Driven Brands Holdings Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | $140.2M | $-292.5M | $-745.0M | $43.2M | $9.6M | $-4.2M | $7.7M |
| Depreciation & Amortization | $81.9M | $79.0M | $76.6M | $147.2M | $112.8M | $62.1M | $24.2M |
| Depreciation | $63.0M | $56.0M | $51.0M | $120.0M | $91.0M | $44.0M | $13.0M |
| Amortization | $19.0M | $23.0M | $25.0M | $27.0M | $19.0M | $18.0M | $11.0M |
| Stock-Based Compensation | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $330.5M | $244.0M | $228.6M | $197.2M | $283.8M | $84.0M | $41.4M |
| Investing Activities | |||||||
| Capital Expenditures | $222.8M | $288.6M | $596.5M | $436.2M | $160.8M | $52.5M | $28.2M |
| Business Acquisitions | $11.3M | $3.0M | $59.6M | $763.1M | $800.8M | $105.0M | $454.2M |
| Net Cash from Investing Activities | $232.7M | $50.1M | $-451.4M | $-840.3M | $-814.9M | $-57.3M | $-482.4M |
| Financing Activities | |||||||
| Dividends Paid | — | — | — | — | — | — | — |
| Stock Repurchases | $0 | $0 | $50.0M | $0 | $43.0M | $0 | $0 |
| Net Cash from Financing Activities | $-565.0M | $-303.9M | $170.3M | $343.4M | $885.5M | $118.6M | $446.5M |
| Net Change in Cash | $4.0M | $-14.0M | $-52.1M | $-302.0M | $355.0M | $149.8M | $5.4M |
| Free Cash Flow | $107.8M | $-44.7M | $-367.9M | $-239.0M | $123.1M | $31.5M | $13.1M |