Polski Koncern Naftowy ORLEN SA (PKN) — Cash Flow Quality Index

Latest as of December 2025: 4.13x

Polski Koncern Naftowy ORLEN SA (PKN) has a Cash Flow Quality Index of 4.13x as of December 2025. Operating cash flow of zł12.91 Billion exceeds net income of zł3.13 Billion, indicating high earnings quality where cash backs reported profits. Explore PKN debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

4.13x
Operating CF / Net Income

Operating Cash Flow

zł12.91 Billion
PLN

Net Income

zł3.13 Billion
PLN

Data as of

Dec 2025
Most recent filing

Polski Koncern Naftowy ORLEN SA Cash Flow Quality Index (2004–2025)

Historical Cash Flow Quality Index for Polski Koncern Naftowy ORLEN SA across 20 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see PKN cash generation efficiency.

Annual Cash Flow Quality Index for Polski Koncern Naftowy ORLEN SA (2004–2025)

Year-by-year earnings quality comparison for Polski Koncern Naftowy ORLEN SA.

Year Quality Index Operating CF (PLN) Net Income YoY Change
2025 18.66x zł47.22 Billion zł2.53 Billion ▲ +681.1%
2024 2.39x zł36.63 Billion zł15.34 Billion ▲ +17.9%
2023 2.03x zł41.91 Billion zł20.68 Billion ▲ +165.8%
2022 0.76x zł30.95 Billion zł40.59 Billion ▼ -21.5%
2021 0.97x zł13.29 Billion zł13.68 Billion ▼ -61.7%
2020 2.54x zł7.25 Billion zł2.86 Billion ▲ +45.7%
2019 1.74x zł9.32 Billion zł5.35 Billion ▲ +148.6%
2018 0.70x zł4.98 Billion zł7.11 Billion ▼ -24.2%
2017 0.92x zł8.05 Billion zł8.72 Billion ▼ -31.8%
2016 1.35x zł9.33 Billion zł6.89 Billion ▼ -18.2%
2015 1.66x zł5.35 Billion zł3.23 Billion ▼ -97.4%
2013 63.01x zł5.67 Billion zł90.00 Million ▲ +4326.2%
2012 1.42x zł3.09 Billion zł2.17 Billion ▲ +1011.6%
2011 0.13x zł264.64 Million zł2.07 Billion ▼ -92.8%
2010 1.78x zł5.56 Billion zł3.12 Billion ▼ -56.5%
2009 4.10x zł4.50 Billion zł1.10 Billion ▲ +687.0%
2007 0.52x zł1.36 Billion zł2.60 Billion ▼ -61.5%
2006 1.35x zł3.49 Billion zł2.58 Billion ▲ +91.6%
2005 0.71x zł3.50 Billion zł4.95 Billion ▼ -51.5%
2004 1.46x zł3.62 Billion zł2.48 Billion —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.