Sea Ltd (SE) — Free Cash Flow Generation Index

Latest as of March 2026: 0.87x

Sea Ltd (SE) has a Free Cash Flow Generation Index of 0.87x as of March 2026. Free cash flow of $918.90 Million represents 1% of operating cash flow ($1.06 Billion). Explore SE capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

0.87x
Free Cash Flow / Operating CF

Free Cash Flow

$918.90 Million
USD

Operating Cash Flow

$1.06 Billion
USD

Capital Expenditures

$139.00 Million
USD

Sea Ltd Free Cash Flow Generation Index (2014–2025)

Historical FCF Generation Index trend for Sea Ltd across 7 annual periods. For the full cash flow conversion analysis, see SE cash generation efficiency.

Annual Free Cash Flow Generation for Sea Ltd (2014–2025)

Year-by-year Free Cash Flow Generation Index for Sea Ltd. Check SE cash reinvestment to operating cash ratio 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 0.90x $4.51 Billion $5.03 Billion $513.81 Million ▼ -0.5%
2024 0.90x $2.96 Billion $3.28 Billion $321.59 Million ▲ +3.0%
2023 0.88x $1.82 Billion $2.08 Billion $258.26 Million ▲ +130.5%
2021 -2.87x $-598.53 Million $208.65 Million $807.18 Million ▼ -826.1%
2020 0.40x $219.59 Million $555.87 Million $336.27 Million ▲ +115.6%
2019 -2.54x $-177.23 Million $69.86 Million $247.10 Million ▲ +84.1%
2014 -15.92x $-39.13 Million $2.46 Million $41.59 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).