mBank SA (MBK) — Free Cash Flow Generation Index

Latest as of December 2025: 0.98x

mBank SA (MBK) has a Free Cash Flow Generation Index of 0.98x as of December 2025. Free cash flow of zł15.27 Billion represents 1% of operating cash flow (zł15.51 Billion). See mBank SA current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

FCF Generation Index

0.98x
Free Cash Flow / Operating CF

Free Cash Flow

zł15.27 Billion
PLN

Operating Cash Flow

zł15.51 Billion
PLN

Capital Expenditures

zł242.89 Million
PLN

mBank SA Free Cash Flow Generation Index (2003–2025)

Historical FCF Generation Index trend for mBank SA across 14 annual periods. Explore cash flow to debt ratio of mBank SA to assess how comfortably operating cash covers total debt obligations.

Annual Free Cash Flow Generation for mBank SA (2003–2025)

Year-by-year Free Cash Flow Generation Index for mBank SA. For the full company profile including market capitalisation, see mBank SA market cap and net worth.

Year FCG Index Free Cash Flow (PLN) Operating CF Capital Expenditures YoY Change
2025 0.78x zł3.07 Billion zł3.94 Billion zł869.12 Million ▲ +113.6%
2024 -5.72x zł-2.44 Billion zł425.77 Million zł903.16 Million ▼ -21204.1%
2023 -0.03x zł-217.31 Million zł8.09 Billion zł718.50 Million ▼ -102.9%
2022 0.93x zł7.46 Billion zł8.03 Billion zł563.11 Million ▼ -1.6%
2021 0.95x zł10.21 Billion zł10.80 Billion zł589.40 Million ▲ +69.9%
2019 0.56x zł628.29 Million zł1.13 Billion zł500.76 Million ▲ +9.8%
2018 0.51x zł574.17 Million zł1.13 Billion zł558.57 Million ▼ -46.9%
2016 0.96x zł7.98 Billion zł8.36 Billion zł375.63 Million ▲ +0.4%
2015 0.95x zł6.70 Billion zł7.05 Billion zł342.94 Million ▲ +98.8%
2014 0.48x zł230.62 Million zł481.92 Million zł251.30 Million ▼ -48.3%
2012 0.92x zł3.28 Billion zł3.55 Billion zł266.85 Million ▲ +14.5%
2011 0.81x zł1.29 Billion zł1.59 Billion zł306.24 Million ▲ +41.2%
2004 0.57x zł271.92 Million zł475.34 Million zł203.41 Million ▼ -38.5%
2003 0.93x zł2.27 Billion zł2.44 Billion zł172.06 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).