Banco BTG Pactual S.A. (BPAC11) — Cash Flow Quality Index

Latest as of December 2025: 0.32x

Banco BTG Pactual S.A. (BPAC11) has a Cash Flow Quality Index of 0.32x as of December 2025. Operating cash flow of R$1.42 Billion is below net income of R$4.39 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore Banco BTG Pactual S.A. cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.32x
Operating CF / Net Income

Operating Cash Flow

R$1.42 Billion
BRL

Net Income

R$4.39 Billion
BRL

Data as of

Dec 2025
Most recent filing

Banco BTG Pactual S.A. Cash Flow Quality Index (2008–2025)

Historical Cash Flow Quality Index for Banco BTG Pactual S.A. across 18 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see BPAC11 cash generation efficiency.

Annual Cash Flow Quality Index for Banco BTG Pactual S.A. (2008–2025)

Year-by-year earnings quality comparison for Banco BTG Pactual S.A..

Year Quality Index Operating CF (BRL) Net Income YoY Change
2025 -1.55x R$-24.67 Billion R$15.95 Billion ▼ -666.4%
2024 0.27x R$2.93 Billion R$10.75 Billion ▲ +114.5%
2023 -1.88x R$-18.66 Billion R$9.92 Billion ▼ -167.3%
2022 2.79x R$21.90 Billion R$7.84 Billion ▲ +213.2%
2021 -2.47x R$-15.65 Billion R$6.34 Billion ▼ -518.1%
2020 0.59x R$2.35 Billion R$3.98 Billion ▲ +117.4%
2019 -3.38x R$-12.95 Billion R$3.83 Billion ▼ -426.0%
2018 1.04x R$1.33 Billion R$1.28 Billion ▼ -81.3%
2017 5.55x R$13.19 Billion R$2.38 Billion ▲ +39.2%
2016 3.99x R$18.81 Billion R$4.71 Billion ▲ +127.6%
2015 -14.45x R$-8.32 Billion R$576.02 Million ▼ -1545.9%
2014 1.00x R$1.90 Billion R$1.90 Billion ▲ +113.0%
2013 -7.71x R$-19.93 Billion R$2.58 Billion ▼ -278.7%
2012 -2.04x R$-4.39 Billion R$2.15 Billion ▲ +83.7%
2011 -12.48x R$-16.71 Billion R$1.34 Billion ▼ -399.9%
2010 4.16x R$3.39 Billion R$815.55 Million ▲ +203.2%
2009 -4.03x R$-2.54 Billion R$629.28 Million ▼ -427.4%
2008 1.23x R$1.03 Billion R$838.82 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.