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). Explore how much does Nedbank Group Ltd reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.
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. For the full cash flow conversion analysis, see NED cash flow metrics.
Annual Free Cash Flow Generation for Nedbank Group Ltd (2002–2025)
Year-by-year Free Cash Flow Generation Index for Nedbank Group Ltd. Check Nedbank Group Ltd total reinvestment intensity 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 | 0.89x | 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 | — |