Arrow Financial Corporation (AROW) — Cash Flow Quality Index
Arrow Financial Corporation (AROW) has a Cash Flow Quality Index of 1.44x as of June 2026. Operating cash flow of $15.79 Million exceeds net income of $10.96 Million, indicating high earnings quality where cash backs reported profits. Explore Arrow Financial Corporation debt service capacity to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Arrow Financial Corporation Cash Flow Quality Index (1992–2025)
Historical Cash Flow Quality Index for Arrow Financial Corporation across 34 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Arrow Financial Corporation cash flow conversion.
Annual Cash Flow Quality Index for Arrow Financial Corporation (1992–2025)
Year-by-year earnings quality comparison for Arrow Financial Corporation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.94x | $41.28 Million | $43.95 Million | ▼ -19.1% |
| 2024 | 1.16x | $34.47 Million | $29.71 Million | ▼ -5.2% |
| 2023 | 1.22x | $59.71 Million | $48.80 Million | ▲ +0.0% |
| 2022 | 1.22x | $59.71 Million | $48.80 Million | ▼ -10.6% |
| 2021 | 1.37x | $68.21 Million | $49.86 Million | ▲ +32.0% |
| 2020 | 1.04x | $42.31 Million | $40.83 Million | ▼ -11.6% |
| 2019 | 1.17x | $43.94 Million | $37.48 Million | ▲ +1.3% |
| 2018 | 1.16x | $41.98 Million | $36.28 Million | ▼ -10.3% |
| 2017 | 1.29x | $37.83 Million | $29.33 Million | ▼ -1.4% |
| 2016 | 1.31x | $34.70 Million | $26.53 Million | ▲ +11.5% |
| 2015 | 1.17x | $28.93 Million | $24.66 Million | ▼ -10.6% |
| 2014 | 1.31x | $30.64 Million | $23.36 Million | ▼ -22.0% |
| 2013 | 1.68x | $36.67 Million | $21.80 Million | ▲ +15.0% |
| 2012 | 1.46x | $32.46 Million | $22.18 Million | ▼ -11.0% |
| 2011 | 1.65x | $36.09 Million | $21.93 Million | ▲ +252.5% |
| 2010 | 0.47x | $10.22 Million | $21.89 Million | ▼ -46.4% |
| 2009 | 0.87x | $18.96 Million | $21.79 Million | ▼ -30.5% |
| 2008 | 1.25x | $25.59 Million | $20.44 Million | ▲ +2.3% |
| 2007 | 1.22x | $21.21 Million | $17.33 Million | ▼ -10.8% |
| 2006 | 1.37x | $23.18 Million | $16.89 Million | ▲ +7.6% |
| 2005 | 1.28x | $23.77 Million | $18.64 Million | ▲ +14.9% |
| 2004 | 1.11x | $21.61 Million | $19.48 Million | ▼ -19.7% |
| 2003 | 1.38x | $26.15 Million | $18.92 Million | ▲ +37.7% |
| 2002 | 1.00x | $18.96 Million | $18.89 Million | ▼ -43.6% |
| 2001 | 1.78x | $28.13 Million | $15.82 Million | ▲ +20.4% |
| 2000 | 1.48x | $20.21 Million | $13.68 Million | ▲ +35.1% |
| 1999 | 1.09x | $14.10 Million | $12.90 Million | ▼ -45.6% |
| 1998 | 2.01x | $23.70 Million | $11.80 Million | ▲ +84.1% |
| 1997 | 1.09x | $12.00 Million | $11.00 Million | ▲ +71.7% |
| 1996 | 0.64x | $12.90 Million | $20.30 Million | ▼ -73.0% |
| 1995 | 2.35x | $29.20 Million | $12.40 Million | ▲ +26.7% |
| 1994 | 1.86x | $21.00 Million | $11.30 Million | ▼ -65.4% |
| 1993 | 5.37x | $44.00 Million | $8.20 Million | ▼ -59.1% |
| 1992 | 13.10x | $38.00 Million | $2.90 Million | — |