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 0.157x as of March 2026. 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$11.15 Billion ≈ $7.89 Billion USD) by net assets (AU$71.07 Billion ≈ $50.29 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see Westpac Banking Corporation (WBC) total market value for the company's overall valuation and market capitalisation.
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.
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. Explore WBC cash flow quality score to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Monster Beverage Corp
NASDAQ:MNST
|
0.054x |
|
Marsh & McLennan Companies, Inc.
NYSE:MRSH
|
0.141x |
|
Brookfield Corporation
TO:BN
|
0.018x |
|
National Australia Bank Ltd
AU:NAB
|
0.165x |
|
Ping An Insurance Group Co of China Ltd
SHG:601318
|
0.001x |
|
Suncor Energy Inc
TO:SU
|
0.117x |
|
Medtronic PLC
XETRA:2M6
|
0.051x |
|
MercadoLibre Inc.
NASDAQ:MELI
|
0.285x |
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. View WBC share price today for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-09-30 | AU$73.09 Billion ≈ $51.72 Billion |
AU$13.93 Billion ≈ $9.85 Billion |
0.191x | +1571.24% |
| 2024-09-30 | AU$72.05 Billion ≈ $50.98 Billion |
AU$-933.00 Million ≈ $-660.16 Million |
-0.013x | +97.35% |
| 2023-09-30 | AU$72.54 Billion ≈ $51.33 Billion |
AU$-35.49 Billion ≈ $-25.11 Billion |
-0.489x | -90.58% |
| 2022-09-30 | AU$70.51 Billion ≈ $49.89 Billion |
AU$-18.10 Billion ≈ $-12.81 Billion |
-0.257x | -211.00% |
| 2021-09-30 | AU$72.09 Billion ≈ $51.01 Billion |
AU$16.67 Billion ≈ $11.80 Billion |
0.231x | -47.06% |
| 2020-09-30 | AU$68.07 Billion ≈ $48.17 Billion |
AU$29.74 Billion ≈ $21.04 Billion |
0.437x | +377.71% |
| 2019-09-30 | AU$65.51 Billion ≈ $46.35 Billion |
AU$5.99 Billion ≈ $4.24 Billion |
0.091x | +242.03% |
| 2018-09-30 | AU$64.57 Billion ≈ $45.69 Billion |
AU$-4.16 Billion ≈ $-2.94 Billion |
-0.064x | -10.62% |
| 2017-12-31 | AU$77.39 Billion ≈ $54.76 Billion |
AU$-4.50 Billion ≈ $-3.19 Billion |
-0.058x | -111.39% |
| 2017-10-31 | AU$57.27 Billion ≈ $40.52 Billion |
AU$29.27 Billion ≈ $20.71 Billion |
0.511x | +254.98% |
| 2017-09-30 | AU$61.34 Billion ≈ $43.40 Billion |
AU$-20.23 Billion ≈ $-14.31 Billion |
-0.330x | -565.81% |
| 2016-12-31 | AU$76.05 Billion ≈ $53.81 Billion |
AU$5.38 Billion ≈ $3.81 Billion |
0.071x | -81.28% |
| 2016-10-31 | AU$52.99 Billion ≈ $37.49 Billion |
AU$20.04 Billion ≈ $14.18 Billion |
0.378x | +166.12% |
| 2016-09-30 | AU$58.18 Billion ≈ $41.17 Billion |
AU$-33.27 Billion ≈ $-23.54 Billion |
-0.572x | -863.41% |
| 2015-12-31 | AU$75.18 Billion ≈ $53.20 Billion |
AU$-4.46 Billion ≈ $-3.16 Billion |
-0.059x | -115.28% |
| 2015-10-31 | AU$47.50 Billion ≈ $33.61 Billion |
AU$18.46 Billion ≈ $13.06 Billion |
