Advanced Energy Industries, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $148.4M | $54.2M | $128.3M | $199.7M | $134.7M | $134.7M | $64.9M | $147.0M |
| Depreciation & Amortization | $62.0M | $68.5M | $66.5M | $60.3M | $52.9M | $47.8M | $26.1M | $13.6M |
| Depreciation | $39.8M | $42.5M | $38.3M | $34.2M | $30.8M | $27.6M | $14.0M | $7.8M |
| Amortization | $22.1M | $26.0M | $28.3M | $26.1M | $22.1M | $20.1M | $12.2M | $5.8M |
| Stock-Based Compensation | $55.7M | $45.9M | $31.0M | $19.8M | $15.7M | $12.3M | $7.3M | $9.7M |
| Net Cash from Operating Activities | $233.3M | $130.8M | $208.9M | $183.6M | $140.2M | $201.2M | $48.4M | $151.3M |
| Investing Activities | ||||||||
| Capital Expenditures | $107.4M | $56.8M | $61.0M | $58.9M | $28.8M | $36.4M | $25.2M | $20.3M |
| Business Acquisitions | — | $13.8M | — | $149.4M | $21.5M | $5.5M | $366.1M | $93.8M |
| Net Cash from Investing Activities | $-109.8M | $-73.6M | $-64.7M | $-208.3M | $-47.3M | $-42.8M | $-393.8M | $-113.6M |
| Financing Activities | ||||||||
| Dividends Paid | $15.6M | $15.4M | $15.2M | $15.2M | $15.4M | — | — | — |
| Stock Repurchases | $30.2M | $1.8M | $40.0M | $26.6M | $78.1M | $11.6M | — | $95.1M |
| Net Cash from Financing Activities | $-56.1M | $-377.1M | $445.7M | $-61.9M | $-25.4M | $-29.6M | $338.8M | $-97.1M |
| Net Change in Cash | $69.1M | $-322.5M | $585.8M | $-85.6M | $64.0M | $133.9M | $-8.1M | $-60.5M |
| Free Cash Flow | $125.9M | $74.0M | $147.9M | $124.7M | $111.4M | $164.9M | $23.2M | $130.9M |