MicroStrategy Incorporated (MSTR) — Free Cash Flow Generation Index
MicroStrategy Incorporated (MSTR) has a Free Cash Flow Generation Index of 0.93x as of March 2026. Free cash flow of $13.04 Million represents 1% of operating cash flow ($13.99 Million). Explore how much does MicroStrategy Incorporated reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
MicroStrategy Incorporated Free Cash Flow Generation Index (1997–2023)
Historical FCF Generation Index trend for MicroStrategy Incorporated across 22 annual periods. For the full cash flow conversion analysis, see MicroStrategy Incorporated (MSTR) cash flow conversion.
Annual Free Cash Flow Generation for MicroStrategy Incorporated (1997–2023)
Year-by-year Free Cash Flow Generation Index for MicroStrategy Incorporated. Check MicroStrategy Incorporated (MSTR) total 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 |
|---|---|---|---|---|---|
| 2023 | -148.88x | $-1.89 Billion | $12.71 Million | $1.91 Billion | ▼ -66.5% |
| 2022 | -89.44x | $-287.20 Million | $3.21 Million | $290.41 Million | ▼ -231.0% |
| 2021 | -27.02x | $-2.54 Billion | $93.83 Million | $2.63 Billion | ▼ -34.8% |
| 2020 | -20.05x | $-1.08 Billion | $53.62 Million | $1.13 Billion | ▼ -2507.7% |
| 2019 | 0.83x | $50.69 Million | $60.87 Million | $10.18 Million | ▲ +134.0% |
| 2018 | 0.36x | $3.78 Million | $10.63 Million | $6.85 Million | ▼ -62.5% |
| 2017 | 0.95x | $74.34 Million | $78.32 Million | $3.98 Million | ▼ -3.0% |
| 2016 | 0.98x | $108.25 Million | $110.59 Million | $2.34 Million | ▲ +7.3% |
| 2015 | 0.91x | $136.62 Million | $149.70 Million | $13.08 Million | ▲ +315.0% |
| 2014 | -0.42x | $-6.20 Million | $14.60 Million | $20.80 Million | ▼ -194.4% |
| 2013 | 0.45x | $13.45 Million | $29.93 Million | $16.48 Million | ▲ +85.1% |
| 2012 | 0.24x | $12.12 Million | $49.88 Million | $37.77 Million | ▼ -18.9% |
| 2011 | 0.30x | $18.22 Million | $60.81 Million | $42.60 Million | ▼ -60.4% |
| 2010 | 0.76x | $57.35 Million | $75.83 Million | $18.47 Million | ▼ -1.4% |
| 2009 | 0.77x | $73.96 Million | $96.44 Million | $22.48 Million | ▲ +50.9% |
| 2008 | 0.51x | $45.18 Million | $88.92 Million | $43.74 Million | ▼ -45.8% |
| 2007 | 0.94x | $91.77 Million | $97.90 Million | $6.13 Million | ▼ -1.7% |
| 2006 | 0.95x | $99.61 Million | $104.42 Million | $4.81 Million | ▼ -2.8% |
| 2005 | 0.98x | $100.64 Million | $102.55 Million | $1.91 Million | ▲ +5.1% |
| 2004 | 0.93x | $79.91 Million | $85.56 Million | $5.65 Million | ▲ +5.4% |
| 2003 | 0.89x | $32.46 Million | $36.64 Million | $4.18 Million | ▲ +539.4% |
| 1997 | -0.20x | $-999.00K | $4.96 Million | $5.95 Million | — |