Adecoagro S.A. (AGRO)

Adecoagro Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-6.76	92.1	226.72	108.61	130.72
Depreciation & Amortization	271.47	304.02	274.1	254.38	218.13
Stock-Based Compensation	11.9	6.68	8.58	10.23	6.41
Other Adjustments	59.11	104.97	-3.71	83.64	155.25
Change in Receivables	-57.22	-68.3	3.68	-60.75	-40.45
Changes in Inventories	43.62	3.09	-12.41	45.44	-102.82
Changes in Accounts Payable	-3.05	-100.35	-43.93	-64.5	-1.5
Changes in Accrued Expenses	2.14	4.09	15.67	7.68	4.87
Changes in Other Operating Activities	-12.68	-17.99	-33.81	-14.69	-21.95
Operating Cash Flow	308.52	328.33	434.91	370.03	348.66
Operating Cash Flow Growth	-6.03%	-24.50%	17.53%	6.13%	35.60%
Capital Expenditures	-264.12	-260.21	-241.62	-217.78	-199.3
Sale of Property, Plant & Equipment	4.67	2.33	4.09	2.77	2.95
Purchases of Intangible Assets	-2.04	-1.19	-1.29	-3.35	-1.93
Purchases of Investments	-313	-47.89	-106.9	-98.01	-
Proceeds from Sale of Investments	295.58	62.4	142.51	-	-
Payments for Business Acquisitions	-676.02	-16.18	-3.19	1.12	-
Proceeds from Business Divestments	-	-	-	10	10.01
Other Investing Activities	31.98	29.18	94.85	5.98	13.05
Investing Cash Flow	-922.94	-231.57	-111.55	-299.26	-175.22
Short-Term Debt Issued	279.9	169.9	448.53	347.93	286.12
Short-Term Debt Repaid	-256.34	-239.95	-420.28	-192.65	-328.46
Net Short-Term Debt Issued (Repaid)	23.56	-70.05	28.26	155.28	-42.35
Long-Term Debt Issued	870.61	126.76	7.74	41.08	30.97
Long-Term Debt Repaid	-213.94	-105.75	-24.11	-14.01	-108.43
Net Long-Term Debt Issued (Repaid)	656.67	21.01	-16.37	27.07	-77.45
Issuance of Common Stock	303.73	0.1	0.21	2.12	-
Repurchase of Common Stock	-10.21	-66.89	-26.24	-36.84	-66.46
Net Common Stock Issued (Repurchased)	293.52	-66.79	-26.03	-34.72	-66.46
Common Dividends Paid	-35	-35	-35	-35	-
Other Financing Activities	-152.98	-123.17	-159.61	-136.2	-116.87
Financing Cash Flow	785.77	-274	-208.74	-23.57	-303.13
Effect of Exchange Rate Changes on Cash and Cash Equivalents	0.56	48.7	-5.48	-16.3	-6.82
Net Cash Flow	171.35	-177.23	114.61	47.19	-129.69
Free Cash Flow	44.4	68.12	193.28	152.25	149.37
Free Cash Flow Growth	-34.82%	-64.76%	26.95%	1.93%	68.59%
FCF Margin	3.11%	4.48%	14.88%	11.30%	13.28%
Free Cash Flow Per Share	0.43	0.66	1.80	1.38	1.29
Levered Free Cash Flow	709.25	-24.03	196.19	301.01	-91.69
Unlevered Free Cash Flow	134.04	-181.27	261.81	309.71	105.64

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

SEC Filings: 10-K · 10-Q