Pagaya Technologies Ltd. (PGY) — Free Cash Flow Generation Index
Pagaya Technologies Ltd. (PGY) has a Free Cash Flow Generation Index of 0.93x as of March 2026. Free cash flow of $40.01 Million represents 1% of operating cash flow ($43.18 Million). Explore Pagaya Technologies Ltd. capital spending 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
Pagaya Technologies Ltd. Free Cash Flow Generation Index (2020–2025)
Historical FCF Generation Index trend for Pagaya Technologies Ltd. across 5 annual periods. For the full cash flow conversion analysis, see PGY operating cash flow.
Annual Free Cash Flow Generation for Pagaya Technologies Ltd. (2020–2025)
Year-by-year Free Cash Flow Generation Index for Pagaya Technologies Ltd.. Check PGY 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 | 0.94x | $224.72 Million | $238.62 Million | $13.90 Million | ▲ +44.7% |
| 2024 | 0.65x | $43.28 Million | $66.52 Million | $23.24 Million | ▲ +158.7% |
| 2023 | -1.11x | $-10.61 Million | $9.58 Million | $20.19 Million | ▼ -227.8% |
| 2021 | 0.87x | $43.19 Million | $49.81 Million | $6.62 Million | ▲ +16.8% |
| 2020 | 0.74x | $3.16 Million | $4.26 Million | $1.10 Million | — |