← Genpact 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 From Continuing Operations | — | — | — | — | — | — | $353.4m | $631.3m | $513.7m | $552.5m | |
| Net Income (Loss) Attributable to Parent | $269.7m | $263.1m | $282.0m | $304.9m | $308.3m | $369.4m | $353.4m | $631.3m | $513.7m | $552.5m | |
| Net Income (Loss) Available to Common Stockholders, Basic | $269.7m | $263.1m | $282.0m | $304.9m | $308.3m | $369.4m | $353.4m | $631.3m | $513.7m | $552.5m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $267.5m | $260.8m | $281.3m | $304.9m | $308.3m | $369.4m | $353.4m | $631.3m | $513.7m | $552.5m | |
| Amortization of Debt Issuance Costs | $1.5m | — | — | — | — | — | — | — | — | — | |
| Amortization of Intangible Assets | $27.2m | $36.4m | $38.9m | $32.6m | $43.3m | $58.4m | $42.7m | $31.5m | $26.5m | $24.3m | |
| Depreciation | $54.6m | $58.5m | $64.9m | $96.1m | $116.5m | $109.1m | $86.8m | $72.5m | $69.8m | $70.7m | |
| Amortization Cash Flow | — | — | — | — | — | — | $42.7m | $31.5m | $26.5m | $24.3m | |
| Amortization Of Intangibles | — | — | — | — | — | — | $42.7m | $31.5m | $26.5m | $24.3m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $129.5m | $104.0m | $96.3m | $95.0m | |
| Deferred Income Tax Expense (Benefit) | $30.5m | ($10.4m) | $6.1m | ($16.3m) | ($22.6m) | ($9.3m) | ($29.2m) | ($157.9m) | $36.6m | $19.9m | |
| Deferred Income Tax | — | — | — | — | — | — | ($29.2m) | ($157.9m) | $36.6m | $19.9m | |
| Deferred Tax | — | — | — | — | — | — | ($29.2m) | ($157.9m) | $36.6m | $19.9m | |
| Share-based Payment Arrangement, Noncash Expense | $25.1m | $35.7m | $49.0m | $83.9m | $74.0m | $82.0m | $77.4m | $88.6m | $66.4m | $89.6m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $769k | $10.3m | $15.9m | $3.9m | $34.1m | $35.7m | $44.9m | $21.5m | $22.3m | $33.4m | |
| Share-based Payment Arrangement, Expense | $24.7m | $35.1m | $48.2m | $82.8m | $72.7m | $80.5m | $75.8m | $87.1m | $65.3m | $88.7m | |
| Goodwill and Intangible Asset Impairment | — | — | — | — | — | — | — | $0 | $0 | — | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | $1.6m | $0 | $0 | — | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | — | — | $205k | $27.8m | — | — | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | $11.2m | — | — | — | $6.1m | — | — | — | — | — | |
| Operating Lease, Impairment Loss | — | — | — | — | $18.1m | $0 | $20.3m | $0 | $0 | $7.7m | |
| Asset Impairment Charge | — | — | — | — | — | — | $54.3m | $0 | $0 | $10.1m | |
| Gain (Loss) on Disposition of Business | $5.2m | ($5.7m) | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Other Assets | — | — | — | $31.4m | — | $0 | — | — | — | — | |
| Income (Loss) from Equity Method Investments | ($7.7m) | ($4.5m) | ($12k) | ($16k) | — | $0 | — | — | — | — | |
| Income Tax Expense (Benefit) | $62.1m | $59.7m | $80.8m | $94.5m | $92.2m | $113.7m | $111.8m | ($29.0m) | $163.2m | $177.7m | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $79.5m | — | |
| Other Nonoperating Income (Expense) | — | — | ($338k) | $5.8m | $3.2m | $12.9m | ($103k) | $15.0m | $19.0m | $22.1m | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $48.6m | $57.3m | $76.9m | $122.0m | ($42.5m) | $11.8m | $112.3m | $130.8m | $96.6m | $44.2m | |
| Increase (Decrease) in Accounts Payable | ($463k) | ($2.2m) | $26.4m | ($21.4m) | ($12.5m) | $11.7m | $14.2m | ($8.2m) | $8.7m | ($6.4m) | |
| Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | — | — | — | — | — | — | — | ($802k) | $0 | $0 | |
| Foreign Currency Transaction Gain (Loss), before Tax | $2.6m | $2.0m | $15.2m | $7.7m | $7.5m | $12.7m | $15.4m | $4.3m | $2.9m | $7.4m | |
| Foreign Currency Transaction Gain (Loss), Unrealized | ($1.7m) | $11.8m | ($3.4m) | $5.2m | ($9.6m) | $8.3m | ($525k) | $1.1m | $11.4m | ($4.4m) | |
| Goodwill | $1.1b | $1.3b | $1.4b | $1.6b | $1.7b | $1.7b | $1.7b | $1.7b | $1.7b | $1.8b | |
| Nonoperating Income (Expense) | $10.1m | $26.2m | $35.8m | — | — | — | — | — | — | — | |
| Proceeds from Stock Options Exercised | — | $10.8m | $10.8m | $10.7m | $14.1m | $23.2m | $14.7m | $27.8m | $7.2m | $8.1m | |
| Beginning Cash Position | — | — | — | — | — | — | $899.5m | $646.8m | $583.7m | $648.2m | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($571.4m) | ($483.0m) | ($424.8m) | ($106.8m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($36.6m) | ($78.9m) | ($106.0m) | ($495.5m) | |
