BNY Mellon Strategic Municipals, Inc. (LEO) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q2'26 | Q4'25 | Q2'25 | Q4'24 | Q2'24 | Q4'23 | Q2'23 | Q4'22 | Q2'22 | Q4'21 | Q2'21 | Q4'20 | Q2'20 | Q4'19 | Q2'19 | Q4'18 | Q2'18 | Q4'17 | Q2'17 | Q4'16 |
|---|
| Cash from Operations | 7.6M | 3.35M | 9.25M | 9.28M | -3.99M | 5.13M | 4.6M | 3.27M | 8.97M | 31.97M | -757.3K | -7.92M | 1.63M | 32.63M | 20.23M | 12.29M | 78.09M | 15.56M | 14.42M | 11.89M |
| Operating CF Margin % | 50.4% | 28.77% | 65.72% | 64.05% | -28.05% | 70.94% | 53.83% | 43.5% | 67.73% | 206.47% | -3.97% | -95.09% | 10.93% | 181.55% | 105.64% | 62.66% | 381.31% | 78.99% | 73.92% | 60.89% |
| Operating CF Growth % | -17.84% | -63.85% | 332.04% | 80.86% | -186.67% | 56.76% | -48.7% | -89.77% | 1284.38% | 503.64% | -146.32% | -124.28% | -91.92% | 165.46% | -74.09% | -21% | 441.69% | 30.81% | -33.01% | -33.89% |
| Net Income | 5.22M | 7.44M | -20.54M | 22.83M | 50.68M | 5.12M | 34.22M | -65.49M | -45.76M | 17.78M | 29.53M | 38.21M | -30.26M | 29.95M | 22.24M | 6.01M | -777.95K | 21.15M | -17.54M | 23.5M |
| Depreciation & Amortization | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 4.6M | -1.4M | 28.65M | 13.58M | -91.37M | -5.2M | -33.91M | 69.14M | 57.19M | -8.64M | -13.4M | -29.21M | 37.36M | -15.31M | -6.72M | 7.57M | 18.42M | -8.42M | 31.93M | 676.51K |
| Working Capital Changes | -2.21M | -2.69M | 1.15M | -27.14M | 36.7M | 5.21M | 2.44M | 124.48K | -1.24M | 20.45M | -17.46M | -14.22M | -8.84M | 17.4M | 4.71M | -1.28M | 60.45M | 2.83M | 32.58K | -12.28M |
| Change in Receivables | -9M | 284.46K | -209.98K | 1.8M | 303.52K | 936.05K | -2.12M | 7.93M | -7.56M | 428.51K | 515.78K | 3.05M | -2.34M | 557.19K | 524.79K | 674.5K | -610.68K | 952.11K | -1.36M | 112.76K |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.81M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 7M | -2.76M | 1.43M | 398.37K | -5.26M | 4.23M | 3.97M | -8.43M | 6.35M | 1.96M | 56.77K | -5.76M | 5.72M | 24.87K | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | 2.78M | 12.24M | -12.2M | -29.21M | 36.74M | 11.83M | 31.61M | 14.07M | 18.88M | 6.23M | 15.06M | 23.48M | 13.43M | -21.37M | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CapEx % of Revenue | 0% | 0% | 0% | - | 0% | 0% | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Investments | 630.17M | 637.5M | 648.29M | 664.7M | 619.46M | 606.84M | 649.36M | 650.82M | 734.25M | 809.18M | 810.15M | 811.67M | 801.93M | 854.8M | 816.47M | 812.45M | 816.12M | 814.88M | 812.37M | 837.62M |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | -10.4M | -18.85M | 2.82M | 22.4M | -37.96M | -12.65M | -38.46M | -19.17M | -22.65M | -38.21M | -14.03M | -15.54M | -15.14M | -15.33M | -15.63M | -15.75M | -75.27M | -15.87M | -16.68M | -8.86M |
| Debt Issued (Net) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | -78.9M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | -10.4M | -6.67M | -8.28M | -7.1M | -7.1M | -6.91M | -10.9M | -9.34M | -11.4M | -12.48M | -13.06M | -13.06M | -12.94M | -13.06M | -13.06M | -13.06M | -14.34M | -14.95M | -15.81M | -14.88M |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | -78.9M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -63.6M | 0 | 0 | 0 |
| Other Financing | 0 | -12.19M | 0 | 0 | 0 | 78.9M | 0 | -9.82M | 0 | -25.73M | -966.47K | -2.47M | -2.2M | -2.26M | -2.57M | -2.69M | -60.93M | -924.29K | -871.24K | 6.02M |
| Net Change in Cash | -20K | -3.25M | -128.14K | 2.47M | -5.21M | 4.31M | -2.25M | -1.83M | 5.2M | -8.69K | 276.15K | 25.34K | -67.98K | -4.07M | 4.6M | -3.46M | 2.82M | -308.96K | -2.31M | 3.02M |
| Free Cash Flow | 7.6M | 3.35M | 9.25M | -19.93M | 32.75M | 5.13M | 4.6M | 3.27M | 8.97M | 31.97M | -757.3K | -7.92M | 1.63M | 32.63M | 20.23M | 12.29M | 78.09M | 15.56M | 14.42M | 11.89M |
| FCF Margin % | 50.4% | 28.77% | 65.72% | -137.65% | 230.4% | 70.94% | 53.83% | 43.5% | 67.73% | 206.47% | -3.97% | -95.09% | 10.93% | 181.55% | 105.64% | 62.66% | 381.31% | 78.99% | 73.92% | 60.89% |
| FCF Growth % | -17.84% | 116.82% | -71.75% | -488.68% | 611.82% | 56.76% | -48.7% | -89.77% | 1284.38% | 503.64% | -146.32% | -124.28% | -91.92% | 165.46% | -74.09% | -21% | 441.69% | 30.81% | -33.01% | -33.89% |
| FCF per Share | 0.12 | 0.05 | 0.15 | -0.32 | 0.53 | 0.08 | 0.07 | 0.05 | 0.14 | 0.51 | -0.01 | -0.13 | 0.03 | 0.52 | 0.33 | 0.20 | 1.26 | 0.25 | 0.23 | 0.19 |
| FCF Conversion (FCF/Net Income) | 1.46x | 0.45x | -0.45x | 0.41x | -0.08x | -0.18x | 0.13x | -0.05x | -0.20x | 1.80x | -0.03x | -0.21x | -0.05x | 1.09x | 0.95x | 2.42x | -40.29x | 0.77x | -0.79x | 0.52x |
| Interest Paid | 0 | 0 | 0 | 10.99M | 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 |