SES S.A Free Cash Flow Generation Index
SES S.A free cash flow generation index. SES S.A (SES) has a Free Cash Flow Generation Index of 0.40x as of December 2025. Free cash flow of €360.00 Million represents 0% of operating cash flow (€908.00 Million). Check SES cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Free Cash Flow Generation Index of SES S.A (2016–2025)
Free cash flow generation index of SES S.A from 2016 to 2025. Historical FCF Generation Index trend for SES S.A across 10 annual periods. Explore SES S.A (SES) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.
SES S.A Free Cash Flow Generation Index by Year (2016–2025)
SES S.A free cash flow generation index by year from 2016 to 2025. Year-by-year Free Cash Flow Generation Index for SES S.A. For the full cash flow conversion analysis, see SES S.A operating cash flow efficiency.
| Year | FCG Index | Free Cash Flow (EUR) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.40x | €360.00 Million | €908.00 Million | €548.00 Million | ▼ -43.3% |
| 2024 | 0.70x | €703.00 Million | €1.01 Billion | €303.00 Million | ▼ -20.9% |
| 2023 | 0.88x | €3.07 Billion | €3.48 Billion | €405.00 Million | ▲ +969.0% |
| 2022 | 0.08x | €122.00 Million | €1.48 Billion | €1.31 Billion | ▼ -89.5% |
| 2021 | 0.78x | €1.01 Billion | €1.29 Billion | €243.00 Million | ▼ -2.0% |
| 2020 | 0.80x | €839.00 Million | €1.05 Billion | €171.00 Million | ▲ +9.4% |
| 2019 | 0.73x | €828.80 Million | €1.13 Billion | €279.00 Million | ▲ +0.9% |
| 2018 | 0.72x | €863.10 Million | €1.19 Billion | €290.80 Million | ▲ +17.7% |
| 2017 | 0.62x | €770.00 Million | €1.25 Billion | €446.10 Million | ▼ -58.6% |
| 2016 | 1.49x | €1.89 Billion | €1.27 Billion | €620.00 Million | — |