H&E Equipment Services Inc (HEES) — Cash Flow Quality Index

Latest as of December 2024: 3.95x

H&E Equipment Services Inc (HEES) has a Cash Flow Quality Index of 3.95x as of December 2024. Operating cash flow of $129.44 Million exceeds net income of $32.76 Million, indicating high earnings quality where cash backs reported profits. Also explore how large is H&E Equipment Services Inc's balance sheet for the complete picture of this company's asset base.

Cash Flow Quality Index

3.95x
Operating CF / Net Income

Operating Cash Flow

$129.44 Million
USD

Net Income

$32.76 Million
USD

Data as of

Dec 2024
Most recent filing

H&E Equipment Services Inc Cash Flow Quality Index (2001–2024)

Historical Cash Flow Quality Index for H&E Equipment Services Inc across 18 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check H&E Equipment Services Inc tangible equity quality to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for H&E Equipment Services Inc (2001–2024)

Year-by-year earnings quality comparison for H&E Equipment Services Inc. For live market cap and the full company financial profile, see HEES market cap overview.

Year Quality Index Operating CF (USD) Net Income YoY Change
2024 4.05x $498.31 Million $122.98 Million ▲ +69.2%
2023 2.40x $405.48 Million $169.29 Million ▲ +1.1%
2022 2.37x $313.24 Million $132.17 Million ▼ -6.4%
2021 2.53x $259.57 Million $102.54 Million ▼ -30.8%
2019 3.66x $319.22 Million $87.21 Million ▲ +13.5%
2018 3.23x $247.21 Million $76.62 Million ▲ +56.4%
2017 2.06x $226.20 Million $109.66 Million ▼ -56.7%
2016 4.76x $176.98 Million $37.17 Million ▲ +2.1%
2015 4.66x $206.62 Million $44.30 Million ▲ +62.4%
2014 2.87x $158.32 Million $55.14 Million ▼ -8.6%
2013 3.14x $138.65 Million $44.14 Million ▲ +120.8%
2012 1.42x $41.02 Million $28.84 Million ▼ -79.0%
2011 6.77x $60.38 Million $8.93 Million ▲ +143.1%
2008 2.78x $120.47 Million $43.30 Million ▲ +72.7%
2007 1.61x $104.09 Million $64.63 Million ▼ -55.2%
2006 3.60x $117.73 Million $32.71 Million ▲ +182.3%
2005 1.28x $35.90 Million $28.16 Million ▼ -86.0%
2001 9.13x $30.11 Million $3.30 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.