Partners Group Holding AG (SWX:PGHN)
Switzerland · Delayed Price · Currency is CHF 613.00
-8.00 (-1.29%)
Sep 18, 2026, 5:31 PM CET
Partners Group Holding AG Cash Flow Statement
Financials in millions CHF. Fiscal year is January - December.
Millions CHF. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 | 1,185 | 1,261 | 1,128 | 1,003 | 1,005 | 1,464 |
Depreciation & Amortization | 50 | 49.3 | 31.9 | 25 | 22.1 | 22.4 |
Other Amortization | 20 | 20 | 16.7 | 16.1 | 18.4 | 17.3 |
Loss (Gain) From Sale of Investments | -16.7 | -75.6 | -112.5 | -67.4 | -13.6 | -117 |
Loss (Gain) on Equity Investments | 1 | 1 | 0.6 | 1 | -0.3 | -2.7 |
Stock-Based Compensation | 64 | 63.2 | 55.9 | 58 | 57.9 | 55.5 |
Other Operating Activities | 107.1 | 287.9 | 46.6 | 124.7 | -62.2 | 184.4 |
Change in Accounts Receivable | -20.5 | -107.2 | -335 | -597.1 | 119.5 | -1,003 |
Change in Accounts Payable | 285.9 | 15.7 | 102 | 79.4 | -83.2 | 81.3 |
Operating Cash Flow | 1,939 | 1,515 | 933.9 | 643.1 | 1,064 | 701.8 |
Operating Cash Flow Growth | 152.79% | 62.22% | 45.22% | -39.53% | 51.54% | -39.21% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 | -9.8 | -8.5 | -114.3 | -102 | -60.5 | -34.3 |
Sale of Property, Plant & Equipment | - | - | - | - | - | 0.2 |
Cash Acquisitions | - | -95.2 | -13.9 | - | - | - |
Sale (Purchase) of Intangibles | -10.1 | -12.3 | -26.8 | -6.7 | -28.2 | -21.9 |
Investment in Securities | -278.3 | -279.7 | -132.4 | -347.1 | 14.6 | 31.4 |
Other Investing Activities | -41.3 | 5.1 | 8.4 | 5 | 4 | 2.8 |
Investing Cash Flow | -339.5 | -390.6 | -279 | -450.8 | -70.1 | -21.8 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 | - | 9,546 | 2,020 | 1,504 | 1,220 | - |
Long-Term Debt Issued | - | 4.3 | 499.3 | 330.4 | - | - |
Total Debt Issued | 14,553 | 9,550 | 2,519 | 1,834 | 1,220 | - |
Short-Term Debt Repaid | - | -9,192 | -1,545 | -1,534 | -950 | - |
Long-Term Debt Repaid | - | -27.9 | -316.1 | -15.8 | -12.9 | -11.7 |
Lease Payments | -20.8 | -23.6 | -16.1 | -15.8 | -12.9 | -11.7 |
Total Debt Repaid | -14,747 | -9,220 | -1,861 | -1,550 | -962.9 | -11.7 |
Net Debt Issued (Repaid) | -194.7 | 330.2 | 658.2 | 284.6 | 257.1 | -11.7 |
Issuance of Common Stock | 25.9 | 76.2 | 236.5 | 78.5 | 25.2 | 153 |
Repurchase of Common Stock | -295.5 | -333.6 | -499.3 | -67 | -569.4 | -386 |
Common Dividends Paid | -1,185 | -1,092 | -1,018 | -959.2 | -861 | -724.6 |
Other Financing Activities | -53.3 | -49.7 | -30.5 | -13.6 | -10 | -8.7 |
Financing Cash Flow | -1,702 | -1,069 | -653.1 | -676.7 | -1,158 | -978 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 | 2.3 | -15.7 | 6.1 | -14.1 | 33.5 | -18.9 |
Net Cash Flow | -100.5 | 39.9 | 7.9 | -498.5 | -131.2 | -316.9 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 | 1,929 | 1,507 | 819.6 | 541.1 | 1,003 | 667.5 |
Free Cash Flow Growth | 176.18% | 83.81% | 51.47% | -46.05% | 50.26% | -41.22% |
Free Cash Flow Margin | 78.24% | 58.97% | 38.63% | 27.87% | 53.77% | 25.50% |
Free Cash Flow Per Share | 74.64 | 57.89 | 31.31 | 20.79 | 39.01 | 25.14 |
Levered Free Cash Flow | 1,683 | 1,344 | 403.55 | -46.89 | 739.88 | 382.24 |
Unlevered Free Cash Flow | 1,713 | 1,372 | 421.05 | -38.83 | 744.31 | 387.8 |
Free Cash Flow After Leases | 1,908 | 1,483 | 803.5 | 525.3 | 990.1 | 655.8 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 | 44.8 | 41.2 | 25.3 | 9 | 5.6 | 8.7 |
Cash Income Tax Paid | 252.2 | 207.7 | 181.5 | 215.6 | 183.7 | 205.5 |
Change in Working Capital | 528.9 | -91.5 | -233 | -517.7 | 36.3 | -921.7 |