First Advantage Corp (FA) — Cash Flow Quality Index
First Advantage Corp (FA) has a Cash Flow Quality Index of 4.35x as of June 2026. Operating cash flow of $73.60 Million exceeds net income of $16.91 Million, indicating high earnings quality where cash backs reported profits. Explore First Advantage Corp (FA) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
First Advantage Corp Cash Flow Quality Index (2003–2023)
Historical Cash Flow Quality Index for First Advantage Corp across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see First Advantage Corp cash conversion from operations.
Annual Cash Flow Quality Index for First Advantage Corp (2003–2023)
Year-by-year earnings quality comparison for First Advantage Corp.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | 4.37x | $162.82 Million | $37.29 Million | ▲ +32.6% |
| 2022 | 3.29x | $212.77 Million | $64.60 Million | ▼ -64.4% |
| 2021 | 9.26x | $148.68 Million | $16.05 Million | ▲ +343.2% |
| 2019 | 2.09x | $71.58 Million | $34.25 Million | ▲ +23.3% |
| 2008 | 1.70x | $66.30 Million | $39.10 Million | ▲ +74.0% |
| 2007 | 0.97x | $134.60 Million | $138.11 Million | ▼ -30.9% |
| 2006 | 1.41x | $93.30 Million | $66.16 Million | ▲ +14.0% |
| 2005 | 1.24x | $72.31 Million | $58.43 Million | ▼ -44.8% |
| 2004 | 2.24x | $23.96 Million | $10.68 Million | ▲ +251.1% |
| 2003 | 0.64x | $1.79 Million | $2.80 Million | — |