Heineken Holding NV Cash Flow Quality Index
Heineken Holding NV cash flow quality index. Heineken Holding NV (HEIO) has a Cash Flow Quality Index of 5.81x as of December 2025. Operating cash flow of €3.32 Billion exceeds net income of €572.00 Million, indicating high earnings quality where cash backs reported profits. See HEIO financial flexibility score to measure the company's free cash flow as a share of total liabilities.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Heineken Holding NV (2004–2025)
Cash flow quality index of Heineken Holding NV from 2004 to 2025. Historical Cash Flow Quality Index for Heineken Holding NV across 21 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore how well can Heineken Holding NV service its debt to assess how comfortably operating cash covers total debt obligations.
Heineken Holding NV Cash Flow Quality Index by Year (2004–2025)
Heineken Holding NV cash flow quality index by year from 2004 to 2025. Year-by-year earnings quality comparison for Heineken Holding NV. For the full cash flow conversion analysis, see Heineken Holding NV cash flow conversion.
| 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 | ▲ +156.9% |
| 2023 | 1.85x | €4.43 Billion | €2.40 Billion | ▲ +24.7% |
| 2022 | 1.48x | €4.50 Billion | €3.04 Billion | ▲ +25.1% |
| 2021 | 1.18x | €4.18 Billion | €3.54 Billion | ▼ -35.3% |
| 2019 | 1.83x | €4.34 Billion | €2.37 Billion | ▼ -12.8% |
| 2018 | 2.09x | €4.39 Billion | €2.10 Billion | ▲ +16.2% |
| 2017 | 1.80x | €3.88 Billion | €2.15 Billion | ▼ -15.7% |
| 2016 | 2.14x | €3.72 Billion | €1.74 Billion | ▲ +31.2% |
| 2015 | 1.63x | €3.49 Billion | €2.14 Billion | ▼ -9.0% |
| 2014 | 1.79x | €3.06 Billion | €1.71 Billion | ▼ -2.5% |
| 2013 | 1.84x | €2.91 Billion | €1.59 Billion | ▲ +111.8% |
| 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 | ▲ +11.7% |
| 2007 | 4.28x | €1.73 Billion | €404.00 Million | ▲ +40.3% |
| 2006 | 3.05x | €1.85 Billion | €606.00 Million | ▼ -37.9% |
| 2005 | 4.91x | €1.87 Billion | €381.00 Million | ▲ +216.9% |
| 2004 | 1.55x | €1.61 Billion | €1.04 Billion | — |