Ingevity Corporation
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-167.1M | $-430.3M | $-5.4M | $211.6M | $118.1M | $181.4M | $183.7M | $169.1M |
| Depreciation & Amortization | $106.4M | $108.3M | $122.8M | $108.8M | $109.9M | $100.2M | $85.0M | $57.0M |
| Depreciation | $66.9M | $65.1M | $65.1M | $70.9M | $70.6M | $61.2M | $52.3M | $41.9M |
| Amortization | $30.6M | $32.2M | $41.9M | $33.6M | $33.2M | $32.6M | $28.7M | $12.3M |
| Stock-Based Compensation | — | — | — | — | — | $8.4M | $12.3M | $12.5M |
| Net Cash from Operating Activities | $331.2M | $128.6M | $205.1M | $313.4M | $293.3M | $352.4M | $275.7M | $252.0M |
| Investing Activities | ||||||||
| Capital Expenditures | $57.7M | $77.6M | $109.8M | $142.5M | $103.8M | $82.1M | $114.8M | $93.9M |
| Business Acquisitions | — | $0 | $0 | $344.5M | $0 | $0 | $537.9M | $315.5M |
| Net Cash from Investing Activities | $-57.5M | $-79.5M | $-77.3M | $-551.9M | $-138.6M | $-110.6M | $-658.3M | $-414.4M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $56.3M | $0 | $92.1M | $145.2M | $109.4M | $88.0M | $6.4M | $47.4M |
| Net Cash from Financing Activities | $-252.2M | $-70.2M | $-99.9M | $48.1M | $-133.1M | $-50.2M | $369.2M | $153.7M |
| Net Change in Cash | $26.0M | $-25.3M | $27.6M | $-196.4M | $19.9M | $193.8M | $-13.2M | $-10.1M |
| Free Cash Flow | $273.5M | $51.0M | $95.3M | $170.9M | $189.5M | $270.3M | $160.9M | $158.1M |