flow of €2.23 Billion represents 1% of operating cash flow (€2.50 Billion). Explore RHM capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Rheinmetall AG Free Cash Flow Generation Index (2013–2025)
Historical FCF Generation Index trend for Rheinmetall AG across 13 annual periods. For the full cash flow conversion analysis, see RHM operating cash flow.
Annual Free Cash Flow Generation for Rheinmetall AG (2013–2025)
Year-by-year Free Cash Flow Generation Index for Rheinmetall AG. Check total reinvestment intensity of Rheinmetall AG 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 | 0.62x | €1.42 Billion | €2.29 Billion | €872.00 Million | ▲ +7.7% |
| 2024 | 0.57x | €988.00 Million | €1.72 Billion | €732.00 Million | ▲ +23.7% |
| 2023 | 0.46x | €345.00 Million | €743.00 Million | €398.00 Million | ▲ +146.2% |
| 2022 | -1.01x | €-175.00 Million | €174.00 Million | €349.00 Million | ▼ -265.6% |
| 2021 | 0.61x | €419.00 Million | €690.00 Million | €271.00 Million | ▲ +27.4% |
| 2020 | 0.48x | €216.00 Million | €453.00 Million | €237.00 Million | ▼ -8.6% |
| 2019 | 0.52x | €314.00 Million | €602.00 Million | €288.00 Million | ▲ +460.6% |
| 2018 | -0.14x | €-35.00 Million | €242.00 Million | €277.00 Million | ▼ -128.6% |
| 2017 | 0.51x | €276.00 Million | €546.00 Million | €270.00 Million | ▼ -69.1% |
| 2016 | 1.64x | €727.00 Million | €444.00 Million | €283.00 Million | ▼ -14.5% |
| 2015 | 1.91x | €649.00 Million | €339.00 Million | €310.00 Million | ▼ -49.4% |
| 2014 | 3.78x | €386.00 Million | €102.00 Million | €284.00 Million | ▲ +98.6% |
| 2013 | 1.91x | €402.00 Million | €211.00 Million | €191.00 Million | — |