Westpac Banking Corporation Cash Flow Quality Index
Westpac Banking Corporation cash flow quality index. Westpac Banking Corporation (WBC) has a Cash Flow Quality Index of 3.27x as of March 2026. Operating cash flow of AU$11.15 Billion exceeds net income of AU$3.41 Billion, indicating high earnings quality where cash backs reported profits. See Westpac Banking Corporation (WBC) financial flexibility 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 Westpac Banking Corporation (1990–2025)
Cash flow quality index of Westpac Banking Corporation from 1990 to 2025. Historical Cash Flow Quality Index for Westpac Banking Corporation across 41 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore Westpac Banking Corporation cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Westpac Banking Corporation Cash Flow Quality Index by Year (1990–2025)
Westpac Banking Corporation cash flow quality index by year from 1990 to 2025. Year-by-year earnings quality comparison for Westpac Banking Corporation. For the full cash flow conversion analysis, see cash flow conversion of Westpac Banking Corporation.
| Year | Quality Index | Operating CF (AUD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.02x | AU$13.93 Billion | AU$6.91 Billion | ▲ +1609.8% |
| 2024 | -0.13x | AU$-933.00 Million | AU$6.99 Billion | ▲ +97.3% |
| 2023 | -4.93x | AU$-35.49 Billion | AU$7.20 Billion | ▼ -55.2% |
| 2022 | -3.18x | AU$-18.10 Billion | AU$5.69 Billion | ▼ -204.1% |
| 2021 | 3.05x | AU$16.67 Billion | AU$5.46 Billion | ▼ -76.5% |
| 2020 | 12.99x | AU$29.74 Billion | AU$2.29 Billion | ▲ +1370.6% |
| 2019 | 0.88x | AU$5.99 Billion | AU$6.78 Billion | ▲ +271.9% |
| 2018 | -0.51x | AU$-4.16 Billion | AU$8.10 Billion | ▲ +30.3% |
| 2017 | -0.74x | AU$-4.50 Billion | AU$6.11 Billion | ▼ -122.4% |
| 2017 | 3.29x | AU$29.27 Billion | AU$8.90 Billion | ▲ +229.9% |
| 2017 | -2.53x | AU$-20.23 Billion | AU$7.99 Billion | ▼ -381.2% |
| 2016 | 0.90x | AU$5.38 Billion | AU$5.98 Billion | ▼ -64.9% |
| 2016 | 2.57x | AU$20.04 Billion | AU$7.80 Billion | ▲ +157.5% |
| 2016 | -4.47x | AU$-33.27 Billion | AU$7.45 Billion | ▼ -513.6% |
| 2015 | -0.73x | AU$-4.46 Billion | AU$6.13 Billion | ▼ -130.2% |
| 2015 | 2.41x | AU$18.46 Billion | AU$7.66 Billion | ▲ +312.8% |
| 2015 | -1.13x | AU$-9.07 Billion | AU$8.01 Billion | ▼ -461.3% |
| 2014 | 0.31x | AU$1.09 Billion | AU$3.47 Billion | ▲ +140.4% |
| 2014 | -0.77x | AU$-5.86 Billion | AU$7.56 Billion | ▼ -252.7% |
| 2013 | 0.51x | AU$3.42 Billion | AU$6.75 Billion | ▲ +127.8% |
| 2012 | -1.83x | AU$-10.84 Billion | AU$5.94 Billion | ▼ -7.3% |
| 2011 | -1.70x | AU$-12.01 Billion | AU$7.06 Billion | ▼ -2431.8% |
| 2010 | 0.07x | AU$468.00 Million | AU$6.41 Billion | ▼ -98.8% |
| 2009 | 5.90x | AU$20.76 Billion | AU$3.52 Billion | ▲ +316.4% |
| 2008 | -2.73x | AU$-10.73 Billion | AU$3.93 Billion | ▼ -652.7% |
| 2007 | -0.36x | AU$-1.27 Billion | AU$3.52 Billion | ▼ -8.3% |
| 2006 | -0.33x | AU$-1.03 Billion | AU$3.07 Billion | ▼ -120.7% |
| 2005 | 1.62x | AU$4.57 Billion | AU$2.82 Billion | ▼ -25.2% |
| 2004 | 2.16x | AU$5.49 Billion | AU$2.54 Billion | ▼ -22.5% |
| 2003 | 2.79x | AU$6.09 Billion | AU$2.18 Billion | ▲ +62.3% |
| 2002 | 1.72x | AU$3.77 Billion | AU$2.19 Billion | ▼ -10.4% |
| 2001 | 1.92x | AU$3.65 Billion | AU$1.90 Billion | ▲ +51.7% |
| 2000 | 1.27x | AU$2.17 Billion | AU$1.71 Billion | ▲ +267.7% |
| 1999 | 0.34x | AU$501.19 Million | AU$1.46 Billion | ▼ -78.0% |
| 1998 | 1.56x | AU$1.99 Billion | AU$1.27 Billion | ▲ +40535.6% |
| 1997 | 0.00x | AU$4.96 Million | AU$1.29 Billion | ▼ -99.6% |
| 1996 | 1.00x | AU$1.13 Billion | AU$1.13 Billion | ▼ -76.9% |
| 1994 | 4.33x | AU$3.05 Billion | AU$704.63 Million | ▼ -84.3% |
| 1993 | 27.57x | AU$1.08 Billion | AU$39.36 Million | ▲ +2656.5% |
| 1991 | 1.00x | AU$476.71 Million | AU$476.71 Million | ▼ -80.2% |
| 1990 | 5.05x | AU$3.46 Billion | AU$684.93 Million | — |