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). See Aena SA short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

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 cash flow to debt ratio of Aena SA to assess how comfortably operating cash covers total debt obligations.

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 Aena SA (AENA) total market value.

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).