Santos Ltd (STO) — Cash Flow Quality Index
Santos Ltd (STO) has a Cash Flow Quality Index of 2.90x as of December 2025. Operating cash flow of AU$1.12 Billion exceeds net income of AU$385.96 Million, indicating high earnings quality where cash backs reported profits. Explore STO cash flow conversion to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Santos Ltd Cash Flow Quality Index (1997–2025)
Historical Cash Flow Quality Index for Santos Ltd across 24 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check cash flow reinvestment rate of Santos Ltd to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Santos Ltd (1997–2025)
Year-by-year earnings quality comparison for Santos Ltd. For live market cap and the full company financial profile, see STO market cap.
| Year | Quality Index | Operating CF (AUD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 3.12x | AU$2.65 Billion | AU$846.53 Million | ▲ +34.2% |
| 2024 | 2.33x | AU$2.85 Billion | AU$1.22 Billion | ▲ +1.2% |
| 2023 | 2.30x | AU$3.26 Billion | AU$1.42 Billion | ▲ +25.9% |
| 2022 | 1.83x | AU$3.86 Billion | AU$2.11 Billion | ▼ -47.1% |
| 2021 | 3.45x | AU$2.27 Billion | AU$658.00 Million | ▲ +13.7% |
| 2019 | 3.04x | AU$2.05 Billion | AU$674.00 Million | ▼ -14.5% |
| 2018 | 3.55x | AU$2.24 Billion | AU$630.00 Million | ▲ +26.7% |
| 2013 | 2.80x | AU$1.29 Billion | AU$460.20 Million | ▼ -14.6% |
| 2012 | 3.28x | AU$1.77 Billion | AU$539.19 Million | ▲ +93.8% |
| 2011 | 1.69x | AU$1.30 Billion | AU$769.57 Million | ▼ -31.5% |
| 2010 | 2.47x | AU$1.25 Billion | AU$507.80 Million | ▼ -13.0% |
| 2009 | 2.84x | AU$1.11 Billion | AU$389.86 Million | ▲ +128.1% |
| 2008 | 1.25x | AU$1.44 Billion | AU$1.15 Billion | ▼ -54.8% |
| 2007 | 2.76x | AU$1.06 Billion | AU$386.34 Million | ▲ +45.7% |
| 2006 | 1.89x | AU$1.22 Billion | AU$643.40 Million | ▲ +31.6% |
| 2005 | 1.44x | AU$1.10 Billion | AU$762.10 Million | ▲ +3.5% |
| 2004 | 1.39x | AU$475.77 Million | AU$342.60 Million | ▼ -38.1% |
| 2003 | 2.24x | AU$681.77 Million | AU$304.00 Million | ▲ +47.9% |
| 2002 | 1.52x | AU$450.90 Million | AU$297.30 Million | ▲ +114.0% |
| 2001 | 0.71x | AU$315.98 Million | AU$445.90 Million | ▼ -68.4% |
| 2000 | 2.24x | AU$607.29 Million | AU$271.15 Million | ▲ +33.3% |
| 1999 | 1.68x | AU$339.78 Million | AU$202.21 Million | ▼ -32.8% |
| 1998 | 2.50x | AU$268.69 Million | AU$107.51 Million | ▲ +17.7% |
| 1997 | 2.12x | AU$284.94 Million | AU$134.13 Million | — |