Vector Group Ltd. (VGR)

Vector Group Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net Income	199.67	183.53	158.7	219.46	92.94	100.97
Depreciation & Amortization	6.78	6.94	7.22	16.33	17.63	17.85
Loss (Gain) From Sale of Assets	-	-	-	-0.72	-1.11	-0.04
Asset Writedown & Restructuring Costs	-	-	-	-	59.47	-
Loss (Gain) From Sale of Investments	-3.41	-2.59	7.98	-9.65	-1.82	-7.44
Loss (Gain) on Equity Investments	9.46	0.78	14.37	12.68	-9.64	9.32
Stock-Based Compensation	12.48	10.11	7.85	14.8	9.48	9.47
Provision & Write-off of Bad Debts	-	-	-	3.33	14.29	-
Other Operating Activities	5.28	12.13	22.69	49.93	77.84	32.87
Change in Accounts Receivable	4.31	13.83	-24.8	-9.63	-8.37	-7.95
Change in Inventory	-6.42	0.49	2.17	2.93	1.22	-7.77
Change in Accounts Payable	4.61	-5.36	-8.32	0.2	3.24	-3.98
Change in Other Net Operating Assets	-25.69	-9.87	-6.53	-44.44	12.39	-21.92
Operating Cash Flow	207.09	209.98	181.32	255.22	267.55	124.07
Operating Cash Flow Growth	9.96%	15.81%	-28.96%	-4.61%	115.64%	-31.77%

Investing Activities

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Capital Expenditures	-6.15	-10.56	-9.96	-13.51	-19.06	-12.58
Sale of Property, Plant & Equipment	0	0	-	0.02	5.16	0.02
Cash Acquisitions	-	-	-	-0.5	2.04	-0.38
Sale (Purchase) of Real Estate	-	-	-	-	-	-2.3
Investment in Securities	-18.95	-2.86	7.4	-46.76	19.41	-8.14
Other Investing Activities	-1.4	-1.19	-1.17	-1.22	-0.21	0.28
Investing Cash Flow	-26.5	-14.6	-3.73	-61.97	7.34	-23.1

Financing Activities

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Long-Term Debt Issued	-	87.58	112.56	902.89	130.74	473.69
Long-Term Debt Repaid	-	-133.29	-102.8	-890.84	-340.68	-532.95
Net Debt Issued (Repaid)	-15.28	-45.71	9.76	12.05	-209.94	-59.26
Issuance of Common Stock	-	-	-	-	52.56	-
Repurchase of Common Stock	-3.88	-3.71	-2.62	-13.15	-2.63	-5.42
Common Dividends Paid	-126.49	-126.23	-128.26	-131.8	-128.23	-238.25
Other Financing Activities	-	-	-0.94	-231.19	-0.45	-10.3
Financing Cash Flow	-145.65	-175.65	-122.06	-364.08	-288.69	-313.23

Net Cash Flow

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net Cash Flow	34.93	19.73	55.53	-170.83	-13.8	-212.25

Free Cash Flow

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Free Cash Flow	200.93	199.43	171.36	241.71	248.48	111.5
Free Cash Flow Growth	15.82%	16.38%	-29.11%	-2.73%	122.86%	-32.08%
Free Cash Flow Margin	21.09%	21.26%	18.62%	30.75%	32.39%	16.68%
Free Cash Flow Per Share	1.31	1.30	1.12	1.58	1.65	0.76
Levered Free Cash Flow	185.12	167.02	116.38	166.16	69.98	58.8
Unlevered Free Cash Flow	252.65	234.9	185.54	236.62	145.78	144.77

Additional Metrics

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash Interest Paid	109.45	109.45	112.76	111.76	118.81	118.97
Cash Income Tax Paid	50.19	50.19	42.43	92.7	41.37	44.18
Change in Working Capital	-23.18	-0.92	-37.49	-50.94	8.47	-41.62

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2024

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 13, 2025

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