Nedbank Group Ltd (NED) — Free Cash Flow Generation Index
Nedbank Group Ltd (NED) has a Free Cash Flow Generation Index of 1.03x as of December 2025. Free cash flow of ZAC10.84 Billion represents 1% of operating cash flow (ZAC10.48 Billion). See Nedbank Group Ltd (NED) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Nedbank Group Ltd Free Cash Flow Generation Index (2002–2025)
Historical FCF Generation Index trend for Nedbank Group Ltd across 21 annual periods. Explore NED operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Nedbank Group Ltd (2002–2025)
Year-by-year Free Cash Flow Generation Index for Nedbank Group Ltd. For the full company profile including market capitalisation, see Nedbank Group Ltd (NED) market capitalisation.
| Year | FCG Index | Free Cash Flow (ZAC) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.89x | ZAC22.72 Billion | ZAC25.52 Billion | ZAC2.81 Billion | ▲ +18.0% |
| 2024 | 0.75x | ZAC14.19 Billion | ZAC18.81 Billion | ZAC4.62 Billion | ▼ -9.3% |
| 2022 | 0.83x | ZAC15.68 Billion | ZAC18.85 Billion | ZAC3.18 Billion | ▲ +16.2% |
| 2021 | 0.72x | ZAC8.68 Billion | ZAC12.14 Billion | ZAC3.46 Billion | ▲ +5.7% |
| 2020 | 0.68x | ZAC9.02 Billion | ZAC13.33 Billion | ZAC4.31 Billion | ▼ -0.9% |
| 2019 | 0.68x | ZAC10.09 Billion | ZAC14.78 Billion | ZAC4.69 Billion | ▲ +19.4% |
| 2018 | 0.57x | ZAC5.67 Billion | ZAC9.92 Billion | ZAC4.25 Billion | ▲ +2261.4% |
| 2017 | -0.03x | ZAC-85.00 Million | ZAC3.21 Billion | ZAC3.30 Billion | ▼ -125.6% |
| 2016 | 0.10x | ZAC443.00 Million | ZAC4.29 Billion | ZAC3.85 Billion | ▼ -71.0% |
| 2015 | 0.36x | ZAC1.59 Billion | ZAC4.45 Billion | ZAC2.87 Billion | ▼ -37.9% |
| 2014 | 0.57x | ZAC3.33 Billion | ZAC5.82 Billion | ZAC2.48 Billion | ▼ -42.7% |
| 2013 | 1.00x | ZAC12.16 Billion | ZAC12.16 Billion | ZAC2.87 Billion | ▲ +24.3% |
| 2012 | 0.80x | ZAC7.20 Billion | ZAC8.94 Billion | ZAC1.75 Billion | ▼ -0.5% |
| 2011 | 0.81x | ZAC7.17 Billion | ZAC8.86 Billion | ZAC1.70 Billion | ▲ +114.5% |
| 2010 | -5.59x | ZAC-1.70 Billion | ZAC304.00 Million | ZAC2.00 Billion | ▼ -9058.2% |
| 2008 | 0.06x | ZAC103.00 Million | ZAC1.65 Billion | ZAC1.55 Billion | ▼ -91.8% |
| 2006 | 0.76x | ZAC3.51 Billion | ZAC4.61 Billion | ZAC1.10 Billion | ▼ -16.0% |
| 2005 | 0.91x | ZAC7.32 Billion | ZAC8.07 Billion | ZAC750.00 Million | ▼ -89.7% |
| 2004 | 8.77x | ZAC16.80 Billion | ZAC1.91 Billion | ZAC948.00 Million | ▲ +823.7% |
| 2003 | 0.95x | ZAC19.12 Billion | ZAC20.13 Billion | ZAC1.01 Billion | ▲ +5.9% |
| 2002 | 0.90x | ZAC16.95 Billion | ZAC18.89 Billion | ZAC1.94 Billion | — |