Abercrombie & Fitch Co.
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $506.9M | $566.2M | $328.1M | $2.8M | $263.0M | $-114.0M | $39.4M | $74.5M |
| Depreciation & Amortization | $155.0M | $153.8M | $141.1M | $132.2M | $144.0M | $166.3M | $173.6M | $178.0M |
| Depreciation | $152.6M | $150.8M | $138.5M | $129.7M | $141.4M | $167.2M | $172.6M | $172.8M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $39.0M | $38.7M | $40.1M | $29.0M | $29.3M | $18.7M | $14.0M | $21.8M |
| Net Cash from Operating Activities | $619.1M | $710.4M | $653.4M | $-2.3M | $277.8M | $404.9M | $300.7M | $352.9M |
| Investing Activities | ||||||||
| Capital Expenditures | $240.8M | $182.9M | $157.8M | $164.6M | $97.0M | $101.9M | $202.8M | $152.4M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-150.8M | $-297.7M | $-157.2M | $-140.7M | $-97.0M | $-51.9M | $-202.8M | $-152.4M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | $0 | $0 | $12.6M | $51.5M | $53.7M |
| Stock Repurchases | $451.2M | $229.8M | $0 | $125.8M | $377.3M | $15.2M | $63.5M | $68.7M |
| Net Cash from Financing Activities | $-495.4M | $-534.9M | $-111.2M | $-155.3M | $-446.9M | $69.7M | $-147.9M | $-131.7M |
| Net Change in Cash | $-13.5M | $-129.3M | $382.1M | $-306.8M | $-289.8M | $431.9M | $-53.6M | $47.9M |
| Free Cash Flow | $378.4M | $527.5M | $495.6M | $-166.9M | $180.8M | $303.0M | $97.9M | $200.5M |