A.P. Møller - Mærsk A/S (CPH:MAERSK.B)
Denmark · Delayed Price · Currency is DKK 19,175
-690 (-3.47%)
Nov 10, 2026, 2:06 PM CET
A.P. Møller - Mærsk Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. 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 | 4,232 | 2,725 | 6,109 | 3,822 | 29,198 | 17,942 |
Depreciation & Amortization | 6,560 | 6,711 | 6,178 | 6,238 | 5,960 | 4,592 |
Loss (Gain) From Sale of Assets | -138 | -138 | -222 | -523 | -101 | -96 |
Asset Writedown & Restructuring Costs | -40 | -40 | 42 | 377 | 226 | 352 |
Loss (Gain) on Equity Investments | -503 | -503 | -369 | -435 | -132 | -486 |
Other Operating Activities | 922 | 339 | -16 | -403 | 971 | 1,213 |
Change in Accounts Receivable | 505 | 505 | -754 | 1,392 | -1,018 | -1,909 |
Change in Other Net Operating Assets | -1,363 | 162 | 440 | -825 | -628 | 414 |
Operating Cash Flow | 10,175 | 9,761 | 11,408 | 9,643 | 34,476 | 22,022 |
Operating Cash Flow Growth | -12.72% | -14.44% | 18.30% | -72.03% | 56.55% | 181.32% |
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 | -4,019 | -4,799 | -4,201 | -3,646 | -4,163 | -2,976 |
Sale of Property, Plant & Equipment | 632 | 358 | 466 | 601 | 303 | 205 |
Cash Acquisitions | -12 | -674 | -8 | -140 | -4,774 | -815 |
Divestitures | 2 | 7 | 28 | 953 | 2 | 3 |
Investment in Securities | 317 | 5,185 | -4,581 | 6,004 | -13,314 | -5,041 |
Other Investing Activities | 196 | 418 | 371 | 305 | 327 | 282 |
Investing Cash Flow | -2,884 | 495 | -7,925 | 4,077 | -21,619 | -8,342 |
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 | - | 1,230 | 2,167 | 845 | 83 | 563 |
Long-Term Debt Repaid | - | -4,428 | -3,756 | -3,886 | -3,880 | -4,776 |
Lease Payments | -3,749 | -3,502 | -3,051 | -3,226 | -3,080 | -2,279 |
Net Debt Issued (Repaid) | -4,285 | -3,198 | -1,589 | -3,041 | -3,797 | -4,213 |
Issuance of Common Stock | 37 | 37 | 9 | 24 | 31 | 22 |
Repurchase of Common Stock | -1,460 | -2,040 | -556 | -3,120 | -2,738 | -1,956 |
Common Dividends Paid | -1,076 | -2,547 | -1,333 | -10,876 | -6,847 | -1,017 |
Other Financing Activities | -230 | -124 | -31 | 208 | -784 | -736 |
Financing Cash Flow | -7,014 | -7,872 | -3,500 | -16,805 | -14,135 | -7,900 |
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 | -7 | 81 | -170 | -223 | -249 | -79 |
Net Cash Flow | 270 | 2,465 | -187 | -3,308 | -1,527 | 5,701 |
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 | 6,156 | 4,962 | 7,207 | 5,997 | 30,313 | 19,046 |
Free Cash Flow Growth | 0.46% | -31.15% | 20.18% | -80.22% | 59.16% | 192.75% |
Free Cash Flow Margin | 10.23% | 9.19% | 12.99% | 11.74% | 37.18% | 30.83% |
Free Cash Flow Per Share | 420.81 | 324.88 | 456.22 | 355.40 | 1655.75 | 995.59 |
Levered Free Cash Flow | 3,652 | 3,402 | 7,767 | 3,680 | 18,793 | 12,463 |
Unlevered Free Cash Flow | 4,410 | 4,047 | 8,347 | 4,169 | 19,415 | 13,026 |
Free Cash Flow After Leases | 2,407 | 1,460 | 4,156 | 2,771 | 27,233 | 16,767 |
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 Interest Paid | 1,149 | 1,010 | 966 | 796 | 989 | 774 |
Cash Income Tax Paid | 625 | 629 | 658 | 681 | 801 | 582 |
Change in Working Capital | -858 | 667 | -314 | 567 | -1,646 | -1,495 |