Rexford Industrial Realty Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	212.03	273.8	238.02	167.58	128.24
Depreciation & Amortization	291.56	247.59	214.63	165.59	135.83
Other Amortization	5.06	4.78	3.86	2.69	1.92
Gain (Loss) on Sale of Assets	-106.03	-18.01	-19	-8.49	-33.93
Asset Writedown	89.1	-	0.19	-	0.99
Stock-Based Compensation	100.48	41.6	33.64	28.43	19.51
Change in Accounts Receivable	1.92	2.26	-2.23	-2.86	-0.75
Change in Accounts Payable	-7.62	8.89	4.66	9.3	11.9
Change in Other Net Operating Assets	-31.02	-31.21	-23.45	-12.06	-17.05
Other Operating Activities	-15.54	-21.42	-24.03	-20.54	-14.13
Operating Cash Flow	542.09	478.92	427.55	327.7	231.46
Operating Cash Flow Growth	13.19%	12.02%	30.47%	41.58%	26.49%
Acquisition of Real Estate Assets	-333.42	-1,879	-1,581	-2,465	-1,969
Sale of Real Estate Assets	208.36	41.29	27.03	15.32	56.57
Net Sale / Acq. of Real Estate Assets	-125.06	-1,838	-1,554	-2,449	-1,913
Other Investing Activities	-	2.13	-	-	-
Investing Cash Flow	-125.06	-1,836	-1,676	-2,449	-1,913
Long-Term Debt Issued	-	1,130	646.93	2,714	1,265
Long-Term Debt Repaid	-100.97	-13.4	-357.49	-2,177	-1,095
Net Debt Issued (Repaid)	-100.97	1,116	289.43	537.39	169.28
Issuance of Common Stock	478.57	653.44	1,282	1,832	1,645
Repurchase of Common Stock	-251.96	-2.15	-1.91	-2.16	-1.43
Preferred Share Repurchases	-	-0.12	-	-	-90
Common Dividends Paid	-412.62	-367.95	-302.19	-210.48	-129.79
Preferred Dividends Paid	-9.26	-9.26	-9.26	-9.26	-12.56
Total Dividends Paid	-421.87	-377.21	-311.45	-219.74	-142.36
Other Financing Activities	-10.99	-10.85	-12.51	-32.97	-32.41
Net Cash Flow	109.81	22.53	-3.34	-7.21	-133.53
Cash Interest Paid	95.06	74.19	54.62	44.81	32.98
Levered Free Cash Flow	186.29	87.28	24.34	198.23	128.98
Unlevered Free Cash Flow	246.79	144.12	58.86	225.85	152.15
Change in Working Capital	-34.58	-49.43	-19.75	-7.56	-6.96

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