First Quantum Minerals Ltd (FM) — Free Cash Flow Generation Index
First Quantum Minerals Ltd (FM) has a Free Cash Flow Generation Index of -0.16x as of December 2025. Free cash flow of CA$-337.00 Million represents 0% of operating cash flow (CA$2.08 Billion). Read First Quantum Minerals Ltd total liabilities for a breakdown of total debt and financial obligations.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
First Quantum Minerals Ltd Free Cash Flow Generation Index (1999–2025)
Historical FCF Generation Index trend for First Quantum Minerals Ltd across 26 annual periods. Explore First Quantum Minerals Ltd capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for First Quantum Minerals Ltd (1999–2025)
Year-by-year Free Cash Flow Generation Index for First Quantum Minerals Ltd. For the full company profile including market capitalisation, see First Quantum Minerals Ltd market capitalisation.
| Year | FCG Index | Free Cash Flow (CAD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.46x | CA$948.00 Million | CA$2.08 Billion | CA$1.13 Billion | ▲ +106.3% |
| 2024 | 0.22x | CA$365.00 Million | CA$1.65 Billion | CA$1.29 Billion | ▲ +148.4% |
| 2023 | 0.09x | CA$127.00 Million | CA$1.43 Billion | CA$1.30 Billion | ▼ -82.2% |
| 2022 | 0.50x | CA$1.17 Billion | CA$2.33 Billion | CA$1.17 Billion | ▼ -23.7% |
| 2021 | 0.66x | CA$1.89 Billion | CA$2.88 Billion | CA$995.00 Million | ▲ +5.4% |
| 2020 | 0.62x | CA$1.00 Billion | CA$1.61 Billion | CA$610.00 Million | ▲ +197.7% |
| 2019 | -0.64x | CA$-566.00 Million | CA$889.00 Million | CA$1.46 Billion | ▼ -673.4% |
| 2018 | -0.08x | CA$-163.00 Million | CA$1.98 Billion | CA$2.14 Billion | ▲ +89.8% |
| 2017 | -0.81x | CA$-738.00 Million | CA$914.00 Million | CA$1.65 Billion | ▼ -241.9% |
| 2016 | -0.24x | CA$-218.00 Million | CA$923.00 Million | CA$1.14 Billion | ▲ +24.8% |
| 2015 | -0.31x | CA$-374.00 Million | CA$1.19 Billion | CA$1.56 Billion | ▲ +87.7% |
| 2014 | -2.56x | CA$-1.90 Billion | CA$743.60 Million | CA$2.65 Billion | ▼ -28.4% |
| 2013 | -1.99x | CA$-1.73 Billion | CA$868.80 Million | CA$2.60 Billion | ▲ +33.8% |
| 2012 | -3.01x | CA$-1.03 Billion | CA$342.50 Million | CA$1.37 Billion | ▼ -94.7% |
| 2011 | -1.55x | CA$-637.20 Million | CA$412.30 Million | CA$1.05 Billion | ▼ -394.1% |
| 2010 | 0.53x | CA$400.00 Million | CA$761.30 Million | CA$361.30 Million | ▲ +47.2% |
| 2009 | 0.36x | CA$200.80 Million | CA$562.60 Million | CA$361.80 Million | ▼ -10.5% |
| 2008 | 0.40x | CA$305.10 Million | CA$765.40 Million | CA$460.30 Million | ▼ -2.5% |
| 2007 | 0.41x | CA$221.20 Million | CA$540.80 Million | CA$319.60 Million | ▼ -7.5% |
| 2006 | 0.44x | CA$243.27 Million | CA$549.88 Million | CA$306.61 Million | ▲ +309.6% |
| 2005 | 0.11x | CA$25.44 Million | CA$235.49 Million | CA$210.06 Million | ▲ +102.0% |
| 2004 | -5.30x | CA$-162.55 Million | CA$30.69 Million | CA$193.25 Million | ▼ -241.5% |
| 2003 | -1.55x | CA$-24.70 Million | CA$15.92 Million | CA$40.62 Million | ▲ +36.9% |
| 2001 | -2.46x | CA$-16.06 Million | CA$6.54 Million | CA$22.60 Million | ▼ -345.6% |
| 2000 | 1.00x | CA$9.40 Million | CA$9.40 Million | CA$0.00 | ▲ +31.5% |
| 1999 | 0.76x | CA$7.53 Million | CA$9.91 Million | CA$2.38 Million | — |