RAYONIER ADVANCED MATERIALS INC.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-420.7M | $-38.7M | $-101.8M | $-14.9M | $66.4M | $555.0K | $-22.5M | $128.4M |
| Depreciation & Amortization | $134.0M | $137.2M | $140.0M | $134.6M | $138.3M | $138.4M | $142.2M | $146.0M |
| Depreciation | $122.0M | $125.0M | $129.0M | $124.0M | $125.0M | $124.0M | — | — |
| Amortization | $6.0M | $7.0M | $7.0M | $7.0M | $7.0M | $7.0M | $7.0M | $7.0M |
| Stock-Based Compensation | $5.5M | $7.1M | $6.5M | $9.7M | $5.1M | $6.4M | $6.5M | $13.0M |
| Net Cash from Operating Activities | $23.9M | $203.6M | $136.3M | $68.8M | $233.2M | $124.5M | $41.9M | $246.9M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | $95.2M | $63.3M | $90.5M | $128.8M |
| Business Acquisitions | — | — | — | — | — | — | $0 | $0 |
| Net Cash from Investing Activities | $-114.1M | $-107.9M | $-127.3M | $-94.2M | $85.4M | $-77.8M | $52.5M | $-116.0M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | $0 | $0 | $8.6M | $15.1M |
| Stock Repurchases | — | — | — | — | $1.4M | $457.0K | $6.9M | $42.8M |
| Net Cash from Financing Activities | $30.1M | $-42.5M | $-86.9M | $-73.1M | $-156.7M | $-19.4M | $-138.5M | $-116.5M |
| Net Change in Cash | — | — | — | — | — | — | — | — |
| Free Cash Flow | — | — | — | — | $138.0M | $61.2M | $-48.6M | $118.1M |