Zurich Insurance Group AG (ZURN) — Free Cash Flow Generation Index
Zurich Insurance Group AG (ZURN) has a Free Cash Flow Generation Index of 0.98x as of December 2025. Free cash flow of CHF14.46 Billion represents 1% of operating cash flow (CHF14.72 Billion). Read Zurich Insurance Group AG total liabilities for a breakdown of total debt and financial obligations.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Zurich Insurance Group AG Free Cash Flow Generation Index (1999–2025)
Historical FCF Generation Index trend for Zurich Insurance Group AG across 24 annual periods. Explore ZURN capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Zurich Insurance Group AG (1999–2025)
Year-by-year Free Cash Flow Generation Index for Zurich Insurance Group AG. For the full company profile including market capitalisation, see ZURN stock market capitalisation.
| Year | FCG Index | Free Cash Flow (CHF) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.98x | CHF23.23 Billion | CHF23.73 Billion | CHF502.84 Million | ▲ +2.9% |
| 2024 | 0.95x | CHF7.23 Billion | CHF7.60 Billion | CHF370.00 Million | ▲ +0.9% |
| 2023 | 0.94x | CHF6.93 Billion | CHF7.34 Billion | CHF418.00 Million | ▲ +6.3% |
| 2022 | 0.89x | CHF4.51 Billion | CHF5.08 Billion | CHF572.00 Million | ▲ +8.5% |
| 2021 | 0.82x | CHF2.59 Billion | CHF3.17 Billion | CHF576.00 Million | ▼ -9.4% |
| 2020 | 0.90x | CHF5.15 Billion | CHF5.70 Billion | CHF552.00 Million | ▲ +6.8% |
| 2019 | 0.85x | CHF4.13 Billion | CHF4.88 Billion | CHF752.00 Million | ▲ +14.7% |
| 2018 | 0.74x | CHF3.24 Billion | CHF4.39 Billion | CHF1.15 Billion | ▼ -17.9% |
| 2017 | 0.90x | CHF4.68 Billion | CHF5.21 Billion | CHF530.00 Million | ▲ +74.5% |
| 2016 | 0.51x | CHF758.00 Million | CHF1.47 Billion | CHF715.00 Million | ▼ -40.9% |
| 2015 | 0.87x | CHF4.54 Billion | CHF5.22 Billion | CHF678.00 Million | ▲ +13.8% |
| 2014 | 0.76x | CHF4.48 Billion | CHF5.86 Billion | CHF1.38 Billion | ▼ -5.0% |
| 2013 | 0.80x | CHF1.16 Billion | CHF1.44 Billion | CHF282.00 Million | ▼ -11.8% |
| 2012 | 0.91x | CHF2.34 Billion | CHF2.56 Billion | CHF226.00 Million | ▼ -3.9% |
| 2011 | 0.95x | CHF3.69 Billion | CHF3.89 Billion | CHF199.00 Million | ▲ +3.0% |
| 2010 | 0.92x | CHF2.13 Billion | CHF2.31 Billion | CHF182.00 Million | ▼ -1.7% |
| 2008 | 0.94x | CHF6.61 Billion | CHF7.05 Billion | CHF444.00 Million | ▲ +50.4% |
| 2006 | 0.62x | CHF463.00 Million | CHF743.00 Million | CHF280.00 Million | ▼ -37.7% |
| 2005 | 1.00x | CHF6.05 Billion | CHF6.05 Billion | CHF0.00 | ▼ -0.2% |
| 2004 | 1.00x | CHF8.35 Billion | CHF8.33 Billion | CHF19.00 Million | ▲ +0.1% |
| 2003 | 1.00x | CHF8.56 Billion | CHF8.55 Billion | CHF12.00 Million | ▼ 0.0% |
| 2002 | 1.00x | CHF5.64 Billion | CHF5.63 Billion | CHF9.00 Million | ▲ +18.0% |
| 2000 | 0.85x | CHF3.21 Billion | CHF3.77 Billion | CHF570.00 Million | ▲ +2.8% |
| 1999 | 0.83x | CHF2.96 Billion | CHF3.59 Billion | CHF626.00 Million | — |