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 GLPG operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
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. For the full cash flow conversion analysis, see Galapagos N.V. cash conversion from operations.
Annual Cash Flow Quality Index for Galapagos N.V. (2009–2025)
Year-by-year earnings quality comparison for Galapagos N.V..
| 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 | — |