Airtel Africa Plc (AAF) — Free Cash Flow Generation Index
Airtel Africa Plc (AAF) has a Free Cash Flow Generation Index of 0.74x as of December 2025. Free cash flow of GBX682.00 Million represents 1% of operating cash flow (GBX918.00 Million). Read Airtel Africa Plc balance sheet liabilities for a breakdown of total debt and financial obligations.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Airtel Africa Plc Free Cash Flow Generation Index (2017–2025)
Historical FCF Generation Index trend for Airtel Africa Plc across 9 annual periods. Explore Airtel Africa Plc (AAF) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Airtel Africa Plc (2017–2025)
Year-by-year Free Cash Flow Generation Index for Airtel Africa Plc. For the full company profile including market capitalisation, see Airtel Africa Plc market capitalisation.
| Year | FCG Index | Free Cash Flow (GBX) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.62x | GBX1.41 Billion | GBX2.27 Billion | GBX859.00 Million | ▲ +14.0% |
| 2024 | 0.54x | GBX1.23 Billion | GBX2.26 Billion | GBX1.03 Billion | ▲ +29.7% |
| 2023 | 0.42x | GBX927.00 Million | GBX2.21 Billion | GBX1.28 Billion | ▼ -33.6% |
| 2022 | 0.63x | GBX1.27 Billion | GBX2.01 Billion | GBX739.00 Million | ▲ +40.3% |
| 2021 | 0.45x | GBX751.00 Million | GBX1.67 Billion | GBX915.00 Million | ▲ +8.5% |
| 2020 | 0.42x | GBX576.00 Million | GBX1.39 Billion | GBX811.00 Million | ▲ +26.9% |
| 2019 | 0.33x | GBX337.00 Million | GBX1.03 Billion | GBX693.00 Million | ▼ -43.9% |
| 2018 | 0.58x | GBX485.00 Million | GBX831.00 Million | GBX346.00 Million | ▲ +260.6% |
| 2017 | -0.36x | GBX-153.00 Million | GBX421.00 Million | GBX574.00 Million | — |