← COTY INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income From Continuing Operations | — | — | — | — | — | — | $267.7m | $523.2m | $109.4m | ($350.2m) | |
| Net Income (Loss) Attributable to Parent | $156.9m | ($422.2m) | ($168.8m) | ($3.8b) | ($1.0b) | ($201.3m) | $259.5m | $508.2m | $89.4m | ($367.9m) | |
| Net Income (Loss) Available to Common Stockholders, Basic | — | — | — | — | ($1.0b) | ($303.6m) | $61.2m | $495.0m | $76.2m | ($381.1m) | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $179.2m | ($398.5m) | ($127.8m) | ($3.8b) | ($1.0b) | ($205.1m) | $267.7m | $523.2m | $109.4m | ($350.2m) | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | ($1.1b) | ($64.0m) | $253.8m | $508.2m | $89.4m | ($367.9m) | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | ($1.1b) | ($67.8m) | $262.0m | $523.2m | $109.4m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | $87.2m | ($137.3m) | $5.7m | $0 | $0 | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | $87.2m | ($137.3m) | $5.7m | $0 | $0 | — | |
| Depreciation, Depletion and Amortization | $232.0m | $555.1m | $737.0m | $736.0m | $716.5m | $585.3m | $516.4m | $426.7m | $421.1m | $420.0m | |
| Amortization of Deferred Charges | $79.5m | $275.1m | $352.8m | $353.5m | — | — | — | — | — | — | |
| Amortization of Intangible Assets | — | $275.1m | $352.8m | $353.5m | $233.1m | $251.2m | $207.4m | $191.8m | $193.4m | $186.9m | |
| Depreciation | $232.0m | $555.1m | $737.0m | $736.0m | $716.5m | $585.3m | $309.0m | $235.0m | $227.7m | $233.1m | |
| Amortization Cash Flow | — | — | — | — | — | — | $207.4m | $191.8m | $193.4m | $186.9m | |
| Amortization Of Intangibles | — | — | — | — | — | — | $207.4m | $191.8m | $193.4m | $186.9m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $516.4m | $426.7m | $421.1m | $420.0m | |
| Deferred Income Tax Expense (Benefit) | ($139.2m) | ($390.0m) | ($101.7m) | ($175.7m) | ($468.1m) | ($245.9m) | $12.1m | $56.3m | ($9.8m) | ($87.5m) | |
| Deferred Income Tax | — | — | — | — | — | — | $12.1m | $56.3m | ($9.8m) | ($87.5m) | |
| Deferred Tax | — | — | — | — | — | — | $12.1m | $56.3m | ($9.8m) | ($87.5m) | |
| Share-based Payment Arrangement, Noncash Expense | $22.2m | $24.6m | $30.6m | $14.8m | $29.8m | $29.9m | $195.5m | $135.9m | $88.8m | $50.0m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | $3.6m | — | — | — | — | — | — | — | |
| Share-based Payment Arrangement, Expense | — | — | — | $15.2m | $42.2m | $28.4m | $197.8m | $137.6m | $91.8m | $53.0m | |
| Goodwill and Intangible Asset Impairment | — | — | — | $3.4b | $434.0m | $0 | $31.4m | $0 | $0 | — | |
| Goodwill, Impairment Loss | — | $0 | $0 | $3.4b | $105.0m | $0 | $0 | $0 | $0 | $0 | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | $19.7m | — | — | — | $0 | $0 | $0 | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | — | $429.1m | $329.0m | $0 | $31.4m | $0 | $0 | $212.8m | |
| Operating Lease, Impairment Loss | — | — | — | — | $7.8m | $600k | $1.0m | — | — | — | |
| Asset Impairment Charge | — | — | — | — | — | — | $31.4m | $0 | $0 | $212.8m | |
| Gain (Loss) on Disposition of Assets | $24.8m | $3.1m | ($28.6m) | $0 | $111.5m | $0 | $0 | — | — | — | |
