Donnelley Financial Solutions, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $32.4M | $92.4M | $82.2M | $102.5M | $145.9M | $-25.9M | $37.6M | $73.6M |
| Depreciation & Amortization | $59.3M | $60.2M | $56.7M | $46.3M | $40.3M | $50.9M | $49.6M | $45.8M |
| Depreciation | $4.9M | $6.4M | $8.4M | $7.1M | $6.4M | $8.1M | $7.7M | $7.5M |
| Amortization | — | — | $2.8M | $900.0K | $1.1M | $12.4M | $14.3M | $13.7M |
| Stock-Based Compensation | $31.4M | $25.2M | $22.5M | $19.3M | $19.5M | $13.6M | $8.9M | $9.2M |
| Net Cash from Operating Activities | $164.9M | $171.1M | $124.0M | $150.2M | $180.0M | $154.2M | $54.5M | $66.3M |
| Investing Activities | ||||||||
| Capital Expenditures | $57.1M | $65.9M | $61.8M | $54.2M | $42.3M | $31.1M | $44.8M | $37.1M |
| Business Acquisitions | — | — | $0 | $0 | $3.6M | $0 | $4.5M | $12.5M |
| Net Cash from Investing Activities | $-57.0M | $-53.3M | $-51.3M | $-50.9M | $-45.0M | $-19.8M | $-12.2M | $30.2M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $185.0M | $81.6M | $40.3M | $164.7M | $40.9M | $11.8M | $1.8M | $1.5M |
| Net Cash from Financing Activities | $-141.8M | $-82.1M | $-84.6M | $-121.1M | $-154.9M | $-77.5M | $-74.5M | $-99.0M |
| Net Change in Cash | $-32.8M | $34.2M | $-11.1M | $-20.3M | $-19.1M | $56.4M | $-30.1M | $-4.7M |
| Free Cash Flow | $107.8M | $105.2M | $62.2M | $96.0M | $137.7M | $123.1M | $9.7M | $29.2M |