Bell AG (BELL) — Free Cash Flow Generation Index
Latest as of December 2025:
1.99x
Bell AG (BELL) has a Free Cash Flow Generation Index of 1.99x as of December 2025. Free cash flow of CHF546.50 Million represents 2% of operating cash flow (CHF275.00 Million). Read how much debt does Bell AG carry for a breakdown of total debt and financial obligations.
FCF Generation Index
1.99x
Free Cash Flow / Operating CF
Free Cash Flow
CHF546.50 Million
CHF
Operating Cash Flow
CHF275.00 Million
CHF
Capital Expenditures
CHF271.50 Million
CHF
Bell AG Free Cash Flow Generation Index (2002–2025)
Historical FCF Generation Index trend for Bell AG across 24 annual periods. Explore capital reinvestment ratio of Bell AG to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Bell AG (2002–2025)
Year-by-year Free Cash Flow Generation Index for Bell AG. For the full company profile including market capitalisation, see market cap of Bell AG.
| Year | FCG Index | Free Cash Flow (CHF) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.01x | CHF3.30 Million | CHF275.00 Million | CHF271.50 Million | ▲ +131.4% |
| 2024 | -0.04x | CHF-11.50 Million | CHF301.30 Million | CHF312.80 Million | ▲ +35.3% |
| 2023 | -0.06x | CHF-18.40 Million | CHF311.70 Million | CHF330.10 Million | ▼ -3.3% |
| 2022 | -0.06x | CHF-13.80 Million | CHF241.40 Million | CHF255.20 Million | ▼ -130.7% |
| 2021 | 0.19x | CHF54.60 Million | CHF293.50 Million | CHF238.90 Million | ▲ +244.1% |
| 2020 | 0.05x | CHF13.30 Million | CHF246.00 Million | CHF232.70 Million | ▼ -46.7% |
| 2019 | 0.10x | CHF25.50 Million | CHF251.60 Million | CHF226.10 Million | ▼ -68.7% |
| 2018 | 0.32x | CHF104.70 Million | CHF323.70 Million | CHF219.00 Million | ▲ +16.2% |
| 2017 | 0.28x | CHF44.90 Million | CHF161.30 Million | CHF116.40 Million | ▼ -44.7% |
| 2016 | 0.50x | CHF123.60 Million | CHF245.50 Million | CHF121.90 Million | ▲ +19.9% |
| 2015 | 0.42x | CHF80.39 Million | CHF191.40 Million | CHF111.00 Million | ▲ +1.0% |
| 2014 | 0.42x | CHF62.35 Million | CHF149.97 Million | CHF87.63 Million | ▲ +49.5% |
| 2013 | 0.28x | CHF31.36 Million | CHF112.76 Million | CHF81.40 Million | ▼ -44.6% |
| 2012 | 0.50x | CHF71.06 Million | CHF141.48 Million | CHF70.43 Million | ▲ +11.2% |
| 2011 | 0.45x | CHF57.74 Million | CHF127.80 Million | CHF70.06 Million | ▼ -26.4% |
| 2010 | 0.61x | CHF110.22 Million | CHF179.59 Million | CHF69.37 Million | ▲ +27.2% |
| 2009 | 0.48x | CHF56.91 Million | CHF117.99 Million | CHF61.08 Million | ▲ +9.0% |
| 2008 | 0.44x | CHF39.52 Million | CHF89.31 Million | CHF49.79 Million | ▼ -32.7% |
| 2007 | 0.66x | CHF84.39 Million | CHF128.39 Million | CHF43.99 Million | ▲ +3.3% |
| 2006 | 0.64x | CHF71.89 Million | CHF112.99 Million | CHF41.10 Million | ▲ +6.7% |
| 2005 | 0.60x | CHF71.30 Million | CHF119.55 Million | CHF48.25 Million | ▲ +142.9% |
| 2004 | -1.39x | CHF-58.65 Million | CHF42.17 Million | CHF100.82 Million | ▼ -666.5% |
| 2003 | 0.25x | CHF26.45 Million | CHF107.76 Million | CHF81.31 Million | ▼ -28.6% |
| 2002 | 0.34x | CHF34.39 Million | CHF100.03 Million | CHF65.64 Million | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).