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). Read Telefonica SA ADR debt and liabilities for a breakdown of total debt and financial obligations.
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 TEF capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
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 market cap overview.
| 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 | — |