Hub Group, Inc.
Cash Flow Statement
| Line Item | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $104.0M | $167.5M | $356.9M | $171.5M | $73.6M | $107.2M | $201.7M | $135.2M |
| Depreciation & Amortization | $192.6M | $184.4M | $153.7M | $130.6M | $123.7M | $116.9M | $83.9M | $62.2M |
| Depreciation | $106.7M | $114.4M | $103.1M | $95.5M | $95.3M | $89.5M | $75.1M | $55.6M |
| Amortization | $33.5M | $27.2M | $26.6M | $18.7M | $13.8M | $13.8M | $5.7M | $3.0M |
| Stock-Based Compensation | $19.2M | $21.3M | $20.4M | $20.1M | $17.1M | $16.3M | $13.5M | $9.9M |
| Net Cash from Operating Activities | $194.4M | $422.2M | $458.2M | $252.8M | $175.0M | $254.5M | $210.8M | $125.2M |
| Investing Activities | ||||||||
| Capital Expenditures | $50.8M | $140.1M | $219.1M | $133.0M | $115.3M | $94.8M | $199.8M | $74.5M |
| Business Acquisitions | $14.6M | $260.8M | $102.7M | $122.4M | $84.8M | $734.0K | $248.7M | $165.9M |
| Net Cash from Investing Activities | $-53.3M | $-373.2M | $-278.9M | $-210.1M | $-196.9M | $-66.1M | $-209.5M | $-235.1M |
| Financing Activities | ||||||||
| Dividends Paid | $30.2M | $0 | $0 | — | — | — | — | — |
| Stock Repurchases | $68.3M | $143.8M | $75.0M | $0 | $0 | $25.0M | — | — |
| Net Cash from Financing Activities | $-201.3M | $-148.4M | $-52.5M | $-7.4M | $-22.3M | $-81.1M | $31.6M | $11.1M |
| Net Change in Cash | $-60.3M | $-99.4M | $126.9M | $35.3M | $-44.2M | $107.3M | $32.9M | $-98.8M |
| Free Cash Flow | $143.6M | $282.1M | $239.0M | $119.9M | $59.6M | $159.7M | $11.0M | $50.7M |