Valmet Oyj (HEL:VALMT)
Finland · Delayed Price · Currency is EUR 28.78
-0.04 (-0.14%)
Nov 10, 2026, 3:38 PM EET
Valmet Oyj Cash Flow Statement
Financials in millions EUR. Fiscal year is January - December.
Millions EUR. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 | 284 | 280 | 280 | 357 | 337 | 296 |
Depreciation & Amortization | 189 | 188 | 199 | 177 | 187 | 108 |
Other Amortization | 21 | 21 | 20 | 19 | 16 | 12 |
Loss (Gain) From Sale of Investments | - | - | - | - | -59 | - |
Other Operating Activities | 90 | 53 | -6 | -21 | -46 | -10 |
Change in Accounts Receivable | 43 | 110 | - | - | - | - |
Change in Inventory | -47 | 19 | - | - | - | - |
Change in Accounts Payable | 37 | 40 | - | - | - | - |
Change in Unearned Revenue | -2 | -49 | - | - | - | - |
Change in Other Net Operating Assets | -115 | -81 | 61 | -180 | -399 | 76 |
Operating Cash Flow | 500 | 581 | 554 | 352 | 36 | 482 |
Operating Cash Flow Growth | -12.13% | 4.87% | 57.39% | 877.78% | -92.53% | -9.40% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Capital Expenditures | -63 | -85 | -83 | -98 | -80 | -68 |
Sale of Property, Plant & Equipment | 4 | 3 | 2 | 6 | 2 | 2 |
Cash Acquisitions | -407 | 1 | -135 | -415 | 117 | -15 |
Sale (Purchase) of Intangibles | -18 | -18 | -24 | -27 | -32 | -29 |
Investment in Securities | 2 | 2 | 2 | 2 | 13 | 11 |
Other Investing Activities | 1 | - | - | - | - | - |
Investing Cash Flow | -481 | -97 | -238 | -532 | 20 | -99 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Short-Term Debt Issued | - | 16 | - | - | 96 | - |
Long-Term Debt Issued | - | 281 | 375 | 725 | 400 | 100 |
Total Debt Issued | 790 | 297 | 375 | 725 | 496 | 100 |
Short-Term Debt Repaid | - | - | -42 | -58 | - | - |
Long-Term Debt Repaid | - | -451 | -342 | -84 | -626 | -145 |
Lease Payments | -53 | -57 | -52 | -44 | -39 | -26 |
Total Debt Repaid | -401 | -451 | -384 | -142 | -626 | -145 |
Net Debt Issued (Repaid) | 389 | -154 | -9 | 583 | -130 | -45 |
Repurchase of Common Stock | - | -3 | -3 | -4 | -5 | -3 |
Common Dividends Paid | -249 | -248 | -248 | -239 | -179 | -134 |
Other Financing Activities | -36 | 4 | -8 | 6 | 22 | 27 |
Financing Cash Flow | 104 | -401 | -268 | 346 | -292 | -155 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Foreign Exchange Rate Adjustments | 18 | -30 | 3 | -10 | -4 | 16 |
Miscellaneous Cash Flow Adjustments | -2 | - | -1 | -1 | - | -1 |
Net Cash Flow | 139 | 53 | 50 | 155 | -240 | 243 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Free Cash Flow | 437 | 496 | 471 | 254 | -44 | 414 |
Free Cash Flow Growth | -9.34% | 5.31% | 85.43% | - | - | -12.29% |
Free Cash Flow Margin | 8.10% | 9.54% | 8.79% | 4.59% | -0.87% | 10.52% |
Free Cash Flow Per Share | 2.37 | 2.69 | 2.56 | 1.38 | -0.25 | 2.77 |
Levered Free Cash Flow | 354.27 | 496.52 | 475.07 | 85.66 | -199.17 | 415.11 |
Unlevered Free Cash Flow | 401.77 | 542.77 | 530.69 | 109.41 | -192.92 | 415.73 |
Free Cash Flow After Leases | 384 | 439 | 419 | 210 | -83 | 388 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Cash Interest Paid | 67 | 67 | 74 | 31 | 12 | 8 |
Cash Income Tax Paid | 120 | 125 | 134 | 143 | 131 | 91 |
Change in Working Capital | -84 | 39 | 61 | -180 | -399 | 76 |