Thales S.A. (HO) — Free Cash Flow Generation Index
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). Explore Thales S.A. capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Thales S.A. Free Cash Flow Generation Index (2001–2024)
Historical FCF Generation Index trend for Thales S.A. across 24 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Thales S.A..
Annual Free Cash Flow Generation for Thales S.A. (2001–2024)
Year-by-year Free Cash Flow Generation Index for Thales S.A.. Check HO total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
| 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 | — |