Siemens Healthineers AG (SHL) — Free Cash Flow Generation Index

Latest as of June 2026: 0.83x

Siemens Healthineers AG (SHL) has a Free Cash Flow Generation Index of 0.83x as of June 2026. Free cash flow of €1.02 Billion represents 1% of operating cash flow (€1.23 Billion). Explore Siemens Healthineers AG capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

0.83x
Free Cash Flow / Operating CF

Free Cash Flow

€1.02 Billion
EUR

Operating Cash Flow

€1.23 Billion
EUR

Capital Expenditures

€210.00 Million
EUR

Siemens Healthineers AG Free Cash Flow Generation Index (2017–2024)

Historical FCF Generation Index trend for Siemens Healthineers AG across 8 annual periods. For the full cash flow conversion analysis, see SHL cash flow metrics.

Annual Free Cash Flow Generation for Siemens Healthineers AG (2017–2024)

Year-by-year Free Cash Flow Generation Index for Siemens Healthineers AG. Check SHL cash flow reinvestment rate 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
2024 0.75x €2.13 Billion €2.83 Billion €696.00 Million ▲ +24.7%
2023 0.60x €1.28 Billion €2.12 Billion €838.00 Million ▼ -8.4%
2022 0.66x €1.65 Billion €2.50 Billion €852.00 Million ▼ -14.3%
2021 0.77x €2.26 Billion €2.93 Billion €674.00 Million ▲ +8.3%
2020 0.71x €1.37 Billion €1.93 Billion €557.00 Million ▲ +10.8%
2019 0.64x €1.04 Billion €1.62 Billion €579.00 Million ▼ -3.9%
2018 0.67x €1.06 Billion €1.59 Billion €530.00 Million ▼ -12.6%
2017 0.76x €1.51 Billion €1.98 Billion €466.00 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).