Cohen & Steers 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	151.27	129.05	171.04	211.4
Depreciation & Amortization	11.17	5.14	5.67	16.06
Loss (Gain) From Sale of Investments	-17.67	-6.25	24.99	-18.82
Stock-Based Compensation	52.3	44.47	49.35	40.46
Other Operating Activities	18.2	21.81	-9.37	16.84
Change in Accounts Receivable	-6.74	-1.43	15.83	-16.38
Change in Income Taxes	-0.16	-2.74	-15.04	9.99
Change in Other Net Operating Assets	-111.68	-18.09	-180.79	-16.65
Operating Cash Flow	96.69	171.96	61.68	242.9
Operating Cash Flow Growth	-43.77%	178.79%	-74.61%	172.35%
Capital Expenditures	-11.65	-56.99	-4.22	-2.7
Investment in Securities	-108.06	-57.79	1.37	50.34
Investing Cash Flow	-119.71	-114.78	-2.86	47.65
Issuance of Common Stock	69.56	1.06	1.04	1
Repurchase of Common Stock	-21.11	-21.54	-26.82	-22.59
Common Dividends Paid	-119.18	-112.45	-107.35	-87.26
Other Financing Activities	88.89	13.87	142.1	23.72
Financing Cash Flow	18.17	-119.05	8.98	-145.43
Foreign Exchange Rate Adjustments	-1.59	2.76	-4.44	-1
Net Cash Flow	-6.44	-59.11	63.36	144.12
Free Cash Flow	85.04	114.98	57.46	240.21
Free Cash Flow Growth	-26.04%	100.11%	-76.08%	177.10%
Free Cash Flow Margin	16.43%	23.48%	10.13%	41.14%
Free Cash Flow Per Share	1.67	2.32	1.17	4.89
Cash Income Tax Paid	47.2	45.8	63.6	45.7
Levered Free Cash Flow	157.31	79.37	187.53	238.26
Unlevered Free Cash Flow	157.31	79.37	187.53	238.26
Change in Working Capital	-118.58	-22.26	-180	-23.04

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