Merlin Properties SOCIMI SA (MRL) — Cash Flow Quality Index

Latest as of December 2025: 0.53x

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. Also explore MRL total asset value for the complete picture of this company's asset base.

Cash Flow Quality Index

0.53x
Operating CF / Net Income

Operating Cash Flow

€415.60 Million
EUR

Net Income

€786.13 Million
EUR

Data as of

Dec 2025
Most recent filing

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 tangible net worth ratio of Merlin Properties SOCIMI SA to evaluate the tangible quality of the company's equity base.

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 stock valuation.

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
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.