| Gain (Loss) on Disposition of Intangible Assets | $24.8m | $3.1m | ($28.6m) | $0 | $111.5m | $0 | — | — | — | — | |
| Gain (Loss) on Disposition of Business | — | — | — | — | — | ($246.4m) | $6.1m | $0 | $0 | — | |
| Gain (Loss) on Extinguishment of Debt | ($3.1m) | $0 | ($10.7m) | $0 | $0 | — | — | — | — | — | |
| Income Tax Expense (Benefit) | ($40.4m) | ($259.5m) | ($24.7m) | ($8.5m) | ($377.7m) | ($172.0m) | $164.8m | $181.6m | $95.1m | $5.4m | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $251.6m | $227.0m | |
| Operating Lease, Expense | — | — | — | $197.7m | — | — | — | — | — | — | |
| Other Nonoperating Income (Expense) | ($30.4m) | ($1.6m) | ($38.0m) | ($30.9m) | $11.6m | $43.9m | $409.9m | $419.0m | ($90.2m) | ($371.7m) | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $44.5m | $279.8m | $79.6m | ($344.9m) | ($424.5m) | ($10.5m) | $77.2m | ($36.8m) | $104.5m | $81.1m | |
| Increase (Decrease) in Inventories | ($27.2m) | ($162.3m) | $60.0m | $21.9m | ($124.4m) | ($81.2m) | $48.3m | $180.3m | ($67.2m) | ($4.8m) | |
| Increase (Decrease) in Accounts Payable | $148.2m | $540.9m | $159.5m | ($127.3m) | ($373.5m) | ($49.7m) | $140.5m | $138.4m | ($19.4m) | — | |
| Equity Securities, FV-NI, Gain (Loss) | — | — | — | — | — | — | $400.3m | $226.3m | $21.7m | ($85.6m) | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | — | — | — | $70.3m | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | — | — | ($30.5m) | ($26.7m) | $16.8m | ($29.9m) | ($14.8m) | ($24.9m) | |
| Gain (Loss) on Sale of Derivatives | $11.1m | $11.1m | $1.4m | — | — | — | — | — | — | — | |
| Goodwill | $2.2b | $8.6b | $8.6b | $5.1b | $4.0b | $4.1b | $3.9b | $4.0b | $3.9b | $4.1b | |
| Payments of Financing Costs | $57.6m | $24.4m | $55.1m | $17.4m | $14.2m | $21.9m | — | — | — | — | |
| Unrealized Gain (Loss) on Derivatives | — | — | — | — | — | — | — | $196.9m | — | — | |
| Beginning Cash Position | — | — | — | — | — | — | $310.4m | $263.8m | $283.8m | $320.6m | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($1.0b) | ($469.3m) | ($336.7m) | ($426.8m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | $269.7m | ($118.2m) | ($226.2m) | ($128.4m) | |
| Change In Account Payable | — | — | — | — | — | — | $140.5m | $147.5m | ($49.1m) | ($167.9m) | |
| Change In Accrued Expense | — | — | — | — | — | — | $129.6m | ($21.9m) | $34.4m | — | |
| Change In Income Tax Payable | — | — | — | — | — | — | $91.7m | $59.9m | ($77.3m) | ($38.5m) | |
| Change In Inventory | — | — | — | — | — | — | ($48.3m) | ($180.3m) | $67.2m | $4.8m | |
| Change In Other Current Assets | — | — | — | — | — | — | ($6.7m) | ($7.5m) | ($4.3m) | ($38.2m) | |
| Change In Other Current Liabilities | — | — | — | — | — | — | ($91.3m) | ($126.7m) | ($8.6m) | ($56.0m) | |
| Change In Payable | — | — | — | — | — | — | $232.2m | $207.4m | ($126.4m) | ($206.4m) | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $361.8m | $207.4m | ($126.4m) | ($206.4m) | |
| Change In Prepaid Assets | — | — | — | — | — | — | ($12.7m) | ($15.2m) | ($11.0m) | $64.1m | |
| Change In Receivables | — | — | — | — | — | — | ($77.2m) | $36.8m | ($104.5m) | ($81.1m) | |
| Change In Tax Payable | — | — | — | — | — | — | $91.7m | $59.9m | ($77.3m) | ($38.5m) | |
