Fortinet, Inc. (FTNT)

Hess Corporation Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	1,879	1,745	1,148	857.3	606.8	488.5
Depreciation & Amortization	130	122.8	113.4	104.3	84.4	68.8
Other Amortization	299.7	293.7	266.3	223.3	175.9	137.4
Loss (Gain) From Sale of Investments	-46.9	-48.8	-27.7	4.4	6.9	1.3
Loss (Gain) on Equity Investments	29.4	29.4	42.1	68.1	7.6	-
Stock-Based Compensation	261.7	257.9	249	217.3	207.9	191.7
Other Operating Activities	-166.9	-121.5	18.5	22.9	7.8	6
Change in Accounts Receivable	-147.1	-45.4	-146.4	-456.7	-72.5	-176.4
Change in Inventory	60.6	131.2	-253.5	-109.1	-19.4	-42.2
Change in Accounts Payable	76	-10.2	-43.1	105.2	-13.1	37.4
Change in Unearned Revenue	580	577.8	1,095	1,178	839.4	495.6
Change in Other Net Operating Assets	-485.5	-450.8	-224.3	-257.5	-238	-113.9
Operating Cash Flow	2,291	2,258	1,936	1,731	1,500	1,084
Operating Cash Flow Growth	9.70%	16.67%	11.84%	15.40%	38.39%	34.12%
Capital Expenditures	-223.5	-378.9	-204.1	-281.2	-295.9	-125.9
Cash Acquisitions	-281	-275.5	-	-30.8	-74.9	-40.2
Investment in Securities	-63.7	-73.1	-445.5	1,076	-954.7	92
Other Investing Activities	0.3	0.1	0.3	-	0.4	1.3
Investing Cash Flow	-567.9	-727.4	-649.3	763.9	-1,325	-72.8
Long-Term Debt Issued	-	-	-	-	989.4	-
Long-Term Debt Repaid	-	-	-	-	-19.5	-4.1
Net Debt Issued (Repaid)	-	-	-	-	969.9	-4.1
Issuance of Common Stock	69.9	63.1	43.8	26.1	26	22.1
Repurchase of Common Stock	-111.5	-101.5	-1,613	-2,152	-909.7	-1,188
Other Financing Activities	-10.9	-11.7	-1.2	-4.8	-3.4	-1.3
Financing Cash Flow	-52.5	-50.1	-1,570	-2,130	82.8	-1,172
Foreign Exchange Rate Adjustments	-0.3	-2.6	-0.8	-0.4	-0.1	-
Net Cash Flow	1,670	1,478	-285	363.8	257.3	-160.7
Free Cash Flow	2,068	1,879	1,731	1,449	1,204	957.8
Free Cash Flow Growth	22.14%	8.54%	19.46%	20.40%	25.68%	33.81%
Free Cash Flow Margin	33.66%	31.55%	32.64%	32.81%	36.02%	36.92%
Free Cash Flow Per Share	2.67	2.44	2.20	1.80	1.44	1.14
Cash Income Tax Paid	574.6	578.9	426.3	260.2	127.4	39.7
Levered Free Cash Flow	1,965	1,835	1,439	1,061	905.51	751.75
Unlevered Free Cash Flow	1,977	1,847	1,452	1,072	914.83	751.75
Change in Net Working Capital	-303.2	-425.3	-251.9	-202.9	-335.6	-170.4

Updated May 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q