Westpac Banking Corporation (WBC) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Westpac Banking Corporation (WBC) has a cash flow conversion efficiency ratio of 0.102x 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 (AU$7.42 Billion) by net assets (AU$73.09 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Westpac Banking Corporation - Cash Flow Conversion Efficiency Trend (1990–2025)
This chart illustrates how Westpac Banking Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Westpac Banking Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Westpac Banking Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Southern Company
NYSE:SO
|
0.099x |
|
Enel SpA
F:ENLA
|
0.085x |
|
CVS Health Corp
NYSE:CVS
|
0.045x |
|
Howmet Aerospace Inc
NYSE MKT:HWM
|
0.122x |
|
Canadian Natural Resources Ltd
NYSE:CNQ
|
0.085x |
|
Western Digital Corporation
NASDAQ:WDC
|
0.101x |
|
Blackstone Group Inc
NYSE:BX
|
0.000x |
|
Prosus N.V.
AS:PRX
|
0.024x |
Annual Cash Flow Conversion Efficiency for Westpac Banking Corporation (1990–2025)
The table below shows the annual cash flow conversion efficiency of Westpac Banking Corporation from 1990 to 2025.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-09-30 | AU$73.09 Billion | AU$13.93 Billion | 0.191x | +1571.24% |
| 2024-09-30 | AU$72.05 Billion | AU$-933.00 Million | -0.013x | +97.35% |
| 2023-09-30 | AU$72.54 Billion | AU$-35.49 Billion | -0.489x | -90.58% |
| 2022-09-30 | AU$70.51 Billion | AU$-18.10 Billion | -0.257x | -211.00% |
| 2021-09-30 | AU$72.09 Billion | AU$16.67 Billion | 0.231x | -47.06% |
| 2020-09-30 | AU$68.07 Billion | AU$29.74 Billion | 0.437x | +377.71% |
| 2019-09-30 | AU$65.51 Billion | AU$5.99 Billion | 0.091x | +242.03% |
| 2018-09-30 | AU$64.57 Billion | AU$-4.16 Billion | -0.064x | -10.62% |
| 2017-12-31 | AU$77.39 Billion | AU$-4.50 Billion | -0.058x | -111.39% |
| 2017-10-31 | AU$57.27 Billion | AU$29.27 Billion | 0.511x | +254.98% |
| 2017-09-30 | AU$61.34 Billion | AU$-20.23 Billion | -0.330x | -565.81% |
| 2016-12-31 | AU$76.05 Billion | AU$5.38 Billion | 0.071x | -81.28% |
| 2016-10-31 | AU$52.99 Billion | AU$20.04 Billion | 0.378x | +166.12% |
| 2016-09-30 | AU$58.18 Billion | AU$-33.27 Billion | -0.572x | -863.41% |
| 2015-12-31 | AU$75.18 Billion | AU$-4.46 Billion | -0.059x | -115.28% |
| 2015-10-31 | AU$47.50 Billion | AU$18.46 Billion | 0.389x | +331.07% |
| 2015-09-30 | AU$53.91 Billion | AU$-9.07 Billion | -0.168x | -1197.92% |
| 2014-12-31 | AU$70.90 Billion | AU$1.09 Billion | 0.015x | +112.90% |
| 2014-09-30 | AU$49.34 Billion | AU$-5.86 Billion | -0.119x | -264.80% |
| 2013-09-30 | AU$47.54 Billion | AU$3.42 Billion | 0.072x | +143.82% |
| 2012-09-30 | AU$65.91 Billion | AU$-10.84 Billion | -0.164x | +40.05% |
| 2011-09-30 | AU$43.81 Billion | AU$-12.01 Billion | -0.274x | -2450.86% |
| 2010-09-30 | AU$40.12 Billion | AU$468.00 Million | 0.012x | -97.95% |
| 2009-09-30 | AU$36.57 Billion | AU$20.76 Billion | 0.568x | +204.64% |
| 2008-09-30 | AU$19.77 Billion | AU$-10.73 Billion | -0.543x | -658.74% |
| 2007-09-30 | AU$17.83 Billion | AU$-1.27 Billion | -0.072x | -11.97% |
| 2006-09-30 | AU$16.10 Billion | AU$-1.03 Billion | -0.064x | -124.09% |
| 2005-09-30 | AU$17.24 Billion | AU$4.57 Billion | 0.265x | -21.25% |
| 2004-09-30 | AU$16.31 Billion | AU$5.49 Billion | 0.337x | -22.65% |
| 2003-09-30 | AU$14.00 Billion | AU$6.09 Billion | 0.435x | +20.97% |
| 2002-09-30 | AU$10.47 Billion | AU$3.77 Billion | 0.360x | -4.36% |
| 2001-09-30 | AU$9.71 Billion | AU$3.65 Billion | 0.376x | +60.56% |
| 2000-09-30 | AU$9.26 Billion | AU$2.17 Billion | 0.234x | +320.68% |
| 1999-09-30 | AU$9.00 Billion | AU$501.19 Million | 0.056x | -75.88% |
| 1998-09-30 | AU$8.62 Billion | AU$1.99 Billion | 0.231x | +38053.36% |
| 1997-09-30 | AU$8.20 Billion | AU$4.96 Million | 0.001x | -99.58% |
| 1996-09-30 | AU$7.91 Billion | AU$1.13 Billion | 0.143x | -65.73% |
| 1994-09-30 | AU$7.30 Billion | AU$3.05 Billion | 0.419x | +175.84% |
| 1993-09-30 | AU$7.15 Billion | AU$1.08 Billion | 0.152x | -57.77% |
| 1992-09-30 | AU$6.65 Billion | AU$2.39 Billion | 0.359x | +446.49% |
| 1991-09-30 | AU$7.25 Billion | AU$476.71 Million | 0.066x | -86.92% |
| 1990-09-30 | AU$6.88 Billion | AU$3.46 Billion | 0.503x | -- |
About Westpac Banking Corporation
Westpac Banking Corporation provides banking and other financial services in Australia, New Zealand, the Pacific Islands, Asia, the Americas, and Europe. It operates through the Consumer, Business & Wealth, Institutional, and New Zealand segments. The company offers bank accounts, home and personal loans, credit cards, international and travel banking services, insurance, superannuation, investme… Read more