Smith & Nephew PLC (SN) — Cash Flow Quality Index
Latest as of June 2026:
1.49x
Smith & Nephew PLC (SN) has a Cash Flow Quality Index of 1.49x as of June 2026. Operating cash flow of GBX446.31 Million exceeds net income of GBX300.52 Million, indicating high earnings quality where cash backs reported profits. Explore SN operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
1.49x
Operating CF / Net Income
Operating Cash Flow
GBX446.31 Million
GBX
Net Income
GBX300.52 Million
GBX
Data as of
Jun 2026
Most recent filing
Smith & Nephew PLC Cash Flow Quality Index (1991–2025)
Historical Cash Flow Quality Index for Smith & Nephew PLC across 35 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see SN cash flow conversion.
Annual Cash Flow Quality Index for Smith & Nephew PLC (1991–2025)
Year-by-year earnings quality comparison for Smith & Nephew PLC.
| Year | Quality Index | Operating CF (GBX) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.06x | GBX1.31 Billion | GBX638.11 Million | ▼ -14.2% |
| 2024 | 2.40x | GBX987.00 Million | GBX412.00 Million | ▲ +14.3% |
| 2023 | 2.10x | GBX608.00 Million | GBX290.00 Million | ▲ +5.3% |
| 2022 | 1.99x | GBX468.00 Million | GBX235.00 Million | ▲ +33.1% |
| 2021 | 1.50x | GBX877.00 Million | GBX586.00 Million | ▼ -60.6% |
| 2020 | 3.80x | GBX935.00 Million | GBX246.00 Million | ▲ +141.8% |
| 2019 | 1.57x | GBX1.17 Billion | GBX743.00 Million | ▲ +31.9% |
| 2018 | 1.19x | GBX931.00 Million | GBX781.00 Million | ▼ -3.9% |
| 2017 | 1.24x | GBX1.09 Billion | GBX879.00 Million | ▲ +55.1% |
| 2016 | 0.80x | GBX849.00 Million | GBX1.06 Billion | ▼ -56.6% |
| 2015 | 1.84x | GBX1.03 Billion | GBX559.00 Million | ▲ +92.6% |
| 2014 | 0.96x | GBX683.00 Million | GBX714.00 Million | ▼ -11.5% |
| 2013 | 1.08x | GBX867.00 Million | GBX802.00 Million | ▲ +31.8% |
| 2012 | 0.82x | GBX902.00 Million | GBX1.10 Billion | ▼ -17.4% |
| 2011 | 0.99x | GBX842.00 Million | GBX848.00 Million | ▼ -28.9% |
| 2010 | 1.40x | GBX859.00 Million | GBX615.00 Million | ▼ -8.3% |
| 2009 | 1.52x | GBX719.00 Million | GBX472.00 Million | ▲ +69.6% |
| 2008 | 0.90x | GBX566.00 Million | GBX630.00 Million | ▲ +4.5% |
| 2007 | 0.86x | GBX424.00 Million | GBX493.00 Million | ▲ +31.2% |
| 2006 | 0.66x | GBX352.00 Million | GBX537.00 Million | ▲ +6.4% |
| 2005 | 0.62x | GBX260.00 Million | GBX422.00 Million | ▼ -46.2% |
| 2004 | 1.15x | GBX363.28 Million | GBX317.06 Million | ▲ +32.9% |
| 2003 | 0.86x | GBX276.79 Million | GBX321.07 Million | ▼ -13.8% |
| 2002 | 1.00x | GBX242.85 Million | GBX242.73 Million | ▲ +55.3% |
| 2001 | 0.64x | GBX144.46 Million | GBX224.25 Million | ▲ +132.2% |
| 2000 | -2.00x | GBX-486.02 Million | GBX243.01 Million | ▼ -425.7% |
| 1999 | 0.61x | GBX115.02 Million | GBX187.33 Million | ▲ +18.4% |
| 1998 | 0.52x | GBX117.19 Million | GBX226.08 Million | ▲ +22.8% |
| 1997 | 0.42x | GBX113.57 Million | GBX269.13 Million | ▼ -6.7% |
| 1996 | 0.45x | GBX142.14 Million | GBX314.24 Million | ▲ +64.3% |
| 1995 | 0.28x | GBX72.47 Million | GBX263.30 Million | ▼ -47.0% |
| 1994 | 0.52x | GBX117.10 Million | GBX225.29 Million | ▲ +190.6% |
| 1993 | 0.18x | GBX43.34 Million | GBX242.29 Million | ▼ -48.8% |
| 1992 | 0.35x | GBX76.14 Million | GBX217.95 Million | ▼ -17.9% |
| 1991 | 0.43x | GBX106.47 Million | GBX250.36 Million | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.