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Cardinal Infrastructure Group Inc. (CDNL)
NASDAQ: CDNL · Real-Time Price · USD
56.38
-3.87 (-6.42%)
Jul 29, 2026, 12:15 PM EDT - Market open

CDNL Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
FY 2025FY 2024FY 2023
Period Ending
Dec '25 Dec '24 Dec '23
Net Income
31.0928.324.3
Depreciation & Amortization
32.3718.7513.18
Stock-Based Compensation
5.87--
Other Adjustments
0.12-0.09-0.31
Change in Receivables
-12.77-4.21-6.38
Changes in Accounts Payable
21.14-32.43
Changes in Accrued Expenses
1.77-0.65-0.68
Changes in Unearned Revenue
-5.481.691.18
Changes in Other Operating Activities
-36.221.84-2.84
Operating Cash Flow
37.942.6330.88
Operating Cash Flow Growth
-11.09%38.03%-

Investing Activities

Fiscal Year
FY 2025FY 2024FY 2023
Period Ending
Dec '25 Dec '24 Dec '23
Capital Expenditures
-43.82-20.75-12.27
Sale of Property, Plant & Equipment
0.450.30.8
Purchases of Investments
--0.52-
Cash Acquisitions
-59.4--10.89
Other Investing Activities
1.26--
Investing Cash Flow
-101.5-20.97-22.36

Financing Activities

Fiscal Year
FY 2025FY 2024FY 2023
Period Ending
Dec '25 Dec '24 Dec '23
Short-Term Debt Issued
26.7--
Short-Term Debt Repaid
-26.7--
Long-Term Debt Issued
166.4863.9417.53
Long-Term Debt Repaid
-95.17-58.91-11.06
Net Long-Term Debt Issued (Repaid)
71.315.036.47
Issuance of Common Stock
258.29--
Repurchase of Common Stock
-157.5--
Net Common Stock Issued (Repurchased)
100.79--
Common Dividends Paid
-23.43-12.99-9.16
Other Financing Activities
-8.84--
Financing Cash Flow
139.83-7.96-2.69

Net Cash Flow

Fiscal Year
FY 2025FY 2024FY 2023
Period Ending
Dec '25 Dec '24 Dec '23
Net Cash Flow
76.2313.75.83

Free Cash Flow

Fiscal Year
FY 2025FY 2024FY 2023
Period Ending
Dec '25 Dec '24 Dec '23
Free Cash Flow
-5.9121.8718.62
Free Cash Flow Growth
-17.51%-
FCF Margin
-1.30%6.94%7.51%
Free Cash Flow Per Share
-0.40--
Levered Free Cash Flow
63.7724.2628.05
Unlevered Free Cash Flow
7.7832.1730.54
SEC Filings: 10-K · 10-Q