Harvey Norman Holdings Ltd (HVN) — Cash Flow Quality Index
Harvey Norman Holdings Ltd (HVN) has a Cash Flow Quality Index of 1.22x as of December 2025. Operating cash flow of AU$392.88 Million exceeds net income of AU$321.91 Million, indicating high earnings quality where cash backs reported profits. Explore HVN long-term asset investment ratio 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
Harvey Norman Holdings Ltd Cash Flow Quality Index (2000–2025)
Historical Cash Flow Quality Index for Harvey Norman Holdings Ltd across 21 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Harvey Norman Holdings Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Harvey Norman Holdings Ltd (2000–2025)
Year-by-year earnings quality comparison for Harvey Norman Holdings Ltd. For live market cap and the full company financial profile, see HVN market cap.
| Year | Quality Index | Operating CF (AUD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.34x | AU$694.30 Million | AU$518.02 Million | ▼ -31.2% |
| 2024 | 1.95x | AU$686.53 Million | AU$352.45 Million | ▲ +54.5% |
| 2023 | 1.26x | AU$680.26 Million | AU$539.52 Million | ▲ +71.3% |
| 2022 | 0.74x | AU$597.30 Million | AU$811.53 Million | ▲ +13.9% |
| 2021 | 0.65x | AU$543.87 Million | AU$841.41 Million | ▼ -70.6% |
| 2020 | 2.20x | AU$1.06 Billion | AU$480.54 Million | ▲ +137.3% |
| 2019 | 0.93x | AU$372.85 Million | AU$402.32 Million | ▼ -23.4% |
| 2018 | 1.21x | AU$454.17 Million | AU$375.38 Million | ▲ +27.8% |
| 2017 | 0.95x | AU$425.14 Million | AU$448.98 Million | ▼ -24.6% |
| 2016 | 1.26x | AU$437.69 Million | AU$348.61 Million | ▼ -1.1% |
| 2015 | 1.27x | AU$340.45 Million | AU$268.10 Million | ▼ -20.7% |
| 2014 | 1.60x | AU$338.94 Million | AU$211.69 Million | ▼ -4.8% |
| 2013 | 1.68x | AU$239.22 Million | AU$142.21 Million | ▲ +44.4% |
| 2012 | 1.17x | AU$200.94 Million | AU$172.47 Million | ▼ -18.1% |
| 2011 | 1.42x | AU$358.97 Million | AU$252.25 Million | ▼ -14.9% |
| 2010 | 1.67x | AU$386.87 Million | AU$231.41 Million | ▼ -19.0% |
| 2009 | 2.06x | AU$442.50 Million | AU$214.35 Million | ▲ +155.6% |
| 2008 | 0.81x | AU$289.45 Million | AU$358.45 Million | ▼ -26.0% |
| 2007 | 1.09x | AU$444.43 Million | AU$407.25 Million | ▲ +56.8% |
| 2006 | 0.70x | AU$159.76 Million | AU$229.56 Million | ▼ -36.5% |
| 2000 | 1.10x | AU$121.87 Million | AU$111.27 Million | — |