National Bank of Canada (NA) — Free Cash Flow Generation Index
National Bank of Canada (NA) has a Free Cash Flow Generation Index of 0.82x as of October 2025. Free cash flow of CA$830.00 Million represents 1% of operating cash flow (CA$1.01 Billion). See National Bank of Canada (NA) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
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. Explore NA cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
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. For the full company profile including market capitalisation, see National Bank of Canada market cap and net worth.
| 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 | — |