First Quantum Minerals Ltd. (TSX:FM)
Canada · Delayed Price · Currency is CAD 34.30
-0.80 (-2.29%)
Nov 10, 2026, 9:45 AM EST
First Quantum Minerals 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 | 172 | -28 | 2 | -954 | 1,034 | 832 |
Depreciation & Amortization | 855 | 697 | 666 | 1,160 | 1,244 | 1,152 |
Asset Writedown & Restructuring Costs | -23 | -23 | 75 | 900 | - | 44 |
Loss (Gain) on Equity Investments | 89 | 93 | 85 | 18 | -44 | -75 |
Stock-Based Compensation | 55 | 58 | 54 | -101 | -82 | -61 |
Other Operating Activities | 202 | 1,770 | 999 | 296 | 396 | 1,011 |
Change in Accounts Receivable | 3 | -477 | 50 | 277 | -111 | -31 |
Change in Inventory | -66 | -40 | -5 | -147 | -144 | -24 |
Change in Accounts Payable | 98 | 32 | -275 | -22 | 39 | 37 |
Operating Cash Flow | 1,114 | 2,082 | 1,651 | 1,427 | 2,332 | 2,885 |
Operating Cash Flow Growth | -58.76% | 26.11% | 15.70% | -38.81% | -19.17% | 78.86% |
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 | -1,240 | -1,224 | -1,340 | -1,326 | -1,191 | -999 |
Cash Acquisitions | - | - | - | -105 | - | - |
Divestitures | 212 | - | - | - | - | - |
Investment in Securities | - | - | - | - | - | -100 |
Other Investing Activities | 39 | 23 | 46 | 51 | 21 | 1 |
Investing Cash Flow | -989 | -1,201 | -1,294 | -1,380 | -1,170 | -1,098 |
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 | - | 169 | - | 24 | 89 | - |
Long-Term Debt Issued | - | 2,566 | 2,967 | 2,759 | 2,532 | 3,204 |
Total Debt Issued | 3,059 | 2,735 | 2,967 | 2,783 | 2,621 | 3,204 |
Short-Term Debt Repaid | - | - | -28 | - | - | -280 |
Long-Term Debt Repaid | - | -3,301 | -4,004 | -2,909 | -3,209 | -3,442 |
Total Debt Repaid | -2,789 | -3,301 | -4,032 | -2,909 | -3,209 | -3,722 |
Net Debt Issued (Repaid) | 270 | -566 | -1,065 | -126 | -588 | -518 |
Issuance of Common Stock | - | - | 1,103 | - | - | - |
Common Dividends Paid | - | - | - | -93 | -75 | -5 |
Other Financing Activities | -568 | -481 | -539 | -557 | -668 | -318 |
Financing Cash Flow | -298 | -1,047 | -501 | -776 | -1,331 | -841 |
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 | -3 | 1 | -3 | - | -2 | -1 |
Miscellaneous Cash Flow Adjustments | -3 | -3 | - | - | - | - |
Net Cash Flow | -179 | -168 | -147 | -729 | -171 | 945 |
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 | -126 | 858 | 311 | 101 | 1,141 | 1,886 |
Free Cash Flow Growth | - | 175.88% | 207.92% | -91.15% | -39.50% | 88.04% |
Free Cash Flow Margin | -1.94% | 16.38% | 6.48% | 1.56% | 14.96% | 26.15% |
Free Cash Flow Per Share | -0.15 | 1.03 | 0.38 | 0.15 | 1.65 | 2.73 |
Levered Free Cash Flow | -47.13 | -95.75 | -458.75 | 286.25 | 397.75 | 1,198 |
Unlevered Free Cash Flow | 277.25 | 218.63 | -111.25 | 629.38 | 762.75 | 1,604 |
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 | 473 | 436 | 519 | 527 | 448 | 521 |
Cash Income Tax Paid | 558 | 378 | 128 | 625 | 548 | 455 |
Change in Working Capital | 35 | -485 | -230 | 108 | -216 | -18 |