Argan SA (ARG) — Free Cash Flow Generation Index

Latest as of December 2025: 0.97x

Argan SA (ARG) has a Free Cash Flow Generation Index of 0.97x as of December 2025. Free cash flow of €87.31 Million represents 1% of operating cash flow (€90.06 Million). Read ARG total liabilities for a breakdown of total debt and financial obligations.

FCF Generation Index

0.97x
Free Cash Flow / Operating CF

Free Cash Flow

€87.31 Million
EUR

Operating Cash Flow

€90.06 Million
EUR

Capital Expenditures

€2.75 Million
EUR

Argan SA Free Cash Flow Generation Index (2009–2025)

Historical FCF Generation Index trend for Argan SA across 17 annual periods. Explore ARG 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 Argan SA (2009–2025)

Year-by-year Free Cash Flow Generation Index for Argan SA. For the full company profile including market capitalisation, see Argan SA (ARG) total market value.

Year FCG Index Free Cash Flow (EUR) Operating CF Capital Expenditures YoY Change
2025 0.94x €187.51 Million €198.97 Million €11.46 Million ▼ -5.7%
2024 1.00x €173.52 Million €173.68 Million €161.00K ▼ 0.0%
2023 1.00x €186.15 Million €186.29 Million €136.00K ▲ +5.0%
2022 0.95x €129.35 Million €135.92 Million €6.57 Million ▲ +2.8%
2021 0.93x €159.47 Million €172.19 Million €12.72 Million ▲ +180.2%
2020 -1.15x €-152.09 Million €131.75 Million €283.84 Million ▲ +85.2%
2019 -7.78x €-106.51 Million €13.69 Million €120.20 Million ▼ -477.6%
2018 -1.35x €-109.45 Million €81.25 Million €190.70 Million ▼ -50.6%
2017 -0.89x €-78.80 Million €88.11 Million €166.91 Million ▲ +30.7%
2016 -1.29x €-64.08 Million €49.62 Million €113.70 Million ▼ -697.6%
2015 0.22x €13.84 Million €64.03 Million €50.20 Million ▼ -14.6%
2014 0.25x €17.03 Million €67.27 Million €50.24 Million ▼ -54.3%
2013 0.55x €30.11 Million €54.35 Million €24.24 Million ▲ +212.0%
2012 -0.49x €-23.38 Million €47.28 Million €70.66 Million ▲ +13.4%
2011 -0.57x €-17.88 Million €31.32 Million €49.20 Million ▼ -172.8%
2010 0.78x €24.49 Million €31.24 Million €6.75 Million ▼ -3.9%
2009 0.82x €16.82 Million €20.62 Million €3.80 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).