GlaxoSmithKline PLC (GSK) — Free Cash Flow Generation Index
Latest as of September 2025:
0.60x
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). See how liquid is GlaxoSmithKline PLC's working capital to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
0.60x
Free Cash Flow / Operating CF
Free Cash Flow
GBX1.34 Billion
GBX
Operating Cash Flow
GBX2.22 Billion
GBX
Capital Expenditures
GBX879.00 Million
GBX
GlaxoSmithKline PLC Free Cash Flow Generation Index (1990–2024)
Historical FCF Generation Index trend for GlaxoSmithKline PLC across 40 annual periods. Explore GlaxoSmithKline PLC debt service capacity to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for GlaxoSmithKline PLC (1990–2024)
Year-by-year Free Cash Flow Generation Index for GlaxoSmithKline PLC. For the full company profile including market capitalisation, see GSK market cap overview.
| 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 | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).