J&J SNACK FOODS CORP.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $65.6M | $86.6M | $78.9M | $47.2M | $55.6M | $18.3M | $94.8M | $103.6M |
| Depreciation & Amortization | $73.3M | $70.6M | $63.1M | $53.1M | $49.4M | $53.0M | $48.6M | $46.5M |
| Depreciation | $66.0M | $63.4M | $56.6M | $49.7M | $46.8M | $49.8M | $45.2M | $42.9M |
| Amortization | $7.3M | $7.2M | $6.5M | $3.5M | $2.6M | $3.2M | $3.3M | $3.5M |
| Stock-Based Compensation | $6.3M | $6.2M | $5.3M | $4.3M | $4.2M | $4.6M | $4.2M | $3.9M |
| Net Cash from Operating Activities | $165.1M | $173.1M | $172.3M | $26.1M | $101.5M | $92.1M | $147.5M | $123.4M |
| Investing Activities | ||||||||
| Capital Expenditures | $82.9M | $73.6M | $104.7M | $87.3M | $53.6M | $57.8M | $57.1M | $60.0M |
| Business Acquisitions | $0 | $7.0M | $0 | $221.3M | $0 | $57.2M | $1.2M | $0 |
| Net Cash from Investing Activities | $-70.1M | $-77.7M | $-93.2M | $-296.2M | $9.9M | $-44.5M | $-43.4M | $-73.1M |
| Financing Activities | ||||||||
| Dividends Paid | $60.8M | $57.0M | $53.9M | $48.4M | $44.8M | $42.1M | $36.6M | $33.1M |
| Stock Repurchases | $8.0M | $0 | $0 | $0 | $0 | $9.0M | $0 | $2.8M |
| Net Cash from Financing Activities | $-64.7M | $-68.4M | $-66.8M | $22.2M | $-24.7M | $-43.5M | $-22.8M | $-27.3M |
| Net Change in Cash | $32.5M | $23.8M | $14.4M | $-248.0M | $87.4M | $3.4M | $80.9M | $20.5M |
| Free Cash Flow | $82.3M | $99.5M | $67.5M | $-61.2M | $47.9M | $34.3M | $90.4M | $63.3M |
When you sell in desperation, you always sell cheap.