Photronics Inc (PLAB) — Cash Flow Quality Index
Latest as of April 2026:
1.09x
Photronics Inc (PLAB) has a Cash Flow Quality Index of 1.09x as of April 2026. Operating cash flow of $47.03 Million exceeds net income of $43.25 Million, indicating high earnings quality where cash backs reported profits. Explore Photronics Inc cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
1.09x
Operating CF / Net Income
Operating Cash Flow
$47.03 Million
USD
Net Income
$43.25 Million
USD
Data as of
Apr 2026
Most recent filing
Photronics Inc Cash Flow Quality Index (1989–2025)
Historical Cash Flow Quality Index for Photronics Inc across 33 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see PLAB cash flow conversion.
Annual Cash Flow Quality Index for Photronics Inc (1989–2025)
Year-by-year earnings quality comparison for Photronics Inc.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.82x | $247.80 Million | $136.41 Million | ▲ +27.7% |
| 2024 | 1.42x | $261.44 Million | $183.85 Million | ▼ -6.1% |
| 2023 | 1.51x | $302.18 Million | $199.63 Million | ▼ -1.4% |
| 2022 | 1.54x | $275.19 Million | $179.24 Million | ▼ -19.7% |
| 2021 | 1.91x | $150.77 Million | $78.82 Million | ▼ -46.0% |
| 2020 | 3.55x | $143.05 Million | $40.34 Million | ▲ +99.8% |
| 2019 | 1.77x | $71.84 Million | $40.49 Million | ▼ -16.8% |
| 2018 | 2.13x | $130.57 Million | $61.24 Million | ▼ -53.1% |
| 2017 | 4.55x | $96.83 Million | $21.29 Million | ▲ +107.3% |
| 2016 | 2.19x | $122.14 Million | $55.68 Million | ▼ -6.4% |
| 2015 | 2.34x | $133.19 Million | $56.86 Million | ▼ -22.1% |
| 2014 | 3.01x | $96.36 Million | $32.03 Million | ▼ -40.8% |
| 2013 | 5.08x | $99.40 Million | $19.58 Million | ▲ +14.4% |
| 2012 | 4.44x | $132.55 Million | $29.86 Million | ▼ -34.3% |
| 2011 | 6.76x | $136.55 Million | $20.21 Million | ▲ +76.7% |
| 2010 | 3.82x | $95.92 Million | $25.08 Million | ▼ -30.4% |
| 2007 | 5.49x | $134.69 Million | $24.52 Million | ▲ +38.6% |
| 2006 | 3.96x | $116.20 Million | $29.33 Million | ▲ +7.4% |
| 2005 | 3.69x | $142.57 Million | $38.65 Million | ▼ -28.5% |
| 2004 | 5.16x | $126.22 Million | $24.47 Million | ▼ -80.6% |
| 2003 | 26.65x | $83.23 Million | $3.12 Million | ▲ +446.9% |
| 2000 | 4.87x | $49.59 Million | $10.18 Million | ▼ -5.7% |
| 1999 | 5.17x | $55.30 Million | $10.70 Million | ▲ +134.9% |
| 1998 | 2.20x | $45.10 Million | $20.50 Million | ▲ +21.1% |
| 1997 | 1.82x | $46.50 Million | $25.60 Million | ▼ -1.2% |
| 1996 | 1.84x | $38.60 Million | $21.00 Million | ▲ +1.8% |
| 1995 | 1.81x | $33.60 Million | $18.60 Million | ▼ -11.4% |
| 1994 | 2.04x | $21.00 Million | $10.30 Million | ▼ -4.9% |
| 1993 | 2.14x | $10.50 Million | $4.90 Million | ▲ +2.5% |
| 1992 | 2.09x | $9.20 Million | $4.40 Million | ▲ +61.6% |
| 1991 | 1.29x | $8.80 Million | $6.80 Million | ▼ -33.6% |
| 1990 | 1.95x | $7.80 Million | $4.00 Million | ▼ -53.8% |
| 1989 | 4.22x | $3.80 Million | $900.00K | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.