Stifel Financial Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	731.38	522.54	662.16	824.86
Depreciation & Amortization, Total	85.97	81.46	70.21	63.76
Gain (Loss) On Sale of Investments	8.64	9.41	24.05	20.04
Stock-Based Compensation	153.76	140.26	135.51	119.38
Change in Accounts Receivable	-127.19	88.22	384.66	-222.53
Change in Accounts Payable	-325.77	7.55	-283.25	-85.48
Change in Other Net Operating Assets	-126.58	-538.87	-22.97	-9.46
Other Operating Activities	-42.88	22.69	21.55	58.33
Operating Cash Flow	490.44	499.33	1,157	872.09
Capital Expenditures	-73.79	-51.98	-82.33	-188.18
Cash Acquisitions	-8.47	-111.96	-11.9	-144.47
Investment in Securities	-680.06	206.26	-407.65	-1,172
Investing Cash Flow	-2,310	1,045	-4,325	-6,966
Short-Term Debt Issued	162.53	205.63	-	135.59
Long-Term Debt Issued	43.23	67.59	-	4.09
Total Debt Issued	205.76	273.22	-	139.68
Short-Term Debt Repaid	-	-	-173.52	-
Long-Term Debt Repaid	-500	-	-81.11	-
Total Debt Repaid	-500	-	-254.63	-
Net Debt Issued (Repaid)	-294.24	273.22	-254.63	139.68
Repurchase of Common Stock	-265.06	-538.26	-208.38	-251.31
Preferred Dividends Paid	-37.28	-37.28	-37.28	-35.59
Common Dividends Paid	-190	-162.98	-133.75	-66.34
Dividends Paid	-227.28	-200.27	-171.03	-101.92
Other Financing Activities	1,767	210.73	3,825	6,008
Financing Cash Flow	980.1	-254.58	3,191	5,794
Foreign Exchange Rate Adjustments	-6.03	5.45	55.05	-3.54
Net Cash Flow	-845.65	1,295	79.35	-302.55
Free Cash Flow	416.65	447.35	1,075	683.92
Free Cash Flow Growth	-6.86%	-58.39%	57.19%	-56.94%
Free Cash Flow Margin	8.43%	10.35%	24.67%	14.40%
Free Cash Flow Per Share	3.75	3.94	9.15	5.77
Cash Interest Paid	995.53	821.74	220.85	62.51
Cash Income Tax Paid	232.95	183.82	217.13	288.95

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