Terreno Realty Corporation
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $403.0M | $184.5M | $151.5M | $198.0M | $87.3M | $79.8M | $55.5M | $63.3M |
| Depreciation & Amortization | $121.6M | $93.9M | $73.2M | $65.8M | $50.7M | $45.9M | $44.0M | $40.8M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $17.7M | $14.9M | $13.5M | $10.2M | $9.6M | $9.8M | $10.6M | $9.3M |
| Net Cash from Operating Activities | $271.9M | $232.7M | $179.7M | $143.2M | $132.2M | $101.1M | $94.7M | $77.6M |
| Investing Activities | ||||||||
| Capital Expenditures | $63.4M | $46.4M | $53.1M | $66.6M | $51.3M | $31.6M | $32.1M | $29.0M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-452.4M | $-915.5M | $-570.4M | $-337.7M | $-666.4M | $-52.1M | $-251.5M | $-235.0M |
| Financing Activities | ||||||||
| Dividends Paid | $203.9M | $175.0M | $135.9M | $107.4M | $84.6M | $74.8M | $63.6M | $51.4M |
| Stock Repurchases | $3.3M | $3.3M | $1.5M | $1.0M | $582.0K | $9.8M | $4.0M | $3.9M |
| Net Cash from Financing Activities | $187.8M | $534.9M | $528.9M | $17.7M | $631.2M | $-53.9M | $235.1M | $149.0M |
| Net Change in Cash | $7.2M | $-147.9M | $138.2M | $-176.7M | $97.0M | $-4.9M | $78.3M | $-8.3M |
| Free Cash Flow | $208.5M | $186.3M | $126.6M | $76.6M | $80.9M | $69.4M | $62.6M | $48.6M |