Sandvik AB (publ) (STO:SAND)
Sweden · Delayed Price · Currency is SEK 357.40
-1.50 (-0.42%)
Nov 6, 2026, 5:29 PM CET
Sandvik 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 | 19,083 | 14,690 | 12,243 | 15,300 | 11,212 | 14,461 |
Depreciation & Amortization | 7,512 | 7,009 | 7,309 | 6,473 | 5,698 | 5,335 |
Other Amortization | 490 | 490 | 412 | 745 | 718 | 716 |
Loss (Gain) From Sale of Assets | -372 | -372 | 157 | -382 | -282 | -586 |
Asset Writedown & Restructuring Costs | -84 | -84 | 260 | 241 | 232 | -56 |
Loss (Gain) on Equity Investments | -23 | -23 | 208 | -16 | -6 | 4 |
Other Operating Activities | 2,977 | -1,429 | -1,238 | -1,158 | 2,469 | -2,970 |
Change in Accounts Receivable | -5,503 | -1,602 | 347 | -171 | -2,107 | -3,477 |
Change in Inventory | -7,686 | -1,764 | 1,189 | 292 | -9,070 | -5,245 |
Change in Other Net Operating Assets | 5,510 | 2,274 | -280 | -2,527 | 1,601 | 4,995 |
Operating Cash Flow | 21,904 | 19,189 | 20,607 | 18,797 | 10,465 | 13,177 |
Operating Cash Flow Growth | 10.91% | -6.88% | 9.63% | 79.62% | -20.58% | -14.14% |
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 | -2,937 | -2,835 | -3,565 | -3,872 | -3,564 | -2,936 |
Sale of Property, Plant & Equipment | 247 | 376 | 257 | 315 | 739 | 578 |
Cash Acquisitions | -5,523 | -2,997 | -3,187 | -1,877 | -15,184 | -23,578 |
Divestitures | -1 | 336 | -22 | -164 | -34 | 423 |
Sale (Purchase) of Intangibles | -836 | -970 | -1,269 | -1,476 | -960 | -629 |
Investment in Securities | -847 | -272 | 117 | -1,430 | -1,300 | -49 |
Other Investing Activities | -3 | -2 | -2 | -1 | -1 | - |
Investing Cash Flow | -9,900 | -6,364 | -7,671 | -8,505 | -20,304 | -26,191 |
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 | - | 1,765 | 5,928 | 78 | 32,507 | 21,312 |
Long-Term Debt Repaid | - | -6,457 | -11,974 | -9,780 | -18,872 | -10,685 |
Lease Payments | -1,528 | -1,433 | -1,439 | -1,323 | -1,214 | -1,025 |
Net Debt Issued (Repaid) | -4,275 | -4,692 | -6,046 | -9,702 | 13,635 | 10,627 |
Repurchase of Common Stock | - | -6 | -61 | -242 | -270 | - |
Common Dividends Paid | -7,514 | -7,203 | -6,880 | -6,261 | -5,955 | -8,140 |
Other Financing Activities | 193 | - | -1 | -1 | -1,188 | -1 |
Financing Cash Flow | -11,596 | -11,901 | -12,988 | -16,206 | 6,222 | 2,486 |
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 | 188 | -494 | 216 | -213 | 521 | 360 |
Miscellaneous Cash Flow Adjustments | - | - | 1 | 1 | - | 1 |
Net Cash Flow | 596 | 430 | 165 | -6,126 | -3,096 | -10,167 |
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 | 18,967 | 16,354 | 17,042 | 14,925 | 6,901 | 10,241 |
Free Cash Flow Growth | 13.81% | -4.04% | 14.18% | 116.27% | -32.61% | -19.13% |
Free Cash Flow Margin | 13.78% | 13.55% | 13.87% | 11.80% | 6.14% | 11.95% |
Free Cash Flow Per Share | 15.11 | 13.03 | 13.57 | 11.88 | 5.50 | 8.15 |
Levered Free Cash Flow | 13,561 | 15,785 | 15,087 | 9,479 | 7,305 | 4,427 |
Unlevered Free Cash Flow | 14,597 | 16,925 | 16,682 | 11,118 | 8,330 | 4,951 |
Free Cash Flow After Leases | 17,439 | 14,921 | 15,603 | 13,602 | 5,687 | 9,216 |
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 | 2,209 | 2,209 | 2,737 | 2,593 | 1,378 | 964 |
Cash Income Tax Paid | 3,173 | 5,156 | 5,474 | 6,852 | 5,262 | 4,154 |
Change in Working Capital | -7,679 | -1,092 | 1,256 | -2,406 | -9,576 | -3,727 |