SYLVAMO CORPORATION
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | $132.0M | $302.0M | $253.0M | $118.0M | $331.0M | $170.0M | $377.0M |
| Depreciation & Amortization | $179.0M | $159.0M | $143.0M | $125.0M | $126.0M | $135.0M | $192.0M |
| Depreciation | $140.0M | $128.0M | $118.0M | $104.0M | $107.0M | $121.0M | $190.0M |
| Amortization | — | — | $2.0M | $2.0M | $2.0M | $2.0M | $3.0M |
| Stock-Based Compensation | $18.0M | $23.0M | $23.0M | $20.0M | $14.0M | $15.0M | $19.0M |
| Net Cash from Operating Activities | $268.0M | $469.0M | $504.0M | $438.0M | $549.0M | $359.0M | $524.0M |
| Investing Activities | |||||||
| Capital Expenditures | $224.0M | $221.0M | $210.0M | $149.0M | $69.0M | $66.0M | $118.0M |
| Business Acquisitions | $0 | $0 | $167.0M | $0 | $0 | — | — |
| Net Cash from Investing Activities | $-224.0M | $-221.0M | $-377.0M | $180.0M | $127.0M | $-79.0M | $-160.0M |
| Financing Activities | |||||||
| Dividends Paid | $73.0M | $62.0M | $57.0M | $10.0M | $0 | $0 | — |
| Stock Repurchases | $82.0M | $69.0M | $70.0M | $80.0M | $0 | $0 | — |
| Net Cash from Financing Activities | $-125.0M | $-310.0M | $-219.0M | $-470.0M | $-589.0M | $-350.0M | $-387.0M |
| Net Change in Cash | $-70.0M | $-75.0M | $-80.0M | $201.0M | $89.0M | $-19.0M | $-40.0M |
| Free Cash Flow | $44.0M | $248.0M | $294.0M | $289.0M | $480.0M | $293.0M | $406.0M |