Cargojet Inc. (TSX:CJT)

Cargojet Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	36.3	80.2	108.4	37.3	190.6	167.4
Depreciation & Amortization	219	207.1	189.2	221	153.7	123.7
Stock-Based Compensation	12.8	4.3	9.7	13.9	-4.1	-15.2
Other Adjustments	10.9	-11.5	-18.9	-41.1	-46.6	-17.2
Change in Receivables	-40.5	-21	16.1	-23.5	-20.6	-32.9
Changes in Inventories	-3.2	-2	0.1	0.7	-1.1	-0.7
Changes in Accounts Payable	5.3	-15.1	23.1	-14.2	17.6	5.1
Changes in Other Operating Activities	-2.7	-7.4	0.9	-2.2	-9	1
Operating Cash Flow	239.7	234.6	328.6	191.9	280.5	231.2
Operating Cash Flow Growth	-23.44%	-28.61%	71.23%	-31.59%	21.32%	-20.98%
Capital Expenditures	-268.8	-358.7	-250	-266.7	-611.2	-277.6
Sale of Property, Plant & Equipment	70	9.1	105.1	127	0.7	0.3
Payments for Business Acquisitions	-	-	-	-	-	-9.4
Other Investing Activities	-	-	2.2	12.2	-2.6	6.3
Investing Cash Flow	-221.4	-349.6	-142.7	-127.5	-613.1	-280.4
Long-Term Debt Issued	52.85	271	84.2	145.5	308.4	-
Long-Term Debt Repaid	-120	-115	-114.6	-86.3	-	-72.9
Net Long-Term Debt Issued (Repaid)	-67.15	156	-30.4	59.2	308.4	-72.9
Issuance of Common Stock	-	-	-	-	-	349.8
Repurchase of Common Stock	-55	-86.6	-127.7	-35.5	-16.7	-
Net Common Stock Issued (Repurchased)	-55	-86.6	-127.7	-35.5	-16.7	349.8
Common Dividends Paid	-27	-16	-26.7	-19.7	-18.9	-17.1
Other Financing Activities	-39.7	66.8	-31.4	-42.7	-28.8	-119.6
Financing Cash Flow	-24.1	120.2	-216.2	-38.7	244	140.2
Net Cash Flow	-5.8	5.2	-30.3	25.7	-88.6	91
Free Cash Flow	-29.1	-124.1	78.6	-74.8	-330.7	-46.4
FCF Margin	-2.92%	-12.50%	7.85%	-8.52%	-33.75%	-6.12%
Free Cash Flow Per Share	-1.92	-8.11	4.85	-4.35	-16.29	-2.64
Levered Free Cash Flow	-81.25	60.1	41.3	35.1	49	-54
Unlevered Free Cash Flow	16.35	-306.07	-130.14	-12.63	-300.21	-4.36

Updated May 4, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.