Par Pacific Holdings, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $369.4M | $-33.3M | $728.6M | $364.2M | $-81.3M | $-409.1M | $40.8M | $39.4M |
| Depreciation & Amortization | $144.3M | $131.6M | $119.8M | $99.8M | $94.2M | $90.0M | $86.1M | $52.6M |
| Depreciation | $104.3M | $106.5M | $94.0M | $75.0M | $77.2M | $81.8M | $75.2M | $39.0M |
| Amortization | $1.0M | $1.4M | $2.7M | $2.7M | $2.7M | $2.7M | $2.7M | $2.7M |
| Stock-Based Compensation | $16.6M | $25.7M | $11.6M | $9.4M | $8.2M | $7.3M | $6.4M | $6.2M |
| Net Cash from Operating Activities | $445.3M | $83.8M | $579.2M | $452.6M | $-27.6M | $-37.2M | $105.6M | $90.6M |
| Investing Activities | ||||||||
| Capital Expenditures | $148.9M | $135.5M | $82.3M | $53.0M | $29.5M | $63.5M | $83.9M | $48.4M |
| Business Acquisitions | $0 | $0 | $595.4M | $35.5M | $0 | $0 | $273.4M | $74.3M |
| Net Cash from Investing Activities | $-142.8M | $-134.0M | $-659.0M | $-87.3M | $74.6M | $-63.5M | $-353.2M | $-175.8M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $124.8M | $142.0M | $67.8M | $7.8M | $2.1M | $1.2M | — | — |
| Net Cash from Financing Activities | $-330.4M | $-37.0M | $-135.6M | $13.4M | $-1.1M | $42.6M | $300.2M | $41.9M |
| Net Change in Cash | $-27.8M | $-87.2M | $-215.5M | $378.7M | $45.9M | $-58.1M | $52.6M | $-43.3M |
| Free Cash Flow | $296.5M | $-51.8M | $496.9M | $399.6M | $-57.2M | $-100.7M | $21.7M | $42.2M |