XEROX HOLDINGS CORPORATION
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-1.03B | $-1.32B | $1.0M | $-322.0M | $-455.0M | $192.0M | $1.35B | $361.0M |
| Depreciation & Amortization | $331.0M | $274.0M | $251.0M | $270.0M | $327.0M | $368.0M | $430.0M | $526.0M |
| Depreciation | $75.0M | $57.0M | $60.0M | $68.0M | $76.0M | $87.0M | $101.0M | $148.0M |
| Amortization | $83.0M | $73.0M | $43.0M | $42.0M | $55.0M | $56.0M | $45.0M | $48.0M |
| Stock-Based Compensation | $45.0M | $52.0M | $54.0M | $75.0M | $54.0M | $42.0M | $50.0M | $57.0M |
| Net Cash from Operating Activities | $224.0M | $511.0M | $686.0M | $159.0M | $629.0M | $548.0M | $1.33B | $1.14B |
| Investing Activities | ||||||||
| Capital Expenditures | $37.0M | $27.0M | $29.0M | $36.0M | $29.0M | $44.0M | $41.0M | $55.0M |
| Business Acquisitions | $674.0M | $161.0M | $7.0M | $93.0M | $53.0M | $203.0M | $42.0M | $0 |
| Net Cash from Investing Activities | $-698.0M | $-198.0M | $-5.0M | $-78.0M | $-85.0M | $-246.0M | $2.15B | $-29.0M |
| Financing Activities | ||||||||
| Dividends Paid | $71.0M | $141.0M | $165.0M | $174.0M | $206.0M | $230.0M | $243.0M | $269.0M |
| Stock Repurchases | $0 | $8.0M | $544.0M | $113.0M | $888.0M | $300.0M | $600.0M | $700.0M |
| Net Cash from Financing Activities | $404.0M | $-271.0M | $-1.20B | $-822.0M | $-1.31B | $-416.0M | $-1.83B | $-1.30B |
| Net Change in Cash | $-66.0M | $14.0M | $-522.0M | $-770.0M | $-782.0M | $-104.0M | $1.65B | $-220.0M |
| Free Cash Flow | $187.0M | $484.0M | $657.0M | $123.0M | $600.0M | $504.0M | $1.29B | $1.09B |