Smith & Nephew PLC (SN) — Free Cash Flow Generation Index
Smith & Nephew PLC (SN) has a Free Cash Flow Generation Index of 0.67x as of December 2025. Free cash flow of GBX610.56 Million represents 1% of operating cash flow (GBX912.39 Million). See Smith & Nephew PLC current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Smith & Nephew PLC Free Cash Flow Generation Index (1991–2025)
Historical FCF Generation Index trend for Smith & Nephew PLC across 34 annual periods. Explore cash flow to debt ratio of Smith & Nephew PLC to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Smith & Nephew PLC (1991–2025)
Year-by-year Free Cash Flow Generation Index for Smith & Nephew PLC. For the full company profile including market capitalisation, see market cap of Smith & Nephew PLC.
| Year | FCG Index | Free Cash Flow (GBX) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.66x | GBX869.88 Million | GBX1.31 Billion | GBX442.08 Million | ▲ +8.0% |
| 2024 | 0.61x | GBX606.00 Million | GBX987.00 Million | GBX381.00 Million | ▲ +106.2% |
| 2023 | 0.30x | GBX181.00 Million | GBX608.00 Million | GBX427.00 Million | ▲ +26.7% |
| 2022 | 0.24x | GBX110.00 Million | GBX468.00 Million | GBX358.00 Million | ▼ -56.0% |
| 2021 | 0.53x | GBX469.00 Million | GBX877.00 Million | GBX408.00 Million | ▲ +1.6% |
| 2020 | 0.53x | GBX492.00 Million | GBX935.00 Million | GBX443.00 Million | ▼ -19.1% |
| 2019 | 0.65x | GBX760.00 Million | GBX1.17 Billion | GBX408.00 Million | ▲ +3.7% |
| 2018 | 0.63x | GBX584.00 Million | GBX931.00 Million | GBX347.00 Million | ▼ -4.2% |
| 2017 | 0.66x | GBX714.00 Million | GBX1.09 Billion | GBX376.00 Million | ▲ +21.7% |
| 2016 | 0.54x | GBX457.00 Million | GBX849.00 Million | GBX392.00 Million | ▼ -17.5% |
| 2015 | 0.65x | GBX672.00 Million | GBX1.03 Billion | GBX358.00 Million | ▲ +44.7% |
| 2014 | 0.45x | GBX308.00 Million | GBX683.00 Million | GBX375.00 Million | ▼ -25.8% |
| 2013 | 0.61x | GBX527.00 Million | GBX867.00 Million | GBX340.00 Million | ▼ -13.9% |
| 2012 | 0.71x | GBX637.00 Million | GBX902.00 Million | GBX265.00 Million | ▲ +14.1% |
| 2011 | 0.62x | GBX521.00 Million | GBX842.00 Million | GBX321.00 Million | ▼ -2.3% |
| 2010 | 0.63x | GBX544.00 Million | GBX859.00 Million | GBX315.00 Million | ▲ +13.6% |
| 2009 | 0.56x | GBX401.00 Million | GBX719.00 Million | GBX318.00 Million | ▲ +14.0% |
| 2008 | 0.49x | GBX277.00 Million | GBX566.00 Million | GBX289.00 Million | ▼ -9.8% |
| 2007 | 0.54x | GBX230.00 Million | GBX424.00 Million | GBX194.00 Million | ▲ +46.9% |
| 2006 | 0.37x | GBX130.00 Million | GBX352.00 Million | GBX222.00 Million | ▲ +60.0% |
| 2005 | 0.23x | GBX60.00 Million | GBX260.00 Million | GBX200.00 Million | ▼ -50.0% |
| 2004 | 0.46x | GBX167.73 Million | GBX363.28 Million | GBX195.55 Million | ▼ -12.7% |
| 2003 | 0.53x | GBX146.43 Million | GBX276.79 Million | GBX130.36 Million | ▲ +21.7% |
| 2002 | 0.43x | GBX105.55 Million | GBX242.85 Million | GBX137.30 Million | ▲ +76.0% |
| 2001 | 0.25x | GBX35.68 Million | GBX144.46 Million | GBX108.78 Million | ▲ +339.0% |
| 1999 | 0.06x | GBX6.47 Million | GBX115.02 Million | GBX108.55 Million | ▲ +205.5% |
| 1998 | 0.02x | GBX2.16 Million | GBX117.19 Million | GBX115.03 Million | ▲ +136.1% |
| 1997 | -0.05x | GBX-5.79 Million | GBX113.57 Million | GBX119.35 Million | ▼ -141.1% |
| 1996 | 0.12x | GBX17.64 Million | GBX142.14 Million | GBX124.50 Million | ▲ +125.2% |
| 1995 | -0.49x | GBX-35.69 Million | GBX72.47 Million | GBX108.16 Million | ▼ -432.4% |
| 1994 | 0.15x | GBX17.35 Million | GBX117.10 Million | GBX99.75 Million | ▲ +111.8% |
| 1993 | -1.26x | GBX-54.43 Million | GBX43.34 Million | GBX97.78 Million | ▼ -1566.3% |
| 1992 | 0.09x | GBX6.52 Million | GBX76.14 Million | GBX69.62 Million | ▼ -61.6% |
| 1991 | 0.22x | GBX23.76 Million | GBX106.47 Million | GBX82.71 Million | — |