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Cardinal Infrastructure Group Inc. (CDNL)
NASDAQ: CDNL · Real-Time Price · USD
43.50
+1.25 (2.96%)
Aug 21, 2026, 4:00 PM EDT - Market closed

CDNL Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23
Net Income
18.1422.6921.3620.57
Depreciation & Amortization
38.7532.3718.6613.18
Other Amortization
0.370.10.090
Loss (Gain) From Sale of Assets
-0.1-0.160.01-0.37
Loss (Gain) on Equity Investments
0-0.09-0.10.05
Stock-Based Compensation
6.335.87--
Other Operating Activities
21.78.686.943.72
Change in Accounts Receivable
-98.86-47.02-3.79-10.98
Change in Accounts Payable
53.7421.14-32.43
Change in Unearned Revenue
-5.28-5.481.691.18
Change in Other Net Operating Assets
8.78-0.20.761.08
Operating Cash Flow
43.5737.942.6330.88
Operating Cash Flow Growth
-0.49%-11.09%38.03%-

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23
Capital Expenditures
-55.18-43.82-20.75-12.27
Sale of Property, Plant & Equipment
0.640.450.30.8
Cash Acquisitions
-173.69-59.4--10.89
Divestitures
-0-0--
Investment in Securities
---0.52-
Other Investing Activities
1.261.26--
Investing Cash Flow
-226.97-101.5-20.97-22.36

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23
Long-Term Debt Issued
-193.1863.9417.53
Long-Term Debt Repaid
--121.87-58.91-11.06
Net Debt Issued (Repaid)
115.3971.315.036.47
Issuance of Common Stock
577.3258.29--
Repurchase of Common Stock
-157.5-157.5--
Common Dividends Paid
-17.98-23.43-12.99-9.16
Other Financing Activities
-13.9-8.84--
Financing Cash Flow
503.31139.83-7.96-2.69

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23
Net Cash Flow
319.9276.2313.75.83

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23
Free Cash Flow
-11.6-5.9121.8718.62
Free Cash Flow Growth
--17.51%-
Free Cash Flow Margin
-1.75%-1.30%6.94%7.51%
Free Cash Flow Per Share
-0.57-0.40--
Levered Free Cash Flow
-44.75-20.3612.54-
Unlevered Free Cash Flow
-38.91-16.1915.47-

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23
Cash Interest Paid
10.446.544.573.99
Cash Income Tax Paid
1.691.691.35-
Change in Working Capital
-41.62-31.56-4.33-6.29
SEC Filings: 10-K · 10-Q