Arrow Financial Corporation (AROW) — Cash Flow Quality Index
Arrow Financial Corporation (AROW) has a Cash Flow Quality Index of 0.42x as of December 2025. Operating cash flow of $5.91 Million is below net income of $14.01 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore investment intensity of Arrow Financial Corporation to see how much of total assets are deployed in long-term investments.
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. Check AROW intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Arrow Financial Corporation (1992–2025)
Year-by-year earnings quality comparison for Arrow Financial Corporation. For live market cap and the full company financial profile, see AROW market cap.
| 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 | — |