Orange S.A. (ORA) — Free Cash Flow Generation Index
Latest as of June 2026:
0.44x
Orange S.A. (ORA) has a Free Cash Flow Generation Index of 0.44x as of June 2026. Free cash flow of €2.75 Billion represents 0% of operating cash flow (€6.28 Billion). Explore ORA capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
0.44x
Free Cash Flow / Operating CF
Free Cash Flow
€2.75 Billion
EUR
Operating Cash Flow
€6.28 Billion
EUR
Capital Expenditures
€3.53 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. For the full cash flow conversion analysis, see ORA cash flow metrics.
Annual Free Cash Flow Generation for Orange S.A. (1997–2025)
Year-by-year Free Cash Flow Generation Index for Orange S.A.. Check cash flow reinvestment rate of Orange S.A. 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 |
|---|---|---|---|---|---|
| 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).