Orange S.A. (ORA) — Free Cash Flow Generation Index
Latest as of December 2025:
0.38x
Orange S.A. (ORA) has a Free Cash Flow Generation Index of 0.38x as of December 2025. Free cash flow of €2.29 Billion represents 0% of operating cash flow (€6.07 Billion). See ORA working capital efficiency 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
€2.29 Billion
EUR
Operating Cash Flow
€6.07 Billion
EUR
Capital Expenditures
€3.78 Billion
EUR
Orange S.A. Free Cash Flow Generation Index (1997–2025)
Historical FCF Generation Index trend for Orange S.A. across 29 annual periods. Explore ORA operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Orange S.A. (1997–2025)
Year-by-year Free Cash Flow Generation Index for Orange S.A.. For the full company profile including market capitalisation, see how much is Orange S.A. worth.
| Year | FCG Index | Free Cash Flow (EUR) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.32x | €3.46 Billion | €10.78 Billion | €7.32 Billion | ▼ -6.2% |
| 2024 | 0.34x | €3.48 Billion | €10.20 Billion | €6.71 Billion | ▼ -2.5% |
| 2023 | 0.35x | €4.22 Billion | €12.05 Billion | €7.83 Billion | ▲ +60.2% |
| 2022 | 0.22x | €2.46 Billion | €11.23 Billion | €8.78 Billion | ▼ -1.2% |
| 2021 | 0.22x | €2.49 Billion | €11.24 Billion | €8.75 Billion | ▼ -32.3% |
| 2020 | 0.33x | €4.15 Billion | €12.70 Billion | €8.55 Billion | ▲ +88.4% |
| 2019 | 0.17x | €1.77 Billion | €10.19 Billion | €8.42 Billion | ▼ -11.5% |
| 2018 | 0.20x | €1.86 Billion | €9.51 Billion | €7.64 Billion | ▼ -24.6% |
| 2017 | 0.26x | €2.65 Billion | €10.17 Billion | €7.53 Billion | ▲ +782.4% |
| 2016 | 0.03x | €258.00 Million | €8.75 Billion | €8.49 Billion | ▼ -84.0% |
| 2015 | 0.18x | €1.76 Billion | €9.53 Billion | €7.77 Billion | ▼ -64.7% |
| 2014 | 0.52x | €4.60 Billion | €8.80 Billion | €4.21 Billion | ▲ +22.9% |
| 2013 | 0.42x | €3.08 Billion | €7.26 Billion | €4.17 Billion | ▼ -25.6% |
| 2012 | 0.57x | €5.72 Billion | €10.02 Billion | €4.29 Billion | ▲ +19.3% |
| 2011 | 0.48x | €6.17 Billion | €12.88 Billion | €6.71 Billion | ▼ -10.0% |
| 2010 | 0.53x | €6.70 Billion | €12.59 Billion | €5.89 Billion | ▼ -11.3% |
| 2009 | 0.60x | €9.20 Billion | €15.32 Billion | €6.13 Billion | ▲ +15.7% |
| 2008 | 0.52x | €7.80 Billion | €15.03 Billion | €7.23 Billion | ▲ +0.3% |
| 2007 | 0.52x | €7.59 Billion | €14.67 Billion | €7.08 Billion | ▲ +5.2% |
| 2006 | 0.49x | €6.82 Billion | €13.86 Billion | €7.04 Billion | ▼ -9.0% |
| 2005 | 0.54x | €7.23 Billion | €13.36 Billion | €6.14 Billion | ▼ -8.8% |
| 2004 | 0.59x | €7.60 Billion | €12.81 Billion | €5.21 Billion | ▲ +8.0% |
| 2003 | 0.55x | €6.21 Billion | €11.30 Billion | €5.09 Billion | ▲ +66.9% |
| 2002 | 0.33x | €3.89 Billion | €11.83 Billion | €7.94 Billion | ▲ +257.7% |
| 2001 | -0.21x | €-1.48 Billion | €7.09 Billion | €8.57 Billion | ▲ +82.1% |
| 2000 | -1.16x | €-7.72 Billion | €6.63 Billion | €14.35 Billion | ▼ -403.8% |
| 1999 | 0.38x | €3.11 Billion | €8.11 Billion | €5.00 Billion | ▲ +10.7% |
| 1998 | 0.35x | €2.47 Billion | €7.14 Billion | €4.66 Billion | ▲ +28.4% |
| 1997 | 0.27x | €1.67 Billion | €6.18 Billion | €4.52 Billion | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).