Incyte Corporation (INCY) — Cash Flow Quality Index

Latest as of June 2026: 0.87x

Incyte Corporation (INCY) has a Cash Flow Quality Index of 0.87x as of June 2026. Operating cash flow of $507.66 Million is below net income of $585.61 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore INCY operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.87x
Operating CF / Net Income

Operating Cash Flow

$507.66 Million
USD

Net Income

$585.61 Million
USD

Data as of

Jun 2026
Most recent filing

Incyte Corporation Cash Flow Quality Index (1997–2025)

Historical Cash Flow Quality Index for Incyte Corporation across 11 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see INCY cash generation efficiency.

Annual Cash Flow Quality Index for Incyte Corporation (1997–2025)

Year-by-year earnings quality comparison for Incyte Corporation.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 1.10x $1.41 Billion $1.29 Billion ▼ -89.3%
2024 10.28x $335.34 Million $32.62 Million ▲ +1137.6%
2023 0.83x $496.49 Million $597.60 Million ▼ -70.8%
2022 2.85x $969.94 Million $340.66 Million ▲ +260.4%
2021 0.79x $749.49 Million $948.58 Million ▼ -50.3%
2019 1.59x $710.66 Million $446.91 Million ▼ -48.2%
2018 3.07x $336.23 Million $109.49 Million ▲ +5.0%
2016 2.92x $304.76 Million $104.22 Million ▼ -77.9%
2015 13.25x $86.54 Million $6.53 Million ▲ +28.1%
1998 10.34x $36.20 Million $3.50 Million ▲ +475.2%
1997 1.80x $18.70 Million $10.40 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.