Aena SA (AENA) — Free Cash Flow Generation Index

Latest as of March 2026: 0.67x

Aena SA (AENA) has a Free Cash Flow Generation Index of 0.67x as of March 2026. Free cash flow of €609.52 Million represents 1% of operating cash flow (€908.40 Million). Read Aena SA (AENA) total liabilities for a breakdown of total debt and financial obligations.

FCF Generation Index

0.67x
Free Cash Flow / Operating CF

Free Cash Flow

€609.52 Million
EUR

Operating Cash Flow

€908.40 Million
EUR

Capital Expenditures

€298.88 Million
EUR

Aena SA Free Cash Flow Generation Index (2011–2025)

Historical FCF Generation Index trend for Aena SA across 15 annual periods. Explore AENA capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.

Annual Free Cash Flow Generation for Aena SA (2011–2025)

Year-by-year Free Cash Flow Generation Index for Aena SA. For the full company profile including market capitalisation, see how much is Aena SA worth.

Year FCG Index Free Cash Flow (EUR) Operating CF Capital Expenditures YoY Change
2025 0.75x €2.10 Billion €2.83 Billion €720.28 Million ▲ +6.5%
2024 0.70x €1.92 Billion €2.75 Billion €825.18 Million ▼ -7.3%
2023 0.75x €1.67 Billion €2.22 Billion €545.02 Million ▲ +23.8%
2022 0.61x €1.14 Billion €1.86 Billion €727.69 Million ▲ +143.8%
2021 -1.39x €-390.61 Million €280.47 Million €671.08 Million ▲ +42.9%
2020 -2.44x €-356.88 Million €146.24 Million €503.12 Million ▼ -573.5%
2019 0.52x €1.09 Billion €2.11 Billion €1.02 Billion ▼ -29.7%
2018 0.73x €1.43 Billion €1.95 Billion €520.19 Million ▼ -10.2%
2017 0.82x €1.64 Billion €2.01 Billion €370.41 Million ▼ -2.2%
2016 0.83x €1.53 Billion €1.83 Billion €304.04 Million ▼ -1.1%
2015 0.84x €1.37 Billion €1.63 Billion €254.66 Million ▲ +10.3%
2014 0.77x €1.03 Billion €1.35 Billion €316.09 Million ▲ +30.0%
2013 0.59x €704.70 Million €1.20 Billion €492.21 Million ▲ +483.1%
2012 -0.15x €-108.58 Million €706.41 Million €814.98 Million ▼ -248.5%
2011 0.10x €68.31 Million €659.95 Million €591.64 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).