Hannover Rück SE (HNR1) — Cash Flow Quality Index

Latest as of December 2025: 2.63x

Hannover Rück SE (HNR1) has a Cash Flow Quality Index of 2.63x as of December 2025. Operating cash flow of €1.78 Billion exceeds net income of €676.70 Million, indicating high earnings quality where cash backs reported profits. Explore Hannover Rück SE (HNR1) cash flow to debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

2.63x
Operating CF / Net Income

Operating Cash Flow

€1.78 Billion
EUR

Net Income

€676.70 Million
EUR

Data as of

Dec 2025
Most recent filing

Hannover Rück SE Cash Flow Quality Index (2013–2025)

Historical Cash Flow Quality Index for Hannover Rück SE across 13 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Hannover Rück SE cash flow conversion.

Annual Cash Flow Quality Index for Hannover Rück SE (2013–2025)

Year-by-year earnings quality comparison for Hannover Rück SE.

Year Quality Index Operating CF (EUR) Net Income YoY Change
2025 2.15x €5.69 Billion €2.64 Billion ▼ -11.8%
2024 2.44x €5.68 Billion €2.33 Billion ▼ -20.8%
2023 3.08x €5.63 Billion €1.82 Billion ▼ -16.0%
2022 3.67x €5.16 Billion €1.41 Billion ▼ -8.5%
2021 4.01x €4.94 Billion €1.23 Billion ▲ +17.4%
2020 3.42x €3.02 Billion €883.07 Million ▲ +74.9%
2019 1.95x €2.51 Billion €1.28 Billion ▼ -6.9%
2018 2.10x €2.22 Billion €1.06 Billion ▲ +18.8%
2017 1.77x €1.69 Billion €958.55 Million ▼ -11.2%
2016 1.99x €2.33 Billion €1.17 Billion ▼ -26.2%
2015 2.70x €3.10 Billion €1.15 Billion ▲ +37.7%
2014 1.96x €1.93 Billion €985.65 Million ▼ -21.2%
2013 2.49x €2.23 Billion €895.47 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.