Phibro Animal Health Corporation (PAHC) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q3'26 | Q2'26 | 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 |
|---|
| Cash from Operations | 16.21M | 19.35M | 9.3M | 21.27M | 43.15M | 3.08M | 12.62M | 28.43M | 11.41M | 31.56M | 16.2M | 20.24M | 6.26M | -2.49M | -10.7M | 1.57M | 6.13M | 20.12M | 3.82M | 3.07M |
| Operating CF Margin % | 4.23% | 5.18% | 2.56% | 5.62% | 12.41% | 0.99% | 4.85% | 10.41% | 4.33% | 12.63% | 7% | 7.93% | 2.55% | -1.02% | -4.6% | 0.62% | 2.56% | 8.65% | 1.78% | 1.39% |
| Operating CF Growth % | -62.45% | 529.13% | -26.3% | -25.17% | 278.28% | -90.25% | -22.08% | 40.47% | 82.27% | 1367.9% | 251.42% | 1185.77% | 2.07% | -112.37% | -379.98% | -48.73% | -63.12% | -25.23% | 125.03% | -20.82% |
| Net Income | 24.02M | 27.46M | 26.53M | 17.22M | 20.88M | 3.19M | 6.97M | 752K | 8.4M | 1.27M | -8.02M | 11.5M | 10.04M | 7.21M | 3.86M | 7.49M | 17.69M | 17.46M | 6.53M | 17.12M |
| Depreciation & Amortization | 12.45M | 12.89M | 12.83M | 12.41M | 12.62M | 11.57M | 9M | 9.2M | 9.2M | 8.91M | 8.87M | 8.57M | 8.49M | 8.5M | 8.45M | 8.4M | 8.45M | 8.01M | 7.85M | 7.84M |
| Stock-Based Compensation | 0 | 434K | 339K | 179K | 179K | 180K | 179K | 179K | 135K | 80K | 81K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | 3.66M | 3.84M | 2.17M | 8.36M | -618K | -7.74M | -4.88M | -5.24M | -300K | 387K | -2.69M | -3.07M | 356K | -108K | -13K | -686K | 417K | -506K | -31K | -2.2M |
| Other Non-Cash Items | 2.78M | -185K | 976K | -2.65M | 1.67M | 13.57M | -611K | 2.64M | 4.24M | 1.51M | 14.87M | -3.63M | -4.46M | -4.46M | 3.21M | 9.11M | -10.35M | -5.92M | 2.38M | -799K |
| Working Capital Changes | -26.71M | -25.09M | -33.54M | -14.25M | 8.43M | -17.69M | 1.96M | 20.89M | -10.27M | 19.4M | 3.09M | 6.87M | -8.17M | -13.63M | -26.2M | -22.74M | -10.07M | 1.07M | -12.91M | -18.89M |
| Change in Receivables | -4.78M | 2.33M | 11.37M | -25.96M | -3.47M | -34.99M | 9.21M | -11.72M | -11.27M | 1.53M | 12.78M | -9.65M | 146K | -7.51M | 22.35M | -12.81M | -12.24M | -2.95M | 4.37M | -9.8M |
| Change in Inventory | -19.33M | -47.03M | -26.18M | -6.16M | -13.73M | -19.24M | -5.16M | 8.53M | 1.66M | -2.54M | -5M | 19.24M | -1.38M | -4.11M | -24.98M | -16.45M | -8.57M | -12.1M | -9.87M | -4.41M |
| Change in Payables | -2.94M | 753K | -4.63M | 2.62M | 28.32M | 13.31M | 1.3M | 3.9M | -3.44M | 6.94M | 4.6M | -3.11M | -5.1M | -9.02M | -5.59M | 6.4M | 6.1M | 13.35M | 514K | 3.93M |
| Cash from Investing | -16.81M | -17.18M | -21.01M | -7.03M | -18.25M | -260.47M | -2.93M | -9.11M | 1.13M | -24.86M | -15.35M | -10.28M | -37.78M | -9.81M | -16.15M | -9.54M | -9.94M | 17.57M | -20.67M | -7.19M |
