COUSINS PROPERTIES INC
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $40.5M | $46.0M | $83.0M | $166.8M | $278.6M | $237.3M | $152.7M | $80.8M |
| Depreciation & Amortization | $415.4M | $365.0M | $314.9M | $295.6M | $288.1M | $288.6M | $257.1M | $181.4M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $10.8M | $13.0M | $15.5M | $21.4M | $32.7M | $43.1M | $45.6M | $27.0M |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $402.3M | $400.2M | $368.4M | $365.2M | $389.5M | $351.1M | $303.2M | $229.0M |
| Investing Activities | ||||||||
| Capital Expenditures | $267.2M | $252.7M | $279.5M | $342.2M | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-425.7M | $-1.31B | $-295.7M | $-334.5M | $-191.1M | $-132.5M | $-357.4M | $-284.5M |
| Financing Activities | ||||||||
| Dividends Paid | $215.8M | $195.4M | $194.3M | $192.3M | $182.8M | $176.3M | $142.9M | $107.2M |
| Stock Repurchases | — | — | — | — | — | — | — | $0 |
| Net Cash from Financing Activities | $21.8M | $906.5M | $-71.7M | $-35.7M | $-194.4M | $-230.1M | $69.2M | $-147.6M |
| Net Change in Cash | $-1.6M | $1.3M | $902.0K | $-5.0M | $4.0M | $-11.5M | $14.9M | $-203.1M |
| Free Cash Flow | $135.0M | $147.5M | $88.8M | $22.9M | — | — | — | — |