Saipem SpA (BIT:SPM)
Italy · Delayed Price · Currency is EUR 4.463
-0.014 (-0.31%)
Aug 28, 2026, 5:35 PM CET
Saipem SpA 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 | 267 | 311 | 306 | 179 | -209 | -2,467 |
Depreciation & Amortization | 1,116 | 988 | 675 | 460 | 441 | 400 |
Loss (Gain) From Sale of Assets | -5 | -17 | -18 | 34 | -121 | - |
Asset Writedown & Restructuring Costs | 23 | 49 | 48 | 29 | 1 | 95 |
Loss (Gain) From Sale of Investments | 1 | 38 | 95 | -51 | 72 | 5 |
Loss (Gain) on Equity Investments | -33 | -50 | -52 | -56 | -7 | -14 |
Other Operating Activities | 88 | 55 | 63 | 125 | -198 | -70 |
Change in Accounts Receivable | -479 | -35 | -640 | 202 | -444 | 838 |
Change in Inventory | -30 | -11 | -50 | -45 | -13 | 30 |
Change in Accounts Payable | 383 | 322 | 636 | 20 | 567 | 117 |
Change in Other Net Operating Assets | 171 | -147 | -2 | -311 | -734 | 1,069 |
Operating Cash Flow | 1,503 | 1,504 | 1,061 | 586 | -477 | 90 |
Operating Cash Flow Growth | 3.80% | 41.75% | 81.06% | - | - | -26.83% |
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 | -290 | -345 | -326 | -472 | -513 | -231 |
Sale of Property, Plant & Equipment | -9 | 20 | 26 | 58 | 6 | 13 |
Divestitures | - | - | 13 | 63 | 497 | - |
Sale (Purchase) of Intangibles | -20 | -19 | -11 | -10 | -10 | -15 |
Investment in Securities | -142 | -296 | -244 | 186 | 52 | -206 |
Other Investing Activities | - | - | - | - | -27 | -52 |
Investing Cash Flow | -461 | -640 | -542 | -175 | 5 | -490 |
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 |
Short-Term Debt Issued | - | - | - | - | - | 147 |
Long-Term Debt Issued | - | 19 | 581 | 1,939 | 1,330 | 606 |
Total Debt Issued | 40 | 19 | 581 | 1,939 | 1,330 | 753 |
Short-Term Debt Repaid | - | -18 | -39 | -60 | -263 | - |
Long-Term Debt Repaid | - | -860 | -1,019 | -2,161 | -2,114 | -381 |
Total Debt Repaid | -600 | -878 | -1,058 | -2,221 | -2,377 | -381 |
Net Debt Issued (Repaid) | -560 | -859 | -477 | -282 | -1,047 | 372 |
Repurchase of Common Stock | -40 | -40 | -65 | - | - | -15 |
Common Dividends Paid | -332 | -333 | - | - | - | -26 |
Other Financing Activities | - | - | -2 | - | 1,918 | - |
Financing Cash Flow | -932 | -1,232 | -544 | -282 | 871 | 331 |
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 |
Foreign Exchange Rate Adjustments | 40 | -83 | 47 | -45 | 21 | 14 |
Net Cash Flow | 150 | -451 | 22 | 84 | 420 | -55 |
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 | 1,213 | 1,159 | 735 | 114 | -990 | -141 |
Free Cash Flow Growth | 7.25% | 57.69% | 544.74% | - | - | - |
Free Cash Flow Margin | 7.75% | 7.48% | 5.05% | 0.96% | -9.91% | -2.16% |
Free Cash Flow Per Share | 0.58 | 0.52 | 0.33 | 0.06 | -1.05 | -7.14 |
Levered Free Cash Flow | 1,125 | 1,037 | 728.63 | 230.88 | -198.63 | -429 |
Unlevered Free Cash Flow | 1,226 | 1,138 | 841.75 | 331.5 | -109.88 | -355.25 |
Additional Metrics
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 |
Cash Interest Paid | 103 | 120 | 180 | 150 | 116 | 108 |
Cash Income Tax Paid | 270 | 253 | 196 | 134 | 165 | 107 |
Change in Working Capital | 45 | 129 | -56 | -134 | -624 | 2,054 |