Rheinmetall AG (RHM) — Free Cash Flow Generation Index

Latest as of December 2025: 0.89x

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). See working capital position of Rheinmetall AG to evaluate short-term liquidity relative to the company's equity base.

FCF Generation Index

0.89x
Free Cash Flow / Operating CF

Free Cash Flow

€2.23 Billion
EUR

Operating Cash Flow

€2.50 Billion
EUR

Capital Expenditures

€274.00 Million
EUR

Rheinmetall AG Free Cash Flow Generation Index (2013–2025)

Historical FCF Generation Index trend for Rheinmetall AG across 13 annual periods. Explore Rheinmetall AG cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Annual Free Cash Flow Generation for Rheinmetall AG (2013–2025)

Year-by-year Free Cash Flow Generation Index for Rheinmetall AG. For the full company profile including market capitalisation, see market value of Rheinmetall AG.

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 —
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).