Telefónica S.A (TNE2) — Free Cash Flow Generation Index

Latest as of September 2023: 0.50x

Telefónica S.A (TNE2) has a Free Cash Flow Generation Index of 0.50x as of September 2023. Free cash flow of €1.48 Billion represents 1% of operating cash flow (€2.95 Billion). See Telefónica S.A (TNE2) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

FCF Generation Index

0.50x
Free Cash Flow / Operating CF

Free Cash Flow

€1.48 Billion
EUR

Operating Cash Flow

€2.95 Billion
EUR

Capital Expenditures

€1.36 Billion
EUR

Telefónica S.A Free Cash Flow Generation Index (2016–2022)

Historical FCF Generation Index trend for Telefónica S.A across 7 annual periods. Explore Telefónica S.A (TNE2) cash flow to debt to assess how comfortably operating cash covers total debt obligations.

Annual Free Cash Flow Generation for Telefónica S.A (2016–2022)

Year-by-year Free Cash Flow Generation Index for Telefónica S.A. For the full company profile including market capitalisation, see market cap of Telefónica S.A.

Year FCG Index Free Cash Flow (EUR) Operating CF Capital Expenditures YoY Change
2022 0.53x €6.25 Billion €11.76 Billion €6.35 Billion ▲ +33.0%
2021 0.40x €4.10 Billion €10.27 Billion €6.73 Billion ▼ -14.6%
2020 0.47x €6.18 Billion €13.20 Billion €7.53 Billion ▼ -4.5%
2019 0.49x €7.36 Billion €15.02 Billion €8.41 Billion ▲ +36.0%
2018 0.36x €4.84 Billion €13.42 Billion €8.78 Billion ▲ +3.5%
2017 0.35x €4.80 Billion €13.80 Billion €9.14 Billion ▼ -79.4%
2016 1.69x €22.52 Billion €13.34 Billion €9.19 Billion
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).