CTS Corporation 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	58.11	60.53	59.58	-41.87
Depreciation & Amortization	30.92	28.71	29.75	26.93
Asset Writedown & Restructuring Costs	-	1.48	-	-
Stock-Based Compensation	5.65	5.18	7.73	6.11
Other Operating Activities	-2.74	-3.56	2.53	101.63
Change in Accounts Receivable	0.03	12.59	-5.91	-0.93
Change in Inventory	11.89	2.35	-8.21	-3.57
Change in Accounts Payable	-1.77	-9.75	-2.29	3.14
Change in Other Net Operating Assets	-2.8	-8.73	38.03	-5.3
Operating Cash Flow	99.29	88.81	121.2	86.14
Operating Cash Flow Growth	11.80%	-26.72%	40.70%	12.19%
Capital Expenditures	-18.64	-14.74	-14.33	-15.64
Cash Acquisitions	-121.91	-3.36	-96.86	-0.26
Investing Cash Flow	-140.56	-18.1	-111.19	-15.9
Long-Term Debt Issued	915.6	758.36	756.58	804.2
Total Debt Issued	915.6	758.36	756.58	804.2
Long-Term Debt Repaid	-891.85	-774.53	-722.94	-808.8
Total Debt Repaid	-891.85	-774.53	-722.94	-808.8
Net Debt Issued (Repaid)	23.75	-16.17	33.64	-4.6
Repurchase of Common Stock	-45.73	-44.19	-22.97	-10.29
Common Dividends Paid	-4.89	-5.04	-5.13	-5.17
Other Financing Activities	-1.08	-	-1.2	-0.65
Financing Cash Flow	-27.94	-65.4	4.34	-20.71
Foreign Exchange Rate Adjustments	-0.34	1.65	1.1	0.16
Net Cash Flow	-69.54	6.97	15.45	49.69
Free Cash Flow	80.65	74.07	106.86	70.5
Free Cash Flow Growth	8.87%	-30.69%	51.58%	13.85%
Free Cash Flow Margin	15.64%	13.46%	18.21%	13.74%
Free Cash Flow Per Share	2.63	2.35	3.31	2.18
Cash Interest Paid	4.23	3.13	2.02	1.95
Cash Income Tax Paid	16.6	20.24	20.08	16.89
Levered Free Cash Flow	69.64	64.93	63.19	64.06
Unlevered Free Cash Flow	72.29	67.01	64.56	65.38
Change in Working Capital	7.35	-3.54	21.61	-6.66

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