Volkswagen AG (VOW) — Free Cash Flow Generation Index

Latest as of June 2026: -6.31x

Volkswagen AG (VOW) has a Free Cash Flow Generation Index of -6.31x as of June 2026. Free cash flow of €-4.14 Billion represents -6% of operating cash flow (€657.00 Million). Explore VOW capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

-6.31x
Free Cash Flow / Operating CF

Free Cash Flow

€-4.14 Billion
EUR

Operating Cash Flow

€657.00 Million
EUR

Capital Expenditures

€4.80 Billion
EUR

Volkswagen AG Free Cash Flow Generation Index (2000–2025)

Historical FCF Generation Index trend for Volkswagen AG across 25 annual periods. For the full cash flow conversion analysis, see Volkswagen AG (VOW) cash flow conversion.

Annual Free Cash Flow Generation for Volkswagen AG (2000–2025)

Year-by-year Free Cash Flow Generation Index for Volkswagen AG. Check Volkswagen AG total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (EUR) Operating CF Capital Expenditures YoY Change
2025 -0.62x €-9.34 Billion €15.01 Billion €24.35 Billion ▼ -3.6%
2024 -0.60x €-10.29 Billion €17.15 Billion €27.45 Billion ▼ -80.4%
2023 -0.33x €-6.44 Billion €19.36 Billion €25.80 Billion ▼ -262.7%
2022 0.20x €5.83 Billion €28.50 Billion €22.67 Billion ▼ -60.8%
2021 0.52x €20.14 Billion €38.63 Billion €18.50 Billion ▲ +81.4%
2020 0.29x €7.16 Billion €24.90 Billion €17.75 Billion ▲ +464.4%
2019 -0.08x €-1.42 Billion €17.98 Billion €19.40 Billion ▲ +95.1%
2018 -1.61x €-11.69 Billion €7.27 Billion €18.96 Billion ▼ -60.1%
2016 -1.00x €-9.47 Billion €9.43 Billion €18.90 Billion ▼ -201.6%
2015 -0.33x €-4.55 Billion €13.68 Billion €18.23 Billion ▲ +38.4%
2014 -0.54x €-5.83 Billion €10.78 Billion €16.61 Billion ▼ -142.2%
2013 -0.22x €-2.81 Billion €12.60 Billion €15.41 Billion ▲ +72.7%
2012 -0.82x €-5.90 Billion €7.21 Billion €13.11 Billion ▼ -455.1%
2011 -0.15x €-1.25 Billion €8.50 Billion €9.75 Billion ▼ -141.9%
2010 0.35x €4.03 Billion €11.46 Billion €7.42 Billion ▼ -7.2%
2009 0.38x €4.83 Billion €12.74 Billion €7.91 Billion ▲ +175.6%
2008 -0.50x €-1.35 Billion €2.70 Billion €12.15 Billion ▼ -215.2%
2007 0.44x €6.82 Billion €15.66 Billion €8.85 Billion ▼ -6.5%
2006 0.47x €6.74 Billion €14.47 Billion €7.73 Billion ▲ +150.0%
2005 0.19x €1.99 Billion €10.71 Billion €8.82 Billion ▼ -14.7%
2004 0.22x €2.50 Billion €11.46 Billion €8.99 Billion ▲ +1174.9%
2003 -0.02x €-170.00 Million €8.37 Billion €8.89 Billion ▼ -118.1%
2002 0.11x €1.17 Billion €10.46 Billion €9.29 Billion ▼ -9.3%
2001 0.12x €1.24 Billion €10.04 Billion €8.80 Billion ▼ -37.5%
2000 0.20x €1.82 Billion €9.21 Billion €7.39 Billion
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).