Sally Beauty Holdings, Inc. (SBH) quarterly cash flow statement — complete operating, investing & financing history
| Metric | 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 | Q3'21 |
|---|
| Cash from Operations | 108.33M | 93.24M | 120.88M | 69.43M | 51.06M | 33.46M | 110.67M | 47.9M | 36.94M | 51.02M | 116.54M | 53.12M | 24.7M | 54.95M | 107.27M | 52M | 2.91M | -5.68M | 164.13M | 86.17M |
| Operating CF Margin % | 11.99% | 9.89% | 12.76% | 7.44% | 5.78% | 3.57% | 11.84% | 5.08% | 4.07% | 5.48% | 12.65% | 5.71% | 2.69% | 5.74% | 11.15% | 5.41% | 0.32% | -0.58% | 16.57% | 8.43% |
| Operating CF Growth % | 112.15% | 178.68% | 9.22% | 44.96% | 38.23% | -34.42% | -5.03% | -9.84% | 49.57% | -7.15% | 8.64% | 2.16% | 748.11% | 1066.6% | -34.64% | -39.66% | -96.85% | -114.58% | 7.62% | -56.53% |
| Net Income | 42.7M | 45.56M | 49.93M | 45.72M | 39.21M | 61.01M | 48.06M | 37.72M | 29.24M | 38.39M | 42.58M | 50.82M | 40.86M | 50.34M | 21.34M | 46.57M | 46.81M | 68.84M | 68.15M | 76.21M |
| Depreciation & Amortization | 25.28M | 23.63M | 24.33M | 24.67M | 25.36M | 25.57M | 26.2M | 28.52M | 26.95M | 28.06M | 26.64M | 25.43M | 25.06M | 25.29M | 26.57M | 24.89M | 24.05M | 24.42M | 24.11M | 25.14M |
| Stock-Based Compensation | 5.97M | 7.55M | 4.45M | 4.51M | 4.24M | 6.05M | 3.91M | 4.18M | 3.96M | 5.12M | 3.34M | 3.55M | 3.84M | 5.13M | 1.84M | 2.11M | 2.03M | 3.96M | 3.5M | 2.62M |
| Deferred Taxes | 3.19M | 0 | -5.35M | -2.27M | -2.37M | -2.21M | 4.85M | -6.68M | 3.41M | -3.24M | 10.79M | -2.03M | -27K | 889K | -25.29M | 1.2M | 4.64M | 1.87M | -6.34M | -633K |
| Other Non-Cash Items | -4.16M | 3.67M | 2.31M | 1.38M | 2.62M | -25.63M | 441K | 2.92M | 2.67M | 639K | 3.75M | 993K | 851K | 2.83M | 25.57M | 17.25M | 1.01M | 935K | 1.4M | 1.91M |
| Working Capital Changes | 35.36M | 12.83M | 45.21M | -4.58M | -17.99M | -31.33M | 27.21M | -18.77M | -29.3M | -17.95M | 29.44M | -25.64M | -45.89M | -29.52M | 57.25M | -40.02M | -75.63M | -105.7M | 73.32M | -19.07M |
| Change in Receivables | 10.64M | 12.55M | -21.14M | 1.16M | -9.44M | 5.47M | 547K | -3.94M | -9.62M | -1.58M | 1.08M | -1.77M | 374K | -1.55M | -6.39M | -8.7M | 4.79M | 1.12M | 7.93M | -9.99M |
| Change in Inventory | 11.84M | 13.59M | 15.88M | 13.43M | 5.47M | 15.29M | -7.88M | 13.03M | -35.58M | -24.16M | 15.78M | 31.05M | -30.34M | -38.02M | 64M | -64.73M | 41.86M | -137.33M | 56.04M | 19.01M |
| Change in Payables | 25.71M | -25.7M | 42.8M | -16.81M | -1.61M | -56.15M | 28.64M | -45.93M | 32.96M | -642K | 21.88M | -51.69M | -7.5M | 7.61M | -11.94M | 35.87M | -86.95M | 16.73M | 1.6M | -23.08M |
| Cash from Investing | -29.16M | -35.78M | -45.34M | -17.17M | -18.89M | 23.13M | -44.88M | -19.15M | -14.11M | -30.77M | -35.98M | -21.61M | -17.17M | -25.01M | -34.52M | -23.47M | -17.72M | -26.71M | -28.78M | -17.9M |
| Capital Expenditures | -29.16M | -35.78M | -42.87M | -20.3M | -18.89M | -20.08M | -37.36M | -19.15M | -14.11M | -30.55M | -26.95M | -21.61M | -17.17M | -25.01M | -32.02M | -23.13M | -17.72M | -26.39M | -29.02M | -17.79M |
