Merlin Properties SOCIMI SA (MRL) — Cash Flow Quality Index
Merlin Properties SOCIMI SA (MRL) has a Cash Flow Quality Index of 0.53x as of December 2025. Operating cash flow of €415.60 Million is below net income of €786.13 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Merlin Properties SOCIMI SA (MRL) cash conversion ratio to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Merlin Properties SOCIMI SA Cash Flow Quality Index (2021–2025)
Historical Cash Flow Quality Index for Merlin Properties SOCIMI SA across 4 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check MRL cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Merlin Properties SOCIMI SA (2021–2025)
Year-by-year earnings quality comparison for Merlin Properties SOCIMI SA. For live market cap and the full company financial profile, see Merlin Properties SOCIMI SA market capitalisation.
| Year | Quality Index | Operating CF (EUR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.53x | €415.60 Million | €786.13 Million | ▼ -52.6% |
| 2024 | 1.12x | €316.78 Million | €283.76 Million | ▲ +32.2% |
| 2022 | 0.84x | €222.16 Million | €263.09 Million | ▲ +166.2% |
| 2021 | 0.32x | €162.46 Million | €512.22 Million | — |