Henkel AG & Co. KGaA

HENOFOTCConsumer Defensive● Active

$74.64

$-3.03(-3.90%)

Market Cap$30.9B

P/E Ratio—

52W High$98

52W Low$72.54

Avg Volume36

Open$74.64

Beta0.58

Free Cash Flow Financials Revenue

Henkel AG & Co. KGaA (HENOF) Free Cash Flow & Analysis

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

HENOF · free cash flow · updated Jun 8, 2026

Core FCF metrics

HENOF · FCF · TTM · margin & CAGR

Free cash flow was $1.82B for FY2025 (fiscal year ending 2025-12-31), down 26.9% year-over-year The FCF margin was 8.9%. Five-year CAGR stands at -5.1%.

FY2025 Free Cash Flow$1.82B▼ -26.9% YoY

Trailing 12M (TTM)$4.31Btrailing 4 quarters sum

FCF Margin8.9%$1.82B ÷ revenue

3-Year CAGR+40.7%FY2022 → FY2025

5-Year CAGR-5.1%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

HENOF · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$2.52B(693M)$1.82B▼ 26.9%8.9%

FY2024$3.12B(626M)$2.49B▼ 5.8%11.6%

FY2023$3.25B(608M)$2.65B▲ +304.7%12.3%

FY2022$1.25B(593M)$654.0M▼ 56.2%2.9%

FY2021$2.14B(647M)$1.49B▼ 36.8%7.5%

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

FCF valuation metrics

HENOF · P/FCF · FCF yield · FCF per share

Henkel AG & Co. KGaA (HENOF) trades at a FCF yield of 6.61% and a price-to-free-cash-flow ratio of 7.2x. FCF per share stands at $10.41, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

6.61%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$10.41

TTM FCF ÷ Shares Outstanding

Price / FCF

x7.2

Share Price ÷ FCF per Share

EV / FCF (TTM)

x15.7

Enterprise Value basis

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

Cash flow statement summary

HENOF · cash flow statement · operating / investing / financing

For FY2025, Henkel AG & Co. KGaA generated $2.52B in operating cash flow and spent 693M in capital expenditures, yielding $1.82B in free cash flow.

Operating Activities

+$2.52B

Cash from core business operations

2025-12-31

Investing Activities

−$400.8M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$2.18B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($2.52B) − |CapEx| (693M) = FCF ($1.82B)

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

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Defensive)

HENOF vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Henkel AG & Co. KGaAYOU

HENOF

$1.82B-26.9%8.9%

12%

The Procter & Gamble Company

$14.04B-15.0%16.7%

94%

Philip Morris International Inc.

$10.66B-1.0%26.2%

71%

Costco Wholesale Corporation

COST

$7.84B+18.2%2.8%

53%

The Coca-Cola Company

$5.30B+11.7%11.0%

35%

Consumer Defensive · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Henkel AG & Co. KGaA (HENOF) reported free cash flow of $1.82B for FY2025 (fiscal year ending 2025-12-31), down 26.9% year-over-year. The FCF margin was 8.9%.

Based on available data, Henkel AG & Co. KGaA has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $2.65B in FY2023. The 5-year CAGR stands at -5.1%.

Henkel AG & Co. KGaA's FCF yield is 6.61% and price-to-FCF ratio is 7.2x 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

HENOF free cash flow · 8 questions

Henkel AG & Co. KGaA free cash flow was $1.82B for FY2025, down 26.9% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $4.31B.

HENOF free cash flowHENOF FCFHENOF FCF 2025HENOF free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Henkel AG & Co. KGaA · Henkel AG & Co. KGaA SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026