Freedom Holding Corp (FRHC) — Cash Flow Quality Index

Latest as of December 2025: 9.42x

Freedom Holding Corp (FRHC) has a Cash Flow Quality Index of 9.42x as of December 2025. Operating cash flow of $717.78 Million exceeds net income of $76.23 Million, indicating high earnings quality where cash backs reported profits. Explore Freedom Holding Corp (FRHC) long-term investment share to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

9.42x
Operating CF / Net Income

Operating Cash Flow

$717.78 Million
USD

Net Income

$76.23 Million
USD

Data as of

Dec 2025
Most recent filing

Freedom Holding Corp Cash Flow Quality Index (2002–2025)

Historical Cash Flow Quality Index for Freedom Holding Corp across 14 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Freedom Holding Corp tangible equity quality to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Freedom Holding Corp (2002–2025)

Year-by-year earnings quality comparison for Freedom Holding Corp. For live market cap and the full company financial profile, see FRHC market cap overview.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 19.89x $1.68 Billion $84.52 Million ▲ +801.8%
2024 -2.83x $-1.06 Billion $375.54 Million ▲ +42.5%
2023 -4.93x $-951.68 Million $193.16 Million ▼ -294.2%
2022 -1.25x $-406.37 Million $325.12 Million ▼ -130.3%
2021 4.12x $529.40 Million $128.50 Million ▲ +20.5%
2020 3.42x $82.62 Million $24.16 Million ▼ -58.2%
2019 8.18x $58.48 Million $7.15 Million ▲ +920.0%
2018 -1.00x $-19.19 Million $19.23 Million ▼ -230.8%
2017 0.76x $4.80 Million $6.30 Million ▼ -51.3%
2010 1.57x $14.09 Million $8.99 Million ▼ -49.6%
2009 3.11x $53.38 Million $17.16 Million ▲ +96.8%
2008 1.58x $49.98 Million $31.61 Million ▲ +187.6%
2007 -1.81x $-1.88 Million $1.04 Million ▼ -314.0%
2002 -0.44x $-164.64K $377.49K
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.