Bausch Health Companies Inc. (TSX:BHC)
Canada · Delayed Price · Currency is CAD 11.94
-0.47 (-3.79%)
Oct 30, 2026, 2:15 PM EDT
Bausch Health Companies Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. 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 | -841 | 157 | -46 | -592 | -225 | -948 |
Depreciation & Amortization | 1,150 | 1,208 | 1,267 | 1,264 | 1,394 | 1,552 |
Other Amortization | 68 | 94 | 55 | 65 | 99 | 55 |
Loss (Gain) From Sale of Assets | -4 | -6 | -10 | -3 | -5 | 86 |
Asset Writedown & Restructuring Costs | 1,591 | 153 | 29 | 547 | 839 | 615 |
Stock-Based Compensation | 242 | 216 | 150 | 132 | 126 | 128 |
Provision & Write-off of Bad Debts | 78 | 71 | 62 | 56 | 51 | 60 |
Other Operating Activities | 224 | -274 | 83 | 145 | -2,611 | 6 |
Change in Accounts Receivable | -131 | -134 | -216 | -195 | -57 | -229 |
Change in Inventory | -36 | -12 | -267 | -322 | -198 | -16 |
Change in Accounts Payable | -161 | -76 | 357 | 158 | -75 | 121 |
Change in Other Net Operating Assets | 29 | 3 | 133 | -223 | -66 | -4 |
Operating Cash Flow | 2,209 | 1,400 | 1,597 | 1,032 | -728 | 1,426 |
Operating Cash Flow Growth | 46.68% | -12.34% | 54.75% | - | - | 28.35% |
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 | -344 | -397 | -337 | -215 | -218 | -269 |
Sale of Property, Plant & Equipment | 4 | 7 | 7 | 5 | 5 | 669 |
Cash Acquisitions | -225 | -204 | -136 | -1,890 | -45 | - |
Sale (Purchase) of Intangibles | -38 | -10 | -3 | -57 | -50 | -14 |
Investment in Securities | -3 | -3 | 2 | -1 | 5 | -4 |
Other Investing Activities | 9 | 12 | 13 | 13 | - | 27 |
Investing Cash Flow | -597 | -595 | -454 | -2,145 | -303 | 409 |
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 | - | 10,554 | 661 | 3,291 | 6,836 | 2,100 |
Total Debt Issued | 3,063 | 10,554 | 661 | 3,291 | 6,836 | 2,100 |
Long-Term Debt Repaid | - | -11,191 | -1,460 | -1,710 | -7,846 | -3,440 |
Total Debt Repaid | -3,434 | -11,191 | -1,460 | -1,710 | -7,846 | -3,440 |
Net Debt Issued (Repaid) | -371 | -637 | -799 | 1,581 | -1,010 | -1,340 |
Repurchase of Common Stock | -43 | -24 | -26 | -24 | -31 | -52 |
Other Financing Activities | -50 | -81 | -43 | -82 | 567 | -121 |
Financing Cash Flow | -464 | -742 | -868 | 1,475 | -474 | -1,513 |
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 | - | 61 | -36 | 9 | -23 | -19 |
Net Cash Flow | 1,148 | 124 | 239 | 371 | -1,528 | 303 |
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 | 1,865 | 1,003 | 1,260 | 817 | -946 | 1,157 |
Free Cash Flow Growth | 70.32% | -20.40% | 54.22% | - | - | 43.02% |
Free Cash Flow Margin | 16.78% | 9.77% | 13.09% | 9.33% | -11.64% | 13.72% |
Free Cash Flow Per Share | 4.99 | 2.67 | 3.42 | 2.24 | -2.61 | 3.22 |
Levered Free Cash Flow | 1,641 | 1,087 | 1,721 | 738.13 | 1,017 | 1,627 |
Unlevered Free Cash Flow | 2,568 | 1,995 | 2,533 | 1,503 | 1,833 | 2,464 |
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 | 1,810 | 1,810 | 1,674 | 1,533 | 1,540 | 1,419 |
Cash Income Tax Paid | 163 | 163 | 61 | 237 | 266 | 240 |
Change in Working Capital | -299 | -219 | 7 | -582 | -396 | -128 |