← AMDOCS LTD
| 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 (Loss) Attributable to Parent | $409.3m | $436.8m | $354.4m | $479.4m | $497.8m | $688.4m | $549.5m | $540.7m | $493.2m | $567.8m | |
| Net Income (Loss) Available to Common Stockholders, Basic | $405.7m | $433.3m | $351.7m | $476.2m | $494.2m | $681.3m | $541.6m | $531.5m | $483.9m | $567.8m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | $543.0m | $496.3m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | $2.3m | $3.1m | — | |
| Depreciation, Depletion and Amortization | $211.8m | $214.9m | $211.2m | $205.8m | $198.4m | $208.8m | $224.5m | — | — | — | |
| Amortization of Debt Issuance Costs | — | — | — | — | $144k | $548k | $564k | $579k | $596k | $608k | |
| Amortization of Intangible Assets | $109.9m | $110.3m | $108.5m | $97.4m | $78.1m | $78.8m | $71.1m | $57.2m | $62.1m | — | |
| Depreciation | $113.7m | $105.0m | $105.4m | $111.4m | $117.6m | $125.0m | $127.4m | $128.0m | $128.8m | — | |
| Depreciation, amortization and impairment | — | — | — | — | $198.4m | $208.8m | $224.5m | $195.7m | $193.1m | $195.4m | |
| Amortization of debt issuance cost | — | — | — | — | $144k | $548k | $564k | $579k | $596k | $608k | |
| Deferred Income Tax Expense (Benefit) | ($2.3m) | $6.6m | $25.1m | ($13.9m) | $30.2m | ($50.6m) | ($3.3m) | ($60.2m) | ($45.7m) | — | |
| Deferred income taxes | ($2.3m) | $6.6m | $25.1m | ($13.9m) | $30.2m | ($50.6m) | ($3.3m) | ($60.2m) | ($45.7m) | $20.3m | |
| Share-based Payment Arrangement, Noncash Expense | $42.7m | $44.5m | $47.5m | $38.5m | $42.4m | $54.2m | $71.8m | $89.7m | $104.5m | — | |
| Share-based Payment Arrangement, Expense | $42.7m | $44.5m | $47.5m | $38.5m | $42.4m | $54.2m | $71.8m | $89.7m | $104.5m | — | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Gain (Loss) on Disposition of Business | — | — | — | — | — | $226.4m | $10.0m | $0 | $0 | — | |
| Income Tax Expense (Benefit) | $75.4m | $76.1m | $67.1m | $88.4m | $85.5m | $125.9m | $98.9m | $93.4m | $94.8m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $34.9m | — | |
| Other Nonoperating Income (Expense) | ($1.6m) | ($2.5m) | ($4.4m) | $3.7m | ($1.9m) | $6.8m | ($581k) | ($3.7m) | ($6.9m) | — | |
| Net cash from equity investments and other | — | — | — | — | — | — | — | ($4.3m) | $5.3m | $18.2m | |
| Changes in operating assets and liabilities: | |||||||||||
| Noncash investing and financing activities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $70.9m | $41.1m | $66.5m | ($6.6m) | ($134.6m) | $69.1m | $65.0m | ($3.5m) | $104.4m | — | |
| Proceeds from Stock Options Exercised | $89.6m | $87.6m | $81.3m | $41.5m | $97.8m | $89.1m | $82.9m | $48.7m | $26.9m | — | |
| Purchases of property and equipment, accrued but unpaid | $130.1m | $133.4m | $231.1m | — | — | — | — | $124.4m | $105.5m | — | |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | — | — | — | ($737k) | $0 | ($1.7m) | ($2.7m) | ($2.8m) | ($5.6m) | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($2.0m) | ($8.2m) | ($6.2m) | ($7.9m) | ($3.4m) | ($1.1m) | ($16.7m) | ($12.1m) | ($13.2m) | — | |
