Amrize AG (SWX:AMRZ)

Amrize AG Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	1,178	1,274	956	1,108	841
Depreciation & Amortization	895	889	865	800	712
Other Amortization	1	1	1	1	1
Loss (Gain) From Sale of Assets	-31	-40	-32	-36	-22
Asset Writedown & Restructuring Costs	2	2	15	57	-
Stock-Based Compensation	7	6	5	4	4
Other Operating Activities	133	112	109	40	54
Change in Accounts Receivable	-224	211	-83	38	-50
Change in Inventory	-9	-146	-7	-296	-41
Change in Accounts Payable	296	28	60	195	154
Change in Other Net Operating Assets	-117	-55	147	77	-161
Operating Cash Flow	2,131	2,282	2,036	1,988	1,492
Operating Cash Flow Growth	4.36%	12.08%	2.41%	33.24%	-
Capital Expenditures	-715	-642	-630	-488	-394
Sale of Property, Plant & Equipment	42	61	49	52	38
Cash Acquisitions	-314	-249	-1,607	-2,033	-3,454
Other Investing Activities	424	-378	163	-52	1,312
Investing Cash Flow	-563	-1,208	-2,025	-2,521	-2,498
Long-Term Debt Issued	-	230	1,465	1,270	2,000
Short-Term Debt Repaid	-	-101	-328	-160	-289
Long-Term Debt Repaid	-	-354	-390	-385	-950
Total Debt Repaid	-6,106	-455	-718	-545	-1,239
Net Debt Issued (Repaid)	-1,932	-225	747	725	761
Other Financing Activities	791	-312	-13	-228	475
Financing Cash Flow	-1,141	-537	734	497	1,236
Foreign Exchange Rate Adjustments	-21	-59	11	-12	-4
Net Cash Flow	406	478	756	-48	226
Free Cash Flow	1,416	1,640	1,406	1,500	1,098
Free Cash Flow Growth	2.31%	16.64%	-6.27%	36.61%	-
Free Cash Flow Margin	11.97%	14.01%	12.04%	13.98%	13.50%
Free Cash Flow Per Share	2.56	2.89	-	-	-
Cash Interest Paid	473	497	504	222	208
Cash Income Tax Paid	357	302	211	170	220
Levered Free Cash Flow	1,614	954.88	1,436	-	-
Unlevered Free Cash Flow	1,932	1,296	1,787	-	-
Change in Working Capital	-54	38	117	14	-98

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