The Charles Schwab Corporation
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $8.85B | $5.94B | $5.07B | $7.18B | $5.86B | $3.30B | $3.70B | $3.51B |
| Depreciation & Amortization | — | — | $804.0M | $652.0M | $549.0M | $414.0M | $322.0M | $277.0M |
| Depreciation | — | — | — | — | — | — | $322.0M | $277.0M |
| Amortization | $512.0M | $519.0M | $534.0M | $596.0M | $615.0M | $190.0M | $27.0M | $29.0M |
| Stock-Based Compensation | $317.0M | $337.0M | $320.0M | $366.0M | $254.0M | $204.0M | $183.0M | $197.0M |
| Net Cash from Operating Activities | $9.31B | $2.67B | $19.59B | $2.06B | $2.12B | $6.85B | $9.33B | $12.46B |
| Investing Activities | ||||||||
| Capital Expenditures | $548.0M | $620.0M | $700.0M | $971.0M | $916.0M | $631.0M | $708.0M | $570.0M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $24.54B | $35.43B | $57.41B | $32.05B | $-75.66B | $-125.85B | $11.96B | $-40.56B |
| Financing Activities | ||||||||
| Dividends Paid | $2.33B | $2.28B | $2.28B | $2.11B | $1.82B | $1.28B | $1.06B | $787.0M |
| Stock Repurchases | $7.35B | $0 | $2.84B | $3.40B | $0 | $0 | $2.22B | $1.00B |
| Net Cash from Financing Activities | $-29.70B | $-47.06B | $-61.25B | $-68.72B | $96.32B | $143.98B | $-13.94B | $47.17B |
| Net Change in Cash | $4.15B | $-8.96B | $15.75B | $-34.62B | $22.78B | $24.98B | $7.35B | $19.07B |
| Free Cash Flow | $8.76B | $2.05B | $18.89B | $1.09B | $1.20B | $6.22B | $8.62B | $11.89B |