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Cash flow from operations refers to the cash brought in through a company's normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.
Henkel AG KGaA (OTCPK:HENOF) Cash Flow from Operations Explanation
For companies reported in indirect method, cash flow from operations contains six items:
1. Net Income From Continuing Operations:
Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.
Henkel AG KGaA's net income from continuing operations for the
six
months ended in Dec. 2025 was $1,493 Mil.
2. Depreciation, Depletion and Amortization:
Depreciation is a present expense that accounts for the past cost of an asset that is now providing benefits.
Depletion and amortization are synonyms for depreciation.
Generally:
The term depreciation is used when discussing man made tangible assets
The term depletion is used when discussing natural tangible assets
The term amortization is used when discussing intangible assets
Henkel AG KGaA's depreciation, depletion and amortization for the
six
months ended in Dec. 2025 was $416 Mil.
3. Change In Working Capital:
Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities. Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow.
Henkel AG KGaA's change in working capital for the
six
months ended in Dec. 2025 was $676 Mil. It means Henkel AG KGaA's working capital
increased by $676 Mil
from Jun. 2025 to Dec. 2025 .
4. Deferred Tax:
It is the cash flow generated from deferred tax.
Henkel AG KGaA's cash flow from deferred tax for the
six
months ended in Dec. 2025 was $0 Mil.
Henkel AG KGaA's cash from discontinued operating Activities for the
six
months ended in Dec. 2025 was $0 Mil.
6. Asset Impairment Charge:
It is the charge against earnings resulting from the aggregate write down of all assets from their carrying value to their fair value.
Henkel AG KGaA's asset impairment charge for the
six
months ended in Dec. 2025 was $0 Mil.
7. Stock Based Compensation:
It is a way corporations use stock options to reward employees. It provides executives and employees the opportunity to share in the growth of the company and, if structured properly, can align their interests with the interests of the company's shareholders and investors, without burning the company's cash on hand.
Henkel AG KGaA's stock based compensation for the
six
months ended in Dec. 2025 was $0 Mil.
8. Cash Flow from Others:
These are cash differences caused by the change of inventory, accounts payable, accounts receivable etc. For instance, if a company pays its suppliers slower, its cash position will build up faster. If a company receives payments from its customers slower, its account receivables will rise, and its cash position will grow more slowly (or even shrink).
Henkel AG KGaA's cash flow from others for the
six
months ended in Dec. 2025 was $-402 Mil.
Henkel AG KGaA Cash Flow from Operations Related Terms
Henkel AG KGaA Cash Flow from Operations Historical Data
* Premium members only.
The historical data trend for Henkel AG KGaA's Cash Flow from Operations can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Henkel AG KGaA Cash Flow from Operations Calculation
Cash flow from operations refers to the cash brought in through a company's normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.
Henkel AG KGaA's Cash Flow from Operations for the fiscal year that ended in Dec. 2025 is calculated as:
Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $2,957 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Cash Flow from Operations of $2,957 Mil mean?
Henkel AG KGaA (HENOF) has a Cash Flow from Operations of $2,957 Mil as of Dec. 2025. Cash Flow from Operations is the amount of cash earned or paid from standard business operations. View historical data for Henkel AG KGaA and its competitors.
Is Henkel AG KGaA's Cash Flow from Operations too high?
Henkel AG KGaA's current Cash Flow from Operations is $2,957 Mil. Overall, Henkel AG KGaA has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Henkel AG KGaA's Cash Flow from Operations compare to PG and CL?
Henkel AG KGaA's Cash Flow from Operations of $2,957 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Flow from Operations for a Consumer Packaged Goods company?
A good Cash Flow from Operations depends on the Consumer Packaged Goods industry context. However, Cash Flow from Operations should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Flow from Operations mean?
A high Cash Flow from Operations can signal that a stock is expensive relative to its fundamentals. Cash Flow from Operations is the amount of cash earned or paid from standard business operations. View historical data for Henkel AG KGaA and its competitors. Henkel AG KGaA's current Cash Flow from Operations is $2,957 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Henkel AG KGaA stock overvalued right now?
Based on GuruFocus' analysis, Henkel AG KGaA (HENOF) is currently considered Fairly Valued. The stock's GF Value™ is $83.43, compared to a current price of $82.56 — trading 1% below its estimated fair value. The current Cash Flow from Operations is $2,957 Mil. Henkel AG KGaA's overall GF Score™ is 76/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Flow from Operations calculated?
Cash Flow from Operations is calculated from a company's financial statements. For Henkel AG KGaA (HENOF), the current Cash Flow from Operations is $2,957 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Henkel AG KGaA (HENOF) Overvalued in 2026?
Based on GuruFocus' analysis, Henkel AG KGaA stock appears to be undervalued.
The current stock price of $82.56 is trading 1% below its estimated GF Value™ of $83.43.
GuruFocus considers Henkel AG KGaA to be Fairly Valued.
Key valuation signals for HENOF:
Cash Flow from Operations: $2,957 Mil
GF Value™: $83.43 vs. price of $82.56 (1% below fair value)
No single metric tells the full story. See the HENOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Two distinct customer groups constitute Henkel. The consumer segment (around 47% of consolidated 2025 sales) is laundry and homecare, including the Persil and Purex laundry detergent brands; haircare, including the Schwarzkopf brand; and other brands, including Dial in hand soap. The adhesive technologies segment makes up the remaining 53% of sales. Sales in Europe accounted for 38% of the firm's consolidated total in 2025, while Asia-Pacific and North America accounted for 17% and 26%, respectively.
76GF Score
Get the complete analysis for HENOF
Cash Flow from Operations is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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