IRPC PCL (TPIG) — Free Cash Flow Generation Index

Latest as of March 2026: 0.98x

IRPC PCL (TPIG) has a Free Cash Flow Generation Index of 0.98x as of March 2026. Free cash flow of €7.44 Billion represents 1% of operating cash flow (€7.59 Billion). Explore TPIG capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

0.98x
Free Cash Flow / Operating CF

Free Cash Flow

€7.44 Billion
EUR

Operating Cash Flow

€7.59 Billion
EUR

Capital Expenditures

€155.34 Million
EUR

IRPC PCL Free Cash Flow Generation Index (2018–2025)

Historical FCF Generation Index trend for IRPC PCL across 7 annual periods. For the full cash flow conversion analysis, see IRPC PCL cash conversion from operations.

Annual Free Cash Flow Generation for IRPC PCL (2018–2025)

Year-by-year Free Cash Flow Generation Index for IRPC PCL. Check TPIG cash flow reinvestment rate 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 0.98x €22.68 Billion €23.26 Billion €571.43 Million ▲ +71.5%
2024 0.57x €5.87 Billion €10.32 Billion €4.45 Billion ▲ +61.5%
2023 0.35x €6.56 Billion €18.63 Billion €12.07 Billion ▼ -51.8%
2021 0.73x €8.28 Billion €11.34 Billion €3.06 Billion ▲ +8.8%
2020 0.67x €7.48 Billion €11.15 Billion €3.67 Billion ▲ +113.7%
2019 -4.89x €-4.63 Billion €947.32 Million €5.58 Billion ▼ -860.5%
2018 0.64x €11.76 Billion €18.30 Billion €6.54 Billion
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).