JSE Limited (JSE) — Free Cash Flow Generation Index
Latest as of December 2025:
0.95x
JSE Limited (JSE) has a Free Cash Flow Generation Index of 0.95x as of December 2025. Free cash flow of ZAC676.96 Million represents 1% of operating cash flow (ZAC710.78 Million). Explore JSE capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
0.95x
Free Cash Flow / Operating CF
Free Cash Flow
ZAC676.96 Million
ZAC
Operating Cash Flow
ZAC710.78 Million
ZAC
Capital Expenditures
ZAC33.82 Million
ZAC
JSE Limited Free Cash Flow Generation Index (2002–2025)
Historical FCF Generation Index trend for JSE Limited across 23 annual periods. For the full cash flow conversion analysis, see JSE cash flow conversion.
Annual Free Cash Flow Generation for JSE Limited (2002–2025)
Year-by-year Free Cash Flow Generation Index for JSE Limited. Check JSE cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (ZAC) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.97x | ZAC1.22 Billion | ZAC1.25 Billion | ZAC34.67 Million | ▲ +11.6% |
| 2024 | 0.87x | ZAC953.25 Million | ZAC1.09 Billion | ZAC141.18 Million | ▲ +2.2% |
| 2023 | 0.85x | ZAC964.20 Million | ZAC1.13 Billion | ZAC167.51 Million | ▲ +6.2% |
| 2022 | 0.80x | ZAC784.64 Million | ZAC977.75 Million | ZAC193.11 Million | ▼ -2.1% |
| 2021 | 0.82x | ZAC751.97 Million | ZAC917.25 Million | ZAC165.28 Million | ▲ +3.3% |
| 2020 | 0.79x | ZAC795.85 Million | ZAC1.00 Billion | ZAC206.91 Million | ▼ -9.9% |
| 2019 | 0.88x | ZAC775.34 Million | ZAC880.44 Million | ZAC105.10 Million | ▲ +8.8% |
| 2018 | 0.81x | ZAC739.01 Million | ZAC913.21 Million | ZAC174.21 Million | ▼ -0.6% |
| 2017 | 0.81x | ZAC794.62 Million | ZAC976.52 Million | ZAC181.90 Million | ▲ +2.4% |
| 2016 | 0.79x | ZAC775.54 Million | ZAC976.10 Million | ZAC200.57 Million | ▼ -0.4% |
| 2015 | 0.80x | ZAC708.94 Million | ZAC888.30 Million | ZAC179.36 Million | ▼ -4.9% |
| 2014 | 0.84x | ZAC686.85 Million | ZAC818.05 Million | ZAC131.20 Million | ▼ -4.7% |
| 2013 | 0.88x | ZAC604.14 Million | ZAC685.63 Million | ZAC81.50 Million | ▲ +14.3% |
| 2012 | 0.77x | ZAC332.56 Million | ZAC431.25 Million | ZAC98.69 Million | ▲ +61.6% |
| 2011 | 0.48x | ZAC263.49 Million | ZAC552.11 Million | ZAC288.62 Million | ▼ -23.8% |
| 2010 | 0.63x | ZAC263.15 Million | ZAC419.96 Million | ZAC156.81 Million | ▼ -6.6% |
| 2009 | 0.67x | ZAC237.75 Million | ZAC354.56 Million | ZAC116.81 Million | ▼ -1.6% |
| 2008 | 0.68x | ZAC333.48 Million | ZAC489.24 Million | ZAC155.76 Million | ▼ -24.9% |
| 2007 | 0.91x | ZAC298.46 Million | ZAC329.04 Million | ZAC30.58 Million | ▼ -5.1% |
| 2006 | 0.96x | ZAC221.92 Million | ZAC232.20 Million | ZAC10.28 Million | ▲ +369.9% |
| 2005 | 0.20x | ZAC16.66 Million | ZAC81.90 Million | ZAC65.25 Million | ▲ +791.1% |
| 2004 | -0.03x | ZAC-2.88 Million | ZAC97.69 Million | ZAC100.57 Million | ▼ -104.5% |
| 2002 | 0.65x | ZAC58.02 Million | ZAC89.01 Million | ZAC31.00 Million | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).