Telefonica SA ADR (TEF) — Free Cash Flow Generation Index
Telefonica SA ADR (TEF) has a Free Cash Flow Generation Index of 0.35x as of September 2025. Free cash flow of $864.18 Million represents 0% of operating cash flow ($2.44 Billion). See TEF current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Telefonica SA ADR Free Cash Flow Generation Index (1989–2024)
Historical FCF Generation Index trend for Telefonica SA ADR across 29 annual periods. Explore Telefonica SA ADR debt service capacity to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Telefonica SA ADR (1989–2024)
Year-by-year Free Cash Flow Generation Index for Telefonica SA ADR. For the full company profile including market capitalisation, see TEF company net worth.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.47x | $5.20 Billion | $10.99 Billion | $5.79 Billion | ▲ +0.5% |
| 2023 | 0.47x | $5.93 Billion | $12.59 Billion | $6.66 Billion | ▼ -3.9% |
| 2022 | 0.49x | $5.30 Billion | $10.81 Billion | $5.51 Billion | ▲ +22.7% |
| 2021 | 0.40x | $4.10 Billion | $10.27 Billion | $6.16 Billion | ▼ -14.6% |
| 2020 | 0.47x | $6.18 Billion | $13.20 Billion | $7.02 Billion | ▲ +6.5% |
| 2019 | 0.44x | $6.59 Billion | $15.01 Billion | $8.41 Billion | ▲ +29.1% |
| 2018 | 0.34x | $4.53 Billion | $13.31 Billion | $8.78 Billion | ▼ -2.2% |
| 2017 | 0.35x | $4.80 Billion | $13.79 Billion | $8.99 Billion | ▲ +11.4% |
| 2016 | 0.31x | $4.18 Billion | $13.36 Billion | $9.19 Billion | ▲ +1.3% |
| 2015 | 0.31x | $4.20 Billion | $13.60 Billion | $9.40 Billion | ▲ +26.5% |
| 2014 | 0.24x | $2.97 Billion | $12.18 Billion | $9.21 Billion | ▼ -23.2% |
| 2013 | 0.32x | $4.51 Billion | $14.18 Billion | $9.67 Billion | ▼ -15.6% |
| 2012 | 0.38x | $5.73 Billion | $15.21 Billion | $9.48 Billion | ▼ -21.6% |
| 2011 | 0.48x | $8.40 Billion | $17.48 Billion | $9.09 Billion | ▲ +3.6% |
| 2010 | 0.46x | $7.73 Billion | $16.67 Billion | $8.94 Billion | ▼ -12.5% |
| 2009 | 0.53x | $8.55 Billion | $16.15 Billion | $7.59 Billion | ▲ +2.2% |
| 2008 | 0.52x | $8.49 Billion | $16.38 Billion | $7.89 Billion | ▼ -2.6% |
| 2007 | 0.53x | $8.28 Billion | $15.55 Billion | $7.27 Billion | ▼ -3.3% |
| 2006 | 0.55x | $8.48 Billion | $15.41 Billion | $6.93 Billion | ▼ -45.0% |
| 2005 | 1.00x | $11.13 Billion | $11.13 Billion | $113.00 Million | ▲ +0.0% |
| 2004 | 1.00x | $10.18 Billion | $10.18 Billion | $424.00 Million | ▲ +0.0% |
| 2003 | 1.00x | $9.18 Billion | $9.18 Billion | $424.00 Million | ▲ +95.8% |
| 2002 | 0.51x | $4.50 Billion | $8.81 Billion | $4.31 Billion | ▲ +119.2% |
| 2001 | 0.23x | $2.06 Billion | $8.83 Billion | $6.77 Billion | ▼ -18.1% |
| 1996 | 0.28x | $1.65 Billion | $5.81 Billion | $4.16 Billion | ▲ +105.6% |
| 1995 | -5.06x | $-3.12 Billion | $616.36 Million | $3.73 Billion | ▼ -1704.9% |
| 1994 | -0.28x | $-1.10 Billion | $3.92 Billion | $5.02 Billion | ▲ +90.0% |
| 1990 | -2.81x | $-4.00 Billion | $1.42 Billion | $5.42 Billion | ▼ -303.1% |
| 1989 | -0.70x | $-1.79 Billion | $2.56 Billion | $4.35 Billion | — |