Hera S.p.A. (BIT:HER)
Italy · Delayed Price · Currency is EUR 3.846
-0.010 (-0.26%)
Aug 11, 2026, 5:35 PM CET
Hera S.p.A. Cash Flow Statement
Financials in millions EUR. Fiscal year is January - December.
Millions EUR. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 719.5 | 710.8 | 736.2 | 656.4 | 408.8 | 406.9 |
Depreciation & Amortization | 601.6 | 591.7 | 563.4 | 526.2 | 478.6 | 469.9 |
Other Adjustments | 43.3 | 45.4 | 106.1 | 242.4 | 228.4 | 265.1 |
Change in Receivables | -380.8 | 403.2 | -800.9 | -81.9 | -1,281 | -893.8 |
Changes in Inventories | 11 | -26 | 39.5 | 378.9 | -627.4 | -196.7 |
Changes in Accounts Payable | 47.2 | -886.8 | -49 | -507.7 | 727.8 | 858.5 |
Changes in Income Taxes Payable | -162 | -165 | -193.3 | -96.6 | -165.9 | -156.3 |
Changes in Other Operating Activities | 376.8 | 537.1 | 438.2 | 439.9 | 252.7 | 279.8 |
Operating Cash Flow | 1,271 | 1,225 | 853 | 1,573 | 35.7 | 1,045 |
Operating Cash Flow Growth | 0.91% | 43.59% | -45.76% | 4305.32% | -96.58% | 17.28% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -392.5 | -340.8 | -282.1 | -242.7 | -225.6 | -171.9 |
Sale of Property, Plant & Equipment | 5.6 | 5.6 | 8 | 2.6 | 3.3 | 2.5 |
Purchases of Intangible Assets | -731.9 | -687.1 | -578.2 | -573.1 | -483.9 | -416.8 |
Purchases of Investments | -0.8 | - | -0.4 | - | -3.2 | -11 |
Proceeds from Sale of Investments | 0.1 | 0.3 | - | - | - | 0.2 |
Cash Acquisitions | -132.2 | -25.1 | -33.1 | -76.2 | -50.1 | -64.1 |
Other Investing Activities | 39.1 | -22.9 | 94 | 45.2 | 14.5 | 10.5 |
Investing Cash Flow | -1,227 | -1,084 | -804.6 | -859.3 | -758.4 | -662.6 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | 845.8 | 702.9 | 471.1 | 614.9 | 2,127 | 525.1 |
Long-Term Debt Repaid | -602.4 | -909.9 | -260.8 | -1,659 | -47.3 | -772.7 |
Net Long-Term Debt Issued (Repaid) | 243.4 | -207 | 210.3 | -1,044 | 2,080 | -247.6 |
Repurchase of Common Stock | 30.2 | 148.1 | -6.5 | -19.7 | -26.7 | -0.2 |
Net Common Stock Issued (Repurchased) | 30.2 | 148.1 | -6.5 | -19.7 | -26.7 | -0.2 |
Common Dividends Paid | -267.9 | -274.3 | -248.8 | -239.1 | -219.5 | -193 |
Other Financing Activities | -46.2 | -277.5 | -20.6 | -20.6 | -54 | -43.5 |
Financing Cash Flow | -39.5 | -610.7 | -65.6 | -1,323 | 1,780 | -484.3 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Cash Flow | 4.5 | -470.3 | -17.2 | -609.6 | 1,057 | -101.5 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 878.6 | 884 | 570.9 | 1,330 | -189.9 | 873.5 |
Free Cash Flow Growth | -8.38% | 54.84% | -57.07% | - | - | 16.34% |
FCF Margin | 6.92% | 6.82% | 4.38% | 8.54% | -0.92% | 7.97% |
Free Cash Flow Per Share | 0.60 | 0.60 | 0.40 | 0.92 | -0.13 | 0.60 |
Levered Free Cash Flow | 1,196 | -32.5 | 1,222 | -104.2 | 2,775 | 1,169 |
Unlevered Free Cash Flow | 1,064 | 284.36 | 1,121 | 1,112 | 838.85 | 1,644 |