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). See AYGAZ current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

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 operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.

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 market cap overview.

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).