Bank of Montreal (BMO) — Free Cash Flow Generation Index
Bank of Montreal (BMO) has a Free Cash Flow Generation Index of 0.96x as of October 2025. Free cash flow of CA$12.27 Billion represents 1% of operating cash flow (CA$12.77 Billion). See working capital position of Bank of Montreal to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Bank of Montreal Free Cash Flow Generation Index (1994–2025)
Historical FCF Generation Index trend for Bank of Montreal across 24 annual periods. Explore Bank of Montreal (BMO) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Bank of Montreal (1994–2025)
Year-by-year Free Cash Flow Generation Index for Bank of Montreal. For the full company profile including market capitalisation, see Bank of Montreal market capitalisation.
| Year | FCG Index | Free Cash Flow (CAD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.83x | CA$8.51 Billion | CA$10.24 Billion | CA$1.73 Billion | ▼ -12.2% |
| 2024 | 0.95x | CA$27.47 Billion | CA$29.03 Billion | CA$1.56 Billion | ▲ +14.7% |
| 2023 | 0.83x | CA$7.91 Billion | CA$9.59 Billion | CA$1.68 Billion | ▲ +16.6% |
| 2022 | 0.71x | CA$3.51 Billion | CA$4.96 Billion | CA$1.45 Billion | ▼ -77.9% |
| 2021 | 3.21x | CA$43.07 Billion | CA$13.42 Billion | CA$983.00 Million | ▲ +227.5% |
| 2020 | 0.98x | CA$49.80 Billion | CA$50.84 Billion | CA$1.03 Billion | ▲ +1.9% |
| 2019 | 0.96x | CA$28.18 Billion | CA$29.30 Billion | CA$1.13 Billion | ▲ +32.1% |
| 2017 | 0.73x | CA$2.12 Billion | CA$2.91 Billion | CA$791.00 Million | ▼ -74.1% |
| 2016 | 2.81x | CA$7.21 Billion | CA$2.56 Billion | CA$4.65 Billion | ▲ +648.5% |
| 2016 | -0.51x | CA$-3.27 Billion | CA$6.37 Billion | CA$620.00 Million | ▼ -142.4% |
| 2015 | 1.21x | CA$29.17 Billion | CA$24.13 Billion | CA$5.04 Billion | ▲ +50.3% |
| 2015 | 0.80x | CA$1.81 Billion | CA$2.25 Billion | CA$524.00 Million | ▼ -39.7% |
| 2014 | 1.33x | CA$21.51 Billion | CA$16.14 Billion | CA$5.37 Billion | ▲ +41.1% |
| 2013 | 0.94x | CA$10.80 Billion | CA$11.43 Billion | CA$636.00 Million | ▲ +1.1% |
| 2012 | 0.93x | CA$9.58 Billion | CA$10.26 Billion | CA$679.00 Million | ▲ +885.5% |
| 2011 | -0.12x | CA$-68.00 Million | CA$572.00 Million | CA$640.00 Million | ▼ -112.1% |
| 2009 | 0.98x | CA$12.59 Billion | CA$12.79 Billion | CA$204.00 Million | ▲ +9.5% |
| 2008 | 0.90x | CA$3.82 Billion | CA$4.25 Billion | CA$430.50 Million | ▲ +1577.4% |
| 2006 | 0.05x | CA$33.00 Million | CA$616.00 Million | CA$583.00 Million | ▼ -93.9% |
| 2004 | 0.88x | CA$2.19 Billion | CA$2.49 Billion | CA$304.80 Million | ▼ -8.8% |
| 2001 | 0.96x | CA$10.25 Billion | CA$10.65 Billion | CA$398.35 Million | ▲ +4.2% |
| 1999 | 0.92x | CA$4.01 Billion | CA$4.34 Billion | CA$328.97 Million | ▲ +14.6% |
| 1998 | 0.81x | CA$2.37 Billion | CA$2.95 Billion | CA$571.08 Million | ▲ +184.7% |
| 1994 | -0.95x | CA$-119.98 Million | CA$126.07 Million | CA$246.04 Million | — |