0.389x | +331.07% |
| 2015-09-30 | AU$53.91 Billion ≈ $38.15 Billion |
AU$-9.07 Billion ≈ $-6.42 Billion |
-0.168x | -1197.92% |
| 2014-12-31 | AU$70.90 Billion ≈ $50.17 Billion |
AU$1.09 Billion ≈ $768.41 Million |
0.015x | +112.90% |
| 2014-09-30 | AU$49.34 Billion ≈ $34.91 Billion |
AU$-5.86 Billion ≈ $-4.14 Billion |
-0.119x | -264.80% |
| 2013-09-30 | AU$47.54 Billion ≈ $33.64 Billion |
AU$3.42 Billion ≈ $2.42 Billion |
0.072x | +143.82% |
| 2012-09-30 | AU$65.91 Billion ≈ $46.63 Billion |
AU$-10.84 Billion ≈ $-7.67 Billion |
-0.164x | +40.05% |
| 2011-09-30 | AU$43.81 Billion ≈ $31.00 Billion |
AU$-12.01 Billion ≈ $-8.50 Billion |
-0.274x | -2450.86% |
| 2010-09-30 | AU$40.12 Billion ≈ $28.39 Billion |
AU$468.00 Million ≈ $331.14 Million |
0.012x | -97.95% |
| 2009-09-30 | AU$36.57 Billion ≈ $25.88 Billion |
AU$20.76 Billion ≈ $14.69 Billion |
0.568x | +204.64% |
| 2008-09-30 | AU$19.77 Billion ≈ $13.99 Billion |
AU$-10.73 Billion ≈ $-7.59 Billion |
-0.543x | -658.74% |
| 2007-09-30 | AU$17.83 Billion ≈ $12.62 Billion |
AU$-1.27 Billion ≈ $-902.14 Million |
-0.072x | -11.97% |
| 2006-09-30 | AU$16.10 Billion ≈ $11.39 Billion |
AU$-1.03 Billion ≈ $-727.38 Million |
-0.064x | -124.09% |
| 2005-09-30 | AU$17.24 Billion ≈ $12.20 Billion |
AU$4.57 Billion ≈ $3.23 Billion |
0.265x | -21.25% |
| 2004-09-30 | AU$16.31 Billion ≈ $11.54 Billion |
AU$5.49 Billion ≈ $3.89 Billion |
0.337x | -22.65% |
| 2003-09-30 | AU$14.00 Billion ≈ $9.90 Billion |
AU$6.09 Billion ≈ $4.31 Billion |
0.435x | +20.97% |
| 2002-09-30 | AU$10.47 Billion ≈ $7.41 Billion |
AU$3.77 Billion ≈ $2.67 Billion |
0.360x | -4.36% |
| 2001-09-30 | AU$9.71 Billion ≈ $6.87 Billion |
AU$3.65 Billion ≈ $2.58 Billion |
0.376x | +60.56% |
| 2000-09-30 | AU$9.26 Billion ≈ $6.55 Billion |
AU$2.17 Billion ≈ $1.54 Billion |
0.234x | +320.68% |
| 1999-09-30 | AU$9.00 Billion ≈ $6.37 Billion |
AU$501.19 Million ≈ $354.62 Million |
0.056x | -75.88% |
| 1998-09-30 | AU$8.62 Billion ≈ $6.10 Billion |
AU$1.99 Billion ≈ $1.41 Billion |
0.231x | +38053.36% |
| 1997-09-30 | AU$8.20 Billion ≈ $5.80 Billion |
AU$4.96 Million ≈ $3.51 Million |
0.001x | -99.58% |
| 1996-09-30 | AU$7.91 Billion ≈ $5.60 Billion |
AU$1.13 Billion ≈ $803.08 Million |
0.143x | -65.73% |
| 1994-09-30 | AU$7.30 Billion ≈ $5.16 Billion |
AU$3.05 Billion ≈ $2.16 Billion |
0.419x | +175.84% |
| 1993-09-30 | AU$7.15 Billion ≈ $5.06 Billion |
AU$1.08 Billion ≈ $767.66 Million |
0.152x | -57.77% |
| 1992-09-30 | AU$6.65 Billion ≈ $4.70 Billion |
AU$2.39 Billion ≈ $1.69 Billion |
0.359x | +446.49% |
| 1991-09-30 | AU$7.25 Billion ≈ $5.13 Billion |
AU$476.71 Million ≈ $337.30 Million |
0.066x | -86.92% |
| 1990-09-30 | AU$6.88 Billion ≈ $4.87 Billion |
AU$3.46 Billion ≈ $2.45 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