Newmark Group, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $126.2M | $85.5M | $62.4M | $112.5M | $978.1M | $109.3M | $117.3M | $106.7M |
| Depreciation & Amortization | $181.3M | $174.3M | $166.2M | $165.8M | $121.7M | $141.2M | $131.1M | $97.7M |
| Depreciation | $46.4M | $39.8M | $39.2M | $42.4M | $22.0M | $22.9M | $22.7M | $13.7M |
| Amortization | $16.1M | $19.8M | $17.1M | $14.3M | $8.9M | $6.7M | $6.9M | $5.6M |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $172.0M | $-9.9M | $-266.0M | $1.20B | $-48.7M | $-777.7M | $986.8M | $-332.4M |
| Investing Activities | ||||||||
| Capital Expenditures | $29.4M | $31.5M | $55.4M | $62.2M | $19.7M | $19.6M | $34.5M | $21.0M |
| Business Acquisitions | — | — | — | $64.2M | $69.8M | $5.9M | $33.9M | $34.5M |
| Net Cash from Investing Activities | $-198.1M | $-33.4M | $-49.7M | $308.6M | $453.1M | $-3.6M | $-56.8M | $7.7M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | $0 | $0 |
| Stock Repurchases | $127.1M | $212.6M | $37.4M | $294.8M | $290.5M | $6.4M | $37.4M | $486.0K |
| Net Cash from Financing Activities | $-44.8M | $89.5M | $261.5M | $-1.46B | $-396.3M | $817.8M | $-895.5M | $338.7M |
| Net Change in Cash | $-71.0M | $46.2M | $-54.2M | $46.5M | $8.1M | $36.5M | $34.5M | $14.0M |
| Free Cash Flow | $142.6M | $-41.4M | $-321.3M | $1.13B | $-68.4M | $-797.3M | $952.2M | $-353.4M |