| Capital Expenditures | -15.32M | -11.1M | -13.81M | -13.14M | -7.75M | -7.82M | -9.58M | -13.07M | -9.73M | -10.96M | -7.48M | -10.89M | -7.91M | -9.82M | -23.18M | -11.89M | -10.02M | -7.69M | -7.45M | -7.09M |
| CapEx % of Revenue | 3.99% | 2.97% | 3.79% | 3.47% | 2.23% | 2.53% | 3.68% | 4.79% | 3.7% | 4.38% | 3.23% | 4.27% | 3.22% | 4.01% | 9.97% | 4.66% | 4.18% | 3.3% | 3.47% | 3.22% |
| Acquisitions | 0 | 0 | 0 | 5.35M | -1.05M | -290.82M | 0 | 0 | 44K | -3.33M | 0 | 0 | 0 | 0 | 0 | -2.73M | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 2.01M | 431K | -3.7M | -241K | 548K | 174K | 653K | -562K | -183K | 947K | 124K | 609K | 131K | 9K | 27K | -25K | -9.93M | 5K | -217K | -1.1M |
| Cash from Financing | -2.3M | -18.98M | 16.34M | -7.77M | -32.22M | 276.32M | -29.2M | 1.79M | 4.85M | -14.71M | 1.3M | -6.33M | 284K | 3.72M | 29.32M | 12.39M | 10.27M | -14.58M | 8.27M | 4.64M |
| Debt Issued (Net) | 3.94M | -12.06M | 23.94M | -245.05M | -26.06M | 283.13M | -12.02M | 4.02M | 8.89M | -8.11M | 7.89M | -5.86M | 5.14M | 9.14M | 34.25M | 17.25M | 15.13M | -4.88M | 13.13M | 12.44M |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | -4.87M | -4.86M | -4.86M | -4.86M | -4.87M | -4.86M | -4.86M | -4.86M | -4.86M | -4.86M | -4.86M | -4.86M | -4.86M | -4.86M | -4.86M | -4.86M | -4.86M | -4.86M | -4.86M | -4.86M |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -1.37M | -2.05M | -2.74M | 242.15M | -1.29M | -1.95M | -12.32M | 2.63M | 819K | -1.74M | -1.74M | 4.38M | 0 | -569K | -71K | 0 | 0 | -4.84M | 0 | -2.94M |
| Net Change in Cash | -557K | -17.28M | 4.73M | 7.68M | -6.72M | 15.24M | -18.78M | 20.39M | 17.25M | -10.18M | 1.87M | 4.04M | -31.18M | -7.86M | 2.03M | 3.5M | 7.36M | 22.21M | -9.04M | 1.11M |
| Free Cash Flow | 890K | 8.26M | -4.5M | 8.13M | 35.41M | -4.75M | 3.04M | 15.36M | 1.68M | 20.6M | 8.72M | 9.35M | -1.65M | -12.31M | -33.87M | -10.32M | -3.88M | 12.43M | -3.63M | -4.02M |
| FCF Margin % | 0.23% | 2.21% | -1.24% | 2.15% | 10.18% | -1.53% | 1.17% | 5.62% | 0.64% | 8.24% | 3.77% | 3.66% | -0.67% | -5.03% | -14.57% | -4.04% | -1.62% | 5.34% | -1.69% | -1.83% |
| FCF Growth % | -97.49% | 273.94% | -248.21% | -47.06% | 2011.39% | -123.04% | -65.16% | 64.3% | 201.7% | 267.36% | 125.75% | 190.61% | 57.53% | -199% | -833.68% | -156.36% | -142.5% | -36.56% | 36.6% | 35.09% |
| FCF per Share | 0.02 | 0.20 | -0.11 | 0.20 | 0.87 | -0.12 | 0.07 | 0.38 | 0.04 | 0.51 | 0.22 | 0.23 | -0.04 | -0.30 | -0.84 | -0.25 | -0.10 | 0.31 | -0.09 | -0.10 |
| FCF Conversion (FCF/Net Income) | 0.67x | 0.70x | 0.35x | 1.24x | 2.07x | 0.97x | 1.81x | 37.80x | 1.36x | 24.77x | -2.02x | 1.76x | 0.62x | -0.35x | -2.77x | 0.21x | 0.35x | 1.15x | 0.58x | 0.18x |
| 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 |