Avantor, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-530.2M | $711.5M | $321.1M | $686.5M | $572.6M | $116.6M | $37.8M | $-86.9M |
| Depreciation & Amortization | $410.2M | $405.5M | $402.3M | $405.5M | $379.2M | $395.4M | $398.9M | $404.6M |
| Depreciation | $109.1M | $105.7M | $94.6M | $87.2M | $88.4M | $87.9M | $86.6M | $83.3M |
| Amortization | $301.1M | $299.8M | $307.7M | $318.3M | $290.8M | $307.5M | $312.3M | $321.3M |
| Stock-Based Compensation | $46.4M | $46.8M | $40.5M | $45.8M | $50.7M | $44.1M | $67.9M | $18.4M |
| Net Cash from Operating Activities | $623.8M | $840.8M | $870.0M | $843.6M | $953.6M | $929.8M | $354.0M | $200.5M |
| Investing Activities | ||||||||
| Capital Expenditures | $128.8M | $148.8M | $146.4M | $133.4M | $111.1M | $61.6M | $51.6M | $37.7M |
| Business Acquisitions | — | $0 | $0 | $20.2M | $4.01B | $0 | $0 | $0 |
| Net Cash from Investing Activities | $-130.5M | $438.9M | $-143.7M | $-109.6M | $-4.12B | $-59.1M | $-42.1M | $-23.2M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $75.1M | $0 | $0 | — | — | — | — | — |
| Net Cash from Financing Activities | $-409.4M | $-1.28B | $-843.7M | $-648.7M | $3.22B | $-782.9M | $-307.8M | $-170.3M |
| Net Change in Cash | $103.6M | $-23.0M | $-109.2M | $69.8M | $37.9M | $99.9M | $1.6M | $-800.0K |
| Free Cash Flow | $495.0M | $692.0M | $723.6M | $710.2M | $842.5M | $868.2M | $302.4M | $162.8M |