National Bank of Canada (NA) — Free Cash Flow Generation Index
National Bank of Canada (NA) has a Free Cash Flow Generation Index of 0.99x as of April 2026. Free cash flow of CA$3.73 Billion represents 1% of operating cash flow (CA$3.78 Billion). Explore NA capital 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
National Bank of Canada Free Cash Flow Generation Index (1993–2025)
Historical FCF Generation Index trend for National Bank of Canada across 24 annual periods. For the full cash flow conversion analysis, see National Bank of Canada cash conversion from operations.
Annual Free Cash Flow Generation for National Bank of Canada (1993–2025)
Year-by-year Free Cash Flow Generation Index for National Bank of Canada. Check how aggressively does National Bank of Canada reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (CAD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.89x | CA$4.13 Billion | CA$4.63 Billion | CA$502.00 Million | ▲ +5.0% |
| 2024 | 0.85x | CA$3.95 Billion | CA$4.65 Billion | CA$703.00 Million | ▼ -2.9% |
| 2023 | 0.87x | CA$4.51 Billion | CA$5.17 Billion | CA$651.00 Million | ▼ -4.8% |
| 2021 | 0.92x | CA$5.55 Billion | CA$6.04 Billion | CA$217.00 Million | ▼ -5.7% |
| 2020 | 0.97x | CA$19.47 Billion | CA$19.98 Billion | CA$182.00 Million | ▲ +3.7% |
| 2019 | 0.94x | CA$7.78 Billion | CA$8.28 Billion | CA$144.00 Million | ▲ +2.5% |
| 2018 | 0.92x | CA$5.38 Billion | CA$5.86 Billion | CA$164.00 Million | ▲ +11.3% |
| 2017 | 0.82x | CA$1.25 Billion | CA$1.52 Billion | CA$94.00 Million | ▼ -13.3% |
| 2016 | 0.95x | CA$5.17 Billion | CA$5.44 Billion | CA$51.00 Million | ▲ +32.1% |
| 2015 | 0.72x | CA$4.59 Billion | CA$6.38 Billion | CA$1.57 Billion | ▼ -21.6% |
| 2014 | 0.92x | CA$3.81 Billion | CA$4.15 Billion | CA$50.00 Million | ▲ +53.1% |
| 2013 | 0.60x | CA$417.00 Million | CA$696.00 Million | CA$146.00 Million | ▼ -26.1% |
| 2012 | 0.81x | CA$1.58 Billion | CA$1.94 Billion | CA$176.00 Million | ▼ -6.9% |
| 2011 | 0.87x | CA$1.81 Billion | CA$2.08 Billion | CA$268.00 Million | ▼ -8.8% |
| 2007 | 0.95x | CA$2.51 Billion | CA$2.63 Billion | CA$119.00 Million | ▲ +19.1% |
| 2004 | 0.80x | CA$226.00 Million | CA$282.00 Million | CA$56.00 Million | ▼ -19.9% |
| 2000 | 1.00x | CA$1.00 Billion | CA$1.00 Billion | CA$0.00 | ▲ +61.5% |
| 1999 | 0.62x | CA$387.00 Million | CA$625.00 Million | CA$238.00 Million | ▼ -26.9% |
| 1998 | 0.85x | CA$265.00 Million | CA$313.00 Million | CA$48.00 Million | ▼ -12.4% |
| 1997 | 0.97x | CA$1.52 Billion | CA$1.57 Billion | CA$53.00 Million | ▲ +311.4% |
| 1996 | -0.46x | CA$-32.00 Million | CA$70.00 Million | CA$102.00 Million | ▼ -148.5% |
| 1995 | 0.94x | CA$946.00 Million | CA$1.00 Billion | CA$57.00 Million | ▼ -5.7% |
| 1994 | 1.00x | CA$387.70 Million | CA$387.70 Million | CA$0.00 | ▲ +10.8% |
| 1993 | 0.90x | CA$479.40 Million | CA$531.40 Million | CA$52.00 Million | — |