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). Explore Airtel Africa Plc capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.
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. For the full cash flow conversion analysis, see AAF cash generation efficiency.
Annual Free Cash Flow Generation for Airtel Africa Plc (2017–2025)
Year-by-year Free Cash Flow Generation Index for Airtel Africa Plc. Check Airtel Africa Plc cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
| 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 | — |