Biogen Inc (BIIB) — Cash Flow Quality Index
Latest as of March 2026:
2.02x
Biogen Inc (BIIB) has a Cash Flow Quality Index of 2.02x as of March 2026. Operating cash flow of $645.50 Million exceeds net income of $319.50 Million, indicating high earnings quality where cash backs reported profits. Explore Biogen Inc cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
2.02x
Operating CF / Net Income
Operating Cash Flow
$645.50 Million
USD
Net Income
$319.50 Million
USD
Data as of
Mar 2026
Most recent filing
Biogen Inc Cash Flow Quality Index (1989–2025)
Historical Cash Flow Quality Index for Biogen Inc across 35 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Biogen Inc cash conversion from operations.
Annual Cash Flow Quality Index for Biogen Inc (1989–2025)
Year-by-year earnings quality comparison for Biogen Inc.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.71x | $2.20 Billion | $1.29 Billion | ▼ -3.2% |
| 2024 | 1.76x | $2.88 Billion | $1.63 Billion | ▲ +32.3% |
| 2023 | 1.33x | $1.55 Billion | $1.16 Billion | ▲ +185.0% |
| 2022 | 0.47x | $1.38 Billion | $2.96 Billion | ▼ -77.8% |
| 2021 | 2.11x | $3.64 Billion | $1.73 Billion | ▲ +102.3% |
| 2020 | 1.04x | $4.23 Billion | $4.06 Billion | ▼ -13.3% |
| 2019 | 1.20x | $7.08 Billion | $5.89 Billion | ▼ -13.1% |
| 2018 | 1.38x | $6.19 Billion | $4.47 Billion | ▼ -18.9% |
| 2017 | 1.70x | $4.55 Billion | $2.67 Billion | ▲ +39.3% |
| 2016 | 1.22x | $4.52 Billion | $3.70 Billion | ▲ +18.3% |
| 2015 | 1.03x | $3.72 Billion | $3.59 Billion | ▲ +3.4% |
| 2014 | 1.00x | $2.94 Billion | $2.94 Billion | ▼ -20.6% |
| 2013 | 1.26x | $2.35 Billion | $1.86 Billion | ▼ -7.6% |
| 2012 | 1.36x | $1.88 Billion | $1.38 Billion | ▼ -0.1% |
| 2011 | 1.36x | $1.73 Billion | $1.27 Billion | ▼ -24.6% |
| 2010 | 1.81x | $1.62 Billion | $898.57 Million | ▲ +64.3% |
| 2009 | 1.10x | $1.07 Billion | $977.06 Million | ▼ -44.9% |
| 2008 | 2.00x | $1.56 Billion | $783.17 Million | ▲ +24.9% |
| 2007 | 1.60x | $1.02 Billion | $638.17 Million | ▼ -58.6% |
| 2006 | 3.87x | $841.27 Million | $217.51 Million | ▼ -30.1% |
| 2005 | 5.53x | $889.50 Million | $160.71 Million | ▼ -80.9% |
| 2004 | 29.02x | $727.99 Million | $25.09 Million | ▲ +2063.9% |
| 2002 | 1.34x | $267.08 Million | $199.15 Million | ▲ +15.6% |
| 2001 | 1.16x | $316.36 Million | $272.68 Million | ▲ +5.8% |
| 2000 | 1.10x | $365.94 Million | $333.58 Million | ▼ -11.2% |
| 1999 | 1.24x | $272.29 Million | $220.45 Million | ▲ +2.1% |
| 1998 | 1.21x | $167.84 Million | $138.70 Million | ▲ +10.5% |
| 1997 | 1.09x | $97.63 Million | $89.17 Million | ▼ -4.6% |
| 1996 | 1.15x | $46.54 Million | $40.53 Million | ▼ -31.2% |
| 1995 | 1.67x | $9.45 Million | $5.66 Million | ▲ +13.6% |
| 1993 | 1.47x | $47.60 Million | $32.40 Million | ▲ +30.6% |
| 1992 | 1.13x | $43.10 Million | $38.30 Million | ▲ +37.3% |
| 1991 | 0.82x | $5.90 Million | $7.20 Million | ▼ -41.0% |
| 1990 | 1.39x | $10.70 Million | $7.70 Million | ▲ +159.3% |
| 1989 | -2.34x | $-7.50 Million | $3.20 Million | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.