Seapeak LLC (SEAL-PB) 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 | 65.08M | 58.37M | 69.6M | 57.93M | 86.96M | 138.33M | 94.17M | 61.41M | 101.38M | 113.98M | 71.26M | 116.88M | 60.54M | 89.64M | 107.79M | 43.97M | 35.37M | 61.16M | 52.11M | 57.51M |
| Operating CF Margin % | 44.16% | 36.85% | 43.65% | 36.52% | 54.2% | 76.94% | 53.4% | 34.99% | 56.6% | 62.71% | 40.52% | 63.53% | 32.69% | 54.33% | 73.57% | 29.16% | 21.81% | 40.86% | 35.55% | 38.65% |
| Operating CF Growth % | -25.16% | -57.8% | -26.08% | -5.67% | -14.22% | 21.36% | 32.14% | -47.46% | 67.46% | 27.15% | -33.89% | 165.84% | 71.15% | 46.57% | 106.85% | -23.54% | 25.97% | -39.41% | -41.25% | -39.55% |
| Net Income | 41.41M | 39.12M | -47.06M | 25.9M | 7.94M | -286.39M | 37.28M | 68.92M | 81.86M | 2.67M | 117.16M | 99.94M | 97.94M | -109.14M | 148.23M | 102.44M | 100.02M | 37.88M | 70.33M | 56.28M |
| Depreciation & Amortization | 41.88M | 42.44M | 33.61M | 34.41M | 33.52M | 37.08M | 35.38M | 35.21M | 34.99M | 35.98M | 36.47M | 36.36M | 36.92M | 32M | 32.76M | 30.97M | 32.73M | 33.56M | 33M | 32.35M |
| 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 | -14.63M | -2.33M | 91.09M | -6.21M | 30.79M | 347.14M | 21.62M | -45.6M | -3.79M | 72.33M | -76.69M | -39.73M | -58.55M | 175.12M | -87.16M | -83.87M | -73.21M | -25.2M | -34.24M | -12.67M |
| Working Capital Changes | -3.58M | -20.86M | -8.04M | 3.83M | 14.7M | 40.5M | -109K | 2.89M | -16.4M | 3M | -5.67M | 20.31M | -15.78M | -8.34M | 13.96M | -5.58M | -24.16M | 14.92M | -16.98M | -18.45M |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -16.47M | 4.16M | 4.03M | 3.9M | -32.98M | 3.82M | 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 | -48.27M | -5.68M | -35.18M | -4.12M | -4.22M | -246.32M | 1.46M | 33.28M | 11.52M | -2.66M | -6.63M | 34.69M | -95.8M | -287.7M | 6.31M | 1.7M | -368K | -15.96M | -12.48M | 4.67M |
| Capital Expenditures | -75.68M | -26.96M | -25.98M | -4.12M | -4.22M | -246.32M | -4.06M | -3.65M | -3.7M | -4.92M | -6.63M | -4.02M | -132.4M | -89.33M | -2.48M | -8.34M | -7.87M | -16.64M | -12.48M | -5.66M |
| CapEx % of Revenue | 51.36% | 17.02% | 16.29% | 2.6% | 2.63% | 137% | 2.3% | 2.08% | 2.07% | 2.71% | 3.77% | 2.19% | 71.5% | 54.14% | 1.69% | 5.53% | 4.85% | 11.11% | 8.52% | 3.81% |
| Acquisitions | 27.41M | 12.08M | 0 | 0 | 0 | 27.7M | 5.52M | 6.97M | 15.22M | 80.57M | 0 | 38.71M | -3M | -198.37M | 18.83M | 10.04M | 7.5M | -10.33M | 0 | 10.33M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | -27.7M | 5.52M | 29.96M | 0 | -78.31M | 0 | 38.71M | 39.6M | -7.5M | -10.04M | 10.04M | 7.5M | -5.63M | 0 | 0 |
| Cash from Financing | -62.63M | -32.15M | -68.5M | -70.87M | -94.96M | 76.99M | -46.97M | -121.57M | -100.1M | -110.78M | -89.86M | -156.32M | -16.86M | 297.51M | -166.61M | -32.14M | 28.42M | -58.77M | -74.2M | -80.19M |
| Debt Issued (Net) | -56.08M | -238.87M | -59.68M | -61.91M | 15.19M | 84.75M | 12.4M | -112.77M | 112.05M | -53.86M | -78.73M | -147.7M | -95.13M | 176.51M | -156.52M | -24.95M | 25.74M | -26.88M | -42.07M | -45.65M |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 85.51M | -450K | -1.73M | -1.12M | -7.94M | 0 | -785K | 0 | 0 | 0 | 0 |
| Dividends Paid | -6.28M | -6.28M | -6.28M | -6.28M | -106.28M | -5.84M | -56.42M | -6.42M | -206.43M | -56.15M | -6.29M | -6.16M | -6.34M | -6.37M | -6.41M | -6.41M | -6.42M | -31.89M | -31.88M | -31.87M |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -667K | -450K | -1.73M | -1.12M | -1.91M | 0 | -785K | -5.96M | 0 | 0 | 0 |
| Other Financing | -276K | 213M | -2.54M | -2.69M | -3.88M | -1.92M | -2.95M | -2.38M | -5.72M | -86.28M | -4.38M | -725K | 85.73M | 135.31M | -3.68M | 0 | 9.1M | -7.1M | -253K | -2.67M |
| Net Change in Cash | -46.46M | 33.63M | -34.07M | -17.06M | -12.22M | -31M | 48.65M | -26.88M | 12.79M | 543K | -25.23M | -4.75M | -52.12M | 99.45M | -52.51M | 13.52M | 63.42M | -13.57M | -34.57M | -18.02M |
| Free Cash Flow | -10.6M | 31.41M | 43.63M | 53.81M | 82.74M | -107.98M | 90.1M | 57.76M | 97.68M | 109.06M | 64.63M | 112.86M | -71.86M | 314K | 105.31M | 35.63M | 27.5M | 44.53M | 39.63M | 51.84M |
| FCF Margin % | -7.19% | 19.83% | 27.36% | 33.92% | 51.57% | -60.06% | 51.1% | 32.91% | 54.53% | 60% | 36.75% | 61.34% | -38.81% | 0.19% | 71.87% | 23.63% | 16.96% | 29.75% | 27.04% | 34.85% |
| FCF Growth % | -112.81% | 129.09% | -51.58% | -6.84% | -15.29% | -199.01% | 39.42% | -48.82% | 235.93% | 34633.76% | -38.63% | 216.8% | -361.28% | -99.29% | 165.75% | -31.28% | 31.67% | -55.5% | -54.94% | -44.92% |
| FCF per Share | -0.11 | 0.31 | 0.44 | 0.54 | 0.83 | -1.08 | 0.90 | 0.58 | 0.98 | 1.09 | 0.65 | 1.13 | -0.72 | 0.00 | 1.19 | 0.40 | 0.31 | 0.51 | 0.45 | 0.59 |
| FCF Conversion (FCF/Net Income) | 1.57x | 1.49x | -2.37x | 2.46x | 9.47x | -0.55x | 2.71x | 0.89x | 1.24x | 66.85x | 0.63x | 1.21x | 0.65x | -0.80x | 0.97x | 0.44x | 0.37x | 2.19x | 0.88x | 1.25x |
| 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 |