Construction Partners, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $101.8M | $68.9M | $49.0M | $21.4M | $20.2M | $40.3M | $43.1M | $50.8M |
| Depreciation & Amortization | $144.0M | $80.0M | $68.9M | $65.7M | $49.8M | $39.3M | $31.2M | $25.3M |
| Depreciation | — | $92.6M | $80.0M | $68.9M | $49.5M | $39.1M | $30.1M | $24.8M |
| Amortization | $5.0M | $2.2M | $2.4M | $800.0K | $300.0K | $200.0K | $1.1M | $500.0K |
| Stock-Based Compensation | $37.0M | $14.4M | $10.8M | $8.0M | $3.5M | $1.6M | $957.0K | $975.0K |
| Net Cash from Operating Activities | $291.3M | $209.1M | $157.2M | $16.5M | $48.5M | $105.2M | $55.3M | $66.1M |
| Investing Activities | ||||||||
| Capital Expenditures | $137.9M | $87.9M | $97.8M | $68.9M | $56.3M | $52.6M | $42.5M | $42.8M |
| Business Acquisitions | $1.16B | $231.8M | $91.8M | $128.6M | $210.7M | $30.2M | $13.9M | $51.3M |
| Net Cash from Investing Activities | $-1.28B | $-307.6M | $-143.4M | $-197.3M | $-263.4M | $-79.4M | $-60.2M | $-89.6M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | $0 |
| Stock Repurchases | $23.5M | $11.3M | $139.0K | $39.0K | $0 | $0 | — | — |
| Net Cash from Financing Activities | $1.07B | $126.1M | $-264.0K | $159.1M | $123.8M | $41.9M | $-13.6M | $95.1M |
| Net Change in Cash | $82.3M | $27.6M | $13.5M | $-21.7M | $-91.1M | $67.7M | $-18.5M | $71.6M |
| Free Cash Flow | $153.4M | $121.1M | $59.3M | $-52.4M | $-7.8M | $52.6M | $12.8M | $23.3M |