Fortum Oyj (FORTUM) — Free Cash Flow Generation Index

Latest as of December 2025: -1.98x

Fortum Oyj (FORTUM) has a Free Cash Flow Generation Index of -1.98x as of December 2025. Free cash flow of €-105.00 Million represents -2% of operating cash flow (€53.00 Million). Read Fortum Oyj total liabilities for a breakdown of total debt and financial obligations.

FCF Generation Index

-1.98x
Free Cash Flow / Operating CF

Free Cash Flow

€-105.00 Million
EUR

Operating Cash Flow

€53.00 Million
EUR

Capital Expenditures

€158.00 Million
EUR

Fortum Oyj Free Cash Flow Generation Index (1998–2025)

Historical FCF Generation Index trend for Fortum Oyj across 27 annual periods. Explore capital reinvestment ratio of Fortum Oyj to see what proportion of operating cash flow is directed to capital expenditures.

Annual Free Cash Flow Generation for Fortum Oyj (1998–2025)

Year-by-year Free Cash Flow Generation Index for Fortum Oyj. For the full company profile including market capitalisation, see FORTUM market cap overview.

Year FCG Index Free Cash Flow (EUR) Operating CF Capital Expenditures YoY Change
2025 0.41x €341.00 Million €840.00 Million €499.00 Million ▼ -38.6%
2024 0.66x €920.00 Million €1.39 Billion €472.00 Million ▼ -3.3%
2023 0.68x €1.24 Billion €1.82 Billion €576.00 Million ▼ -10.4%
2021 0.76x €3.79 Billion €4.97 Billion €1.18 Billion ▲ +34.1%
2020 0.57x €1.45 Billion €2.56 Billion €1.10 Billion ▼ -13.1%
2019 0.66x €1.32 Billion €2.02 Billion €695.00 Million ▲ +134.1%
2018 0.28x €225.00 Million €804.00 Million €579.00 Million ▼ -17.3%
2017 0.34x €336.00 Million €993.00 Million €657.00 Million ▲ +855.1%
2016 0.04x €22.00 Million €621.00 Million €599.00 Million ▼ -94.3%
2015 0.62x €854.00 Million €1.38 Billion €527.00 Million ▲ +9.6%
2014 0.56x €994.00 Million €1.76 Billion €768.00 Million ▲ +83.3%
2013 0.31x €565.00 Million €1.84 Billion €1.27 Billion ▲ +1163.2%
2012 -0.03x €-40.00 Million €1.38 Billion €1.42 Billion ▼ -114.2%
2011 0.20x €328.00 Million €1.61 Billion €1.28 Billion ▼ -3.6%
2010 0.21x €303.00 Million €1.44 Billion €1.13 Billion ▼ -66.4%
2009 0.63x €1.42 Billion €2.26 Billion €845.00 Million ▲ +27.5%
2008 0.49x €984.00 Million €2.00 Billion €1.02 Billion ▼ -23.9%
2007 0.65x €1.08 Billion €1.67 Billion €592.00 Million ▲ +11.6%
2006 0.58x €666.00 Million €1.15 Billion €485.00 Million ▼ -23.2%
2005 0.75x €1.06 Billion €1.40 Billion €346.00 Million ▲ +20.1%
2004 0.63x €1.10 Billion €1.75 Billion €651.00 Million ▼ -3.6%
2003 0.65x €1.03 Billion €1.58 Billion €550.00 Million ▲ +25.3%
2002 0.52x €702.00 Million €1.35 Billion €649.00 Million ▲ +21.9%
2001 0.43x €488.00 Million €1.15 Billion €657.00 Million ▲ +161.9%
2000 -0.69x €-292.00 Million €424.00 Million €716.00 Million ▼ -43.5%
1999 -0.48x €-237.00 Million €494.00 Million €731.00 Million ▼ -304.9%
1998 0.23x €195.00 Million €833.00 Million €638.00 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).