Telefonica Free Cash Flow Generation Index
Telefonica free cash flow generation index. Telefonica (TEF) has a Free Cash Flow Generation Index of 0.38x as of June 2026. Free cash flow of €803.00 Million represents 0% of operating cash flow (€2.12 Billion). Check Telefonica asset resilience ratio to evaluate the company's liquid asset resilience ratio.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Free Cash Flow Generation Index of Telefonica (1989–2025)
Free cash flow generation index of Telefonica from 1989 to 2025. Historical FCF Generation Index trend for Telefonica across 30 annual periods. Explore how much does Telefonica reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.
Telefonica Free Cash Flow Generation Index by Year (1989–2025)
Telefonica free cash flow generation index by year from 1989 to 2025. Year-by-year Free Cash Flow Generation Index for Telefonica. For the full cash flow conversion analysis, see Telefonica cash conversion from operations.
| Year | FCG Index | Free Cash Flow (EUR) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.48x | €4.67 Billion | €9.72 Billion | €5.05 Billion | ▲ +1.4% |
| 2024 | 0.47x | €5.20 Billion | €10.99 Billion | €5.79 Billion | ▲ +0.5% |
| 2023 | 0.47x | €5.49 Billion | €11.65 Billion | €6.16 Billion | ▼ -3.9% |
| 2022 | 0.49x | €5.30 Billion | €10.81 Billion | €5.51 Billion | ▲ +22.7% |
| 2021 | 0.40x | €4.10 Billion | €10.27 Billion | €6.16 Billion | ▼ -14.6% |
| 2020 | 0.47x | €6.18 Billion | €13.20 Billion | €7.02 Billion | ▲ +6.5% |
| 2019 | 0.44x | €6.59 Billion | €15.01 Billion | €8.41 Billion | ▲ +29.1% |
| 2018 | 0.34x | €4.53 Billion | €13.31 Billion | €8.78 Billion | ▼ -2.2% |
| 2017 | 0.35x | €4.80 Billion | €13.79 Billion | €8.99 Billion | ▲ +11.4% |
| 2016 | 0.31x | €4.18 Billion | €13.36 Billion | €9.19 Billion | ▲ +1.3% |
| 2015 | 0.31x | €4.20 Billion | €13.60 Billion | €9.40 Billion | ▲ +26.5% |
| 2014 | 0.24x | €2.97 Billion | €12.18 Billion | €9.21 Billion | ▼ -23.2% |
| 2013 | 0.32x | €4.51 Billion | €14.18 Billion | €9.67 Billion | ▼ -15.6% |
| 2012 | 0.38x | €5.73 Billion | €15.21 Billion | €9.48 Billion | ▼ -21.6% |
| 2011 | 0.48x | €8.40 Billion | €17.48 Billion | €9.09 Billion | ▲ +3.6% |
| 2010 | 0.46x | €7.73 Billion | €16.67 Billion | €8.94 Billion | ▼ -12.5% |
| 2009 | 0.53x | €8.55 Billion | €16.15 Billion | €7.59 Billion | ▲ +2.2% |
| 2008 | 0.52x | €8.49 Billion | €16.38 Billion | €7.89 Billion | ▼ -2.6% |
| 2007 | 0.53x | €8.28 Billion | €15.55 Billion | €7.27 Billion | ▼ -3.3% |
| 2006 | 0.55x | €8.48 Billion | €15.41 Billion | €6.93 Billion | ▼ -45.0% |
| 2005 | 1.00x | €11.13 Billion | €11.13 Billion | €4.42 Billion | ▲ +0.0% |
| 2004 | 1.00x | €10.18 Billion | €10.18 Billion | €3.17 Billion | ▲ +0.0% |
| 2003 | 1.00x | €9.18 Billion | €9.18 Billion | €2.97 Billion | ▲ +95.8% |
| 2002 | 0.51x | €4.50 Billion | €8.81 Billion | €4.31 Billion | ▲ +119.2% |
| 2001 | 0.23x | €2.06 Billion | €8.83 Billion | €6.77 Billion | ▼ -18.1% |
| 1996 | 0.28x | €1.65 Billion | €5.81 Billion | €4.16 Billion | ▲ +105.6% |
| 1995 | -5.06x | €-3.12 Billion | €616.36 Million | €3.73 Billion | ▼ -1704.9% |
| 1994 | -0.28x | €-1.10 Billion | €3.92 Billion | €5.02 Billion | ▲ +90.0% |
| 1990 | -2.81x | €-4.00 Billion | €1.42 Billion | €5.42 Billion | ▼ -303.1% |
| 1989 | -0.70x | €-1.79 Billion | €2.56 Billion | €4.35 Billion | — |