Affirm Holdings Inc (AFRM) — Financial Flexibility Index

Latest as of June 2026: 0.04x

Affirm Holdings Inc (AFRM) has a Financial Flexibility Index of 0.04x as of June 2026. Free cash flow of $363.24 Million (operating CF $296.37 Million minus capex $66.87 Million) represents 0% of total liabilities ($10.31 Billion). Check AFRM cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.04x
Free Cash Flow / Total Liabilities

Free Cash Flow

$363.24 Million
Operating CF − Capex

Total Liabilities

$10.31 Billion
USD

Capital Expenditures

$66.87 Million
USD

Affirm Holdings Inc Financial Flexibility Index (2019–2026)

Historical Financial Flexibility Index trend for Affirm Holdings Inc across 8 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Affirm Holdings Inc.

Annual Financial Flexibility Index for Affirm Holdings Inc (2019–2026)

Year-by-year free cash flow to debt coverage for Affirm Holdings Inc. Explore Affirm Holdings Inc (AFRM) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2026 0.14x $1.47 Billion $1.23 Billion $10.31 Billion ▲ +16.9%
2025 0.12x $986.10 Million $793.91 Million $8.09 Billion ▲ +35.8%
2024 0.09x $609.43 Million $450.14 Million $6.79 Billion ▲ +279.6%
2023 0.02x $132.96 Million $12.18 Million $5.62 Billion ▲ +304.0%
2022 -0.01x $-50.49 Million $-162.19 Million $4.36 Billion ▲ +84.6%
2021 -0.08x $-172.88 Million $-193.13 Million $2.29 Billion ▼ -165.5%
2020 -0.03x $-50.28 Million $-71.30 Million $1.77 Billion ▲ +43.7%
2019 -0.05x $-71.25 Million $-92.50 Million $1.41 Billion
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities