AstraZeneca PLC (AZN) — Free Cash Flow Generation Index

Latest as of March 2026: 0.54x

AstraZeneca PLC (AZN) has a Free Cash Flow Generation Index of 0.54x as of March 2026. Free cash flow of $1.82 Billion represents 1% of operating cash flow ($3.36 Billion). Explore how much does AstraZeneca PLC reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

0.54x
Free Cash Flow / Operating CF

Free Cash Flow

$1.82 Billion
USD

Operating Cash Flow

$3.36 Billion
USD

Capital Expenditures

$1.54 Billion
USD

AstraZeneca PLC Free Cash Flow Generation Index (1990–2025)

Historical FCF Generation Index trend for AstraZeneca PLC across 36 annual periods. For the full cash flow conversion analysis, see AZN cash generation efficiency.

Annual Free Cash Flow Generation for AstraZeneca PLC (1990–2025)

Year-by-year Free Cash Flow Generation Index for AstraZeneca PLC. Check AstraZeneca PLC cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.81x $11.77 Billion $14.57 Billion $2.81 Billion ▲ +31.6%
2024 0.61x $7.28 Billion $11.86 Billion $4.59 Billion ▼ -3.4%
2023 0.63x $6.57 Billion $10.35 Billion $3.78 Billion ▼ -14.0%
2022 0.74x $7.24 Billion $9.81 Billion $2.57 Billion ▲ +16.9%
2021 0.63x $3.76 Billion $5.96 Billion $2.20 Billion ▲ +38.1%
2020 0.46x $2.19 Billion $4.80 Billion $2.61 Billion ▲ +166.6%
2019 0.17x $509.00 Million $2.97 Billion $2.46 Billion ▼ -64.0%
2018 0.48x $1.25 Billion $2.62 Billion $1.37 Billion ▼ -13.0%
2017 0.55x $1.96 Billion $3.58 Billion $1.62 Billion ▲ +23.9%
2016 0.44x $1.83 Billion $4.14 Billion $2.31 Billion ▲ +173.9%
2015 0.16x $536.00 Million $3.32 Billion $2.79 Billion ▼ -73.6%
2014 0.61x $4.31 Billion $7.06 Billion $2.75 Billion ▼ -15.5%
2013 0.72x $5.34 Billion $7.40 Billion $2.06 Billion ▲ +115.4%
2012 0.34x $2.33 Billion $6.95 Billion $4.62 Billion ▼ -59.8%
2011 0.83x $6.52 Billion $7.82 Billion $1.30 Billion ▲ +7.9%
2010 0.77x $8.26 Billion $10.68 Billion $2.42 Billion ▲ +3.4%
2009 0.75x $8.78 Billion $11.74 Billion $2.96 Billion ▲ +39.1%
2008 0.54x $4.70 Billion $8.74 Billion $4.04 Billion ▼ -30.7%
2007 0.78x $5.83 Billion $7.51 Billion $1.68 Billion ▼ -6.0%
2006 0.83x $6.35 Billion $7.69 Billion $1.34 Billion ▼ -3.4%
2005 0.85x $5.76 Billion $6.74 Billion $979.00 Million ▼ -8.3%
2004 0.93x $4.54 Billion $4.87 Billion $332.00 Million ▲ +49.2%
2003 0.62x $2.13 Billion $3.42 Billion $1.28 Billion ▼ -13.6%
2002 0.72x $3.49 Billion $4.83 Billion $1.34 Billion ▲ +340.7%
2001 0.16x $443.83 Million $2.71 Billion $2.26 Billion ▼ -56.2%
2000 0.37x $875.25 Million $2.34 Billion $1.46 Billion ▲ +118.5%
1999 -2.03x $-1.84 Billion $908.55 Million $2.75 Billion ▼ -5219.8%
1998 0.04x $34.86 Million $879.74 Million $844.88 Million ▲ +458.2%
1997 -0.01x $-8.27 Million $747.21 Million $755.47 Million ▼ -105.8%
1996 0.19x $148.99 Million $787.75 Million $638.76 Million ▼ -28.3%
1995 0.26x $154.52 Million $585.64 Million $431.11 Million ▲ +24.2%
1994 0.21x $132.89 Million $625.36 Million $492.47 Million ▼ -38.2%
1993 0.34x $242.59 Million $705.58 Million $462.99 Million ▲ +135.4%
1992 -0.97x $-200.20 Million $206.27 Million $406.47 Million ▼ -509.5%
1991 0.24x $119.76 Million $505.22 Million $385.46 Million ▼ -28.2%
1990 0.33x $266.19 Million $806.30 Million $540.10 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).