Knorr-Bremse AG (ETR:KBX)
Germany · Delayed Price · Currency is EUR 104.20
+0.80 (0.77%)
Aug 25, 2026, 5:25 PM CET
Knorr-Bremse AG 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 | 585 | 534 | 445 | 553 | 489.28 | 621.31 |
Depreciation & Amortization | 299 | 285 | 279 | 261 | 251.19 | 239.89 |
Other Amortization | 93 | 93 | 80 | 71 | 53.49 | 42.14 |
Loss (Gain) From Sale of Assets | 11 | 7 | 66 | 22 | 8.54 | -18.81 |
Asset Writedown & Restructuring Costs | 11 | 11 | 33 | 19 | 19.67 | 8.41 |
Loss (Gain) From Sale of Investments | 48 | 24 | 18 | 20 | 13.8 | 2.34 |
Provision & Write-off of Bad Debts | - | - | - | - | 10 | 19.96 |
Other Operating Activities | 88 | 86 | 159 | -31 | 196.48 | 203.43 |
Change in Inventory | -113 | -68 | -56 | -120 | -493.71 | -115.11 |
Change in Accounts Payable | 219 | 144 | 18 | 120 | 139.83 | 84.82 |
Change in Other Net Operating Assets | - | - | - | - | -147.01 | -112.88 |
Operating Cash Flow | 1,241 | 1,116 | 1,042 | 915 | 541.55 | 975.49 |
Operating Cash Flow Growth | 8.38% | 7.10% | 13.88% | 68.96% | -44.48% | -5.84% |
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 | -253 | -236 | -228 | -254 | -227.42 | -261.9 |
Sale of Property, Plant & Equipment | 30 | 4 | 29 | 12 | 29.91 | 19.14 |
Cash Acquisitions | -512 | -8 | -636 | -20 | -203.42 | -87.84 |
Divestitures | -1 | 8 | 6 | -7 | -4.48 | 5.65 |
Sale (Purchase) of Intangibles | -94 | -94 | -113 | -121 | -124.73 | -132.74 |
Investment in Securities | -11 | -19 | 149 | -39 | -12.29 | -81.4 |
Other Investing Activities | 27 | 39 | 43 | 18 | 37.42 | 4.71 |
Investing Cash Flow | -814 | -306 | -750 | -411 | -505 | -534.37 |
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 | - | 69 | 1,099 | 16 | 740.22 | 47.33 |
Long-Term Debt Repaid | - | -914 | -100 | -123 | -110.35 | -1,103 |
Net Debt Issued (Repaid) | -98 | -845 | 999 | -107 | 629.87 | -1,056 |
Common Dividends Paid | -306 | -282 | -264 | -234 | -298.22 | -245.02 |
Other Financing Activities | -126 | -129 | -105 | -57 | -492.46 | -123.88 |
Financing Cash Flow | -530 | -1,256 | 630 | -398 | -160.81 | -1,425 |
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 | 15 | -72 | 25 | -35 | 8.5 | 69.55 |
Miscellaneous Cash Flow Adjustments | - | - | - | 1 | -0 | 0 |
Net Cash Flow | -88 | -518 | 947 | 72 | -115.76 | -914.23 |
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 | 988 | 880 | 814 | 661 | 314.13 | 713.59 |
Free Cash Flow Growth | 6.35% | 8.11% | 23.15% | 110.42% | -55.98% | -10.20% |
Free Cash Flow Margin | 12.30% | 11.13% | 10.18% | 8.22% | 4.33% | 10.51% |
Free Cash Flow Per Share | 6.15 | 5.46 | 5.05 | 4.10 | 1.95 | 4.43 |
Levered Free Cash Flow | 665.38 | 607.13 | 558.63 | 174.07 | -247.89 | 354.42 |
Unlevered Free Cash Flow | 741 | 685.88 | 625.5 | 237.2 | -216.29 | 389.72 |
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 | 81 | 91 | 59 | 59 | 31.94 | 36.62 |
Cash Income Tax Paid | 227 | 181 | 204 | 259 | 203.55 | 182.29 |
Change in Working Capital | 106 | 76 | -38 | - | -500.89 | -143.17 |