Smith & Nephew PLC (SN) — Free Cash Flow Generation Index
Smith & Nephew PLC (SN) has a Free Cash Flow Generation Index of 0.58x as of June 2026. Free cash flow of GBX257.87 Million represents 1% of operating cash flow (GBX446.31 Million). Explore SN capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
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. For the full cash flow conversion analysis, see how efficiently does Smith & Nephew PLC generate cash.
Annual Free Cash Flow Generation for Smith & Nephew PLC (1991–2025)
Year-by-year Free Cash Flow Generation Index for Smith & Nephew PLC. Check SN cash reinvestment to operating cash ratio 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 | 0.66x | 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 | — |