Navios Maritime Partners 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	285.33	367.31	433.65	579.25	516.19
Depreciation & Amortization	338.01	215.75	206.82	130.77	4.28
Other Amortization	-	71.45	50.51	34.27	19.88
Loss (Gain) From Sale of Assets	-	-25.76	-50.25	-149.35	-33.63
Loss (Gain) on Equity Investments	-	-	-	-	-80.84
Stock-Based Compensation	-	-	0	0.15	0.52
Other Operating Activities	-118.35	-9.98	54.4	51.05	-52.87
Change in Accounts Receivable	-	8.84	32.79	-46.56	0.34
Change in Accounts Payable	-	-7.73	-1.63	3.4	1.26
Change in Unearned Revenue	-	0.93	-8.28	11.49	17.74
Change in Other Net Operating Assets	-	-137.33	-157.69	-108.13	-115.71
Operating Cash Flow	504.99	483.48	560.32	506.34	277.17
Operating Cash Flow Growth	4.45%	-13.71%	10.66%	82.68%	194.59%
Capital Expenditures	-	-1,007	-465.02	-610.58	-278.88
Sale of Property, Plant & Equipment	-	190.29	259	284.48	121.08
Cash Acquisitions	-	-	-	9.86	42.68
Investment in Securities	-	34.71	-47	-	-
Other Investing Activities	-348.05	-	-	-	8.87
Investing Cash Flow	-348.05	-782.13	-253.02	-316.24	-106.25
Long-Term Debt Issued	-	966.14	609.72	479.74	735.28
Long-Term Debt Repaid	-	-574.99	-822.74	-651.88	-959.15
Net Debt Issued (Repaid)	-	391.15	-213.02	-172.14	-223.88
Issuance of Common Stock	-	-	-	-	208.46
Repurchase of Common Stock	-	-25	-	-	-
Common Dividends Paid	-	-6.13	-6.16	-6.16	-4.62
Other Financing Activities	-53.76	-10.76	-14.05	-6.14	-12.17
Financing Cash Flow	-53.76	349.26	-233.23	-184.45	-32.2
Net Cash Flow	103.18	50.61	74.08	5.65	138.72
Free Cash Flow	504.99	-523.65	95.3	-104.24	-1.71
Free Cash Flow Margin	37.57%	-39.25%	7.29%	-8.61%	-0.24%
Free Cash Flow Per Share	17.29	-17.27	3.09	-3.38	-0.06
Cash Interest Paid	-	139.26	144.39	80.63	50.38
Levered Free Cash Flow	612.34	-597.67	-17.99	-238.41	-46.89
Unlevered Free Cash Flow	696.58	-527.97	55.37	-192.16	-23.9
Change in Working Capital	-	-135.29	-134.81	-139.79	-96.37

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