IGM Financial Inc. (IGM) — Cash Flow Quality Index

Latest as of June 2026: 1.56x

IGM Financial Inc. (IGM) has a Cash Flow Quality Index of 1.56x as of June 2026. Operating cash flow of CA$406.93 Million exceeds net income of CA$261.45 Million, indicating high earnings quality where cash backs reported profits. Explore IGM Financial Inc. (IGM) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

1.56x
Operating CF / Net Income

Operating Cash Flow

CA$406.93 Million
CAD

Net Income

CA$261.45 Million
CAD

Data as of

Jun 2026
Most recent filing

IGM Financial Inc. Cash Flow Quality Index (1993–2025)

Historical Cash Flow Quality Index for IGM Financial Inc. across 33 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see IGM Financial Inc. cash conversion from operations.

Annual Cash Flow Quality Index for IGM Financial Inc. (1993–2025)

Year-by-year earnings quality comparison for IGM Financial Inc..

Year Quality Index Operating CF (CAD) Net Income YoY Change
2025 0.94x CA$1.03 Billion CA$1.10 Billion ▼ -23.9%
2024 1.23x CA$1.15 Billion CA$933.51 Million ▲ +101.6%
2023 0.61x CA$837.28 Million CA$1.37 Billion ▼ -6.8%
2022 0.66x CA$737.67 Million CA$1.12 Billion ▼ -11.7%
2021 0.74x CA$943.59 Million CA$1.27 Billion ▼ -2.4%
2020 0.76x CA$736.62 Million CA$965.38 Million ▲ +3.8%
2019 0.74x CA$712.07 Million CA$968.67 Million ▼ -7.7%
2018 0.80x CA$785.15 Million CA$986.09 Million ▼ -7.0%
2017 0.86x CA$672.10 Million CA$784.65 Million ▲ +10.1%
2016 0.78x CA$736.65 Million CA$946.94 Million ▲ +8.5%
2015 0.72x CA$710.40 Million CA$990.79 Million ▼ -6.6%
2014 0.77x CA$740.94 Million CA$964.96 Million ▲ +5.4%
2013 0.73x CA$715.26 Million CA$981.38 Million ▼ -1.6%
2012 0.74x CA$709.56 Million CA$958.17 Million ▼ -13.3%
2011 0.85x CA$776.59 Million CA$909.45 Million ▼ -27.2%
2010 1.17x CA$863.23 Million CA$735.59 Million ▼ -6.2%
2009 1.25x CA$699.52 Million CA$559.09 Million ▲ +53.8%
2008 0.81x CA$594.57 Million CA$730.80 Million ▼ -7.4%
2007 0.88x CA$772.81 Million CA$879.13 Million ▼ -0.7%
2006 0.89x CA$687.70 Million CA$776.69 Million ▲ +0.0%
2005 0.89x CA$604.08 Million CA$682.43 Million ▲ +12.7%
2004 0.79x CA$484.57 Million CA$617.10 Million ▼ -0.6%
2003 0.79x CA$442.14 Million CA$559.78 Million ▲ +13.4%
2002 0.70x CA$356.49 Million CA$511.76 Million ▼ -50.0%
2001 1.39x CA$380.55 Million CA$272.99 Million ▲ +26.4%
2000 1.10x CA$313.24 Million CA$284.02 Million ▼ -0.6%
1999 1.11x CA$261.30 Million CA$235.60 Million ▲ +10.8%
1998 1.00x CA$188.40 Million CA$188.30 Million ▼ -31.3%
1997 1.46x CA$214.80 Million CA$147.50 Million ▲ +43.4%
1996 1.02x CA$119.30 Million CA$117.50 Million ▼ -21.0%
1995 1.28x CA$125.50 Million CA$97.70 Million ▲ +1.5%
1994 1.27x CA$107.10 Million CA$84.60 Million ▲ +176.8%
1993 -1.65x CA$-115.90 Million CA$70.30 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.