Heineken Holding NV (HEIO) — 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. Explore Heineken Holding NV long-term investment allocation 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
Heineken Holding NV Cash Flow Quality Index (2004–2025)
Historical Cash Flow Quality Index for Heineken Holding NV across 21 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Heineken Holding NV tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Heineken Holding NV (2004–2025)
Year-by-year earnings quality comparison for Heineken Holding NV. For live market cap and the full company financial profile, see HEIO company net worth.
| 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 | — |