Tencent Music Entertainment Group (TME) — Free Cash Flow Generation Index

Latest as of September 2025: 1.00x

Tencent Music Entertainment Group (TME) has a Free Cash Flow Generation Index of 1.00x as of September 2025. Free cash flow of $3.68 Billion represents 1% of operating cash flow ($3.68 Billion). Read Tencent Music Entertainment Group debt and liabilities for a breakdown of total debt and financial obligations.

FCF Generation Index

1.00x
Free Cash Flow / Operating CF

Free Cash Flow

$3.68 Billion
USD

Operating Cash Flow

$3.68 Billion
USD

Capital Expenditures

$0.00
USD

Tencent Music Entertainment Group Free Cash Flow Generation Index (2016–2024)

Historical FCF Generation Index trend for Tencent Music Entertainment Group across 9 annual periods. Explore TME capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

Annual Free Cash Flow Generation for Tencent Music Entertainment Group (2016–2024)

Year-by-year Free Cash Flow Generation Index for Tencent Music Entertainment Group. For the full company profile including market capitalisation, see TME company net worth.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2024 0.90x $9.24 Billion $10.28 Billion $1.03 Billion ▲ +6.9%
2023 0.84x $6.17 Billion $7.34 Billion $1.16 Billion ▼ -2.1%
2022 0.86x $6.43 Billion $7.48 Billion $1.05 Billion ▲ +81.4%
2021 0.47x $2.48 Billion $5.24 Billion $2.76 Billion ▼ -47.2%
2020 0.90x $4.38 Billion $4.88 Billion $501.00 Million ▼ -5.9%
2019 0.95x $5.91 Billion $6.20 Billion $286.00 Million ▼ -2.1%
2018 0.97x $5.49 Billion $5.63 Billion $144.00 Million ▲ +0.5%
2017 0.97x $2.42 Billion $2.50 Billion $77.00 Million ▲ +1.7%
2016 0.95x $832.00 Million $873.00 Million $41.00 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).