Air France-KLM SA (AF) — Cash Flow Quality Index

Latest as of December 2025: 1.73x

Air France-KLM SA (AF) has a Cash Flow Quality Index of 1.73x as of December 2025. Operating cash flow of €925.00 Million exceeds net income of €535.00 Million, indicating high earnings quality where cash backs reported profits. Explore how much of Air France-KLM SA's assets are long-term investments to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

1.73x
Operating CF / Net Income

Operating Cash Flow

€925.00 Million
EUR

Net Income

€535.00 Million
EUR

Data as of

Dec 2025
Most recent filing

Air France-KLM SA Cash Flow Quality Index (2002–2025)

Historical Cash Flow Quality Index for Air France-KLM SA across 15 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Air France-KLM SA (AF) tangible net worth to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Air France-KLM SA (2002–2025)

Year-by-year earnings quality comparison for Air France-KLM SA. For live market cap and the full company financial profile, see AF stock market capitalisation.

Year Quality Index Operating CF (EUR) Net Income YoY Change
2025 2.98x €4.56 Billion €1.53 Billion ▼ -58.3%
2024 7.15x €3.50 Billion €489.00 Million ▲ +113.7%
2023 3.35x €3.12 Billion €934.00 Million ▼ -48.7%
2022 6.53x €4.86 Billion €744.00 Million ▼ -50.9%
2019 13.29x €3.90 Billion €293.00 Million ▲ +47.2%
2018 9.03x €3.71 Billion €411.00 Million ▲ +219.5%
2016 2.83x €2.24 Billion €792.00 Million ▼ -81.1%
2015 14.96x €1.90 Billion €127.00 Million ▲ +579.3%
2010 2.20x €1.35 Billion €613.00 Million ▼ -36.5%
2007 3.47x €2.59 Billion €748.00 Million ▲ +8.4%
2006 3.20x €2.85 Billion €891.00 Million ▲ +10.9%
2005 2.88x €2.66 Billion €921.00 Million ▼ -48.2%
2004 5.57x €1.96 Billion €351.00 Million ▼ -56.9%
2003 12.91x €1.20 Billion €93.00 Million ▲ +1602.7%
2002 0.76x €1.11 Billion €1.47 Billion
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.