Cullen/Frost Bankers Inc (CFR) — Free Cash Flow Generation Index
Cullen/Frost Bankers Inc (CFR) has a Free Cash Flow Generation Index of 1.27x as of September 2025. Free cash flow of $315.80 Million represents 1% of operating cash flow ($248.58 Million). Read CFR liabilities breakdown for a breakdown of total debt and financial obligations.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Cullen/Frost Bankers Inc Free Cash Flow Generation Index (1990–2024)
Historical FCF Generation Index trend for Cullen/Frost Bankers Inc across 34 annual periods. Explore reinvestment intensity of Cullen/Frost Bankers Inc to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Cullen/Frost Bankers Inc (1990–2024)
Year-by-year Free Cash Flow Generation Index for Cullen/Frost Bankers Inc. For the full company profile including market capitalisation, see CFR company net worth.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.87x | $861.76 Million | $989.53 Million | $127.78 Million | ▲ +30.2% |
| 2023 | 0.67x | $320.21 Million | $478.85 Million | $158.63 Million | ▼ -22.1% |
| 2022 | 0.86x | $620.08 Million | $722.58 Million | $102.50 Million | ▼ -4.5% |
| 2021 | 0.90x | $582.44 Million | $648.29 Million | $65.85 Million | ▲ +9.8% |
| 2020 | 0.82x | $428.82 Million | $524.24 Million | $95.42 Million | ▲ +21.4% |
| 2019 | 0.67x | $427.37 Million | $634.09 Million | $206.72 Million | ▼ -21.5% |
| 2018 | 0.86x | $483.12 Million | $562.39 Million | $79.27 Million | ▼ -8.3% |
| 2017 | 0.94x | $503.99 Million | $538.08 Million | $34.09 Million | ▲ +6.7% |
| 2016 | 0.88x | $384.19 Million | $437.84 Million | $53.65 Million | ▲ +39.9% |
| 2015 | 0.63x | $247.73 Million | $394.86 Million | $147.13 Million | ▲ +15.2% |
| 2014 | 0.54x | $157.88 Million | $289.85 Million | $131.97 Million | ▼ -29.4% |
| 2013 | 0.77x | $134.01 Million | $173.61 Million | $39.60 Million | ▼ -15.8% |
| 2012 | 0.92x | $275.11 Million | $300.00 Million | $24.89 Million | ▲ +1.6% |
| 2011 | 0.90x | $247.65 Million | $274.37 Million | $26.72 Million | ▼ -6.0% |
| 2010 | 0.96x | $407.71 Million | $424.53 Million | $16.83 Million | ▲ +34.4% |
| 2009 | 0.71x | $195.67 Million | $273.93 Million | $78.26 Million | ▲ +0.3% |
| 2008 | 0.71x | $166.90 Million | $234.37 Million | $67.47 Million | ▼ -20.5% |
| 2007 | 0.90x | $180.22 Million | $201.28 Million | $21.07 Million | ▲ +3.7% |
| 2005 | 0.86x | $114.34 Million | $132.44 Million | $18.10 Million | ▼ -1.9% |
| 2004 | 0.88x | $113.38 Million | $128.78 Million | $15.40 Million | ▼ -6.2% |
| 2003 | 0.94x | $189.85 Million | $202.36 Million | $12.51 Million | ▲ +10.4% |
| 2002 | 0.85x | $231.25 Million | $272.20 Million | $40.95 Million | ▲ +5.0% |
| 2001 | 0.81x | $74.04 Million | $91.52 Million | $17.48 Million | ▲ +0.3% |
| 2000 | 0.81x | $104.98 Million | $130.20 Million | $25.21 Million | ▼ -5.3% |
| 1999 | 0.85x | $116.30 Million | $136.60 Million | $20.30 Million | ▲ +1.7% |
| 1998 | 0.84x | $96.50 Million | $115.30 Million | $18.80 Million | ▲ +34.0% |
| 1997 | 0.62x | $30.10 Million | $48.20 Million | $18.10 Million | ▼ -13.3% |
| 1996 | 0.72x | $55.20 Million | $76.60 Million | $21.40 Million | ▼ -22.1% |
| 1995 | 0.93x | $79.50 Million | $85.90 Million | $6.40 Million | ▲ +42.0% |
| 1994 | 0.65x | $30.70 Million | $47.10 Million | $16.40 Million | ▼ -5.6% |
| 1993 | 0.69x | $29.70 Million | $43.00 Million | $13.30 Million | ▼ -12.2% |
| 1992 | 0.79x | $43.20 Million | $54.90 Million | $11.70 Million | ▲ +15.7% |
| 1991 | 0.68x | $22.10 Million | $32.50 Million | $10.40 Million | ▼ -21.8% |
| 1990 | 0.87x | $39.50 Million | $45.40 Million | $5.90 Million | — |