Air France-KLM SA (AF) — Free Cash Flow Generation Index

Latest as of March 2026: 0.38x

Air France-KLM SA (AF) has a Free Cash Flow Generation Index of 0.38x as of March 2026. Free cash flow of €582.00 Million represents 0% of operating cash flow (€1.52 Billion). See working capital to net assets of Air France-KLM SA to evaluate short-term liquidity relative to the company's equity base.

FCF Generation Index

0.38x
Free Cash Flow / Operating CF

Free Cash Flow

€582.00 Million
EUR

Operating Cash Flow

€1.52 Billion
EUR

Capital Expenditures

€940.00 Million
EUR

Air France-KLM SA Free Cash Flow Generation Index (2002–2025)

Historical FCF Generation Index trend for Air France-KLM SA across 22 annual periods. Explore how well can Air France-KLM SA service its debt to assess how comfortably operating cash covers total debt obligations.

Annual Free Cash Flow Generation for Air France-KLM SA (2002–2025)

Year-by-year Free Cash Flow Generation Index for Air France-KLM SA. For the full company profile including market capitalisation, see Air France-KLM SA market cap and net worth.

Year FCG Index Free Cash Flow (EUR) Operating CF Capital Expenditures YoY Change
2025 0.03x €115.00 Million €4.56 Billion €4.45 Billion ▲ +138.0%
2024 -0.07x €-232.00 Million €3.50 Billion €3.73 Billion ▲ +51.3%
2023 -0.14x €-426.00 Million €3.12 Billion €3.55 Billion ▼ -135.1%
2022 0.39x €1.88 Billion €4.86 Billion €2.97 Billion ▲ +189.1%
2021 -0.44x €-668.00 Million €1.53 Billion €2.20 Billion ▼ -424.3%
2019 0.13x €523.00 Million €3.90 Billion €3.37 Billion ▼ -47.8%
2018 0.26x €954.00 Million €3.71 Billion €2.76 Billion ▲ +27.1%
2017 0.20x €586.00 Million €2.90 Billion €2.31 Billion ▲ +171.1%
2016 0.07x €167.00 Million €2.24 Billion €2.07 Billion ▼ -44.0%
2015 0.13x €253.00 Million €1.90 Billion €1.65 Billion ▲ +132.2%
2014 -0.41x €-419.00 Million €1.01 Billion €1.43 Billion ▼ -309.0%
2013 0.20x €293.00 Million €1.48 Billion €1.19 Billion ▲ +127.1%
2012 -0.73x €-621.00 Million €851.00 Million €1.47 Billion ▲ +54.5%
2011 -1.60x €-1.50 Billion €934.00 Million €2.43 Billion ▼ -180.7%
2010 -0.57x €-772.00 Million €1.35 Billion €2.12 Billion ▲ +63.3%
2008 -1.56x €-1.25 Billion €798.00 Million €2.04 Billion ▼ -1693.3%
2007 0.10x €254.00 Million €2.59 Billion €2.34 Billion ▼ -40.9%
2006 0.17x €472.00 Million €2.85 Billion €2.38 Billion ▲ +292.7%
2005 0.04x €112.00 Million €2.66 Billion €2.54 Billion ▲ +146.8%
2004 -0.09x €-176.00 Million €1.96 Billion €2.13 Billion ▼ -59.0%
2003 -0.06x €-68.00 Million €1.20 Billion €1.27 Billion ▲ +81.5%
2002 -0.31x €-339.99 Million €1.11 Billion €1.45 Billion
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).