Alphabet Inc Class A (GOOGL) — Free Cash Flow Generation Index
Alphabet Inc Class A (GOOGL) has a Free Cash Flow Generation Index of -0.15x as of June 2026. Free cash flow of $-5.86 Billion represents 0% of operating cash flow ($39.07 Billion). Explore GOOGL capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Alphabet Inc Class A Free Cash Flow Generation Index (2001–2025)
Historical FCF Generation Index trend for Alphabet Inc Class A across 25 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Alphabet Inc Class A.
Annual Free Cash Flow Generation for Alphabet Inc Class A (2001–2025)
Year-by-year Free Cash Flow Generation Index for Alphabet Inc Class A. Check Alphabet Inc Class A (GOOGL) 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 | 0.44x | $73.27 Billion | $164.71 Billion | $91.45 Billion | ▼ -23.4% |
| 2024 | 0.58x | $72.76 Billion | $125.30 Billion | $52.53 Billion | ▼ -15.0% |
| 2023 | 0.68x | $69.50 Billion | $101.75 Billion | $32.25 Billion | ▲ +4.1% |
| 2022 | 0.66x | $60.01 Billion | $91.50 Billion | $31.48 Billion | ▼ -10.3% |
| 2021 | 0.73x | $67.01 Billion | $91.65 Billion | $24.64 Billion | ▲ +11.1% |
| 2020 | 0.66x | $42.84 Billion | $65.12 Billion | $22.28 Billion | ▲ +15.8% |
| 2019 | 0.57x | $30.97 Billion | $54.52 Billion | $23.55 Billion | ▲ +19.4% |
| 2018 | 0.48x | $22.83 Billion | $47.97 Billion | $25.14 Billion | ▼ -26.2% |
| 2017 | 0.64x | $23.91 Billion | $37.09 Billion | $13.18 Billion | ▼ -10.1% |
| 2016 | 0.72x | $25.82 Billion | $36.04 Billion | $10.21 Billion | ▲ +15.8% |
| 2015 | 0.62x | $16.11 Billion | $26.02 Billion | $9.91 Billion | ▲ +21.3% |
| 2014 | 0.51x | $11.42 Billion | $22.38 Billion | $10.96 Billion | ▼ -15.8% |
| 2013 | 0.61x | $11.30 Billion | $18.66 Billion | $7.36 Billion | ▼ -24.6% |
| 2012 | 0.80x | $13.35 Billion | $16.62 Billion | $3.27 Billion | ▲ +5.1% |
| 2011 | 0.76x | $11.13 Billion | $14.56 Billion | $3.44 Billion | ▲ +19.9% |
| 2010 | 0.64x | $7.06 Billion | $11.08 Billion | $4.02 Billion | ▼ -30.2% |
| 2009 | 0.91x | $8.51 Billion | $9.32 Billion | $809.89 Million | ▲ +30.5% |
| 2008 | 0.70x | $5.49 Billion | $7.85 Billion | $2.36 Billion | ▲ +19.8% |
| 2007 | 0.58x | $3.37 Billion | $5.78 Billion | $2.40 Billion | ▲ +24.6% |
| 2006 | 0.47x | $1.68 Billion | $3.58 Billion | $1.90 Billion | ▼ -28.9% |
| 2005 | 0.66x | $1.62 Billion | $2.46 Billion | $838.22 Million | ▼ -2.1% |
| 2004 | 0.67x | $658.05 Million | $977.04 Million | $319.00 Million | ▲ +21.8% |
| 2003 | 0.55x | $218.64 Million | $395.44 Million | $176.80 Million | ▼ -27.3% |
| 2002 | 0.76x | $118.07 Million | $155.26 Million | $37.20 Million | ▲ +31.0% |
| 2001 | 0.58x | $18.00 Million | $31.00 Million | $13.00 Million | — |