WORLD KINECT CORPORATION
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-614.4M | $67.4M | $52.9M | $114.1M | $73.7M | $109.6M | $178.9M | $127.7M |
| Depreciation & Amortization | $98.2M | $106.4M | $104.5M | $107.8M | $81.0M | $85.8M | $87.4M | $81.5M |
| Depreciation | $63.6M | $72.3M | $68.3M | $64.4M | $50.8M | $52.7M | $54.5M | $45.6M |
| Amortization | $34.6M | $34.1M | $36.2M | $43.4M | $30.1M | $33.1M | $32.9M | $35.9M |
| Stock-Based Compensation | $25.5M | $28.1M | $24.2M | $17.6M | $19.6M | $-900.0K | $23.6M | $8.3M |
| Net Cash from Operating Activities | $292.9M | $259.9M | $271.3M | $138.5M | $173.2M | $604.1M | $228.8M | $-182.5M |
| Investing Activities | ||||||||
| Capital Expenditures | $65.6M | $68.2M | $87.6M | $78.6M | $39.2M | $51.3M | $80.9M | $72.3M |
| Business Acquisitions | $153.6M | $40.0M | $13.7M | $643.9M | $37.1M | $128.6M | $0 | $21.3M |
| Net Cash from Investing Activities | $-170.0M | $64.5M | $-101.1M | $-724.9M | $-58.3M | $72.8M | $-50.5M | $286.0M |
| Financing Activities | ||||||||
| Dividends Paid | $41.3M | $38.5M | $34.0M | $31.0M | $28.7M | $25.6M | $21.1M | $16.2M |
| Stock Repurchases | $85.0M | $100.0M | $60.1M | $48.7M | $50.5M | $68.3M | $65.4M | $20.0M |
| Net Cash from Financing Activities | $-315.1M | $-230.6M | $-152.4M | $237.3M | $-113.6M | $-213.0M | $-204.9M | $-257.1M |
| Net Change in Cash | $-189.4M | $78.7M | $5.9M | $-353.8M | $-6.6M | $472.7M | $-25.6M | $-160.6M |
| Free Cash Flow | $227.3M | $191.7M | $183.7M | $59.9M | $134.0M | $552.8M | $147.9M | $-254.8M |