Ashtead Group Cash Flow Statement

Financials in millions USD. Fiscal year is May - April.

Millions USD. Fiscal year is May - Apr.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Apr '25 Apr 30, 2025	Apr '24 Apr 30, 2024	Apr '23 Apr 30, 2023	Apr '22 Apr 30, 2022	Apr '21 Apr 30, 2021
Net Income	1,422	1,511	1,598	1,618	1,251	920.1
Depreciation & Amortization	2,495	2,449	2,239	1,890	1,662	1,527
Loss (Gain) From Sale of Assets	-79.3	-99.4	-245	-204.1	-87.9	-25.3
Asset Writedown & Restructuring Costs	-	-	-	-	-	12
Stock-Based Compensation	6.2	-	-	44.8	48.1	9.5
Other Operating Activities	-1,060	-1,694	-2,584	-2,168	-1,211	-497
Change in Accounts Receivable	-144.5	-52.2	-177.1	-209.6	-164.1	-127.8
Change in Inventory	6.5	15.1	21.2	-4.7	-67.2	5.3
Change in Accounts Payable	83.3	44.5	2.5	34.2	68.8	118.6
Operating Cash Flow	2,729	2,174	854.6	1,000	1,499	1,942
Operating Cash Flow Growth	72.74%	154.38%	-14.55%	-33.28%	-22.82%	55.98%
Capital Expenditures	-349.4	-455.6	-685.6	-510	-398.4	-138.3
Sale of Property, Plant & Equipment	54.4	61.2	47.5	41.4	24.8	18.3
Cash Acquisitions	-211.9	-147.4	-875.6	-1,083	-1,277	-195.1
Divestitures	16	-	1.9	-	-	-
Investment in Securities	-	-	-15	-42.4	-40	-
Investing Cash Flow	-490.9	-541.8	-1,527	-1,594	-1,691	-315.1
Long-Term Debt Issued	-	1,309	3,616	3,355	3,055	643.4
Long-Term Debt Repaid	-	-1,970	-2,409	-2,111	-2,170	-2,302
Net Debt Issued (Repaid)	-683.7	-660.7	1,208	1,244	884.2	-1,659
Repurchase of Common Stock	-1,075	-427.4	-108.3	-276.9	-433.4	-15.5
Common Dividends Paid	-466.5	-546.6	-436.6	-356.6	-271.5	-239.1
Other Financing Activities	2.4	2.4	0.5	-1.2	2.2	3.6
Financing Cash Flow	-2,223	-1,632	663.2	609.3	181.5	-1,910
Foreign Exchange Rate Adjustments	0.3	0.4	-0.1	-0.6	-0.8	5
Net Cash Flow	15.9	0.2	-9.1	14.6	-11.3	-277.8
Free Cash Flow	2,380	1,718	169	490.1	1,101	1,804
Free Cash Flow Growth	155.53%	916.75%	-65.52%	-55.47%	-38.99%	83.54%
Free Cash Flow Margin	21.91%	15.92%	1.56%	5.07%	13.82%	27.17%
Free Cash Flow Per Share	5.52	3.93	0.39	1.11	2.46	4.01
Cash Interest Paid	521.7	554.9	513.1	-	-	-
Cash Income Tax Paid	398.4	424.8	245.8	287.3	218.8	387.6
Levered Free Cash Flow	3,395	2,996	2,607	2,808	2,403	2,276
Unlevered Free Cash Flow	3,734	3,348	2,948	3,039	2,578	2,441
Change in Working Capital	-54.7	7.4	-153.4	-180.1	-162.5	-3.9

Source: S&P Global Market Intelligence. Standard template. Financial Sources.