Pure Cycle Corporation (PCYO) — Cash Flow Quality Index

Latest as of February 2026: -3.81x

Pure Cycle Corporation (PCYO) has a Cash Flow Quality Index of -3.81x as of February 2026. Operating cash flow of $-4.21 Million is below net income of $1.10 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Pure Cycle Corporation (PCYO) investment intensity to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

-3.81x
Operating CF / Net Income

Operating Cash Flow

$-4.21 Million
USD

Net Income

$1.10 Million
USD

Data as of

Feb 2026
Most recent filing

Pure Cycle Corporation Cash Flow Quality Index (2018–2025)

Historical Cash Flow Quality Index for Pure Cycle Corporation across 8 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible equity quality of Pure Cycle Corporation to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Pure Cycle Corporation (2018–2025)

Year-by-year earnings quality comparison for Pure Cycle Corporation. For live market cap and the full company financial profile, see market value of Pure Cycle Corporation.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 1.00x $13.16 Million $13.11 Million ▲ +427.2%
2024 0.19x $2.21 Million $11.61 Million ▲ +138.3%
2023 -0.50x $-2.34 Million $4.70 Million ▼ -127.4%
2022 1.81x $17.45 Million $9.62 Million ▲ +955.9%
2021 0.17x $3.46 Million $20.11 Million ▼ -94.4%
2020 3.07x $20.72 Million $6.75 Million ▲ +318.3%
2019 0.73x $3.53 Million $4.81 Million ▲ +63033.1%
2018 0.00x $482.00 $414.68K
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.