Heidelberg Materials AG (HEI) — Cash Flow Quality Index
Heidelberg Materials AG (HEI) has a Cash Flow Quality Index of 1.50x as of December 2025. Operating cash flow of €3.25 Billion exceeds net income of €2.17 Billion, indicating high earnings quality where cash backs reported profits. Explore HEI long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Heidelberg Materials AG Cash Flow Quality Index (2002–2025)
Historical Cash Flow Quality Index for Heidelberg Materials AG across 22 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible net worth ratio of Heidelberg Materials AG to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Heidelberg Materials AG (2002–2025)
Year-by-year earnings quality comparison for Heidelberg Materials AG. For live market cap and the full company financial profile, see HEI company net worth.
| Year | Quality Index | Operating CF (EUR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.64x | €3.25 Billion | €1.99 Billion | ▼ -9.6% |
| 2024 | 1.81x | €3.23 Billion | €1.78 Billion | ▲ +9.2% |
| 2023 | 1.66x | €3.21 Billion | €1.93 Billion | ▲ +18.9% |
| 2022 | 1.40x | €2.42 Billion | €1.73 Billion | ▲ +13.6% |
| 2021 | 1.23x | €2.40 Billion | €1.95 Billion | ▼ -41.1% |
| 2019 | 2.09x | €2.66 Billion | €1.27 Billion | ▲ +38.1% |
| 2018 | 1.51x | €1.97 Billion | €1.30 Billion | ▼ -17.6% |
| 2017 | 1.84x | €2.04 Billion | €1.11 Billion | ▼ -11.8% |
| 2016 | 2.08x | €1.87 Billion | €899.50 Million | ▲ +46.5% |
| 2015 | 1.42x | €1.45 Billion | €1.02 Billion | ▼ -16.7% |
| 2014 | 1.71x | €1.48 Billion | €866.30 Million | ▲ +36.9% |
| 2013 | 1.25x | €1.06 Billion | €847.50 Million | ▼ -62.4% |
| 2012 | 3.32x | €1.51 Billion | €456.50 Million | ▲ +38.3% |
| 2011 | 2.40x | €1.33 Billion | €555.90 Million | ▲ +7.0% |
| 2010 | 2.24x | €1.14 Billion | €510.90 Million | ▼ -67.7% |
| 2009 | 6.94x | €1.16 Billion | €167.69 Million | ▲ +774.7% |
| 2008 | 0.79x | €1.52 Billion | €1.92 Billion | ▼ -93.3% |
| 2007 | 11.85x | €1.91 Billion | €161.26 Million | ▲ +795.1% |
| 2006 | 1.32x | €1.26 Billion | €950.67 Million | ▼ -31.0% |
| 2005 | 1.92x | €795.02 Million | €414.50 Million | ▼ -66.1% |
| 2003 | 5.66x | €660.22 Million | €116.56 Million | ▲ +48.8% |
| 2002 | 3.81x | €944.84 Million | €248.16 Million | — |