Galapagos N.V. (GLPG) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.022x

Based on the latest financial reports, Galapagos N.V. (GLPG) has a cash flow conversion efficiency ratio of -0.022x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€-62.61 Million ≈ $-73.19 Million USD) by net assets (€2.88 Billion ≈ $3.36 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Galapagos N.V. - Cash Flow Conversion Efficiency Trend (2004–2024)

This chart illustrates how Galapagos N.V.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Galapagos N.V. total liabilities for a breakdown of total debt and financial obligations.

Galapagos N.V. Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Galapagos N.V. ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Zhengzhou GL Tech Co Ltd SHE:300480	-0.004x
NFI Group Inc TO:NFI	0.202x
Suzhou Victory Precision Manufacture Co Ltd SHE:002426	0.002x
Calibre Mining Corp TO:CXB	0.053x
Guangzhou Kingmed Diagnostics Group Co Ltd SHG:603882	0.047x
Sanquan Food Co Ltd SHE:002216	0.057x
Hunan Corun New Energy Co Ltd SHG:600478	0.004x
Hugel Inc KQ:145020	0.066x

Annual Cash Flow Conversion Efficiency for Galapagos N.V. (2004–2024)

The table below shows the annual cash flow conversion efficiency of Galapagos N.V. from 2004 to 2024. For the full company profile with market capitalisation and key ratios, see Galapagos N.V. market cap and net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	€2.90 Billion ≈ $3.39 Billion	€-320.03 Million ≈ $-374.14 Million	-0.110x	+23.93%
2023-12-31	€2.80 Billion ≈ $3.27 Billion	€-405.97 Million ≈ $-474.62 Million	-0.145x	+26.71%
2022-12-31	€2.53 Billion ≈ $2.95 Billion	€-500.54 Million ≈ $-585.19 Million	-0.198x	-3.96%
2021-12-31	€2.64 Billion ≈ $3.09 Billion	€-503.83 Million ≈ $-589.03 Million	-0.191x	-19.10%
2020-12-31	€2.67 Billion ≈ $3.12 Billion	€-427.34 Million ≈ $-499.60 Million	-0.160x	-114.34%
2019-12-31	€2.88 Billion ≈ $3.36 Billion	€3.21 Billion ≈ $3.75 Billion	1.116x	+1050.99%
2018-12-31	€1.21 Billion ≈ $1.42 Billion	€-142.47 Million ≈ $-166.56 Million	-0.117x	+19.24%
2017-12-31	€1.01 Billion ≈ $1.18 Billion	€-147.03 Million ≈ $-171.89 Million	-0.145x	-146.04%
2016-12-31	€758.70 Million ≈ $887.00 Million	€239.40 Million ≈ $279.89 Million	0.316x	+200.51%
2015-12-31	€365.00 Million ≈ $426.72 Million	€-114.59 Million ≈ $-133.97 Million	-0.314x	+14.35%
2014-12-31	€206.13 Million ≈ $240.99 Million	€-75.56 Million ≈ $-88.33 Million	-0.367x	-11835.82%
2013-12-31	€167.14 Million ≈ $195.40 Million	€522.00K ≈ $610.27K	0.003x	-99.42%
2012-12-31	€118.45 Million ≈ $138.48 Million	€64.10 Million ≈ $74.94 Million	0.541x	+634.28%
2011-12-31	€118.38 Million ≈ $138.39 Million	€-11.99 Million ≈ $-14.02 Million	-0.101x	+19.01%
2010-12-31	€148.51 Million ≈ $173.62 Million	€-18.57 Million ≈ $-21.71 Million	-0.125x	-316.03%
2009-12-31	€108.88 Million ≈ $127.29 Million	€6.30 Million ≈ $7.37 Million	0.058x	+159.47%
2008-12-31	€84.32 Million ≈ $98.58 Million	€-8.21 Million ≈ $-9.60 Million	-0.097x	-2687.95%
2007-12-31	€98.63 Million ≈ $115.30 Million	€371.00K ≈ $433.74K	0.004x	+104.43%
2006-12-31	€109.54 Million ≈ $128.07 Million	€-9.31 Million ≈ $-10.88 Million	-0.085x	-33.68%
2005-12-31	€61.14 Million ≈ $71.47 Million	€-3.89 Million ≈ $-4.54 Million	-0.064x	+75.68%
2004-12-31	€10.37 Million ≈ $12.12 Million	€-2.71 Million ≈ $-3.17 Million	-0.261x	--

About Galapagos N.V.

AS:GLPG Netherlands Biotechnology

Market Cap

$1.86 Billion

€1.59 Billion EUR

Market Cap Rank

#6546 Global

#47 in Netherlands

Share Price

€24.14

Change (1 day)

+0.67%

52-Week Range

€22.56 - €31.84

All Time High

€249.50