Select Water Solutions, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $21.2M | $30.6M | $74.4M | $48.3M | $-42.2M | $-338.7M | $2.8M | $36.5M |
| Depreciation & Amortization | $5.3M | $3.4M | $2.3M | $115.7M | $92.5M | $101.7M | $120.7M | $133.7M |
| Depreciation | $151.5M | $137.4M | $122.1M | $103.1M | $81.4M | $89.8M | $107.7M | $119.1M |
| Amortization | $17.5M | $17.1M | $17.9M | $11.4M | $10.6M | $11.7M | $11.9M | $13.1M |
| Stock-Based Compensation | $19.9M | $26.4M | $17.4M | $15.6M | $9.5M | $5.8M | $15.5M | $10.4M |
| Net Cash from Operating Activities | $214.7M | $234.9M | $285.4M | $33.2M | $-16.2M | $105.8M | $203.9M | $232.4M |
| Investing Activities | ||||||||
| Capital Expenditures | $294.6M | $173.2M | $135.9M | $71.9M | $40.0M | $21.2M | $110.1M | $165.4M |
| Business Acquisitions | $53.6M | $161.3M | $17.7M | $7.0M | $34.7M | — | $10.0M | $17.0M |
| Net Cash from Investing Activities | $-405.0M | $-318.6M | $-137.2M | $-53.2M | $-64.5M | $-5.4M | $-77.4M | $-168.4M |
| Financing Activities | ||||||||
| Dividends Paid | $33.7M | $29.7M | $24.9M | $6.0M | — | — | — | — |
| Stock Repurchases | $7.3M | $7.9M | $61.8M | $20.2M | $1.2M | $10.9M | $18.6M | $16.6M |
| Net Cash from Financing Activities | $188.4M | $46.6M | $-98.4M | $-58.5M | $-2.5M | $-10.7M | $-64.7M | $-49.3M |
| Net Change in Cash | $-1.9M | $-37.1M | $49.8M | $-78.5M | $-83.2M | $89.8M | $62.0M | $14.5M |
| Free Cash Flow | $-79.9M | $61.7M | $149.5M | $-38.7M | $-56.2M | $84.6M | $93.8M | $67.0M |