Eni S.p.A. (E) 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 | 1.4B | 4.46B | 3.08B | 3.45B | 2.35B | 3.71B | 2.91B | 4.57B | 1.9B | 4.17B | 3.52B | 4.44B | 2.98B | 4.59B | 5.59B | 4.18B | 3.1B | 5.83B | 2.93B | 2.72B |
| Operating CF Margin % | 7.09% | 21.61% | 15.23% | 18.39% | 12.44% | 15.78% | 14.09% | 21.05% | 8.3% | 16.96% | 15.77% | 22.68% | 10.97% | 14.7% | 14.98% | 13.26% | 9.64% | 21.8% | 15.42% | 16.67% |
| Operating CF Growth % | -40.34% | 20.18% | 5.77% | -24.48% | 23.16% | -11.21% | -17.31% | 2.88% | -36.15% | -9.1% | -37% | 6.22% | -3.74% | -21.29% | 90.45% | 53.96% | 125.15% | 490.59% | 101.44% | 93.66% |
| Net Income | -183M | 90M | 803M | 543M | -537M | 247M | 522M | 661M | 1.21B | 149M | 1.92B | 294M | 2.39B | 550M | 5.86B | 3.81B | 3.58B | 3.82B | 1.2B | 247M |
| Depreciation & Amortization | 1.62B | 1.81B | 1.84B | 1.82B | 1.77B | 2.02B | 1.84B | 1.93B | 1.96B | 1.99B | 1.77B | 1.87B | 1.85B | 2.1B | 1.72B | 1.54B | 1.84B | 1.96B | 1.78B | 1.62B |
| 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 | -785M | 0 | 0 | 0 | -988M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 640M | 0 | 0 |
| Other Non-Cash Items | 739M | 1.01B | 301M | -76M | 1.16B | 1.42B | -688M | 1.22B | 567M | 1.34B | 43M | 691M | -990M | -1.49B | -1.11B | 19M | 259M | -66M | 743M | 1.47B |
| Working Capital Changes | -776M | 2.32B | 132M | 1.16B | -49M | 1.02B | 1.23B | 763M | -1.83B | 704M | -209M | 1.58B | -268M | 3.43B | -888M | -1.2B | -2.59B | -522M | -792M | -617M |
| Change in Receivables | -3.3B | -607M | 1.17B | 2.87B | 416M | -2.93B | 1.61B | 2.22B | 233M | -2.11B | -615M | 2.43B | 3.61B | 281M | -1.17B | 4.55B | -4.7B | -4.93B | -1.04B | -228M |
| Change in Inventory | -524M | 920M | -405M | -38M | 442M | 405M | 113M | -466M | 16M | 754M | -1.02B | 466M | 1.6B | 2.2B | -1.66B | -2.09B | -981M | -410M | -733M | -286M |
| Change in Payables | 3.31B | 2.21B | -609M | -1.54B | -903M | 3.32B | -1.26B | -212M | -1.74B | 2.86B | 764M | -2.14B | -6.3B | 1.54B | 1.39B | -3.38B | 2.74B | 5.07B | 1.66B | 503M |
| Cash from Investing | -2.85B | -3.37B | -1.52B | -2.24B | -1.46B | -2.5B | -1.62B | -2.19B | -2.93B | -2.54B | -1.8B | -3.24B | -1.79B | -2.87B | -2.42B | -2.2B | 570M | -5.46B | -2.42B | -2.1B |
| Capital Expenditures | -2.43B | -3.09B | -2.18B | -2.15B | -1.82B | -2.53B | -2B | -2.02B | -1.93B | -2.67B | -1.87B | -2.56B | -2.12B | -2.77B | -2.1B | -1.83B | -1.36B | -1.65B | -1.2B | -1.25B |
| CapEx % of Revenue | 12.32% | 14.97% | 10.78% | 11.43% | 9.65% | 10.78% | 9.7% | 9.32% | 8.42% | 10.83% | 8.39% | 13.05% | 7.79% | 8.85% | 5.63% | 5.8% | 4.25% | 6.15% | 6.31% | 7.67% |
