Norsk Hydro ASA (NHY) — Free Cash Flow Generation Index
Norsk Hydro ASA (NHY) has a Free Cash Flow Generation Index of 0.49x as of December 2025. Free cash flow of Nkr3.93 Billion represents 0% of operating cash flow (Nkr7.99 Billion). See Norsk Hydro ASA (NHY) liquidity 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
Norsk Hydro ASA Free Cash Flow Generation Index (1991–2025)
Historical FCF Generation Index trend for Norsk Hydro ASA across 35 annual periods. Explore Norsk Hydro ASA (NHY) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Norsk Hydro ASA (1991–2025)
Year-by-year Free Cash Flow Generation Index for Norsk Hydro ASA. For the full company profile including market capitalisation, see Norsk Hydro ASA stock valuation.
| Year | FCG Index | Free Cash Flow (NOK) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.50x | Nkr11.73 Billion | Nkr23.31 Billion | Nkr11.58 Billion | ▲ +329.0% |
| 2024 | 0.12x | Nkr1.80 Billion | Nkr15.36 Billion | Nkr13.55 Billion | ▼ -69.6% |
| 2023 | 0.39x | Nkr8.58 Billion | Nkr22.22 Billion | Nkr13.64 Billion | ▼ -42.6% |
| 2022 | 0.67x | Nkr19.79 Billion | Nkr29.39 Billion | Nkr9.60 Billion | ▲ +54.3% |
| 2021 | 0.44x | Nkr4.66 Billion | Nkr10.68 Billion | Nkr6.02 Billion | ▼ -18.4% |
| 2020 | 0.53x | Nkr7.23 Billion | Nkr13.52 Billion | Nkr6.29 Billion | ▲ +75.5% |
| 2019 | 0.30x | Nkr3.82 Billion | Nkr12.55 Billion | Nkr8.73 Billion | ▲ +1203.4% |
| 2018 | -0.03x | Nkr-194.00 Million | Nkr7.03 Billion | Nkr7.22 Billion | ▼ -105.6% |
| 2017 | 0.49x | Nkr7.05 Billion | Nkr14.35 Billion | Nkr7.30 Billion | ▲ +58.6% |
| 2016 | 0.31x | Nkr3.10 Billion | Nkr10.02 Billion | Nkr6.91 Billion | ▼ -51.1% |
| 2015 | 0.63x | Nkr9.12 Billion | Nkr14.37 Billion | Nkr5.25 Billion | ▲ +41.7% |
| 2014 | 0.45x | Nkr2.67 Billion | Nkr5.96 Billion | Nkr3.29 Billion | ▼ -4.2% |
| 2013 | 0.47x | Nkr2.37 Billion | Nkr5.07 Billion | Nkr2.70 Billion | ▲ +16.7% |
| 2012 | 0.40x | Nkr2.18 Billion | Nkr5.43 Billion | Nkr3.26 Billion | ▼ -15.1% |
| 2011 | 0.47x | Nkr3.44 Billion | Nkr7.28 Billion | Nkr3.84 Billion | ▼ -28.9% |
| 2010 | 0.66x | Nkr4.22 Billion | Nkr6.36 Billion | Nkr2.14 Billion | ▲ +67.4% |
| 2009 | 0.40x | Nkr1.80 Billion | Nkr4.55 Billion | Nkr2.74 Billion | ▲ +305.4% |
| 2008 | -0.19x | Nkr-564.00 Million | Nkr2.92 Billion | Nkr3.48 Billion | ▼ -125.5% |
| 2007 | 0.76x | Nkr10.79 Billion | Nkr14.27 Billion | Nkr3.48 Billion | ▲ +44.1% |
| 2006 | 0.52x | Nkr20.47 Billion | Nkr39.02 Billion | Nkr18.55 Billion | ▲ +46.2% |
| 2005 | 0.36x | Nkr9.81 Billion | Nkr27.35 Billion | Nkr17.54 Billion | ▼ -36.6% |
| 2004 | 0.57x | Nkr21.27 Billion | Nkr37.58 Billion | Nkr16.31 Billion | ▲ +52.6% |
| 2003 | 0.37x | Nkr9.14 Billion | Nkr24.65 Billion | Nkr15.51 Billion | ▲ +265.8% |
| 2002 | 0.10x | Nkr2.20 Billion | Nkr21.72 Billion | Nkr19.52 Billion | ▼ -77.6% |
| 2001 | 0.45x | Nkr11.85 Billion | Nkr26.23 Billion | Nkr14.38 Billion | ▼ -15.4% |
| 2000 | 0.53x | Nkr13.68 Billion | Nkr25.61 Billion | Nkr11.93 Billion | ▲ +360.0% |
| 1999 | 0.12x | Nkr1.72 Billion | Nkr14.77 Billion | Nkr13.06 Billion | ▲ +125.8% |
| 1998 | -0.45x | Nkr-3.83 Billion | Nkr8.52 Billion | Nkr12.35 Billion | ▼ -1870.4% |
| 1997 | -0.02x | Nkr-237.38 Million | Nkr10.41 Billion | Nkr10.64 Billion | ▼ -152.9% |
| 1996 | 0.04x | Nkr489.72 Million | Nkr11.35 Billion | Nkr10.86 Billion | ▼ -87.8% |
| 1995 | 0.35x | Nkr4.06 Billion | Nkr11.44 Billion | Nkr7.38 Billion | ▲ +1067.7% |
| 1994 | 0.03x | Nkr214.95 Million | Nkr7.07 Billion | Nkr6.86 Billion | ▲ +170.6% |
| 1993 | -0.04x | Nkr-306.10 Million | Nkr7.11 Billion | Nkr7.42 Billion | ▲ +46.6% |
| 1992 | -0.08x | Nkr-523.47 Million | Nkr6.50 Billion | Nkr7.02 Billion | ▲ +47.2% |
| 1991 | -0.15x | Nkr-919.84 Million | Nkr6.03 Billion | Nkr6.95 Billion | — |