CoStar Group, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $7.0M | $139.0M | $375.0M | $369.5M | $292.6M | $227.1M | $315.0M | $238.3M |
| Depreciation & Amortization | $263.0M | $147.0M | $108.0M | $137.9M | $139.6M | $116.9M | $81.2M | $77.7M |
| Depreciation | $64.0M | $57.0M | $34.0M | $29.1M | $29.0M | $28.8M | $26.0M | $26.0M |
| Amortization | $118.0M | $44.0M | $42.0M | $73.6M | $74.8M | $62.5M | $34.0M | $30.9M |
| Stock-Based Compensation | $194.0M | $89.0M | $85.0M | $75.2M | $63.7M | $53.5M | $52.3M | $41.2M |
| Net Cash from Operating Activities | $430.0M | $393.0M | $490.0M | $478.7M | $469.7M | $486.1M | $457.8M | $335.5M |
| Investing Activities | ||||||||
| Capital Expenditures | $307.0M | $579.0M | $118.0M | $35.2M | $123.7M | $0 | $0 | $29.6M |
| Business Acquisitions | $2.35B | $277.0M | $100.0M | $6.3M | $193.0M | $426.1M | $437.6M | $418.4M |
| Net Cash from Investing Activities | $-2.82B | $-913.0M | $-239.0M | $-69.1M | $-381.3M | $-464.2M | $-483.8M | $-448.0M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $500.0M | $0 | $0 | — | — | — | — | — |
| Net Cash from Financing Activities | $-559.0M | $-14.0M | $-4.0M | $734.0M | $-15.7M | $2.66B | $-4.2M | $2.7M |
| Net Change in Cash | $-2.95B | $-535.0M | $248.0M | $1.14B | $71.2M | $2.69B | $-29.7M | $-111.0M |
| Free Cash Flow | $123.0M | $-186.0M | $372.0M | $443.5M | $346.0M | $486.1M | $457.8M | $305.8M |