Definity Financial Corporation (TSX:DFY)
Canada · Delayed Price · Currency is CAD 73.76
-1.01 (-1.35%)
Nov 13, 2026, 4:00 PM EST
Definity Financial Cash Flow Statement
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. 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 | 241.9 | 418.2 | 430.4 | 350.1 | 110.9 | 213.2 |
Depreciation & Amortization | 83.6 | 53.8 | 47.8 | 35.6 | 73 | 11.1 |
Other Amortization | 82.7 | 82.7 | 77.5 | 70.3 | - | 43.4 |
Gain (Loss) on Sale of Assets | - | -5.9 | - | - | - | - |
Gain (Loss) on Sale of Investments | 73.8 | -183.8 | -243.4 | -170.2 | 454.5 | - |
Stock-Based Compensation | 30.8 | 30.8 | 23.1 | 20.5 | 20.9 | - |
Reinsurance Recoverable | -43.1 | -20.5 | -15.8 | -25.3 | -66.7 | - |
Change in Accounts Payable | -109.4 | -5.6 | -25.6 | -15 | 0.3 | - |
Change in Insurance Reserves / Liabilities | 323.7 | 198.4 | 109.5 | -83.9 | -91.2 | - |
Change in Other Net Operating Assets | -21 | -34.5 | -2.6 | -14.7 | -9.4 | - |
Other Operating Activities | -148.3 | -17.4 | -95.4 | 184.3 | -180.1 | 387.5 |
Operating Cash Flow | 513.1 | 512.6 | 307.2 | 351.8 | 305.8 | 655.2 |
Operating Cash Flow Growth | 7.05% | 66.86% | -12.68% | 15.04% | -53.33% | 33.66% |
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 | -114.4 | -99.6 | -75.6 | -87.5 | -90.8 | - |
Sale of Property, Plant & Equipment | - | 22.1 | - | - | - | - |
Cash Acquisitions | -3,011 | -150.8 | -158.7 | -409.3 | -242 | - |
Investment in Securities | 2,204 | -1,443 | -65.7 | 151.5 | -54.2 | -1,008 |
Other Investing Activities | 50.7 | - | - | - | - | -49.4 |
Investing Cash Flow | -870.1 | -1,658 | -298 | -351.9 | -374.7 | -1,044 |
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 |
Short-Term Debt Issued | - | - | 110.1 | - | - | - |
Long-Term Debt Issued | - | 996.3 | - | 114.3 | - | - |
Total Debt Issued | 1,570 | 996.3 | 110.1 | 114.3 | - | - |
Total Debt Repaid | -1,181 | -110.1 | - | -39.1 | -1 | - |
Net Debt Issued (Repaid) | 389.1 | 886.2 | 110.1 | 75.2 | -1 | - |
Issuance of Common Stock | 17.5 | 389 | - | - | - | 2,286 |
Repurchases of Common Stock | -24.5 | -12.2 | -68.3 | -13.9 | -53.6 | - |
Common Dividends Paid | -99.9 | -88.5 | -73.7 | -63.2 | -63.3 | -1,909 |
Other Financing Activities | -20 | -9.8 | -81.9 | -59.1 | 191.3 | - |
Financing Cash Flow | 262.2 | 1,165 | -113.8 | -61 | 73.4 | 376.8 |
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 |
Net Cash Flow | -94.8 | 19 | -104.6 | -61.1 | 4.5 | -12.2 |
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 | 398.7 | 413 | 231.6 | 264.3 | 215 | 655.2 |
Free Cash Flow Growth | 3.61% | 78.33% | -12.37% | 22.93% | -67.19% | 33.66% |
Free Cash Flow Margin | 6.25% | 8.77% | 5.37% | 6.84% | 7.05% | 22.12% |
Free Cash Flow Per Share | 3.27 | 3.47 | 1.99 | 2.27 | 1.84 | 6.22 |
Levered Free Cash Flow | 1,850 | -535.6 | 713.19 | 3,610 | -4,574 | 649.9 |
Unlevered Free Cash Flow | 1,888 | -521.29 | 719.19 | 3,613 | -4,574 | 649.9 |
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 | 60.5 | 10.6 | 9.5 | 5.3 | 0.6 | - |
Cash Income Tax Paid | 274.3 | 204.8 | 243.7 | -65.4 | 116.8 | 47.8 |
Change in Working Capital | 150.2 | 137.8 | 65.5 | -138.9 | -167 | - |