| CapEx % of Revenue | 3.23% | 3.79% | 4.53% | 2.18% | 2.14% | 2.14% | 4% | 2.03% | 1.55% | 3.28% | 2.92% | 2.32% | 1.87% | 2.61% | 3.33% | 2.41% | 1.94% | 2.69% | 2.93% | 1.74% |
| Acquisitions | 0 | 0 | -2.47M | 3.13M | 0 | -371K | -7.53M | 0 | 0 | -218K | -9.03M | 0 | 0 | 0 | -2.5M | -347K | 1K | -319K | 1K | -106K |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 43.57M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 235K | 0 |
| Cash from Financing | -43.37M | -47.89M | -40.56M | -34.2M | -45.99M | -57.67M | -55.9M | -28.9M | -46.16M | -22.78M | -32.56M | -19.02M | -43.24M | -5.99M | -99.84M | -147.31M | -56.34M | -70.19M | -3.47M | -205.3M |
| Debt Issued (Net) | -20M | -20M | -21M | -21.04M | -36.04M | -41.04M | -46.04M | -18.04M | -19M | -1.05M | -17.04M | -19.04M | -40.17M | -4.93M | -99.9M | -147.54M | -1.42M | -1.42M | -3.25M | -205.72M |
| Equity Issued (Net) | -25.52M | -20.55M | -20.66M | -13.15M | -10.24M | -9.95M | -9.89M | -10.1M | -20.2M | -20.2M | -15.15M | 0 | 0 | 0 | 0 | 0 | -55.33M | -75M | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -25.59M | -20.76M | -20.66M | -13.15M | -10.24M | -9.95M | -9.89M | -10.1M | -20.2M | -20.2M | -15.15M | 0 | 0 | 0 | 0 | 0 | -55.33M | -75M | 0 | 0 |
| Other Financing | 2.15M | -7.34M | 1.1M | -10K | 285K | -6.68M | 35K | -762K | -6.95M | -1.52M | -372K | 19K | -3.08M | -1.06M | 61K | 226K | 409K | 6.24M | -222K | 417K |
| Net Change in Cash | 37.43M | 8.02M | 36.36M | 20.63M | -13.35M | -2.43M | 10.59M | 201K | -23.82M | -2M | 48.66M | 12.72M | -37.45M | 28.51M | -30.76M | -126.09M | -70.73M | -102.82M | 130.64M | -138M |
| Free Cash Flow | 79.17M | 57.45M | 78M | 49.13M | 32.17M | 13.38M | 73.32M | 28.75M | 22.83M | 20.47M | 89.59M | 31.51M | 7.52M | 29.94M | 75.26M | 28.88M | -14.81M | -32.08M | 135.12M | 68.38M |
| FCF Margin % | 8.76% | 6.09% | 8.24% | 5.26% | 3.64% | 1.43% | 7.84% | 3.05% | 2.51% | 2.2% | 9.72% | 3.38% | 0.82% | 3.13% | 7.82% | 3% | -1.62% | -3.27% | 13.64% | 6.69% |
| FCF Growth % | 146.1% | 329.44% | 6.4% | 70.91% | 40.9% | -34.64% | -18.17% | -8.77% | 203.5% | -31.64% | 19.05% | 9.12% | 150.81% | 193.36% | -44.3% | -57.77% | -118.29% | -236.47% | 2.84% | -62.12% |
| FCF per Share | 0.79 | 0.57 | 0.77 | 0.48 | 0.31 | 0.13 | 0.70 | 0.27 | 0.21 | 0.19 | 0.82 | 0.29 | 0.07 | 0.27 | 0.69 | 0.27 | -0.13 | -0.28 | 1.18 | 0.59 |
| FCF Conversion (FCF/Net Income) | 2.54x | 2.05x | 2.42x | 1.52x | 1.30x | 0.55x | 2.30x | 1.27x | 1.26x | 1.33x | 2.74x | 1.05x | 0.60x | 1.09x | 5.03x | 1.12x | 0.06x | -0.08x | 2.41x | 1.13x |
| Interest Paid | 24.09M | 4.44M | 25.33M | 5.42M | 25.7M | 7.65M | 30.22M | 8.24M | 20.98M | 27.27M | 8.49M | 28.26M | 8.43M | 26.76M | 6.41M | 37.85M | 2.77M | 35.03M | 2.69M | 39.85M |
| Taxes Paid | 31.18M | 2.58M | -75.39M | 19.58M | 36.55M | 19.26M | 1.51M | 2.47M | 28.51M | 3.5M | 11.69M | 20.05M | 29M | 3.08M | 8.74M | 17.16M | 52.72M | 3.98M | 26M | 32.97M |