AstraZeneca PLC (AZN) — Cash Flow Quality Index
Latest as of March 2026:
0.86x
AstraZeneca PLC (AZN) has a Cash Flow Quality Index of 0.86x as of March 2026. Operating cash flow of $3.36 Billion is below net income of $3.91 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore AstraZeneca PLC debt service capacity to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
0.86x
Operating CF / Net Income
Operating Cash Flow
$3.36 Billion
USD
Net Income
$3.91 Billion
USD
Data as of
Mar 2026
Most recent filing
AstraZeneca PLC Cash Flow Quality Index (1990–2025)
Historical Cash Flow Quality Index for AstraZeneca PLC across 35 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see AZN cash flow conversion.
Annual Cash Flow Quality Index for AstraZeneca PLC (1990–2025)
Year-by-year earnings quality comparison for AstraZeneca PLC.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.43x | $14.57 Billion | $10.22 Billion | ▲ +4.4% |
| 2024 | 1.36x | $11.86 Billion | $8.69 Billion | ▼ -9.0% |
| 2023 | 1.50x | $10.35 Billion | $6.90 Billion | ▼ -61.8% |
| 2022 | 3.92x | $9.81 Billion | $2.50 Billion | ▲ +220.0% |
| 2020 | 1.23x | $4.80 Billion | $3.92 Billion | ▼ -36.1% |
| 2019 | 1.92x | $2.97 Billion | $1.55 Billion | ▲ +46.0% |
| 2018 | 1.31x | $2.62 Billion | $1.99 Billion | ▼ -18.2% |
| 2017 | 1.61x | $3.58 Billion | $2.23 Billion | ▲ +37.7% |
| 2016 | 1.17x | $4.14 Billion | $3.55 Billion | ▲ +7.7% |
| 2015 | 1.08x | $3.32 Billion | $3.07 Billion | ▼ -80.9% |
| 2014 | 5.66x | $7.06 Billion | $1.25 Billion | ▲ +150.1% |
| 2013 | 2.27x | $7.40 Billion | $3.27 Billion | ▲ +151.6% |
| 2012 | 0.90x | $6.95 Billion | $7.72 Billion | ▲ +42.3% |
| 2011 | 0.63x | $7.82 Billion | $12.37 Billion | ▼ -35.0% |
| 2010 | 0.97x | $10.68 Billion | $10.98 Billion | ▼ -37.7% |
| 2009 | 1.56x | $11.74 Billion | $7.52 Billion | ▲ +63.3% |
| 2008 | 0.96x | $8.74 Billion | $9.14 Billion | ▲ +3.0% |
| 2007 | 0.93x | $7.51 Billion | $8.09 Billion | ▼ -0.9% |
| 2006 | 0.94x | $7.69 Billion | $8.22 Billion | ▼ -9.7% |
| 2005 | 1.04x | $6.74 Billion | $6.50 Billion | ▼ -3.2% |
| 2004 | 1.07x | $4.87 Billion | $4.55 Billion | ▲ +29.0% |
| 2003 | 0.83x | $3.42 Billion | $4.11 Billion | ▼ -25.1% |
| 2002 | 1.11x | $4.83 Billion | $4.36 Billion | ▲ +131.7% |
| 2001 | 0.48x | $2.71 Billion | $5.66 Billion | ▼ -17.8% |
| 2000 | 0.58x | $2.34 Billion | $4.01 Billion | ▲ +75.9% |
| 1999 | 0.33x | $908.55 Million | $2.74 Billion | ▼ -31.5% |
| 1998 | 0.48x | $879.74 Million | $1.82 Billion | ▲ +15.8% |
| 1997 | 0.42x | $747.21 Million | $1.79 Billion | ▼ -5.4% |
| 1996 | 0.44x | $787.75 Million | $1.79 Billion | ▼ -3.5% |
| 1995 | 0.46x | $585.64 Million | $1.28 Billion | ▼ -24.7% |
| 1994 | 0.61x | $625.36 Million | $1.03 Billion | ▼ -10.4% |
| 1993 | 0.68x | $705.58 Million | $1.04 Billion | ▲ +41.0% |
| 1992 | 0.48x | $206.27 Million | $429.22 Million | ▲ +21.4% |
| 1991 | 0.40x | $505.22 Million | $1.28 Billion | ▼ -43.2% |
| 1990 | 0.70x | $806.30 Million | $1.16 Billion | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.