Ratos AB (publ) (STO:RATO.B)
Sweden · Delayed Price · Currency is SEK 41.28
+0.64 (1.57%)
Nov 2, 2026, 5:29 PM CET
Ratos AB Cash Flow Statement
Financials in millions SEK. Fiscal year is January - December.
Millions SEK. 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 | -236 | 2,130 | 249 | 1,218 | 548 | 2,637 |
Depreciation & Amortization | 1,067 | 1,297 | 1,504 | - | 1,245 | 943 |
Other Amortization | - | - | - | - | 77 | 65 |
Loss (Gain) From Sale of Assets | -2,798 | -2,798 | -83 | -68 | 104 | 55 |
Asset Writedown & Restructuring Costs | 1,885 | 1,885 | 349 | - | 18 | 12 |
Loss (Gain) From Sale of Investments | - | - | - | -1,656 | - | - |
Loss (Gain) on Equity Investments | -544 | -544 | -439 | -433 | -255 | -189 |
Other Operating Activities | 2,967 | -2,134 | 310 | 3,768 | 330 | -1,366 |
Change in Accounts Receivable | 150 | 131 | 351 | 25 | -1,062 | -38 |
Change in Inventory | -34 | 64 | 130 | 571 | -487 | -459 |
Change in Other Net Operating Assets | -4 | -784 | 399 | 850 | 913 | -206 |
Operating Cash Flow | 2,453 | 2,294 | 3,445 | 4,275 | 1,431 | 1,448 |
Operating Cash Flow Growth | -19.71% | -33.41% | -19.41% | 198.74% | -1.17% | -54.76% |
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 | -380 | -394 | -287 | -231 | -405 | -419 |
Cash Acquisitions | -164 | -43 | -608 | -333 | -4,542 | -2,492 |
Divestitures | 117 | 101 | -25 | -2 | 5 | 2,634 |
Investment in Securities | 615 | 6 | -52 | 24 | 685 | 15 |
Other Investing Activities | - | - | - | - | - | 4 |
Investing Cash Flow | 188 | -330 | -972 | -542 | -4,257 | -258 |
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 |
Long-Term Debt Issued | - | 3,262 | 3,405 | 1,884 | 9,957 | 2,361 |
Long-Term Debt Repaid | - | -4,597 | -4,463 | -5,111 | -6,335 | -3,902 |
Net Debt Issued (Repaid) | -3,789 | -1,335 | -1,058 | -3,227 | 3,622 | -1,541 |
Issuance of Common Stock | - | - | - | - | 19 | 232 |
Repurchase of Common Stock | - | - | -2 | - | - | - |
Common Dividends Paid | -458 | -442 | -409 | -274 | -390 | -303 |
Dividends Paid | -458 | -442 | -409 | -274 | -390 | -303 |
Other Financing Activities | -195 | -1,132 | -1,149 | -297 | -260 | -615 |
Financing Cash Flow | -4,442 | -2,909 | -2,618 | -3,798 | 2,991 | -2,227 |
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 | 42 | -105 | -29 | -108 | 138 | 84 |
Miscellaneous Cash Flow Adjustments | 1,920 | - | - | 1 | -1 | 1 |
Net Cash Flow | 161 | -1,050 | -174 | -172 | 302 | -952 |
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 | 2,073 | 1,900 | 3,158 | 4,044 | 1,026 | 1,029 |
Free Cash Flow Growth | -22.88% | -39.84% | -21.91% | 294.15% | -0.29% | -59.44% |
Free Cash Flow Margin | 10.65% | 9.97% | 15.75% | 11.98% | 3.43% | 4.56% |
Free Cash Flow Per Share | 6.33 | 5.80 | 9.65 | 12.26 | 3.14 | 3.15 |
Levered Free Cash Flow | 618.38 | -2,189 | 2,331 | 2,314 | 691.5 | 3,488 |
Unlevered Free Cash Flow | 873.38 | -1,873 | 2,769 | 2,699 | 935.25 | 3,687 |
Free Cash Flow After Leases | 2,073 | 1,900 | 3,158 | 4,044 | 1,026 | 1,029 |
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 | - | - | - | - | - | 339 |
Cash Income Tax Paid | 263 | 363 | 447 | 316 | 301 | 265 |
Change in Working Capital | 112 | -589 | 880 | 1,446 | -636 | -703 |