Aygaz AS (AYGAZ) — Free Cash Flow Generation Index
Latest as of December 2025:
-1.58x
Aygaz AS (AYGAZ) has a Free Cash Flow Generation Index of -1.58x as of December 2025. Free cash flow of TL-320.99 Million represents -2% of operating cash flow (TL202.57 Million). Read Aygaz AS (AYGAZ) financial obligations for a breakdown of total debt and financial obligations.
FCF Generation Index
-1.58x
Free Cash Flow / Operating CF
Free Cash Flow
TL-320.99 Million
TRY
Operating Cash Flow
TL202.57 Million
TRY
Capital Expenditures
TL523.56 Million
TRY
Aygaz AS Free Cash Flow Generation Index (2003–2025)
Historical FCF Generation Index trend for Aygaz AS across 22 annual periods. Explore Aygaz AS capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Aygaz AS (2003–2025)
Year-by-year Free Cash Flow Generation Index for Aygaz AS. For the full company profile including market capitalisation, see AYGAZ company net worth.
| Year | FCG Index | Free Cash Flow (TRY) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.26x | TL560.55 Million | TL2.18 Billion | TL1.62 Billion | ▲ +103.9% |
| 2024 | -6.65x | TL-3.54 Billion | TL532.90 Million | TL4.07 Billion | ▼ -1210.8% |
| 2023 | 0.60x | TL1.66 Billion | TL2.77 Billion | TL1.11 Billion | ▲ +320.5% |
| 2021 | 0.14x | TL33.44 Million | TL235.01 Million | TL189.06 Million | ▼ -79.1% |
| 2020 | 0.68x | TL187.92 Million | TL276.50 Million | TL85.89 Million | ▼ -12.7% |
| 2019 | 0.78x | TL449.63 Million | TL577.71 Million | TL120.72 Million | ▲ +44.5% |
| 2018 | 0.54x | TL125.60 Million | TL233.28 Million | TL104.00 Million | ▼ -3.1% |
| 2017 | 0.56x | TL139.55 Million | TL251.24 Million | TL110.53 Million | ▼ -52.5% |
| 2016 | 1.17x | TL681.28 Million | TL582.38 Million | TL98.90 Million | ▼ -14.0% |
| 2015 | 1.36x | TL325.72 Million | TL239.43 Million | TL86.29 Million | ▲ +5.8% |
| 2014 | 1.29x | TL365.96 Million | TL284.63 Million | TL81.33 Million | ▼ -3.0% |
| 2013 | 1.33x | TL311.56 Million | TL235.08 Million | TL76.48 Million | ▼ -16.6% |
| 2012 | 1.59x | TL258.31 Million | TL162.61 Million | TL95.70 Million | ▼ -40.9% |
| 2011 | 2.69x | TL265.95 Million | TL98.95 Million | TL167.00 Million | ▲ +123.2% |
| 2010 | 1.20x | TL467.84 Million | TL388.44 Million | TL79.40 Million | ▼ -44.7% |
| 2009 | 2.18x | TL233.56 Million | TL107.21 Million | TL126.35 Million | ▲ +82.3% |
| 2008 | 1.20x | TL449.99 Million | TL376.52 Million | TL73.47 Million | ▼ -8.0% |
| 2007 | 1.30x | TL379.25 Million | TL292.05 Million | TL87.20 Million | ▼ -44.2% |
| 2006 | 2.33x | TL276.10 Million | TL118.56 Million | TL157.53 Million | ▲ +13.7% |
| 2005 | 2.05x | TL279.82 Million | TL136.65 Million | TL143.17 Million | ▼ -46.3% |
| 2004 | 3.81x | TL156.06 Million | TL40.93 Million | TL115.12 Million | ▼ -31.3% |
| 2003 | 5.55x | TL93.19 Trillion | TL16.79 Trillion | TL76.40 Trillion | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).