| Goodwill | $2.2b | $2.2b | $2.4b | $2.5b | $2.6b | $2.6b | $2.7b | $2.7b | $2.8b | — | |
| Investment Income, Interest | $6.8m | $8.0m | $6.6m | $6.2m | $4.2m | $4.8m | $7.8m | $21.2m | $17.5m | — | |
| Nonoperating Income (Expense) | $1.6m | ($4.4m) | ($6.8m) | ($1.9m) | ($11.4m) | ($10.8m) | ($26.4m) | ($17.6m) | ($37.5m) | — | |
| Operating Costs and Expenses | $3.2b | $3.3b | $3.5b | $3.5b | $3.6b | $3.7b | $3.9b | $4.2b | $4.4b | — | |
| Equity-based compensation expense | $42.7m | $44.5m | $47.5m | $38.5m | $42.4m | $54.2m | $71.8m | $89.7m | $104.5m | $104.9m | |
| Gain from sale of a business | — | — | — | — | $0 | ($226.4m) | ($10.0m) | $0 | $0 | — | |
| Loss from short-term interest-bearing investments | $407k | $9k | $1.3m | $737k | $0 | $1.7m | $2.7m | $2.8m | $5.6m | $3.5m | |
| Accounts receivable, net | ($70.9m) | ($41.1m) | ($66.5m) | $6.6m | $134.6m | ($69.1m) | ($65.0m) | $3.5m | ($104.4m) | $79.6m | |
| Prepaid expenses and other current assets | ($11.2m) | $11.0m | ($18.7m) | $25.9m | ($10.8m) | ($17.0m) | ($3.5m) | $7.9m | ($8.5m) | ($55.1m) | |
| Other noncurrent assets | $2.6m | ($52.7m) | $9.7m | ($1.6m) | ($23.3m) | ($50.0m) | $19.8m | ($1.5m) | ($2.2m) | ($15.4m) | |
| Lease assets and liabilities, net | — | — | — | — | ($7.9m) | $9.6m | $1.4m | ($4.1m) | ($6.5m) | $3.2m | |
| Accounts payable, accrued expenses and accrued personnel | $60.0m | $72.0m | $25.3m | ($60.0m) | ($190.4m) | $122.2m | ($83.9m) | $158.9m | $216.3m | ($77.0m) | |
| Deferred revenue | ($49.8m) | ($50.2m) | $7.7m | ($37.9m) | ($15.2m) | $193.7m | ($22.5m) | ($157.8m) | ($60.3m) | $8.2m | |
| Income taxes payable, net | $10.1m | ($15.1m) | ($31.0m) | $6.0m | ($9.3m) | $26.8m | $15.6m | ($11.6m) | ($47.2m) | ($15.1m) | |
| Other noncurrent liabilities | $24.4m | $14.0m | ($8.7m) | $6.8m | $11.3m | $32.9m | $59.0m | $56.0m | ($17.1m) | ($71.7m) | |
| Net cash paid for business and intangible assets acquisitions | ($283.4m) | ($18.1m) | ($355.1m) | ($60.6m) | ($249.4m) | ($142.7m) | ($24.4m) | ($121.8m) | ($86.8m) | ($86.3m) | |
| Repurchase of shares | ($413.4m) | ($340.6m) | ($419.2m) | ($398.1m) | ($360.9m) | ($680.0m) | ($508.5m) | ($489.5m) | ($563.1m) | ($551.3m) | |
| Proceeds from employee stock option exercises | $89.6m | $87.6m | $81.3m | $41.5m | $97.8m | $89.1m | $82.9m | $48.7m | $26.9m | $21.3m | |
| Payment of contingent consideration and deferred payment of business acquisitions | — | — | — | — | — | — | — | ($9.5m) | ($18.8m) | ($9.6m) | |
| Income taxes, net of refunds | $50.4m | $67.5m | $55.9m | $75.8m | $45.4m | $146.4m | $80.4m | $156.4m | $187.5m | $122.4m | |
| Interest | $576k | $1.1m | $2.0m | $7.3m | $5.4m | $19.4m | $16.7m | $19.4m | $35.4m | $41.5m | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | — | — | — | ($11.3m) | $7.0m | $29.3m | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $620.2m | $636.1m | $557.2m | $656.4m | $658.1m | $925.8m | $756.7m | $822.6m | $724.4m | $749.1m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $130.1m | $133.4m | $231.1m | ($128.1m) | ($205.5m) | ($210.4m) | ($227.2m) | $124.4m | $105.5m | ($104.0m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $283.4m | $18.1m | $355.1m | $60.6m | $249.4m | $142.7m | $24.4m | $121.8m | $86.8m | — | |
| Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain (Loss), Net | — | — | — | — | — | $226.4m | $10.0m | — | — | — | |
| Purchase of short-term interest-bearing investments | ($370.7m) | ($282.0m) | ($76.0m) | — | ($753k) | ($277.0m) | ($34.3m) | $0 | ($9.1m) | $0 | |
| Proceeds from sale of short-term interest-bearing investments | $362.0m | $278.1m | $303.1m | $101.3m | $0 | $18.2m | $21.9m | $26.0m | $68.7m | $170.0m | |
| Payments for (Proceeds from) Other Investing Activities | $18.5m | $29.9m | $3.2m | ($615k) | $6.1m | $6.1m | $8.5m | $4.3m | ($5.3m) | — | |
| Net Cash Provided by (Used in) Investing Activities | ($440.9m) | ($185.3m) | ($362.4m) | ($86.8m) | ($461.7m) | ($329.0m) | ($262.5m) | ($224.5m) | ($127.4m) | ($2.1m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | — | — | — | — | $643.9m | $0 | $0 | — | — | — | |
| Payments for Repurchase of Common Stock | $413.4m | $340.6m | $419.2m | $398.1m | $360.9m | $680.0m | $508.5m | $489.5m | $563.1m | — | |
| Proceeds from Noncontrolling Interests | — | — | $47.0m | — | — | — | — | — | — | — | |
| Proceeds from (Payments to) Noncontrolling Interests | — | — | — | ($4.8m) | $0 | $0 | — | — | — | — | |
| Distribution to noncontrolling interests | — | — | — | — | — | — | $0 | ($1.6m) | ($4.1m) | ($4.0m) | |
| Dividends paid | $109.3m | $121.5m | $134.3m | $147.6m | $164.1m | $177.5m | $186.1m | $199.5m | $212.0m | — | |
| Dividends Payable, Current | $28.7m | $31.7m | $35.0m | $38.4m | $43.1m | $45.0m | $47.7m | $51.1m | $54.1m | — | |
| Payments of dividends | ($109.3m) | ($121.5m) | ($134.3m) | ($147.6m) | ($164.1m) | ($177.5m) | ($186.1m) | ($199.5m) | ($212.0m) | ($224.4m) | |
| Proceeds from (Payments for) Other Financing Activities | ($83k) | — | — | — | — | — | $0 | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | ($446.3m) | ($569.8m) | ($425.7m) | ($516.8m) | $315.1m | ($870.9m) | ($629.9m) | ($651.4m) | ($771.0m) | ($768.1m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($266.9m) | ($119.0m) | ($230.8m) | $52.8m | $511.6m | ($274.1m) | ($135.7m) | ($53.3m) | ($174.0m) | ($21.1m) | |
| Net decrease in cash and cash equivalents | ($266.9m) | ($119.0m) | ($230.8m) | $52.8m | $511.6m | ($274.1m) | ($135.7m) | ($53.3m) | ($174.0m) | ($21.1m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | — | $573.4m | $520.1m | $346.1m | — | |
| Cash and cash equivalents at beginning of year | $1.0b | $768.7m | $649.6m | $418.8m | $471.6m | $983.2m | $573.4m | $520.1m | $346.1m | $325.0m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $576k | $1.1m | $2.0m | $7.3m | $5.4m | $19.4m | $16.7m | $19.4m | $35.4m | — | |
| Income Taxes Paid, Net | $50.4m | $67.5m | $55.9m | $75.8m | $45.4m | $146.4m | $80.4m | $156.4m | $187.5m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.