YPF Sociedad Anónima (YPF)
NYSE: YPF · Real-Time Price · USD
37.36
+0.08 (0.21%)
At close: Nov 11, 2026, 4:00 PM EST
37.48
+0.12 (0.32%)
Pre-market: Nov 12, 2026, 7:15 AM EST
YPF Sociedad Anónima Cash Flow Statement
Financials in millions ARS. Fiscal year is January - December.
Millions ARS. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 3,194,759 | -1,087,721 | 2,077,482 | -1,561,217 | 289,057 | 257 |
Depreciation & Amortization | 4,650,241 | 3,990,466 | 2,550,114 | 988,615 | 372,571 | 291,719 |
Loss (Gain) From Sale of Assets | -318,346 | -270,521 | 266,193 | - | - | -5,549 |
Asset Writedown & Restructuring Costs | 789,105 | 881,128 | 668,078 | 1,724,872 | 66,526 | 43,527 |
Loss (Gain) on Equity Investments | -520,435 | -149,044 | -358,335 | 30,909 | -58,082 | -26,977 |
Stock-Based Compensation | 38,135 | 18,875 | 6,776 | 1,191 | 1,048 | 342 |
Other Operating Activities | 5,653,137 | 4,437,043 | 143,190 | 428,988 | 65,294 | 147,712 |
Change in Accounts Receivable | -531,855 | -359,757 | -589,756 | -108,248 | -51,028 | 9,487 |
Change in Inventory | -39,363 | 127,269 | 118,165 | 38,579 | -20,006 | -27,560 |
Change in Accounts Payable | -6,777 | -366,577 | 671,317 | 317,492 | 85,504 | 148 |
Change in Unearned Revenue | 154,312 | 152,558 | 95,882 | 17,861 | -3,622 | 6,864 |
Change in Income Taxes | 311,325 | 57,632 | 105,230 | 21,729 | 6,637 | -3,639 |
Change in Other Net Operating Assets | -391,160 | -950,311 | -155,188 | -126,572 | -17,239 | -36,317 |
Operating Cash Flow | 12,983,078 | 6,481,040 | 5,599,148 | 1,774,199 | 736,660 | 400,014 |
Operating Cash Flow Growth | 136.44% | 15.75% | 215.59% | 140.84% | 84.16% | 91.20% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -7,610,326 | -6,439,153 | -5,385,720 | -1,590,926 | -532,128 | -234,801 |
Sale of Property, Plant & Equipment | 1,307,518 | 292,557 | 136,998 | 4,329 | 1,040 | 4,500 |
Cash Acquisitions | -25,571 | -981,669 | - | - | - | - |
Investment in Securities | -2,315,974 | 63,459 | -9,194 | 38,731 | -3,041 | -17,385 |
Other Investing Activities | 5,334 | 5,122 | 28,879 | 25,640 | 11,105 | 3,694 |
Investing Cash Flow | -8,639,019 | -7,059,684 | -5,229,037 | -1,522,226 | -523,024 | -243,992 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | 4,719 | - | 32,602 | 11,693 | 794 |
Long-Term Debt Issued | - | 5,427,949 | 2,668,015 | 745,594 | 49,265 | 91,512 |
Total Debt Issued | 4,811,244 | 5,432,668 | 2,668,015 | 778,196 | 60,958 | 92,306 |
Short-Term Debt Repaid | - | - | -45,095 | - | - | - |
Long-Term Debt Repaid | - | -4,056,850 | -2,268,399 | -528,546 | -139,477 | -184,428 |
Lease Payments | -544,916 | -501,810 | -360,180 | -106,401 | -44,960 | -28,526 |
Total Debt Repaid | -5,846,470 | -4,056,850 | -2,313,494 | -528,546 | -139,477 | -184,428 |
Net Debt Issued (Repaid) | -1,035,226 | 1,375,818 | 354,521 | 249,650 | -78,519 | -92,122 |
Repurchase of Common Stock | -52,500 | -14,032 | - | - | -4,243 | - |
Other Financing Activities | -1,283,856 | -835,002 | -648,180 | -216,486 | -74,342 | -58,537 |
Financing Cash Flow | -2,371,582 | 526,784 | -293,659 | 33,164 | -157,104 | -150,659 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | 96,303 | 252,695 | 169,460 | 483,945 | 17,664 | 2,697 |
Miscellaneous Cash Flow Adjustments | -162,489 | - | - | - | - | - |
Net Cash Flow | 1,906,291 | 200,835 | 245,912 | 769,082 | 74,196 | 8,060 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 5,372,752 | 41,887 | 213,428 | 183,273 | 204,532 | 165,213 |
Free Cash Flow Growth | - | -80.37% | 16.45% | -10.39% | 23.80% | 74.64% |
Free Cash Flow Margin | 16.41% | 0.18% | 1.19% | 3.34% | 8.10% | 12.56% |
Free Cash Flow Per Share | 1371.90 | 10.69 | 54.43 | 46.79 | 52.08 | 42.06 |
Levered Free Cash Flow | 841,808 | -3,300,129 | -911,910 | -501,598 | -84,131 | 42,410 |
Unlevered Free Cash Flow | 1,516,319 | -2,770,473 | -531,304 | -359,670 | -27,787 | 87,329 |
Free Cash Flow After Leases | 4,827,836 | -459,923 | -146,752 | 76,872 | 159,572 | 136,687 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 1,253,279 | 835,002 | 648,180 | 216,486 | 74,342 | 58,537 |
Cash Income Tax Paid | 87,281 | 191,474 | 26,119 | 5,289 | 43,707 | 515 |
Change in Working Capital | -503,518 | -1,339,186 | 245,650 | 160,841 | 246 | -51,017 |