Free cash flow · 2023–2025

SES free cash flow

$436M−44.5% · FY2025

SES (SGBAF) reported $436M in free cash flow for fiscal 2025, −44.5% year on year.

$3.3B2023$786M2024$436M2025
SES — Free cash flow, 2023–2025
Fiscal yearFree cash flowChangeFiling
FY2025$436M−44.5%Derived
FY2024$786M−76.5%Derived
FY2023$3.3B—Derived

Free cash flow — Free cash flow is operating cash flow minus capital expenditure: what is left once the company has paid to maintain and expand its asset base. We calculate it from two lines in the same filing, and a company is only ranked here if it reported both.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2023–2025 compound annual growth −63.9%

Figures are reported under IFRS in EUR and converted to US dollars at ECB reference rates — fiscal 2025 average 0.885 EUR/$ for income items, year-end 0.851 EUR/$ for balance-sheet items.

Calculated from two reported figures, so it has no single filing of its own.

Free cash flow at companies of similar size

Full ranking by free cash flow →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=SES free cash flow |url=https://companiesranked.com/en/company/ses/free-cash-flow |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). SES free cash flow. CompaniesRanked. https://companiesranked.com/en/company/ses/free-cash-flow

BibTeX

@misc{companiesranked-en-company-ses-free-cash-flow-2026,
  author       = {{CompaniesRanked}},
  title        = {{SES free cash flow}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/ses/free-cash-flow}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

← SES overview