Orange S.A.

FNCTFOTCCommunication Services● Active

$20.25

$-0.50(-2.41%)

Market Cap$53.8B

P/E Ratio—

52W High$21.5

52W Low$14.41

Avg Volume1K

Open$20.25

Beta0.26

Free Cash Flow Financials Revenue

Orange S.A. (FNCTF) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

FNCTF · free cash flow · updated Jun 8, 2026

Core FCF metrics

FNCTF · FCF · TTM · margin & CAGR

Free cash flow was $3.46B for FY2025 (fiscal year ending 2025-12-31), up 9.1% year-over-year The FCF margin was 8.6%. Five-year CAGR stands at -3.6%.

FY2025 Free Cash Flow$3.46B▲ +9.1% YoY

Trailing 12M (TTM)$6.62Btrailing 4 quarters sum

FCF Margin8.6%$3.46B ÷ revenue

3-Year CAGR+12.0%FY2022 → FY2025

5-Year CAGR-3.6%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

FNCTF · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$10.78B(7.32B)$3.46B▲ +9.1%8.6%

FY2024$10.20B(7.03B)$3.17B▼ 22.6%7.9%

FY2023$12.05B(7.96B)$4.09B▲ +66.5%9.3%

FY2022$11.23B(8.78B)$2.46B▲ +1.8%5.7%

FY2021$11.24B(8.82B)$2.42B▼ 41.8%5.7%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

FNCTF · P/FCF · FCF yield · FCF per share

Orange S.A. (FNCTF) trades at a FCF yield of 7.31% and a price-to-free-cash-flow ratio of 17.2x. FCF per share stands at $1.18, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

7.31%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$1.18

TTM FCF ÷ Shares Outstanding

Price / FCF

x17.2

Share Price ÷ FCF per Share

EV / FCF (TTM)

x24.6

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

FNCTF · cash flow statement · operating / investing / financing

For FY2025, Orange S.A. generated $10.78B in operating cash flow and spent 7.32B in capital expenditures, yielding $3.46B in free cash flow.

Operating Activities

+$10.78B

Cash from core business operations

2025-12-31

Investing Activities

−$6.44B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$876.7M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($10.78B) − |CapEx| (7.32B) = FCF ($3.46B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Communication Services)

FNCTF vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Orange S.A.YOU

FNCTF

$3.46B+9.1%8.6%

About Free Cash Flow & Methodology

Orange S.A. (FNCTF) reported free cash flow of $3.46B for FY2025 (fiscal year ending 2025-12-31), up 9.1% year-over-year. The FCF margin was 8.6%.

Based on available data, Orange S.A. has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $6.17B in FY2011. The 5-year CAGR stands at -3.6%.

Orange S.A.'s FCF yield is 7.31% and price-to-FCF ratio is 17.2x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

FNCTF free cash flow · 8 questions

Orange S.A. free cash flow was $3.46B for FY2025, up 9.1% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $6.62B.

FNCTF free cash flowFNCTF FCFFNCTF FCF 2025FNCTF free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Orange S.A. · Orange S.A. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026