Astrazeneca (AZN) Free Cash Flow (2009 - 2026)
Astrazeneca (AZN) posted Free Cash Flow of $5.34 billion for Q2 2026, down 1.7% from $5.43 billion a year earlier but up 9.6% from the prior quarter.
Astrazeneca (AZN) Free Cash Flow (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Free Cash Flow at Astrazeneca was $21.4 billion, up 7.5% year-over-year; for FY2025, it came in at $21.55 billion, up 20.7% from FY2024.
- Annual Free Cash Flow has increased for seven consecutive years, with a five-year compound annual growth rate of 21.7% (FY2020 to FY2025).
- In prior years, Astrazeneca's Free Cash Flow was $17.85 billion in FY2024 (+17.8%), $15.15 billion in FY2023 (+13.3%), $13.37 billion in FY2022 (+40.5%) and $9.52 billion in FY2021 (+18.2%).
- Quarterly Free Cash Flow has run from a low of $2.47 billion in Q2 2022 to a high of $6.91 billion in Q3 2025 over five years.
- On a year-over-year basis, Free Cash Flow has declined in each of the last three quarters, with growth averaging 13.6% over the last six quarters.
- The strongest year-over-year quarter for Free Cash Flow in the past five years was Q2 2024, with growth of 51.3%; the weakest was Q4 2021, with a decline of 8.6%.
- According to Business Quant data, Free Cash Flow for the three prior quarters was $4.87 billion (Q1 2026), $4.28 billion (Q4 2025) and $6.91 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,199.50 Bn | 1,168.08 Bn | 19.71 Bn | 7.76 Bn |
| 2 | Johnson & Johnson | 635.17 Bn | 555.03 Bn | 17.30 Bn | 6.36 Bn |
| 3 | AbbVie | 504.69 Bn | 477.85 Bn | 12.70 Bn | 3.11 Bn |
| 4 | Merck | 358.43 Bn | 312.86 Bn | 12.21 Bn | 4.48 Bn |
| 5 | Novartis Ag | 288.36 Bn | 252.75 Bn | 11.24 Bn | 5.56 Bn |
| 6 | Astrazeneca | 265.78 Bn | 239.54 Bn | 12.86 Bn | 1.01 Bn |
| 7 | Amgen | 237.46 Bn | 192.86 Bn | 7.24 Bn | 3.49 Bn |
| 8 | Gilead Sciences | 193.65 Bn | 167.76 Bn | 6.22 Bn | 3.43 Bn |
| 9 | Pfizer | 171.05 Bn | 118.00 Bn | 10.94 Bn | 302.00 Mn |
| 10 | Vertex Pharmaceuticals | 132.74 Bn | 104.74 Bn | 2.84 Bn | 1.01 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.01 Bn |
| Mar 31, 2026 | 3.91 Bn |
| Dec 31, 2025 | -2.24 Bn |
| Sep 30, 2025 | 8.00 Bn |
| Jun 30, 2025 | 1.87 Bn |
| Mar 31, 2025 | 4.14 Bn |
| Dec 31, 2024 | -233.00 Mn |
| Sep 30, 2024 | 5.40 Bn |
| Jun 30, 2024 | 1.87 Bn |
| Mar 31, 2024 | 2.90 Bn |
| Jun 30, 2023 | 954.00 Mn |
| Mar 31, 2023 | 3.38 Bn |
| Jun 30, 2022 | 557.00 Mn |
| Mar 31, 2022 | 3.45 Bn |
| Dec 31, 2021 | -441.00 Mn |
| Sep 30, 2021 | 3.00 Bn |
| Jun 30, 2021 | 164.00 Mn |
| Mar 31, 2021 | 2.15 Bn |
| Dec 31, 2020 | 239.00 Mn |
| Sep 30, 2020 | 2.79 Bn |
Astrazeneca Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=AZN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "AZN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=AZN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();