Noah Holdings Ltd (NOAH) — Free Cash Flow Generation Index
Noah Holdings Ltd (NOAH) has a Free Cash Flow Generation Index of 2.00x as of March 2026. Free cash flow of $734.51 Million represents 2% of operating cash flow ($367.26 Million). Explore Noah Holdings Ltd 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
Noah Holdings Ltd Free Cash Flow Generation Index (2007–2025)
Historical FCF Generation Index trend for Noah Holdings Ltd across 19 annual periods. For the full cash flow conversion analysis, see NOAH cash flow conversion.
Annual Free Cash Flow Generation for Noah Holdings Ltd (2007–2025)
Year-by-year Free Cash Flow Generation Index for Noah Holdings Ltd. Check total reinvestment intensity of Noah Holdings Ltd 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 | 0.86x | $842.47 Million | $976.61 Million | $134.14 Million | ▲ +9.5% |
| 2024 | 0.79x | $305.16 Million | $387.34 Million | $82.17 Million | ▼ -10.5% |
| 2023 | 0.88x | $1.16 Billion | $1.32 Billion | $157.92 Million | ▼ -2.3% |
| 2022 | 0.90x | $570.19 Million | $632.90 Million | $62.71 Million | ▲ +283.0% |
| 2021 | -0.49x | $-749.38 Million | $1.52 Billion | $2.27 Billion | ▼ -152.7% |
| 2020 | 0.94x | $744.74 Million | $796.35 Million | $51.62 Million | ▼ -1.5% |
| 2019 | 0.95x | $1.22 Billion | $1.29 Billion | $65.33 Million | ▲ +8.4% |
| 2018 | 0.88x | $901.16 Million | $1.03 Billion | $128.22 Million | ▲ +15.6% |
| 2017 | 0.76x | $475.67 Million | $628.38 Million | $152.71 Million | ▼ -11.2% |
| 2016 | 0.85x | $584.88 Million | $686.25 Million | $101.37 Million | ▲ +6.8% |
| 2015 | 0.80x | $538.84 Million | $675.13 Million | $136.29 Million | ▼ -11.2% |
| 2014 | 0.90x | $530.53 Million | $590.14 Million | $59.60 Million | ▼ -3.0% |
| 2013 | 0.93x | $528.01 Million | $569.48 Million | $41.47 Million | ▼ -0.8% |
| 2012 | 0.93x | $174.69 Million | $186.97 Million | $12.28 Million | ▲ +13.1% |
| 2011 | 0.83x | $110.52 Million | $133.79 Million | $23.27 Million | ▼ -12.7% |
| 2010 | 0.95x | $134.46 Million | $142.14 Million | $7.69 Million | ▼ -2.7% |
| 2009 | 0.97x | $47.27 Million | $48.62 Million | $1.35 Million | ▲ +32.7% |
| 2008 | 0.73x | $11.86 Million | $16.19 Million | $4.33 Million | ▼ -18.1% |
| 2007 | 0.89x | $13.46 Million | $15.05 Million | $1.59 Million | — |