TFS FINANCIAL CORPORATION
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $91.0M | $79.6M | $75.3M | $74.6M | $81.0M | $83.3M | $80.2M | $85.4M |
| Depreciation & Amortization | $4.6M | $4.6M | $4.9M | $5.4M | $5.4M | $5.4M | $5.9M | $5.7M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $9.6M | $9.5M | $10.0M | $11.0M | $13.7M | $12.1M | $11.8M | $11.4M |
| Net Cash from Operating Activities | $82.4M | $88.6M | $90.7M | $38.9M | $83.2M | $121.8M | $103.0M | $92.1M |
| Investing Activities | ||||||||
| Capital Expenditures | $11.5M | $3.1M | $5.1M | $2.7M | $1.3M | $3.2M | $3.8M | $8.4M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-384.0M | $-124.7M | $-1.01B | $-1.88B | $547.4M | $147.6M | $-342.0M | $-474.9M |
| Financing Activities | ||||||||
| Dividends Paid | $59.5M | $59.0M | $58.3M | $58.3M | $56.6M | $55.5M | $50.5M | $37.6M |
| Stock Repurchases | $4.0M | $1.9M | $6.0M | $6.3M | $5.6M | $2.3M | $9.1M | $19.7M |
| Net Cash from Financing Activities | $267.3M | $33.1M | $1.02B | $1.72B | $-640.2M | $-46.5M | $244.3M | $384.3M |
| Net Change in Cash | — | — | — | — | — | — | $5.4M | $1.6M |
| Free Cash Flow | $71.0M | $85.5M | $85.6M | $36.2M | $81.8M | $118.6M | $99.2M | $83.7M |