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). Read NED current and long-term liabilities for a breakdown of total debt and financial obligations.
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 capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
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 market value of Nedbank Group Ltd.
| 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 | — |