Cactus, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $166.0M | $185.4M | $169.2M | $110.2M | $49.6M | $34.4M | $85.6M | $51.7M |
| Depreciation & Amortization | $63.9M | $60.4M | $65.0M | $34.1M | $36.3M | $40.5M | $38.9M | $30.2M |
| Depreciation | $17.7M | $16.9M | $21.3M | $453.0K | $457.0K | $876.0K | $683.0K | $438.0K |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $24.5M | $22.9M | $18.1M | $10.6M | $8.6M | $8.6M | $7.0M | $4.7M |
| Net Cash from Operating Activities | $258.4M | $316.1M | $340.3M | $117.9M | $63.8M | $143.4M | $209.6M | $167.2M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | $0 | $0 | $616.2M | $0 | $0 | — | — | — |
| Net Cash from Investing Activities | $-39.1M | $-35.4M | $-654.8M | $-25.5M | $-11.6M | $-18.1M | $-55.9M | $-68.2M |
| Financing Activities | ||||||||
| Dividends Paid | $37.4M | $33.7M | $30.1M | $26.7M | $21.2M | $17.1M | $4.2M | $0 |
| Stock Repurchases | $5.9M | $9.3M | $5.2M | $4.6M | $3.3M | $1.4M | $1.5M | $0 |
| Net Cash from Financing Activities | $-69.1M | $-70.1M | $103.3M | $-47.4M | $-39.4M | $-40.2M | $-21.7M | $-35.0M |
| Net Change in Cash | $151.7M | $209.1M | $-210.7M | $42.9M | $13.0M | $86.1M | $131.8M | $63.3M |
| Free Cash Flow | — | — | — | — | — | — | — | — |