Tencent (TCEHY) FCF conversion US GAAP (year values)

FY2021 FY2022 FY2023 FY2024 FY2025   LTM ? 5 years average
FCF conversion, % 36.0% 70.9% 94.9% 70.6% 62.9%   16.0%  
Changes by years, y/y, % -17pp +35pp +24pp -24pp -8pp     +67%

Tencent. FCF conversion, %

Tencent. FCF conversion, changes, pp

Tencent (TCEHY) FCF conversion US GAAP (quarter values)

FY2025Q2 FY2025Q3 FY2025Q4 FY2026Q1 FY2026Q2   LTM ?
FCF conversion, % 66.7% 81.6% 50.7% 76.9% 5.84%   16.0%
Changes by years, y/y, % -34pp -3pp -5pp -3pp -61pp    
Changes by quarters, q/q, % -13pp +15pp -31pp +26pp -71pp    

Tencent. FCF conversion, %

Tencent. FCF conversion, changes, pp

Tencent. FCF conversion, changes, pp