Pirelli & C. S.p.A. (BIT:PIRC)
Italy · Delayed Price · Currency is EUR 6.70
-0.11 (-1.54%)
Nov 10, 2026, 5:36 PM CET
Pirelli & C. 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 | Sep '26 Sep 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 | 511.97 | 497.53 | 467.98 | 479.08 | 417.76 | 302.8 |
Depreciation & Amortization | 571.99 | 552.01 | 552.47 | 535.8 | 527.32 | 496.01 |
Other Amortization | 21.6 | 21.6 | 20.25 | 22.18 | 16.95 | 12.67 |
Asset Writedown & Restructuring Costs | 16.19 | 16.19 | 2.23 | 30.49 | 22.42 | 8.51 |
Loss (Gain) From Sale of Investments | -26.18 | -2.27 | - | 0.04 | 0.12 | -0.01 |
Loss (Gain) on Equity Investments | -31.54 | -50.43 | -31.39 | -15.92 | -5.97 | -3.97 |
Other Operating Activities | 266.24 | 324.23 | 334.6 | 234.15 | 207.75 | 197.75 |
Change in Accounts Receivable | 32.9 | -36.54 | 2.52 | -51.47 | 37.38 | -51.35 |
Change in Inventory | -62.19 | -86.52 | -132.48 | 29.28 | -342.32 | -222.5 |
Change in Accounts Payable | -57.64 | 69.95 | 119.26 | 132.73 | 272.84 | 214.51 |
Change in Other Net Operating Assets | -38.82 | 0.06 | -42.87 | -36.49 | -22.6 | -35.35 |
Operating Cash Flow | 1,205 | 1,306 | 1,293 | 1,360 | 1,132 | 919.07 |
Operating Cash Flow Growth | -8.00% | 1.02% | -4.95% | 20.17% | 23.13% | 48.63% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | -495.87 | -352.29 | -376.08 | -377.41 | -303.49 | -256.09 |
Sale of Property, Plant & Equipment | 3.11 | 3.26 | 2.23 | 2.21 | 4.1 | 8.53 |
Cash Acquisitions | -47.42 | -3.82 | -20.27 | - | - | - |
Divestitures | -0.8 | 19.23 | - | - | - | 4.41 |
Sale (Purchase) of Intangibles | -25.4 | -25.58 | -27.59 | -21.62 | -31.64 | -30.34 |
Investment in Securities | -17.98 | -8.86 | -12.63 | - | 1.18 | 14.82 |
Other Investing Activities | -5.44 | 7.77 | 13.07 | 3.97 | 3.23 | 2.27 |
Investing Cash Flow | -529.37 | -360.29 | -421.26 | -392.86 | -326.62 | -256.39 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | - | 138.08 | 1,366 | 1,128 | 1,324 | 886.24 |
Long-Term Debt Repaid | - | -658.22 | -1,627 | -1,755 | -2,228 | -1,755 |
Lease Payments | -136.06 | -129.45 | -128.93 | -120.46 | -114.51 | -105.36 |
Net Debt Issued (Repaid) | -516.95 | -520.14 | -260.26 | -626.9 | -904.28 | -868.56 |
Common Dividends Paid | -416.93 | -259.1 | -204.4 | -222.87 | -185.4 | -79.94 |
Other Financing Activities | -100.52 | -108.87 | -146.05 | -129.81 | -315.02 | -136.15 |
Financing Cash Flow | -1,034 | -888.1 | -610.7 | -979.58 | -1,405 | -1,085 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 |
Foreign Exchange Rate Adjustments | 44.87 | -34.62 | -8.18 | -21.96 | -0.49 | 35.82 |
Net Cash Flow | -314.35 | 22.8 | 252.42 | -34.54 | -600.16 | -386.14 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | 708.67 | 953.52 | 916.49 | 982.45 | 828.16 | 662.98 |
Free Cash Flow Growth | -24.52% | 4.04% | -6.71% | 18.63% | 24.91% | 50.52% |
Free Cash Flow Margin | 9.99% | 13.50% | 13.00% | 14.21% | 12.00% | 11.85% |
Free Cash Flow Per Share | 0.66 | 0.95 | 0.92 | 0.98 | 0.83 | 0.66 |
Levered Free Cash Flow | 604.54 | 792.99 | 526 | 980.85 | 444.54 | 499.59 |
Unlevered Free Cash Flow | 665.72 | 891.23 | 645.97 | 1,109 | 522.74 | 576.03 |
Free Cash Flow After Leases | 572.61 | 824.07 | 787.56 | 861.99 | 713.64 | 557.63 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 |
Cash Income Tax Paid | 239.95 | 154.24 | 158.49 | 138.99 | 205.46 | 125.63 |
Change in Working Capital | -125.74 | -53.05 | -53.58 | 74.05 | -54.71 | -94.69 |