Bell AG (BELL) — Free Cash Flow Generation Index
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). Explore Bell AG (BELL) reinvestment 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
Bell AG Free Cash Flow Generation Index (2002–2025)
Historical FCF Generation Index trend for Bell AG across 24 annual periods. For the full cash flow conversion analysis, see Bell AG (BELL) cash conversion ratio.
Annual Free Cash Flow Generation for Bell AG (2002–2025)
Year-by-year Free Cash Flow Generation Index for Bell AG. Check Bell AG (BELL) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
| 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 | — |