Tele2 AB (publ)

TLTZFOTCCommunication Services● Active

$20.98

+$0.00(+0.00%)

Market Cap$14.3B

P/E Ratio—

52W High$20.98

52W Low$11.5

Avg Volume32

Open$20.98

Beta0.32

Free Cash Flow Financials Revenue

Tele2 AB (publ) (TLTZF) Free Cash Flow & Analysis

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

TLTZF · free cash flow · updated Jun 9, 2026

Core FCF metrics

TLTZF · FCF · TTM · margin & CAGR

Free cash flow was $7.63B for FY2025 (fiscal year ending 2025-12-31), up 31.3% year-over-year The FCF margin was 25.5%. Five-year CAGR stands at +4.7%.

FY2025 Free Cash Flow$7.63B▲ +31.3% YoY

Trailing 12M (TTM)$7.82Btrailing 4 quarters sum

FCF Margin25.5%$7.63B ÷ revenue

3-Year CAGR+17.8%FY2022 → FY2025

5-Year CAGR+4.7%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 9, 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

TLTZF · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$11.34B(3.72B)$7.63B▲ +31.3%25.5%

FY2024$9.78B(3.97B)$5.81B▼ 2.6%19.6%

FY2023$10.01B(4.06B)$5.96B▲ +27.7%20.5%

FY2022$8.25B(3.58B)$4.67B▼ 33.0%16.6%

FY2021$10.30B(3.33B)$6.97B▲ +14.9%26.0%

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

FCF valuation metrics

TLTZF · P/FCF · FCF yield · FCF per share

Tele2 AB (publ) (TLTZF) trades at a FCF yield of 6.51% and a price-to-free-cash-flow ratio of 1.9x. FCF per share stands at $11.29, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

6.51%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$11.29

TTM FCF ÷ Shares Outstanding

Price / FCF

x1.9

Share Price ÷ FCF per Share

EV / FCF (TTM)

x18.5

Enterprise Value basis

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

Cash flow statement summary

TLTZF · cash flow statement · operating / investing / financing

For FY2025, Tele2 AB (publ) generated $11.34B in operating cash flow and spent 3.72B in capital expenditures, yielding $7.63B in free cash flow.

Operating Activities

+$11.34B

Cash from core business operations

2025-12-31

Investing Activities

−$3.67B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$7.72B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($11.34B) − |CapEx| (3.72B) = FCF ($7.63B)

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

View Full Cash Flow Statement →

Free cash flow vs peers (Communication Services)

TLTZF vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Tele2 AB (publ)YOU

TLTZF

$7.63B+31.3%25.5%

10%

About Free Cash Flow & Methodology

Tele2 AB (publ) (TLTZF) reported free cash flow of $7.63B for FY2025 (fiscal year ending 2025-12-31), up 31.3% year-over-year. The FCF margin was 25.5%.

Based on available data, Tele2 AB (publ) has maintained positive free cash flow for at least 14 fiscal year(s). FCF peaked at $7.63B in FY2025. The 5-year CAGR stands at +4.7%.

Tele2 AB (publ)'s FCF yield is 6.51% and price-to-FCF ratio is 1.9x 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

TLTZF free cash flow · 8 questions

Tele2 AB (publ) free cash flow was $7.63B for FY2025, up 31.3% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $7.82B.

TLTZF free cash flowTLTZF FCFTLTZF FCF 2025TLTZF free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Tele2 AB (publ) · Tele2 AB (publ) SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026