Danone S.A. (EPA:BN)
France · Delayed Price · Currency is EUR 66.32
+0.14 (0.21%)
Aug 21, 2026, 5:39 PM CET
Danone 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 | 1,960 | 1,825 | 2,021 | 881 | 959 | 1,924 |
Depreciation & Amortization | 1,028 | 1,014 | 1,046 | 1,453 | 1,087 | 1,040 |
Loss (Gain) From Sale of Assets | 5 | -1 | -225 | -7 | 78 | -31 |
Asset Writedown & Restructuring Costs | 224 | 341 | 122 | 158 | 776 | 225 |
Loss (Gain) on Equity Investments | -173 | -68 | -7 | -13 | 53 | -564 |
Stock-Based Compensation | 103 | 109 | 71 | 61 | 25 | 12 |
Other Operating Activities | 432 | 284 | 270 | 632 | -91 | 516 |
Change in Accounts Receivable | -194 | -328 | -7 | 74 | -424 | -231 |
Change in Inventory | -219 | -192 | 50 | 41 | -667 | -81 |
Change in Accounts Payable | 361 | 527 | 353 | 324 | 879 | 425 |
Change in Other Net Operating Assets | -9 | 268 | 137 | -162 | 289 | 239 |
Operating Cash Flow | 3,518 | 3,779 | 3,831 | 3,442 | 2,964 | 3,474 |
Operating Cash Flow Growth | -8.53% | -1.36% | 11.30% | 16.13% | -14.68% | 17.09% |
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 | -1,096 | -1,055 | -923 | -847 | -873 | -1,043 |
Sale of Property, Plant & Equipment | 24 | 44 | 18 | 15 | 30 | 46 |
Cash Acquisitions | -775 | -858 | -153 | -162 | -100 | -300 |
Divestitures | 72 | 106 | 507 | 177 | 206 | 1,834 |
Other Investing Activities | -2 | -1 | 1 | - | - | - |
Investing Cash Flow | -1,762 | -1,773 | -463 | -834 | -749 | 561 |
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 | - | 2,246 | 1,397 | 2,174 | 600 | 2,198 |
Long-Term Debt Repaid | - | -2,050 | -2,814 | -2,602 | -2,714 | -2,543 |
Net Debt Issued (Repaid) | 2,080 | 196 | -1,417 | -428 | -2,114 | -345 |
Issuance of Common Stock | 97 | 89 | 76 | 69 | 51 | 46 |
Repurchase of Common Stock | -294 | -486 | - | - | - | -801 |
Common Dividends Paid | -1,440 | -1,379 | -1,348 | -1,279 | -1,238 | -1,261 |
Other Financing Activities | -2,187 | -30 | -1,128 | -419 | 1,367 | -1,666 |
Financing Cash Flow | -1,744 | -1,610 | -3,817 | -2,057 | -1,934 | -4,027 |
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 | -1 | -307 | -2 | -503 | 112 | 58 |
Miscellaneous Cash Flow Adjustments | 1 | 1 | -1 | 1 | -1 | - |
Net Cash Flow | 12 | 90 | -452 | 49 | 392 | 66 |
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 | 2,422 | 2,724 | 2,908 | 2,595 | 2,091 | 2,431 |
Free Cash Flow Growth | -15.58% | -6.33% | 12.06% | 24.10% | -13.99% | 21.25% |
Free Cash Flow Margin | 8.81% | 9.98% | 10.62% | 9.40% | 7.56% | 10.01% |
Free Cash Flow Per Share | 3.76 | 4.22 | 4.51 | 4.04 | 3.27 | 3.76 |
Levered Free Cash Flow | 2,078 | 2,491 | 2,989 | 3,031 | 2,363 | 2,906 |
Unlevered Free Cash Flow | 2,409 | 2,803 | 3,364 | 3,352 | 2,555 | 3,107 |
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 | 5 | 5 | 5 | 18 | 18 | 41 |
Cash Income Tax Paid | 697 | 697 | 766 | 730 | 716 | 569 |
Change in Working Capital | -61 | 275 | 533 | 277 | 77 | 352 |