The Phoenix Holdings Ltd. (PHOE) — Free Cash Flow Generation Index
The Phoenix Holdings Ltd. (PHOE) has a Free Cash Flow Generation Index of 0.72x as of September 2025. Free cash flow of ILA385.88 Million represents 1% of operating cash flow (ILA534.96 Million). Read PHOE current and long-term liabilities for a breakdown of total debt and financial obligations.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
The Phoenix Holdings Ltd. Free Cash Flow Generation Index (2006–2023)
Historical FCF Generation Index trend for The Phoenix Holdings Ltd. across 17 annual periods. Explore PHOE capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for The Phoenix Holdings Ltd. (2006–2023)
Year-by-year Free Cash Flow Generation Index for The Phoenix Holdings Ltd.. For the full company profile including market capitalisation, see PHOE market cap.
| Year | FCG Index | Free Cash Flow (ILA) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2023 | 0.52x | ILA1.14 Billion | ILA2.18 Billion | ILA1.04 Billion | ▼ -35.1% |
| 2022 | 0.81x | ILA2.20 Billion | ILA2.73 Billion | ILA524.86 Million | ▼ -12.2% |
| 2021 | 0.92x | ILA4.19 Billion | ILA4.55 Billion | ILA361.78 Million | ▼ -0.2% |
| 2020 | 0.92x | ILA4.40 Billion | ILA4.77 Billion | ILA371.02 Million | ▲ +150.6% |
| 2019 | 0.37x | ILA208.48 Million | ILA566.53 Million | ILA358.06 Million | ▲ +5008.0% |
| 2017 | 0.01x | ILA1.59 Million | ILA220.29 Million | ILA218.70 Million | ▼ -98.9% |
| 2016 | 0.65x | ILA382.97 Million | ILA590.78 Million | ILA207.81 Million | ▼ -30.9% |
| 2015 | 0.94x | ILA3.39 Billion | ILA3.62 Billion | ILA224.60 Million | ▲ +43.7% |
| 2014 | 0.65x | ILA452.39 Million | ILA693.01 Million | ILA240.62 Million | ▼ -15.7% |
| 2013 | 0.77x | ILA772.99 Million | ILA997.88 Million | ILA224.89 Million | ▲ +4.5% |
| 2012 | 0.74x | ILA607.31 Million | ILA819.49 Million | ILA212.18 Million | ▼ -2.5% |
| 2011 | 0.76x | ILA642.45 Million | ILA845.02 Million | ILA202.57 Million | ▲ +142.8% |
| 2010 | -1.78x | ILA-166.55 Million | ILA93.76 Million | ILA260.31 Million | ▼ -371.3% |
| 2009 | 0.65x | ILA557.19 Million | ILA850.92 Million | ILA293.73 Million | ▲ +20.5% |
| 2008 | 0.54x | ILA261.40 Million | ILA481.13 Million | ILA219.73 Million | ▲ +245.0% |
| 2007 | 0.16x | ILA95.79 Million | ILA608.24 Million | ILA512.45 Million | ▼ -66.8% |
| 2006 | 0.47x | ILA197.60 Million | ILA416.13 Million | ILA218.53 Million | — |