Heineken Cash Flow Quality Index
Heineken cash flow quality index. Heineken (HEIA) has a Cash Flow Quality Index of 2.21x as of June 2026. Operating cash flow of €2.48 Billion exceeds net income of €1.12 Billion, indicating high earnings quality where cash backs reported profits. Explore Heineken (HEIA) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Heineken (1999–2025)
Cash flow quality index of Heineken from 1999 to 2025. Historical Cash Flow Quality Index for Heineken across 26 annual periods. Values consistently above 1.0x indicate high-quality earnings. See Heineken (HEIA) balance sheet quality index to measure how much of total assets are equity-financed.
Heineken Cash Flow Quality Index by Year (1999–2025)
Heineken cash flow quality index by year from 1999 to 2025. Year-by-year earnings quality comparison for Heineken. For the full cash flow conversion analysis, see how efficiently does Heineken generate cash.
| Year | Quality Index | Operating CF (EUR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.34x | €5.01 Billion | €2.14 Billion | ▼ -50.5% |
| 2024 | 4.74x | €5.50 Billion | €1.16 Billion | ▲ +146.5% |
| 2023 | 1.92x | €4.43 Billion | €2.30 Billion | ▲ +14.7% |
| 2022 | 1.68x | €4.50 Billion | €2.68 Billion | ▲ +33.3% |
| 2021 | 1.26x | €4.18 Billion | €3.32 Billion | ▼ -37.2% |
| 2019 | 2.00x | €4.34 Billion | €2.17 Billion | ▼ -12.7% |
| 2018 | 2.29x | €4.39 Billion | €1.91 Billion | ▲ +14.3% |
| 2017 | 2.01x | €3.88 Billion | €1.94 Billion | ▼ -16.9% |
| 2016 | 2.41x | €3.72 Billion | €1.54 Billion | ▲ +30.9% |
| 2015 | 1.84x | €3.49 Billion | €1.89 Billion | ▼ -8.6% |
| 2014 | 2.02x | €3.06 Billion | €1.52 Billion | ▼ -5.6% |
| 2013 | 2.14x | €2.91 Billion | €1.36 Billion | ▲ +146.5% |
| 2012 | 0.87x | €2.69 Billion | €3.11 Billion | ▼ -53.5% |
| 2011 | 1.87x | €2.91 Billion | €1.56 Billion | ▲ +10.1% |
| 2010 | 1.69x | €2.66 Billion | €1.57 Billion | ▼ -18.7% |
| 2009 | 2.08x | €2.38 Billion | €1.14 Billion | ▼ -56.5% |
| 2008 | 4.78x | €1.66 Billion | €347.00 Million | ▲ +168.8% |
| 2007 | 1.78x | €1.73 Billion | €972.00 Million | ▲ +29.5% |
| 2006 | 1.37x | €1.85 Billion | €1.34 Billion | ▼ -44.1% |
| 2005 | 2.46x | €1.87 Billion | €761.00 Million | ▲ +3.4% |
| 2004 | 2.38x | €1.28 Billion | €537.00 Million | ▲ +15.9% |
| 2003 | 2.05x | €1.64 Billion | €798.00 Million | ▲ +48.5% |
| 2002 | 1.38x | €1.18 Billion | €857.00 Million | ▼ -9.0% |
| 2001 | 1.52x | €1.17 Billion | €767.00 Million | ▼ -8.9% |
| 2000 | 1.67x | €1.03 Billion | €621.00 Million | ▼ -8.1% |
| 1999 | 1.81x | €936.00 Million | €516.00 Million | — |