Brookfield Property Partners L.P. (BPYPO) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | -370M | -215M | -144M | 64M | -300M | 260M | 262M | 238M | 258M | -5M | 187M | -5M | -847M | -194M | -439M | 20M | 560M | 82M | -1.8B | 1.33B |
| Operating CF Margin % | -21.96% | -11.65% | -8.23% | 3.55% | -17.15% | 13.67% | 10.62% | 9.82% | 11.12% | -0.2% | 7.69% | -0.21% | -37.81% | -10.71% | -25% | 1.15% | 27.26% | 3.78% | -98.9% | 79.88% |
| Operating CF Growth % | -23.33% | -182.69% | -154.96% | -73.11% | -216.28% | 5300% | 40.11% | 4860% | 130.46% | 97.42% | 142.6% | -125% | -251.25% | -336.59% | 75.62% | -98.49% | -43.94% | -79.08% | -1865.69% | 185.16% |
| Net Income | -63M | -60M | -301M | -46M | -129M | 26M | -525M | -173M | -709M | -105M | -367M | -458M | -394M | -1.22B | 4M | 520M | 1.69B | 1.68B | 400M | 686M |
| Depreciation & Amortization | 69M | 78M | 64M | 65M | 63M | 72M | 117M | 113M | 116M | 111M | 112M | 105M | 111M | 69M | 68M | 68M | 82M | 85M | 87M | 68M |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | 0 | 0 | 10M | -3M | -27M | 90M | -1M | -5M | 12M | -472M | 118M | -120M | -80M | -151M | 115M | -2M | 156M | 168M | 40M | 69M |
| Other Non-Cash Items | -262M | 5M | 107M | -208M | -18M | -414M | 235M | -67M | 5M | 438M | 12M | 297M | 35M | 1.41B | -17M | -409M | -1.57B | -11M | 28M | -343M |
| Working Capital Changes | -114M | -238M | -24M | 256M | -189M | 486M | 436M | 370M | 558M | 245M | 417M | 171M | -519M | -306M | -609M | -157M | 201M | -276M | -2.04B | 1.21B |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -2.19B | 970M | 269M | 62M | -731M | -3.07B | -861M | -872M | -400M | -556M | -762M | -893M | -148M | 4.09B | 444M | 1.1B | 2.18B | 1.28B | 298M | -779M |
| Capital Expenditures | -2.62B | -638M | -43M | -46M | -31M | -119M | -87M | -97M | -100M | -146M | -174M | -139M | -70M | -54M | -28M | 185M | -310M | -59M | -34M | -36M |
| CapEx % of Revenue | 155.55% | 34.56% | 2.46% | 2.55% | 1.77% | 6.26% | 3.53% | 4% | 4.31% | 5.88% | 7.15% | 5.97% | 3.13% | 2.98% | 1.59% | 10.61% | 15.09% | 2.72% | 1.87% | 2.17% |
| Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 19M | 699M | 1.18B | 286M | -527M | -2.23B | 57M | -2.26B | 12M | -27M | -743M | -877M | -1.14B | 209M | 76M | 224M | 129M | 1.14B | 152M | -370M |
| Cash from Financing | 2.8B | -711M | -9M | -260M | 585M | 2.66B | 601M | 482M | 398M | 310M | 386M | 749M | -124M | -1.94B | -301M | -812M | -3.4B | -922M | 1.36B | 107M |
| Debt Issued (Net) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Equity Issued (Net) | 479M | 662M | 548M | -471M | 995M | 908M | 1M | 41M | 451M | 33M | 0 | 0 | 0 | -3M | 0 | -2M | 0 | -2.66B | 0 | 0 |
| Dividends Paid | -329M | -324M | -320M | -320M | -329M | -325M | -124M | -113M | -113M | -111M | -112M | -112M | -105M | -105M | -105M | -302M | -116M | -280M | -307M | -12M |
| Share Repurchases | -11M | 32M | -1M | -2M | -11M | 33M | -12M | -12M | -15M | 0 | -14M | -20M | -3M | -3M | -33M | -2M | 0 | -2.66B | -3.03B | 0 |
| Other Financing | -739M | -686M | 711M | 1.98B | 32M | -356M | 153M | 1.66B | -53M | -497M | 148M | 2.27B | 1.39B | -629M | -799M | -638M | -2B | 2.08B | 965M | -592M |
| Net Change in Cash | 160M | 35M | 126M | -116M | -389M | 460M | -653M | -172M | 232M | -225M | -212M | -148M | -1.1B | 2.02B | -180M | 267M | -668M | 438M | -164M | 667M |
| Free Cash Flow | -2.99B | -853M | -187M | 18M | -331M | 141M | 175M | 141M | 158M | -151M | 13M | -144M | -917M | -248M | -467M | 205M | 250M | 23M | -1.83B | 1.29B |
| FCF Margin % | -177.51% | -46.21% | -10.69% | 1% | -18.93% | 7.41% | 7.1% | 5.82% | 6.81% | -6.08% | 0.53% | -6.19% | -40.94% | -13.69% | -26.59% | 11.76% | 12.17% | 1.06% | -100.77% | 77.71% |
| FCF Growth % | -803.63% | -704.96% | -206.86% | -87.23% | -309.49% | 193.38% | 1246.15% | 197.92% | 117.23% | 39.11% | 102.78% | -170.24% | -466.8% | -1178.26% | 74.55% | -84.11% | -40.05% | -93.22% | -2838.81% | 188.59% |
| FCF per Share | -7.13 | -2.08 | -0.47 | 0.05 | -0.94 | 0.41 | 0.51 | 0.41 | 0.48 | -0.47 | 0.04 | -0.45 | -2.92 | -0.83 | -1.56 | 0.69 | 0.84 | 0.08 | -6.13 | 2.54 |
| FCF Conversion (FCF/Net Income) | 5.87x | 3.58x | 1.32x | -0.57x | 3.80x | -5.31x | -1.75x | -1.38x | -1.87x | 0.05x | -2.97x | 0.03x | 10.20x | 0.45x | 31.36x | 0.14x | 2.23x | 0.36x | -60.03x | 8.96x |
| Interest Paid | 691M | 717M | 598M | 733M | 860M | 857M | 1.25B | 1.14B | 1.11B | 1.3B | 1.23B | 1.14B | 1.09B | 723M | 654M | 536M | 537M | 612M | 551M | 0 |
| Taxes Paid | 28M | 5M | 51M | 51M | 21M | 36M | 22M | 48M | 34M | 58M | 19M | 67M | 36M | 21M | 37M | 38M | 18M | -61M | 109M | 0 |