Ferrovial S.A. (FER) — Free Cash Flow Generation Index

Latest as of December 2025: 0.94x

Ferrovial S.A. (FER) has a Free Cash Flow Generation Index of 0.94x as of December 2025. Free cash flow of €1.33 Billion represents 1% of operating cash flow (€1.42 Billion). Read Ferrovial S.A. balance sheet liabilities for a breakdown of total debt and financial obligations.

FCF Generation Index

0.94x
Free Cash Flow / Operating CF

Free Cash Flow

€1.33 Billion
EUR

Operating Cash Flow

€1.42 Billion
EUR

Capital Expenditures

€85.00 Million
EUR

Ferrovial S.A. Free Cash Flow Generation Index (2004–2025)

Historical FCF Generation Index trend for Ferrovial S.A. across 22 annual periods. Explore FER capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.

Annual Free Cash Flow Generation for Ferrovial S.A. (2004–2025)

Year-by-year Free Cash Flow Generation Index for Ferrovial S.A.. For the full company profile including market capitalisation, see FER stock market capitalisation.

Year FCG Index Free Cash Flow (EUR) Operating CF Capital Expenditures YoY Change
2025 0.88x €1.43 Billion €1.61 Billion €187.00 Million ▲ +7.1%
2024 0.83x €1.07 Billion €1.29 Billion €226.00 Million ▼ -11.4%
2023 0.93x €1.18 Billion €1.26 Billion €86.00 Million ▲ +3.0%
2022 0.91x €907.00 Million €1.00 Billion €95.00 Million ▲ +6.9%
2021 0.85x €686.00 Million €810.00 Million €124.00 Million ▼ -5.3%
2020 0.89x €977.00 Million €1.09 Billion €116.00 Million ▲ +7.9%
2019 0.83x €976.00 Million €1.18 Billion €202.00 Million ▲ +5.6%
2018 0.78x €663.00 Million €845.00 Million €182.00 Million ▼ -12.3%
2017 0.89x €1.15 Billion €1.28 Billion €135.00 Million ▲ +5.4%
2016 0.85x €995.00 Million €1.17 Billion €177.00 Million ▲ +0.7%
2015 0.84x €953.00 Million €1.13 Billion €177.00 Million ▼ -8.3%
2014 0.92x €1.31 Billion €1.43 Billion €115.00 Million ▼ -0.7%
2013 0.93x €1.20 Billion €1.30 Billion €96.00 Million ▲ +2.9%
2012 0.90x €1.06 Billion €1.18 Billion €118.00 Million ▲ +4.0%
2011 0.87x €616.00 Million €712.00 Million €96.00 Million ▼ -8.9%
2010 0.95x €2.38 Billion €2.50 Billion €127.00 Million ▲ +3.3%
2009 0.92x €2.33 Billion €2.53 Billion €205.00 Million ▲ +8.3%
2008 0.85x €2.28 Billion €2.68 Billion €406.00 Million ▼ -6.5%
2007 0.91x €2.44 Billion €2.69 Billion €249.00 Million ▲ +1.8%
2006 0.89x €1.76 Billion €1.98 Billion €215.00 Million ▼ -16.1%
2005 1.06x €434.55 Million €409.09 Million €25.45 Million ▲ +8.3%
2004 0.98x €107.79 Million €109.88 Million €2.09 Million —
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).