Element Fleet Management Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	279.13	387.14	345.6	301.89	281.67
Depreciation & Amortization	715.47	655.92	602.5	478.86	462.9
Stock-Based Compensation	3.11	1.61	-	-	0.18
Other Adjustments	55.31	4.13	3	6.22	-7.45
Changes in Other Operating Activities	-1,203	-1,156	-1,922	-617.74	1,250
Operating Cash Flow	-149.95	-107.16	-970.88	169.23	1,988
Operating Cash Flow Growth	-	-	-	-91.49%	-9.14%
Capital Expenditures	-18.08	-13.66	-16.7	-2.85	-4.78
Sale of Property, Plant & Equipment	1.75	0.56	0.67	1.42	0.6
Purchases of Intangible Assets	-54.32	-63.35	-59.35	-47.9	-63.48
Payments for Business Acquisitions	-73.63	-81.36	-	-	-
Other Investing Activities	-57.98	-28.51	67.15	-3.42	-11.6
Investing Cash Flow	-139.24	-157.85	-74.9	-48.35	-68
Short-Term Debt Issued	864.79	-484.35	-	-	-
Net Short-Term Debt Issued (Repaid)	864.79	-484.35	-	-	-
Long-Term Debt Issued	1,150	1,834	2,719	276.6	497.46
Long-Term Debt Repaid	-1,150	-504.63	-1,406	83.84	-1,857
Net Long-Term Debt Issued (Repaid)	-0.45	1,330	1,313	360.44	-1,360
Issuance of Common Stock	0.04	2.48	-22.15	10.49	30.36
Repurchase of Common Stock	-119.96	-10.85	-54.58	-144.57	-421.18
Net Common Stock Issued (Repurchased)	-119.91	-8.37	-76.73	-134.07	-390.82
Repurchase of Preferred Stock	-	-185.82	-85.75	-110.54	-
Net Preferred Stock Issued (Repurchased)	-	-185.82	-85.75	-110.54	-
Common Dividends Paid	-149.4	-146.75	-133.52	-111.94	-113.59
Other Financing Activities	-21.03	-21.22	-29.27	-5.08	-15.45
Financing Cash Flow	510.99	454.83	1,054	-5.6	-1,891
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-191.42	-157.39	37.03	-97.88	0.44
Net Cash Flow	30.37	32.43	45.57	17.4	28.86
Free Cash Flow	-168.03	-120.82	-987.58	166.38	1,983
Free Cash Flow Growth	-	-	-	-91.61%	-8.88%
FCF Margin	-7.24%	-5.48%	-51.66%	11.52%	150.74%
Free Cash Flow Per Share	-0.42	-0.30	-2.53	0.40	4.51
Levered Free Cash Flow	637.9	718.91	322.32	520.59	630.03
Unlevered Free Cash Flow	-68.78	9.08	-863.51	271.98	2,095

Updated Dec 31, 2025. Data Source: Fiscal.ai. standard template. Financial Sources.