Compagnie Generale des Etablissements Michelin SCA (0OFM) — Free Cash Flow Generation Index

Latest as of December 2021: 1.44x

Compagnie Generale des Etablissements Michelin SCA (0OFM) has a Free Cash Flow Generation Index of 1.44x as of December 2021. Free cash flow of €1.37 Billion represents 1% of operating cash flow (€951.00 Million). Explore 0OFM capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

1.44x
Free Cash Flow / Operating CF

Free Cash Flow

€1.37 Billion
EUR

Operating Cash Flow

€951.00 Million
EUR

Capital Expenditures

€420.00 Million
EUR

Compagnie Generale des Etablissements Michelin SCA Free Cash Flow Generation Index (2016–2021)

Historical FCF Generation Index trend for Compagnie Generale des Etablissements Michelin SCA across 6 annual periods. For the full cash flow conversion analysis, see Compagnie Generale des Etablissements Mi (0OFM) cash conversion ratio.

Annual Free Cash Flow Generation for Compagnie Generale des Etablissements Michelin SCA (2016–2021)

Year-by-year Free Cash Flow Generation Index for Compagnie Generale des Etablissements Michelin SCA. Check Compagnie Generale des Etablissements Mi cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (EUR) Operating CF Capital Expenditures YoY Change
2021 1.51x €4.40 Billion €2.91 Billion €1.49 Billion ▲ +11.7%
2020 1.36x €4.56 Billion €3.37 Billion €1.20 Billion ▼ -8.4%
2019 1.48x €4.92 Billion €3.32 Billion €1.59 Billion ▼ -4.0%
2018 1.54x €4.37 Billion €2.83 Billion €1.53 Billion ▼ -6.3%
2017 1.65x €4.51 Billion €2.74 Billion €1.77 Billion ▼ -0.5%
2016 1.65x €4.58 Billion €2.77 Billion €1.81 Billion
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).