| Change In Working Capital | — | — | — | — | — | — | $125.6m | ($85.5m) | ($187.6m) | ($312.8m) | |
| Changes In Account Receivables | — | — | — | — | — | — | ($77.2m) | $36.8m | ($104.5m) | ($81.1m) | |
| Changes In Cash | — | — | — | — | — | — | ($37.7m) | $38.2m | $51.7m | ($62.6m) | |
| End Cash Position | — | — | — | — | — | — | $263.8m | $283.8m | $320.6m | $270.4m | |
| Financing Cash Flow | — | — | — | — | — | — | ($1.0b) | ($469.3m) | ($336.7m) | ($426.8m) | |
| Free Cash Flow | — | — | — | — | — | — | $552.5m | $402.9m | $369.4m | $277.6m | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | ($416.4m) | ($423.2m) | $54.6m | $340.8m | |
| Gain Loss On Sale Of Business | — | — | — | — | — | — | ($6.1m) | $0 | $0 | — | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | — | ($115.8m) | ($99.7m) | $3.9m | $76.1m | |
| Investing Cash Flow | — | — | — | — | — | — | $269.7m | ($118.2m) | ($226.2m) | ($128.4m) | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $0 | $900k | $355.9m | $0 | |
| Net Business Purchase And Sale | — | — | — | — | — | — | $230.6m | $0 | $0 | — | |
| Net Foreign Currency Exchange Gain Loss | — | — | — | — | — | — | ($16.8m) | $29.9m | $14.8m | $24.9m | |
| Operating Gains Losses | — | — | — | — | — | — | ($542.4m) | ($484.5m) | $81.9m | $452.0m | |
| Other Non Cash Items | — | — | — | — | — | — | $99.8m | $72.5m | $108.1m | $102.0m | |
| Pension And Employee Benefit Expense | — | — | — | — | — | — | $12.7m | $8.5m | $8.6m | $10.2m | |
| Provisionand Write Offof Assets | — | — | — | — | — | — | $20.5m | ($18.9m) | $2.7m | $6.3m | |
| Purchase Of Business | — | — | — | — | — | — | $0 | $0 | — | — | |
| Sale Of Business | — | — | — | — | — | — | $230.6m | $0 | $0 | — | |
| Stock Based Compensation | — | — | — | — | — | — | $195.5m | $135.9m | $88.8m | $50.0m | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | ($100k) | ($15.4m) | $0 | $800k | $200k | ($3.8m) | ($1.8m) | ($200k) | $0 | $500k | |
| Net Cash Provided by (Used in) Operating Activities | $501.4m | $757.5m | $413.7m | $639.6m | ($50.9m) | $318.7m | $726.6m | $625.7m | $614.6m | $492.6m | |
| Cash flows from investing activities: | |||||||||||
| Capital Expenditure | — | — | — | — | — | — | ($174.1m) | ($222.8m) | ($245.2m) | ($215.0m) | |
| Capital Expenditure Reported | $150.1m | $432.3m | $446.4m | $426.6m | $267.4m | $173.9m | ($174.1m) | ($222.8m) | ($245.2m) | ($215.0m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $908.7m | $742.6m | $278.0m | $40.8m | $592.2m | $0 | — | — | — | — | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | $0 | $0 | — | — | |
| Purchase Of Investment | — | — | — | — | — | — | $0 | $0 | — | — | |
| Payments for (Proceeds from) Other Investing Activities | $0 | $0 | — | — | — | — | — | — | — | — | |
| Net Other Investing Changes | — | — | — | — | — | — | $213.2m | $104.6m | $19.0m | $86.6m | |
| Net Cash Provided by (Used in) Investing Activities | ($1.1b) | ($1.2b) | ($687.6m) | ($454.0m) | ($833.4m) | $2.4b | $269.7m | ($118.2m) | ($226.2m) | ($128.4m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | $3.5b | $1.1b | $7.5b | $0 | $0 | $1.7b | $542.4m | $0 | $1.8b | $0 | |
