Wesfarmers Ltd (WES) — Cash Flow Quality Index
Wesfarmers Ltd (WES) has a Cash Flow Quality Index of 1.55x as of December 2025. Operating cash flow of AU$2.49 Billion exceeds net income of AU$1.60 Billion, indicating high earnings quality where cash backs reported profits. Explore how well can Wesfarmers Ltd service its debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Wesfarmers Ltd Cash Flow Quality Index (2003–2025)
Historical Cash Flow Quality Index for Wesfarmers Ltd across 22 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash flow conversion of Wesfarmers Ltd.
Annual Cash Flow Quality Index for Wesfarmers Ltd (2003–2025)
Year-by-year earnings quality comparison for Wesfarmers Ltd.
| Year | Quality Index | Operating CF (AUD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.56x | AU$4.57 Billion | AU$2.93 Billion | ▼ -13.1% |
| 2024 | 1.80x | AU$4.59 Billion | AU$2.56 Billion | ▲ +6.0% |
| 2023 | 1.70x | AU$4.18 Billion | AU$2.46 Billion | ▲ +73.3% |
| 2022 | 0.98x | AU$2.30 Billion | AU$2.35 Billion | ▼ -31.2% |
| 2021 | 1.42x | AU$3.38 Billion | AU$2.38 Billion | ▼ -49.3% |
| 2020 | 2.80x | AU$4.55 Billion | AU$1.62 Billion | ▲ +468.2% |
| 2019 | 0.49x | AU$2.72 Billion | AU$5.51 Billion | ▼ -85.5% |
| 2018 | 3.41x | AU$4.08 Billion | AU$1.20 Billion | ▲ +131.7% |
| 2017 | 1.47x | AU$4.23 Billion | AU$2.87 Billion | ▼ -82.2% |
| 2016 | 8.27x | AU$3.37 Billion | AU$407.00 Million | ▲ +432.1% |
| 2015 | 1.55x | AU$3.79 Billion | AU$2.44 Billion | ▲ +29.5% |
| 2014 | 1.20x | AU$3.23 Billion | AU$2.69 Billion | ▼ -31.0% |
| 2013 | 1.74x | AU$3.93 Billion | AU$2.26 Billion | ▲ +1.5% |
| 2012 | 1.71x | AU$3.64 Billion | AU$2.13 Billion | ▲ +12.8% |
| 2011 | 1.52x | AU$2.92 Billion | AU$1.92 Billion | ▼ -28.6% |
| 2010 | 2.13x | AU$3.33 Billion | AU$1.56 Billion | ▲ +7.2% |
| 2009 | 1.98x | AU$3.04 Billion | AU$1.53 Billion | ▲ +43.5% |
| 2008 | 1.38x | AU$1.45 Billion | AU$1.05 Billion | ▼ -16.5% |
| 2007 | 1.65x | AU$1.30 Billion | AU$786.34 Million | ▲ +53.5% |
| 2006 | 1.08x | AU$1.13 Billion | AU$1.05 Billion | ▼ -99.3% |
| 2004 | 156.68x | AU$710.53 Million | AU$4.54 Million | ▼ -94.5% |
| 2003 | 2823.12x | AU$818.70 Million | AU$290.00K | — |