MicroStrategy Incorporated (MSTR) — Financial Flexibility Index
MicroStrategy Incorporated (MSTR) has a Financial Flexibility Index of 0.00x as of June 2026. Free cash flow of $-2.37 Million (operating CF $-4.14 Million minus capex $1.77 Million) represents 0% of total liabilities ($7.24 Billion). Check MSTR cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
MicroStrategy Incorporated Financial Flexibility Index (1997–2025)
Historical Financial Flexibility Index trend for MicroStrategy Incorporated across 29 annual periods. For the full cash flow conversion analysis, see MicroStrategy Incorporated cash flow conversion.
Annual Financial Flexibility Index for MicroStrategy Incorporated (1997–2025)
Year-by-year free cash flow to debt coverage for MicroStrategy Incorporated. Explore MicroStrategy Incorporated cash 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 |
|---|---|---|---|---|---|
| 2025 | 2.12x | $22.45 Billion | $-67.24 Million | $10.60 Billion | ▼ -26.8% |
| 2024 | 2.89x | $22.03 Billion | $-53.03 Million | $7.61 Billion | ▲ +291.9% |
| 2023 | 0.74x | $1.92 Billion | $12.71 Million | $2.60 Billion | ▲ +602.5% |
| 2022 | 0.11x | $293.62 Million | $3.21 Million | $2.79 Billion | ▼ -90.0% |
| 2021 | 1.06x | $2.72 Billion | $93.83 Million | $2.58 Billion | ▼ -18.5% |
| 2020 | 1.30x | $1.18 Billion | $53.62 Million | $912.57 Million | ▲ +644.0% |
| 2019 | 0.17x | $71.05 Million | $60.87 Million | $408.01 Million | ▲ +224.9% |
| 2018 | 0.05x | $17.47 Million | $10.63 Million | $326.04 Million | ▼ -78.7% |
| 2017 | 0.25x | $82.30 Million | $78.32 Million | $327.49 Million | ▼ -51.9% |
| 2016 | 0.52x | $112.93 Million | $110.59 Million | $216.14 Million | ▼ -35.3% |
| 2015 | 0.81x | $162.78 Million | $149.70 Million | $201.61 Million | ▲ +434.5% |
| 2014 | 0.15x | $35.40 Million | $14.60 Million | $234.33 Million | ▼ -10.4% |
| 2013 | 0.17x | $46.41 Million | $29.93 Million | $275.19 Million | ▼ -46.6% |
| 2012 | 0.32x | $87.65 Million | $49.88 Million | $277.63 Million | ▼ -13.0% |
| 2011 | 0.36x | $103.41 Million | $60.81 Million | $284.87 Million | ▼ -10.5% |
| 2010 | 0.41x | $94.30 Million | $75.83 Million | $232.39 Million | ▼ -42.3% |
| 2009 | 0.70x | $118.93 Million | $96.44 Million | $169.10 Million | ▼ -18.3% |
| 2008 | 0.86x | $132.66 Million | $88.92 Million | $154.10 Million | ▲ +14.3% |
| 2007 | 0.75x | $104.02 Million | $97.90 Million | $138.06 Million | ▼ -20.2% |
| 2006 | 0.94x | $109.22 Million | $104.42 Million | $115.67 Million | ▼ -12.3% |
| 2005 | 1.08x | $104.46 Million | $102.55 Million | $97.05 Million | ▲ +13.7% |
| 2004 | 0.95x | $91.21 Million | $85.56 Million | $96.38 Million | ▲ +63.3% |
| 2003 | 0.58x | $40.82 Million | $36.64 Million | $70.45 Million | ▲ +3878.5% |
| 2002 | 0.01x | $1.67 Million | $-2.66 Million | $114.38 Million | ▲ +184.5% |
| 2001 | -0.02x | $-2.98 Million | $-4.87 Million | $172.99 Million | ▲ +94.2% |
| 2000 | -0.30x | $-72.46 Million | $-101.18 Million | $244.51 Million | ▼ -639.7% |
| 1999 | 0.05x | $5.58 Million | $-9.03 Million | $101.55 Million | ▼ -70.4% |
| 1998 | 0.19x | $6.75 Million | $-2.55 Million | $36.40 Million | ▼ -48.2% |
| 1997 | 0.36x | $10.91 Million | $4.96 Million | $30.50 Million | — |