Cboe Global Markets 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	764.9	761.4	235	529
Depreciation & Amortization	122.7	149.6	159.6	160.1
Other Amortization	12.6	11	9.6	9.5
Loss (Gain) From Sale of Assets	-	-	-	0.4
Asset Writedown & Restructuring Costs	81	-	460.9	-
Loss (Gain) From Sale of Investments	31.6	1.8	3.1	5.6
Loss (Gain) on Equity Investments	-26.5	-36.9	-4.2	0.4
Stock-Based Compensation	41.8	41.3	30.7	26.6
Provision & Write-off of Bad Debts	3.1	4	1.1	0.4
Other Operating Activities	-27.7	-32.2	-160.6	-21.6
Change in Accounts Receivable	-124.3	39.4	-49.8	12
Change in Accounts Payable	-36.4	-19.1	38.8	45
Change in Unearned Revenue	0.5	-5.8	-4.1	4.9
Change in Income Taxes	62.5	18.6	79.9	47.4
Change in Other Net Operating Assets	194.8	142.5	-148.9	-222.9
Operating Cash Flow	1,101	1,076	651.1	596.8
Operating Cash Flow Growth	2.32%	65.20%	9.10%	-59.09%
Capital Expenditures	-60.9	-45	-59.8	-51
Sale of Property, Plant & Equipment	4	-	-	-
Cash Acquisitions	-	-	-708.3	-151.5
Sale (Purchase) of Intangibles	0.1	0.8	-	-
Investment in Securities	-87.9	-11.2	-67	-150.8
Other Investing Activities	2.9	0.3	-	0.6
Investing Cash Flow	-141.8	-55.1	-835.1	-352.7
Long-Term Debt Issued	-	-	663.6	110
Total Debt Issued	-	-	663.6	110
Long-Term Debt Repaid	-	-305	-220	-20
Total Debt Repaid	-	-305	-220	-20
Net Debt Issued (Repaid)	-	-305	443.6	90
Issuance of Common Stock	8.6	-	-	-
Repurchase of Common Stock	-234.3	-97.8	-109.8	-87.5
Common Dividends Paid	-249.4	-223.5	-209.4	-193.3
Other Financing Activities	-19.9	-29.8	-42.7	-9.5
Financing Cash Flow	-495	-656.1	81.7	-200.3
Foreign Exchange Rate Adjustments	-95.1	52.8	-10	-9.1
Net Cash Flow	368.7	417.2	-112.3	34.7
Free Cash Flow	1,040	1,031	591.3	545.8
Free Cash Flow Growth	0.88%	74.29%	8.34%	-61.33%
Free Cash Flow Margin	25.39%	27.31%	14.94%	15.62%
Free Cash Flow Per Share	9.86	9.70	5.54	5.09
Cash Interest Paid	100.1	56.7	51	42.1
Cash Income Tax Paid	362.4	286.4	271.1	209.8
Levered Free Cash Flow	766.16	618.61	845.35	625.25
Unlevered Free Cash Flow	796.05	655.01	880.45	653.05
Change in Working Capital	97.1	175.6	-84.1	-113.6

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