BGC Group, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $155.0M | $123.2M | $38.8M | $58.9M | $153.5M | $50.9M | $43.9M | $202.2M |
| Depreciation & Amortization | $103.3M | $81.4M | $80.4M | $75.1M | $81.9M | $85.4M | $81.9M | $71.5M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $35.5M | $19.6M | $16.0M | $15.7M | $23.3M | $28.3M | $29.4M | $27.3M |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $394.4M | $315.4M | $405.2M | $224.4M | $417.2M | $302.6M | $241.1M | $-67.3M |
| Investing Activities | ||||||||
| Capital Expenditures | $21.5M | $29.6M | $14.9M | $10.6M | $10.1M | $30.8M | $46.7M | $24.5M |
| Business Acquisitions | $280.7M | $64.2M | $39.8M | $0 | $0 | $7.9M | $-28.3M | $50.6M |
| Net Cash from Investing Activities | $-282.6M | $-97.0M | $-90.7M | $-53.3M | $121.1M | $-77.9M | $-42.6M | — |
| Financing Activities | ||||||||
| Dividends Paid | $39.0M | $34.2M | $17.4M | $14.9M | $15.1M | $60.4M | $192.4M | $231.4M |
| Stock Repurchases | $281.5M | $262.2M | $114.6M | $103.9M | $365.4M | $6.0K | $1.2M | $10.4M |
| Net Cash from Financing Activities | $21.2M | $-149.0M | $-146.9M | $-233.2M | $-819.5M | $-13.1M | $18.2M | — |
| Net Change in Cash | $140.4M | $60.4M | $170.9M | $-64.8M | $-286.6M | $212.6M | $219.4M | $-380.0M |
| Free Cash Flow | $372.9M | $285.7M | $390.3M | $213.8M | $407.1M | $271.8M | $194.4M | $-91.9M |