GlaxoSmithKline PLC (GSK) — Free Cash Flow Generation Index
GlaxoSmithKline PLC (GSK) has a Free Cash Flow Generation Index of 0.60x as of September 2025. Free cash flow of GBX1.34 Billion represents 1% of operating cash flow (GBX2.22 Billion). Explore capital reinvestment ratio of GlaxoSmithKline PLC to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
GlaxoSmithKline PLC Free Cash Flow Generation Index (1990–2024)
Historical FCF Generation Index trend for GlaxoSmithKline PLC across 40 annual periods. For the full cash flow conversion analysis, see GlaxoSmithKline PLC (GSK) cash flow conversion.
Annual Free Cash Flow Generation for GlaxoSmithKline PLC (1990–2024)
Year-by-year Free Cash Flow Generation Index for GlaxoSmithKline PLC. Check GlaxoSmithKline PLC total reinvestment intensity 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 |
|---|---|---|---|---|---|
| 2024 | 0.55x | GBX3.57 Billion | GBX6.55 Billion | GBX2.98 Billion | ▼ -16.6% |
| 2023 | 0.65x | GBX4.42 Billion | GBX6.77 Billion | GBX2.34 Billion | ▼ -5.9% |
| 2022 | 0.69x | GBX5.14 Billion | GBX7.40 Billion | GBX2.26 Billion | ▲ +10.1% |
| 2021 | 0.63x | GBX5.02 Billion | GBX7.95 Billion | GBX2.93 Billion | ▼ -14.1% |
| 2020 | 0.73x | GBX6.20 Billion | GBX8.44 Billion | GBX2.24 Billion | ▲ +0.6% |
| 2019 | 0.73x | GBX5.86 Billion | GBX8.02 Billion | GBX2.16 Billion | ▼ -7.2% |
| 2018 | 0.79x | GBX6.62 Billion | GBX8.42 Billion | GBX1.80 Billion | ▲ +15.4% |
| 2017 | 0.68x | GBX4.72 Billion | GBX6.92 Billion | GBX2.20 Billion | ▲ +6.9% |
| 2016 | 0.64x | GBX4.14 Billion | GBX6.50 Billion | GBX2.35 Billion | ▲ +145.4% |
| 2015 | 0.26x | GBX668.00 Million | GBX2.57 Billion | GBX1.90 Billion | ▼ -60.7% |
| 2014 | 0.66x | GBX3.42 Billion | GBX5.18 Billion | GBX1.75 Billion | ▼ -13.4% |
| 2013 | 0.76x | GBX5.52 Billion | GBX7.22 Billion | GBX1.70 Billion | ▲ +17.1% |
| 2012 | 0.65x | GBX2.85 Billion | GBX4.38 Billion | GBX1.52 Billion | ▼ -17.1% |
| 2011 | 0.79x | GBX4.92 Billion | GBX6.25 Billion | GBX1.33 Billion | ▲ +3.7% |
| 2010 | 0.76x | GBX5.16 Billion | GBX6.80 Billion | GBX1.64 Billion | ▼ -0.2% |
| 2009 | 0.76x | GBX5.97 Billion | GBX7.84 Billion | GBX1.87 Billion | ▲ +6.2% |
| 2008 | 0.72x | GBX5.24 Billion | GBX7.31 Billion | GBX2.07 Billion | ▲ +13.8% |
| 2007 | 0.63x | GBX3.65 Billion | GBX5.79 Billion | GBX2.14 Billion | ▲ +5.3% |
| 2006 | 0.60x | GBX2.37 Billion | GBX3.96 Billion | GBX1.59 Billion | ▼ -24.1% |
| 2005 | 0.79x | GBX4.41 Billion | GBX5.59 Billion | GBX1.18 Billion | ▼ -16.7% |
| 2004 | 0.95x | GBX4.51 Billion | GBX4.77 Billion | GBX255.00 Million | ▲ +21.2% |
| 2003 | 0.78x | GBX3.79 Billion | GBX4.85 Billion | GBX1.06 Billion | ▲ +30.4% |
| 2002 | 0.60x | GBX1.83 Billion | GBX3.06 Billion | GBX1.23 Billion | ▼ -20.9% |
| 2001 | 0.76x | GBX3.49 Billion | GBX4.61 Billion | GBX1.12 Billion | ▲ +87.3% |
| 2000 | 0.40x | GBX749.00 Million | GBX1.85 Billion | GBX1.10 Billion | ▲ +337.1% |
| 1999 | -0.17x | GBX-87.00 Million | GBX510.00 Million | GBX597.00 Million | ▼ -7.6% |
| 1998 | -0.16x | GBX-65.00 Million | GBX410.00 Million | GBX475.00 Million | ▼ -148.8% |
| 1997 | 0.33x | GBX200.00 Million | GBX615.00 Million | GBX415.00 Million | ▼ -38.4% |
| 1996 | 0.53x | GBX448.00 Million | GBX849.00 Million | GBX401.00 Million | ▲ +16.3% |
| 1995 | 0.45x | GBX568.00 Million | GBX1.25 Billion | GBX684.00 Million | ▼ -43.4% |
| 1995 | 0.80x | GBX1.96 Billion | GBX2.45 Billion | GBX485.59 Million | ▲ +0.0% |
| 1994 | 0.80x | GBX1.96 Billion | GBX2.45 Billion | GBX485.59 Million | ▲ +76.6% |
| 1994 | 0.45x | GBX478.00 Million | GBX1.05 Billion | GBX575.00 Million | ▲ +0.0% |
| 1993 | 0.45x | GBX478.00 Million | GBX1.05 Billion | GBX575.00 Million | ▲ +31.9% |
| 1993 | 0.34x | GBX319.00 Million | GBX927.00 Million | GBX608.00 Million | ▲ +0.0% |
| 1992 | 0.34x | GBX319.00 Million | GBX927.00 Million | GBX608.00 Million | ▲ +258.9% |
| 1992 | 0.10x | GBX63.00 Million | GBX657.00 Million | GBX594.00 Million | ▲ +0.0% |
| 1991 | 0.10x | GBX63.00 Million | GBX657.00 Million | GBX594.00 Million | ▲ +555.3% |
| 1991 | 0.01x | GBX9.00 Million | GBX615.00 Million | GBX606.00 Million | ▲ +0.0% |
| 1990 | 0.01x | GBX9.00 Million | GBX615.00 Million | GBX606.00 Million | — |