Westpac Banking Corporation (WBC) — Financial Flexibility Index

Latest as of March 2026: 0.01x

Westpac Banking Corporation (WBC) has a Financial Flexibility Index of 0.01x as of March 2026. Free cash flow of AU$11.27 Billion (operating CF AU$11.15 Billion minus capex AU$115.00 Million) represents 0% of total liabilities (AU$1.10 Trillion). Also explore WBC year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.01x
Free Cash Flow / Total Liabilities

Free Cash Flow

AU$11.27 Billion
Operating CF − Capex

Total Liabilities

AU$1.10 Trillion
AUD

Capital Expenditures

AU$115.00 Million
AUD

Westpac Banking Corporation Financial Flexibility Index (1990–2025)

Historical Financial Flexibility Index trend for Westpac Banking Corporation across 42 annual periods. Check asset allocation strategy of Westpac Banking Corporation to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for Westpac Banking Corporation (1990–2025)

Year-by-year free cash flow to debt coverage for Westpac Banking Corporation. For the full company profile including market capitalisation, see Westpac Banking Corporation market cap and net worth.

Year Flexibility Index Free Cash Flow (AUD) Operating CF Total Liabilities YoY Change
2025 0.01x AU$14.30 Billion AU$13.93 Billion AU$1.05 Trillion ▲ +2055.2%
2024 0.00x AU$-698.00 Million AU$-933.00 Million AU$1.01 Trillion ▲ +98.1%
2023 -0.04x AU$-35.25 Billion AU$-35.49 Billion AU$957.24 Billion ▼ -93.8%
2022 -0.02x AU$-17.93 Billion AU$-18.10 Billion AU$943.69 Billion ▼ -197.1%
2021 0.02x AU$16.91 Billion AU$16.67 Billion AU$863.78 Billion ▼ -44.9%
2020 0.04x AU$29.98 Billion AU$29.74 Billion AU$843.87 Billion ▲ +376.5%
2019 0.01x AU$6.27 Billion AU$5.99 Billion AU$841.12 Billion ▲ +257.9%
2018 0.00x AU$-3.85 Billion AU$-4.16 Billion AU$815.02 Billion ▼ -27.1%
2017 0.00x AU$-2.88 Billion AU$-4.50 Billion AU$774.34 Billion ▼ -110.8%
2017 0.03x AU$30.32 Billion AU$29.27 Billion AU$883.58 Billion ▲ +235.9%
2017 -0.03x AU$-19.96 Billion AU$-20.23 Billion AU$790.53 Billion ▼ -380.2%
2016 0.01x AU$6.66 Billion AU$5.38 Billion AU$738.90 Billion ▼ -64.4%
2016 0.03x AU$20.98 Billion AU$20.04 Billion AU$827.64 Billion ▲ +160.4%
2016 -0.04x AU$-32.75 Billion AU$-33.27 Billion AU$781.02 Billion ▼ -866.7%
2015 0.00x AU$-3.09 Billion AU$-4.46 Billion AU$712.28 Billion ▼ -117.2%
2015 0.03x AU$19.48 Billion AU$18.46 Billion AU$773.54 Billion ▲ +327.6%
2015 -0.01x AU$-8.39 Billion AU$-9.07 Billion AU$758.24 Billion ▼ -489.0%
2014 0.00x AU$2.08 Billion AU$1.09 Billion AU$730.61 Billion ▲ +138.4%
2014 -0.01x AU$-5.34 Billion AU$-5.86 Billion AU$721.50 Billion ▼ -229.8%
2013 0.01x AU$3.73 Billion AU$3.42 Billion AU$653.56 Billion ▲ +132.8%
2012 -0.02x AU$-10.58 Billion AU$-10.84 Billion AU$609.06 Billion ▼ -0.1%
2011 -0.02x AU$-10.87 Billion AU$-12.01 Billion AU$626.42 Billion ▼ -847.6%
2010 0.00x AU$1.34 Billion AU$468.00 Million AU$578.16 Billion ▼ -94.0%
2009 0.04x AU$21.34 Billion AU$20.76 Billion AU$553.02 Billion ▲ +258.5%
2008 -0.02x AU$-10.22 Billion AU$-10.73 Billion AU$419.78 Billion ▼ -890.9%
2007 0.00x AU$-877.00 Million AU$-1.27 Billion AU$356.99 Billion ▼ -19.5%
2006 0.00x AU$-583.00 Million AU$-1.03 Billion AU$283.48 Billion ▼ -110.2%
2005 0.02x AU$4.91 Billion AU$4.57 Billion AU$242.91 Billion ▼ -20.0%
2004 0.03x AU$5.78 Billion AU$5.49 Billion AU$228.68 Billion ▼ -18.4%
2003 0.03x AU$6.42 Billion AU$6.09 Billion AU$207.37 Billion ▲ +38.0%
2002 0.02x AU$4.05 Billion AU$3.77 Billion AU$180.59 Billion ▲ +2.3%
2001 0.02x AU$3.95 Billion AU$3.65 Billion AU$180.18 Billion ▲ +34.1%
2000 0.02x AU$2.59 Billion AU$2.17 Billion AU$158.36 Billion ▲ +148.5%
1999 0.01x AU$863.21 Million AU$501.19 Million AU$131.25 Billion ▼ -64.5%
1998 0.02x AU$2.39 Billion AU$1.99 Billion AU$128.82 Billion ▲ +535.6%
1997 0.00x AU$322.72 Million AU$4.96 Million AU$110.65 Billion ▼ -70.7%
1996 0.01x AU$1.13 Billion AU$1.13 Billion AU$113.92 Billion ▼ -73.0%
1994 0.04x AU$3.19 Billion AU$3.05 Billion AU$86.55 Billion ▲ +204.4%
1993 0.01x AU$1.19 Billion AU$1.08 Billion AU$97.87 Billion ▼ -49.8%
1992 0.02x AU$2.50 Billion AU$2.39 Billion AU$103.81 Billion ▲ +399.7%
1991 0.00x AU$476.71 Million AU$476.71 Million AU$98.85 Billion ▼ -88.0%
1990 0.04x AU$4.03 Billion AU$3.46 Billion AU$100.28 Billion
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities