ADT Inc. 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	596	501.05	463.01	132.66	-340.82
Depreciation & Amortization	1,367	1,345	1,389	1,694	1,915
Other Amortization	253	224.65	195.79	162.98	126.09
Loss (Gain) From Sale of Assets	-	9.56	-649.1	-10.07	-
Asset Writedown & Restructuring Costs	15	24.31	528.56	206.13	19.16
Loss (Gain) From Sale of Investments	71	45.16	38.5	-301.85	-157.51
Stock-Based Compensation	55	48.61	51.14	66.57	61.24
Provision & Write-off of Bad Debts	202	214.8	151.07	113.87	38.21
Other Operating Activities	-125	-235.91	-66.66	-26.64	-125.4
Change in Accounts Receivable	-	-146.13	-107.46	-178.26	-50.21
Change in Inventory	-	25.07	24.73	-67.39	-84.02
Change in Accounts Payable	-	-109.33	-111.53	8.66	98.12
Change in Unearned Revenue	225	252.27	289.53	329.21	276.84
Change in Other Net Operating Assets	-775	-313.91	-538.52	-241.53	-126.76
Operating Cash Flow	1,884	1,885	1,658	1,888	1,650
Operating Cash Flow Growth	-0.05%	13.70%	-12.19%	14.44%	20.70%
Capital Expenditures	-572	-686.95	-806.89	-911.3	-862.92
Cash Acquisitions	-	-	-	-	-163.5
Divestitures	51	-17.51	1,609	26.75	1.81
Sale (Purchase) of Intangibles	-596	-585.81	-588.64	-621.7	-675.12
Other Investing Activities	-1	-5.16	28.67	-26.54	3.99
Investing Cash Flow	-1,118	-1,295	242.49	-1,533	-1,696
Long-Term Debt Issued	3,221	1,297	1,149	927.66	1,449
Long-Term Debt Repaid	-3,354	-1,479	-3,215	-771.1	-1,382
Net Debt Issued (Repaid)	-133	-181.16	-2,066	156.57	67.74
Issuance of Common Stock	-	-	-	1,180	-
Repurchase of Common Stock	-607	-240.56	-	-1,200	-
Common Dividends Paid	-187	-182.27	-128.59	-127.13	-116.35
Other Financing Activities	65	88.63	50.58	-24.27	-79.84
Financing Cash Flow	-862	-515.36	-2,144	-14.83	-128.45
Miscellaneous Cash Flow Adjustments	1	-	-	-	-
Net Cash Flow	-95	74.12	-243.63	340.3	-174.47
Free Cash Flow	1,312	1,198	850.84	976.62	786.8
Free Cash Flow Growth	9.52%	40.80%	-12.88%	24.13%	-0.56%
Free Cash Flow Margin	25.58%	24.46%	18.29%	22.29%	18.72%
Free Cash Flow Per Share	1.46	1.24	0.87	1.01	0.95
Cash Income Tax Paid	-	21.7	60.3	22.65	1.88
Levered Free Cash Flow	626.08	789.02	460.87	537.6	446.32
Unlevered Free Cash Flow	912.96	1,076	827.39	702.02	731.83
Change in Working Capital	-550	-292.03	-443.25	-149.31	113.97

Updated Mar 2, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q