Thales S.A. (HO) — Free Cash Flow Generation Index
Latest as of June 2025:
0.61x
Thales S.A. (HO) has a Free Cash Flow Generation Index of 0.61x as of June 2025. Free cash flow of €496.70 Million represents 1% of operating cash flow (€808.00 Million). Read HO liabilities breakdown for a breakdown of total debt and financial obligations.
FCF Generation Index
0.61x
Free Cash Flow / Operating CF
Free Cash Flow
€496.70 Million
EUR
Operating Cash Flow
€808.00 Million
EUR
Capital Expenditures
€311.30 Million
EUR
Thales S.A. Free Cash Flow Generation Index (2001–2024)
Historical FCF Generation Index trend for Thales S.A. across 24 annual periods. Explore capital reinvestment ratio of Thales S.A. to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Thales S.A. (2001–2024)
Year-by-year Free Cash Flow Generation Index for Thales S.A.. For the full company profile including market capitalisation, see Thales S.A. market capitalisation.
| Year | FCG Index | Free Cash Flow (EUR) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.76x | €2.01 Billion | €2.64 Billion | €623.10 Million | ▲ +25.6% |
| 2023 | 0.61x | €970.80 Million | €1.60 Billion | €625.60 Million | ▼ -27.2% |
| 2022 | 0.84x | €2.56 Billion | €3.06 Billion | €502.73 Million | ▲ +0.3% |
| 2021 | 0.83x | €2.26 Billion | €2.71 Billion | €450.80 Million | ▲ +18.0% |
| 2020 | 0.71x | €950.20 Million | €1.35 Billion | €395.40 Million | ▼ -1.3% |
| 2019 | 0.72x | €1.27 Billion | €1.77 Billion | €503.30 Million | ▲ +1.7% |
| 2018 | 0.70x | €880.86 Million | €1.25 Billion | €370.95 Million | ▼ -10.1% |
| 2017 | 0.78x | €1.61 Billion | €2.06 Billion | €447.51 Million | ▲ +15.1% |
| 2016 | 0.68x | €957.06 Million | €1.41 Billion | €451.11 Million | ▼ -6.3% |
| 2015 | 0.73x | €1.16 Billion | €1.59 Billion | €438.23 Million | ▲ +34.2% |
| 2014 | 0.54x | €572.41 Million | €1.06 Billion | €486.96 Million | ▼ -5.8% |
| 2013 | 0.57x | €608.41 Million | €1.06 Billion | €452.80 Million | ▼ -9.3% |
| 2012 | 0.63x | €850.42 Million | €1.34 Billion | €494.30 Million | ▲ +16.6% |
| 2011 | 0.54x | €313.10 Million | €577.20 Million | €264.10 Million | ▲ +36.6% |
| 2010 | 0.40x | €207.60 Million | €522.80 Million | €315.20 Million | ▼ -60.6% |
| 2009 | 1.01x | €1.16 Billion | €1.16 Billion | €9.90 Million | ▲ +0.9% |
| 2008 | 1.00x | €820.80 Million | €820.80 Million | €0.00 | ▲ +0.0% |
| 2007 | 1.00x | €984.90 Million | €984.90 Million | €0.00 | ▲ +120.7% |
| 2006 | 0.45x | €341.50 Million | €753.60 Million | €412.10 Million | ▲ +26.3% |
| 2005 | 0.36x | €218.80 Million | €609.60 Million | €390.80 Million | ▲ +168.1% |
| 2004 | 0.13x | €48.00 Million | €358.60 Million | €310.60 Million | ▼ -67.4% |
| 2003 | 0.41x | €261.30 Million | €636.80 Million | €375.50 Million | ▲ +212.2% |
| 2002 | -0.37x | €-111.80 Million | €305.80 Million | €417.60 Million | ▼ -285.6% |
| 2001 | 0.20x | €131.40 Million | €667.00 Million | €535.60 Million | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).