EPR PROPERTIES
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $274.9M | $146.1M | $173.0M | $176.2M | $98.6M | $-131.7M | $202.2M | $267.0M |
| Depreciation & Amortization | $169.2M | $165.7M | $168.0M | $163.7M | $163.8M | $170.3M | $158.8M | $138.4M |
| Depreciation | $165.4M | $161.9M | $159.3M | $158.8M | $158.3M | $162.6M | $153.2M | $133.7M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $15.3M | $14.1M | $17.5M | $16.7M | $14.9M | — | $13.2M | $15.1M |
| Net Cash from Operating Activities | $421.0M | $393.1M | $447.1M | $441.7M | $306.9M | $65.3M | $439.5M | $484.3M |
| Investing Activities | ||||||||
| Capital Expenditures | $151.7M | $263.9M | $269.4M | $402.5M | $56.6M | $38.7M | $500.6M | $187.5M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-121.7M | $-176.4M | $-201.0M | $-351.6M | $1.9M | $134.0M | $96.5M | $-96.8M |
| Financing Activities | ||||||||
| Dividends Paid | $290.7M | $279.9M | $272.2M | $265.7M | $117.5M | $172.5M | $367.3M | $342.3M |
| Stock Repurchases | $9.9M | $11.4M | $3.7M | $4.3M | $2.8M | $7.4M | $9.7M | $7.2M |
| Net Cash from Financing Activities | $-236.7M | $-261.6M | $-275.7M | $-269.4M | $-1.05B | $297.2M | $-23.2M | $-427.6M |
| Net Change in Cash | $62.9M | $-45.3M | $-29.5M | $-179.4M | $-738.1M | $496.6M | $512.9M | $-40.5M |
| Free Cash Flow | $269.2M | $129.2M | $177.7M | $39.2M | $250.4M | $26.6M | $-61.1M | $296.9M |