Siemens Healthineers AG (SHL) — Cash Flow Quality Index

Latest as of June 2026: 1.84x

Siemens Healthineers AG (SHL) has a Cash Flow Quality Index of 1.84x as of June 2026. Operating cash flow of €1.23 Billion exceeds net income of €669.00 Million, indicating high earnings quality where cash backs reported profits. Explore how well can Siemens Healthineers AG service its debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

1.84x
Operating CF / Net Income

Operating Cash Flow

€1.23 Billion
EUR

Net Income

€669.00 Million
EUR

Data as of

Jun 2026
Most recent filing

Siemens Healthineers AG Cash Flow Quality Index (2017–2024)

Historical Cash Flow Quality Index for Siemens Healthineers AG across 8 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Siemens Healthineers AG (SHL) cash conversion ratio.

Annual Cash Flow Quality Index for Siemens Healthineers AG (2017–2024)

Year-by-year earnings quality comparison for Siemens Healthineers AG.

Year Quality Index Operating CF (EUR) Net Income YoY Change
2024 1.46x €2.83 Billion €1.94 Billion ▲ +3.6%
2023 1.40x €2.12 Billion €1.51 Billion ▲ +14.3%
2022 1.23x €2.50 Billion €2.04 Billion ▼ -27.7%
2021 1.70x €2.93 Billion €1.73 Billion ▲ +24.3%
2020 1.37x €1.93 Billion €1.41 Billion ▲ +32.4%
2019 1.03x €1.62 Billion €1.57 Billion ▼ -18.2%
2018 1.26x €1.59 Billion €1.26 Billion ▼ -12.0%
2017 1.43x €1.98 Billion €1.38 Billion
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.