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 cash efficiency ratio of Heineken Holding NV to assess how effectively this company generates cash.
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 how aggressively does Heineken Holding NV reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
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 market cap overview.
| 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 | — |