| Issuance Of Debt | — | — | — | — | — | — | $1.5b | $1.6b | $4.3b | $2.5b | |
| Long Term Debt Issuance | — | — | — | — | — | — | $542.4m | $0 | $1.8b | $0 | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($721.1m) | ($268.2m) | ($327.5m) | ($120.7m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($325.9m) | ($226.1m) | ($112.4m) | ($490.6m) | |
| Net Short Term Debt Issuance | — | — | — | — | — | — | ($395.2m) | ($42.1m) | ($215.1m) | $369.9m | |
| Short Term Debt Issuance | — | — | — | — | — | — | $943.6m | $1.6b | $2.5b | $2.5b | |
| Repayments of Long-term Debt | $2.5b | $136.1m | $6.5b | $189.8m | — | — | — | — | — | — | |
| Long Term Debt Payments | — | — | — | — | — | — | ($868.3m) | ($226.1m) | ($1.9b) | ($490.6m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($2.2b) | ($1.8b) | ($4.6b) | ($2.6b) | |
| Short Term Debt Payments | — | — | — | — | — | — | ($1.3b) | ($1.6b) | ($2.7b) | ($2.1b) | |
| Proceeds from Issuance of Common Stock | $44.7m | $22.8m | $22.6m | $5.9m | $2.7m | $0 | $0 | $0 | $13.5m | $0 | |
| Common Stock Issuance | — | — | — | — | — | — | $0 | $900k | $355.9m | $0 | |
| Net Common Stock Issuance | — | — | — | — | — | — | $0 | $900k | $355.9m | $0 | |
| Payments for Repurchase of Common Stock | $794.9m | $36.3m | $0 | $0 | $4.5m | $0 | $57.2m | $13.7m | $13.4m | $13.3m | |
| Payments of Ordinary Dividends, Common Stock | $89.0m | $372.6m | $374.9m | $345.0m | $195.2m | $1.5m | $57.2m | $13.7m | $13.4m | $13.3m | |
| Proceeds from Noncontrolling Interests | $0 | $0 | — | — | — | — | — | — | — | — | |
| Dividends Payable | — | $2.8m | $3.3m | $4.3m | $3.6m | — | — | — | — | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($57.2m) | ($13.7m) | ($13.4m) | ($13.3m) | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($57.2m) | ($13.7m) | — | — | |
| Proceeds from (Payments for) Other Financing Activities | — | — | ($6.3m) | ($7.2m) | ($11.2m) | ($5.4m) | ($13.6m) | ($16.5m) | ($30.7m) | ($18.3m) | |
| Net Other Financing Charges | — | — | — | — | — | — | ($255.7m) | ($188.3m) | ($351.7m) | ($292.8m) | |
| Net Cash Provided by (Used in) Financing Activities | $592.6m | $595.2m | $69.3m | ($160.3m) | $877.3m | ($2.8b) | ($1.0b) | ($469.3m) | ($336.7m) | ($426.8m) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($3.7m) | $9.2m | ($3.9m) | ($7.1m) | ($21.4m) | ($7.1m) | ($8.9m) | ($18.2m) | ($14.9m) | $12.4m | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($8.9m) | ($18.2m) | ($14.9m) | $12.4m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($3.7m) | $198.3m | ($208.5m) | $18.2m | ($28.4m) | ($41.6m) | ($46.6m) | $20.0m | $36.8m | ($50.2m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($3.7m) | $570.7m | $362.2m | $380.4m | $352.0m | $310.4m | $263.8m | $283.8m | $320.6m | $270.4m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($46.6m) | $20.0m | $36.8m | ($50.2m) | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $90.3m | $190.2m | $242.8m | $290.7m | $280.6m | $230.6m | $215.4m | $229.1m | $205.7m | $218.9m | |
| Income Taxes Paid, Net | $118.1m | $90.1m | $124.6m | $110.3m | $123.2m | $15.9m | $97.2m | $58.6m | $172.6m | $95.4m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.