| Acquisitions | 10M | -81M | 1.35B | 65M | 710M | 1.08B | 994M | -368M | -671M | -610M | 40M | -76M | -130M | -560M | -736M | 5M | -164M | -1.13B | -410M | -248M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -358M | -166M | -519M | -73M | -100M | -856M | -578M | -17M | -50M | 804M | 77M | 392M | 605M | 602M | 627M | -669M | 2.61B | -2.63B | -612M | -577M |
| Cash from Financing | 1.93B | -1.62B | -1.77B | -1.07B | 162M | -2.52B | -2.06B | -992M | -398M | -912M | -3.6B | 48M | -1.19B | -2.9B | -2.67B | -4.59B | 1.53B | 511M | -2.88B | 650M |
| Debt Issued (Net) | 3.34B | -1.69B | -98M | -317M | -776M | -583M | -427M | 280M | 1.08B | 991M | -2.08B | 1.52B | -178M | -636M | -1.28B | -2.86B | 1.85B | 1.09B | -1.03B | 1.72B |
| Equity Issued (Net) | -289M | -670M | -560M | -280M | -386M | -876M | -570M | -168M | -398M | -790M | -607M | -406M | 0 | -1.22B | -981M | -195M | 0 | -298M | -102M | 0 |
| Dividends Paid | -766M | -775M | -781M | -759M | -765M | -794M | -779M | -728M | -767M | -747M | -790M | -744M | -765M | -738M | -751M | -1.49B | -30M | -8M | -1.51B | -839M |
| Share Repurchases | -289M | -670M | -560M | -280M | -386M | -876M | -570M | -168M | -398M | -790M | -607M | -406M | 0 | -1.22B | -981M | -195M | 0 | -298M | -102M | 0 |
| Other Financing | -362M | 1.52B | -333M | 281M | 2.09B | -268M | -282M | -376M | -310M | -366M | -125M | -321M | -247M | -301M | 337M | -44M | -292M | -277M | -234M | -231M |
| Net Change in Cash | 217M | -829M | -238M | 20M | 964M | -1.18B | -813M | 1.4B | -1.41B | 634M | -1.86B | 1.27B | -9M | -1.32B | 580M | -2.56B | 5.21B | 890M | -2.35B | 1.25B |
| Free Cash Flow | -965M | 1.52B | 1.02B | 1.43B | 659M | 1.31B | 1.02B | 2.67B | 84M | 1.79B | 1.71B | 1.96B | 918M | 1.99B | 3.56B | 2.41B | 1.8B | 4.29B | 1.8B | 1.53B |
| FCF Margin % | -4.89% | 7.38% | 5.03% | 7.63% | 3.49% | 5.59% | 4.96% | 12.28% | 0.37% | 7.28% | 7.68% | 9.98% | 3.38% | 6.38% | 9.53% | 7.64% | 5.59% | 16.05% | 9.46% | 9.4% |
| FCF Growth % | -246.43% | 15.84% | -0.68% | -46.34% | 684.52% | -26.77% | -40.22% | 36.35% | -90.85% | -10.04% | -51.81% | -18.91% | -48.91% | -53.59% | 97.5% | 57.44% | 534.98% | 3968.47% | 191.73% | 230.89% |
| FCF per Share | -0.64 | 1.00 | 0.65 | 0.92 | 0.42 | 0.83 | 0.64 | 1.64 | 0.05 | 1.08 | 1.04 | 1.17 | 0.55 | 1.18 | 2.04 | 1.36 | 1.01 | 2.41 | 1.01 | 0.86 |
| FCF Conversion (FCF/Net Income) | 1.31x | 49.50x | 3.83x | 6.36x | 2.00x | 15.01x | 5.57x | 6.92x | 1.57x | 28.02x | 1.84x | 15.11x | 1.25x | 8.35x | 0.95x | 1.10x | 0.86x | 1.53x | 2.44x | 11.00x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |