Vodafone Group PLC (VOD) — Free Cash Flow Generation Index
Vodafone Group PLC (VOD) has a Free Cash Flow Generation Index of 0.72x as of March 2026. Free cash flow of GBX6.42 Billion represents 1% of operating cash flow (GBX8.88 Billion). Read Vodafone Group PLC balance sheet liabilities for a breakdown of total debt and financial obligations.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Vodafone Group PLC Free Cash Flow Generation Index (1991–2026)
Historical FCF Generation Index trend for Vodafone Group PLC across 36 annual periods. Explore reinvestment intensity of Vodafone Group PLC to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Vodafone Group PLC (1991–2026)
Year-by-year Free Cash Flow Generation Index for Vodafone Group PLC. For the full company profile including market capitalisation, see VOD market cap.
| Year | FCG Index | Free Cash Flow (GBX) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2026 | 0.64x | GBX8.45 Billion | GBX13.27 Billion | GBX4.82 Billion | ▲ +12.8% |
| 2025 | 0.56x | GBX8.67 Billion | GBX15.37 Billion | GBX6.70 Billion | ▼ -3.7% |
| 2024 | 0.59x | GBX9.70 Billion | GBX16.56 Billion | GBX6.86 Billion | ▲ +19.6% |
| 2023 | 0.49x | GBX8.84 Billion | GBX18.05 Billion | GBX9.21 Billion | ▼ -1.8% |
| 2022 | 0.50x | GBX9.02 Billion | GBX18.08 Billion | GBX9.06 Billion | ▲ +0.2% |
| 2021 | 0.50x | GBX8.57 Billion | GBX17.21 Billion | GBX8.64 Billion | ▼ -11.4% |
| 2020 | 0.56x | GBX9.77 Billion | GBX17.38 Billion | GBX7.61 Billion | ▼ -7.9% |
| 2019 | 0.61x | GBX7.93 Billion | GBX12.98 Billion | GBX5.05 Billion | ▼ -4.3% |
| 2018 | 0.64x | GBX8.68 Billion | GBX13.60 Billion | GBX4.92 Billion | ▲ +14.4% |
| 2017 | 0.56x | GBX7.94 Billion | GBX14.22 Billion | GBX6.29 Billion | ▲ +526.0% |
| 2016 | -0.13x | GBX-1.74 Billion | GBX13.29 Billion | GBX15.03 Billion | ▼ -253.0% |
| 2015 | 0.09x | GBX1.14 Billion | GBX13.28 Billion | GBX12.15 Billion | ▼ -70.9% |
| 2014 | 0.29x | GBX2.21 Billion | GBX7.53 Billion | GBX5.32 Billion | ▲ +57.9% |
| 2013 | 0.19x | GBX2.36 Billion | GBX12.69 Billion | GBX10.32 Billion | ▼ -55.9% |
| 2012 | 0.42x | GBX5.22 Billion | GBX12.36 Billion | GBX7.14 Billion | ▲ +51.0% |
| 2011 | 0.28x | GBX3.82 Billion | GBX13.65 Billion | GBX9.83 Billion | ▼ -40.0% |
| 2010 | 0.47x | GBX6.84 Billion | GBX14.67 Billion | GBX7.83 Billion | ▲ +30.2% |
| 2009 | 0.36x | GBX4.19 Billion | GBX11.72 Billion | GBX7.52 Billion | ▼ -31.7% |
| 2008 | 0.52x | GBX6.50 Billion | GBX12.41 Billion | GBX5.90 Billion | ▼ -5.1% |
| 2007 | 0.55x | GBX8.24 Billion | GBX14.92 Billion | GBX6.68 Billion | ▲ +3.3% |
| 2006 | 0.53x | GBX8.53 Billion | GBX15.95 Billion | GBX7.41 Billion | ▼ -9.4% |
| 2005 | 0.59x | GBX10.46 Billion | GBX17.71 Billion | GBX7.26 Billion | ▼ -8.9% |
| 2004 | 0.65x | GBX12.50 Billion | GBX19.29 Billion | GBX6.78 Billion | ▲ +34.1% |
| 2003 | 0.48x | GBX7.31 Billion | GBX15.12 Billion | GBX7.81 Billion | ▼ -1.0% |
| 2002 | 0.49x | GBX6.47 Billion | GBX13.25 Billion | GBX6.78 Billion | ▲ +108.6% |
| 2001 | -5.65x | GBX-23.17 Billion | GBX4.10 Billion | GBX27.28 Billion | ▼ -4142.0% |
| 2000 | -0.13x | GBX-398.42 Million | GBX2.99 Billion | GBX3.39 Billion | ▲ +21.3% |
| 1999 | -0.17x | GBX-163.39 Million | GBX965.37 Million | GBX1.13 Billion | ▼ -322.6% |
| 1998 | 0.08x | GBX66.00 Million | GBX867.93 Million | GBX801.93 Million | ▲ +172.0% |
| 1997 | 0.03x | GBX14.26 Million | GBX510.11 Million | GBX495.85 Million | ▼ -72.9% |
| 1996 | 0.10x | GBX49.57 Million | GBX481.38 Million | GBX431.81 Million | ▲ +5.2% |
| 1995 | 0.10x | GBX24.88 Million | GBX254.21 Million | GBX229.32 Million | ▼ -69.6% |
| 1994 | 0.32x | GBX99.35 Million | GBX308.74 Million | GBX209.39 Million | ▼ -31.7% |
| 1993 | 0.47x | GBX155.50 Million | GBX330.05 Million | GBX174.55 Million | ▼ -19.2% |
| 1992 | 0.58x | GBX120.63 Million | GBX206.93 Million | GBX86.30 Million | ▲ +580.0% |
| 1991 | -0.12x | GBX-23.27 Million | GBX191.61 Million | GBX214.87 Million | — |