Galapagos N.V. (GLPG) — Cash Flow Quality Index
Galapagos N.V. (GLPG) has a Cash Flow Quality Index of -5.66x as of March 2026. Operating cash flow of €-78.61 Million is below net income of €13.89 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Galapagos N.V. strategic investment ratio to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Galapagos N.V. Cash Flow Quality Index (2009–2025)
Historical Cash Flow Quality Index for Galapagos N.V. across 8 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check GLPG tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Galapagos N.V. (2009–2025)
Year-by-year earnings quality comparison for Galapagos N.V.. For live market cap and the full company financial profile, see Galapagos N.V. stock valuation.
| Year | Quality Index | Operating CF (EUR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | -0.62x | €-197.01 Million | €319.49 Million | ▲ +85.7% |
| 2024 | -4.32x | €-320.03 Million | €74.08 Million | ▼ -125.3% |
| 2023 | -1.92x | €-405.97 Million | €211.70 Million | ▼ -109.0% |
| 2019 | 21.41x | €3.21 Billion | €149.84 Million | ▲ +383.1% |
| 2016 | 4.43x | €239.40 Million | €54.01 Million | ▲ +294.8% |
| 2014 | -2.27x | €-75.56 Million | €33.21 Million | ▲ +87.4% |
| 2010 | -18.01x | €-18.57 Million | €1.03 Million | ▼ -574.2% |
| 2009 | 3.80x | €6.30 Million | €1.66 Million | — |