Barrett Business Services, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $54.4M | $53.0M | $50.6M | $47.3M | $38.1M | $33.8M | $48.3M | $38.1M |
| Depreciation & Amortization | $8.3M | $7.6M | $7.1M | $6.2M | $5.3M | $4.8M | $3.9M | $4.2M |
| Depreciation | $3.6M | $3.7M | $3.6M | $3.4M | $3.1M | $3.4M | $3.3M | $3.8M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $10.4M | $8.8M | $8.5M | $7.4M | $5.4M | $3.4M | $7.2M | $5.5M |
| Net Cash from Operating Activities | $66.0M | $10.1M | $67.2M | $27.8M | $-15.5M | $-27.9M | $77.1M | $69.8M |
| Investing Activities | ||||||||
| Capital Expenditures | $18.8M | $14.2M | $11.8M | $16.0M | $6.8M | $8.6M | $10.8M | $5.7M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $30.8M | $38.8M | $-55.2M | $61.2M | $-112.9M | $4.1M | $66.3M | $-39.3M |
| Financing Activities | ||||||||
| Dividends Paid | $8.2M | $8.1M | $8.1M | $8.5M | $9.1M | $9.1M | $8.2M | $7.3M |
| Stock Repurchases | $42.0M | $29.1M | $34.2M | $47.2M | $17.3M | $8.1M | — | — |
| Net Cash from Financing Activities | $-53.0M | $-41.1M | $-44.6M | $-60.2M | $-26.9M | $-15.7M | $-10.8M | $-9.9M |
| Net Change in Cash | $43.7M | $7.7M | $-32.5M | $28.7M | $-155.2M | $-39.5M | $132.6M | $20.5M |
| Free Cash Flow | $47.2M | $-4.1M | $55.4M | $11.8M | $-22.3M | $-36.5M | $66.3M | $64.1M |