National Bank of Canada Cash Flow Quality Index
National Bank of Canada cash flow quality index. National Bank of Canada (NA) has a Cash Flow Quality Index of 3.06x as of April 2026. Operating cash flow of CA$3.78 Billion exceeds net income of CA$1.23 Billion, indicating high earnings quality where cash backs reported profits. See NA free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of National Bank of Canada (1993–2025)
Cash flow quality index of National Bank of Canada from 1993 to 2025. Historical Cash Flow Quality Index for National Bank of Canada across 33 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore National Bank of Canada (NA) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
National Bank of Canada Cash Flow Quality Index by Year (1993–2025)
National Bank of Canada cash flow quality index by year from 1993 to 2025. Year-by-year earnings quality comparison for National Bank of Canada. For the full cash flow conversion analysis, see NA cash generation efficiency.
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.15x | CA$4.63 Billion | CA$4.02 Billion | ▼ -5.3% |
| 2024 | 1.22x | CA$4.65 Billion | CA$3.82 Billion | ▼ -21.3% |
| 2023 | 1.55x | CA$5.17 Billion | CA$3.34 Billion | ▲ +372.6% |
| 2022 | -0.57x | CA$-1.92 Billion | CA$3.38 Billion | ▼ -129.5% |
| 2021 | 1.92x | CA$6.04 Billion | CA$3.14 Billion | ▼ -80.0% |
| 2020 | 9.59x | CA$19.98 Billion | CA$2.08 Billion | ▲ +169.0% |
| 2019 | 3.57x | CA$8.28 Billion | CA$2.32 Billion | ▲ +35.7% |
| 2018 | 2.63x | CA$5.86 Billion | CA$2.23 Billion | ▲ +249.6% |
| 2017 | 0.75x | CA$1.52 Billion | CA$2.02 Billion | ▼ -82.6% |
| 2016 | 4.33x | CA$5.44 Billion | CA$1.26 Billion | ▲ +10.0% |
| 2015 | 3.94x | CA$6.38 Billion | CA$1.62 Billion | ▲ +39.5% |
| 2014 | 2.82x | CA$4.15 Billion | CA$1.47 Billion | ▲ +487.7% |
| 2013 | 0.48x | CA$696.00 Million | CA$1.45 Billion | ▼ -59.6% |
| 2012 | 1.19x | CA$1.94 Billion | CA$1.63 Billion | ▼ -25.8% |
| 2011 | 1.60x | CA$2.08 Billion | CA$1.30 Billion | ▲ +130.3% |
| 2010 | -5.30x | CA$-5.48 Billion | CA$1.03 Billion | ▼ -1125.9% |
| 2009 | -0.43x | CA$-369.00 Million | CA$854.00 Million | ▲ +78.4% |
| 2008 | -2.00x | CA$-1.55 Billion | CA$776.00 Million | ▼ -141.2% |
| 2007 | 4.85x | CA$2.63 Billion | CA$541.00 Million | ▲ +275.9% |
| 2006 | -2.76x | CA$-2.40 Billion | CA$871.00 Million | ▲ +57.9% |
| 2005 | -6.55x | CA$-5.60 Billion | CA$855.00 Million | ▼ -1785.1% |
| 2004 | 0.39x | CA$282.00 Million | CA$725.00 Million | ▲ +105.1% |
| 2003 | -7.57x | CA$-4.72 Billion | CA$624.00 Million | ▼ -121.8% |
| 2002 | -3.41x | CA$-1.46 Billion | CA$429.00 Million | ▼ -79.9% |
| 2001 | -1.90x | CA$-1.07 Billion | CA$563.00 Million | ▼ -196.4% |
| 2000 | 1.97x | CA$1.00 Billion | CA$509.00 Million | ▲ +31.3% |
| 1999 | 1.50x | CA$625.00 Million | CA$417.00 Million | ▲ +51.3% |
| 1998 | 0.99x | CA$313.00 Million | CA$316.00 Million | ▼ -78.5% |
| 1997 | 4.60x | CA$1.57 Billion | CA$342.00 Million | ▲ +1989.4% |
| 1996 | 0.22x | CA$70.00 Million | CA$318.00 Million | ▼ -94.6% |
| 1995 | 4.09x | CA$1.00 Billion | CA$245.00 Million | ▲ +129.4% |
| 1994 | 1.78x | CA$387.70 Million | CA$217.20 Million | ▼ -41.4% |
| 1993 | 3.04x | CA$531.40 Million | CA$174.60 Million | — |