Jerónimo Martins, SGPS, S.A. (ELI:JMT)
Portugal · Delayed Price · Currency is EUR 17.89
+0.10 (0.56%)
Sep 16, 2026, 4:35 PM WET
Jerónimo Martins, SGPS 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 | 637 | 646 | 599 | 756 | 590 | 463 |
Depreciation & Amortization | 1,179 | 1,123 | 1,028 | 892 | 773 | 738 |
Other Amortization | 20 | 20 | 15 | 10 | 9 | 7 |
Loss (Gain) From Sale of Assets | 4 | 11 | 16 | 15 | 4 | 4 |
Loss (Gain) on Equity Investments | 4 | 2 | 1 | 1 | - | - |
Other Operating Activities | 325 | 246 | 190 | 159 | 167 | 147 |
Change in Accounts Receivable | -144 | 5 | 10 | -16 | -11 | -4 |
Change in Inventory | -277 | -238 | -206 | -190 | -421 | -148 |
Change in Accounts Payable | 468 | 550 | -9 | 384 | 931 | 527 |
Change in Other Net Operating Assets | 58 | 49 | 3 | -2 | 36 | 1 |
Operating Cash Flow | 2,285 | 2,425 | 1,654 | 2,025 | 2,095 | 1,756 |
Operating Cash Flow Growth | 15.17% | 46.61% | -18.32% | -3.34% | 19.30% | 21.19% |
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 | -1,093 | -1,057 | -1,005 | -1,080 | -887 | -584 |
Sale of Property, Plant & Equipment | 17 | 17 | 8 | 3 | 57 | 6 |
Cash Acquisitions | -56 | -85 | -20 | -48 | -4 | -6 |
Investment in Securities | -2 | 59 | 79 | -108 | -6 | -33 |
Other Investing Activities | 47 | 48 | 45 | 49 | 15 | - |
Investing Cash Flow | -1,087 | -1,018 | -893 | -1,184 | -825 | -617 |
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 | - | - | - | 198 | 52 | - |
Long-Term Debt Repaid | - | -509 | -485 | -348 | -321 | -326 |
Lease Payments | -425 | -409 | -392 | -348 | -321 | -286 |
Net Debt Issued (Repaid) | -542 | -509 | -485 | -150 | -269 | -326 |
Common Dividends Paid | -409 | -371 | -412 | -346 | -494 | -181 |
Other Financing Activities | -119 | -94 | 28 | -256 | -187 | -169 |
Financing Cash Flow | -1,070 | -974 | -869 | -752 | -950 | -676 |
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 | 3 | 12 | -7 | 68 | -33 | -10 |
Miscellaneous Cash Flow Adjustments | 1 | - | - | - | - | - |
Net Cash Flow | 132 | 445 | -115 | 157 | 287 | 453 |
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 | 1,192 | 1,368 | 649 | 945 | 1,208 | 1,172 |
Free Cash Flow Growth | 24.95% | 110.79% | -31.32% | -21.77% | 3.07% | 25.35% |
Free Cash Flow Margin | 3.23% | 3.80% | 1.94% | 3.09% | 4.76% | 5.61% |
Free Cash Flow Per Share | 1.90 | 2.18 | 1.03 | 1.50 | 1.92 | 1.86 |
Levered Free Cash Flow | 695.38 | 1,098 | 178.63 | 931.25 | 971.38 | 1,015 |
Unlevered Free Cash Flow | 937.25 | 1,326 | 376.13 | 1,079 | 1,075 | 1,107 |
Free Cash Flow After Leases | 767 | 959 | 257 | 597 | 887 | 886 |
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 | 401 | 376 | 327 | 241 | 170 | 152 |
Cash Income Tax Paid | 244 | 286 | 280 | 254 | 208 | 174 |
Change in Working Capital | 105 | 366 | -202 | 176 | 535 | 376 |