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). Explore Telefónica S.A capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

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. For the full cash flow conversion analysis, see cash efficiency ratio of Telefónica S.A.

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

Year-by-year Free Cash Flow Generation Index for Telefónica S.A. Check total reinvestment intensity of Telefónica S.A 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
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).