Stantec Inc. (STN)

Stantec Cash Flow Statement

Financials in millions CAD. 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	479.4	361.5	316.5	247	200.7
Depreciation & Amortization	351.7	318.6	283.6	283.5	221.8
Stock-Based Compensation	40.3	43	60.1	26	46.7
Other Adjustments	113.9	56.2	-27.9	1.8	54.2
Change in Receivables	94.8	-195.2	-102.5	-360.3	-58.3
Changes in Accounts Payable	-108.7	-59.6	-59.6	22.8	-65.8
Changes in Income Taxes Payable	-72.9	27.7	-17.6	21.1	-39.1
Changes in Unearned Revenue	-38.9	47.5	72.2	65.2	34.9
Changes in Other Operating Activities	3.3	3.4	-4.8	-2.8	1.9
Operating Cash Flow	862.9	603.1	520	304.3	397
Operating Cash Flow Growth	43.08%	15.98%	70.88%	-23.35%	-34.25%
Capital Expenditures	-71.9	-99	-100.6	-74.9	-45.8
Purchases of Intangible Assets	-	-	-	-	-4.8
Purchases of Investments	-92.5	-40	-110.4	-206.2	-61.6
Proceeds from Sale of Investments	82	73.8	72.8	244.6	47.8
Payments for Business Acquisitions	-454	-555	-75.6	-50.4	-702.5
Other Investing Activities	2.3	15.2	12.1	13.1	2.1
Investing Cash Flow	-534.1	-605	-201.7	-73.8	-764.8
Short-Term Debt Issued	-241.1	175	-455.2	65.4	544.7
Short-Term Debt Repaid	12	-7.9	-42.4	-22.6	-
Net Short-Term Debt Issued (Repaid)	-229.1	167.1	-497.6	42.8	544.7
Long-Term Debt Issued	422.8	-	348.8	-	-
Long-Term Debt Repaid	-232.2	-225.2	-152.7	-214	-186.4
Net Long-Term Debt Issued (Repaid)	190.6	-225.2	196.1	-214	-186.4
Issuance of Common Stock	-	-	277.8	18	41.2
Repurchase of Common Stock	-	-	-	-65.3	-50.7
Net Common Stock Issued (Repurchased)	-	-	277.8	-47.3	-9.5
Common Dividends Paid	-101	-94	-84.9	-78.2	-72.3
Other Financing Activities	-	-	-0.7	-	-
Financing Cash Flow	-139.5	-152.1	-109.3	-296.7	276.5
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-19.7	29.6	-4.4	27.8	-6.8
Net Cash Flow	169.6	-124.4	204.6	-38.4	-98.1
Free Cash Flow	791	504.1	419.4	229.4	351.2
Free Cash Flow Growth	56.91%	20.20%	82.83%	-34.68%	-38.67%
FCF Margin	9.71%	6.72%	6.47%	4.04%	7.67%
Free Cash Flow Per Share	6.93	4.42	3.77	2.07	3.15
Levered Free Cash Flow	503.5	542	188.2	390.7	666.9
Unlevered Free Cash Flow	605.77	670.64	557.86	612.2	331.57

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

SEC Filings: 10-K · 10-Q