| Change In Account Payable | — | — | — | — | — | — | $14.2m | ($8.2m) | $8.7m | ($6.4m) | |
| Change In Accrued Expense | — | — | — | — | — | — | ($54.3m) | $1.9m | $63.3m | $230.2m | |
| Change In Income Tax Payable | — | — | — | — | — | — | $1.6m | ($6.0m) | ($2.2m) | $7.9m | |
| Change In Payable | — | — | — | — | — | — | $15.8m | ($14.2m) | $6.5m | $1.5m | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | ($38.6m) | ($12.4m) | $69.9m | $231.7m | |
| Change In Prepaid Assets | — | — | — | — | — | — | $3.8m | ($39.1m) | ($73.5m) | ($169.6m) | |
| Change In Receivables | — | — | — | — | — | — | ($112.3m) | ($130.8m) | ($96.6m) | ($44.2m) | |
| Change In Tax Payable | — | — | — | — | — | — | $1.6m | ($6.0m) | ($2.2m) | $7.9m | |
| Change In Working Capital | — | — | — | — | — | — | ($147.1m) | ($182.2m) | ($100.2m) | $17.9m | |
| Changes In Account Receivables | — | — | — | — | — | — | ($112.3m) | ($130.8m) | ($96.6m) | ($44.2m) | |
| Changes In Cash | — | — | — | — | — | — | ($164.3m) | ($71.1m) | $84.6m | $210.5m | |
| End Cash Position | — | — | — | — | — | — | $646.8m | $583.7m | $648.2m | $853.8m | |
| Financing Cash Flow | — | — | — | — | — | — | ($571.4m) | ($483.0m) | ($424.8m) | ($106.8m) | |
| Free Cash Flow | — | — | — | — | — | — | $389.3m | $432.0m | $530.2m | $724.3m | |
| Gain Loss On Sale Of Business | — | — | — | — | — | — | $0 | $802k | $0 | $0 | |
| Investing Cash Flow | — | — | — | — | — | — | ($36.6m) | ($78.9m) | ($106.0m) | ($495.5m) | |
| Issuance Of Capital Stock | — | — | — | — | — | $35.1m | $27.8m | $39.5m | — | — | |
| Net Business Purchase And Sale | — | — | — | — | — | — | $17.7m | ($20.2m) | $0 | ($80.4m) | |
| Net Foreign Currency Exchange Gain Loss | — | — | — | — | — | — | $525k | ($1.1m) | ($11.4m) | $4.4m | |
| Net Intangibles Purchase And Sale | — | — | — | — | — | — | ($3.8m) | ($3.4m) | ($2.5m) | ($10.3m) | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($50.6m) | ($55.4m) | ($80.1m) | ($78.1m) | |
| Operating Gains Losses | — | — | — | — | — | — | $525k | ($259k) | ($11.4m) | $4.4m | |
| Other Non Cash Items | — | — | — | — | — | — | $3.2m | $3.4m | $233k | $3.0m | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | ($17.2m) | $18.0m | ($5.1m) | ($15.9m) | |
| Provisionand Write Offof Assets | — | — | — | — | — | — | $1.6m | $4.0m | $13.8m | $20.5m | |
| Purchase Of Business | — | — | — | — | — | — | ($33k) | ($20.2m) | $0 | ($80.4m) | |
| Purchase Of Intangibles | — | — | — | — | — | — | ($3.8m) | ($3.4m) | ($2.5m) | ($10.3m) | |
| Purchase Of PPE | $88.8m | $57.2m | $85.0m | $74.9m | $70.2m | $53.3m | ($50.6m) | ($55.4m) | ($82.8m) | ($78.2m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($214.1m) | ($225.5m) | ($252.7m) | ($283.0m) | |
| Sale Of Business | — | — | — | — | — | $0 | $17.8m | — | $0 | — | |
| Sale Of PPE | — | — | — | — | — | — | $60k | $25k | $2.6m | $59k | |
| Stock Based Compensation | — | — | — | — | — | — | $77.4m | $88.6m | $66.4m | $89.6m | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | ($6.4m) | $36.8m | $8.3m | $12.2m | ($5.6m) | — | — | — | — | — | |
| Other Operating Income (Expense), Net | $4.9m | $1.7m | $1.8m | $31.0m | ($19.3m) | $1.2m | ($53.2m) | $4.7m | $5.6m | ($9.8m) | |
| Net Cash Provided by (Used in) Operating Activities | $345.8m | $359.1m | $339.5m | $427.9m | $584.3m | $694.3m | $443.7m | $490.8m | $615.4m | $812.9m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $88.8m | $57.2m | $85.0m | $74.9m | $70.2m | $53.3m | $50.6m | $55.4m | $82.8m | $78.2m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $45.2m | $284.8m | $111.6m | $252.3m | $186.6m | $72.0m | $33k | $682k | $0 | $80.4m | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | $0 | $0 | ($23.4m) | ($326.6m) | |
| Purchase Of Investment | — | — | — | — | — | — | $0 | $0 | ($23.4m) | ($350.0m) | |
| Sale Of Investment | — | — | — | — | — | — | $0 | $0 | $0 | $23.4m | |
| Net Cash Provided by (Used in) Investing Activities | — | — | ($276.1m) | ($357.1m) | ($266.4m) | ($122.7m) | ($36.6m) | ($78.9m) | ($106.0m) | ($495.5m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | — | $350.0m | $129.2m | $400.0m | — | $350.0m | $239.1m | $0 | $400.0m | $350.0m | |
| Issuance Of Debt | — | — | — | — | — | — | $500.1m | $148.0m | $450.0m | $435.0m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $239.1m | $0 | $400.0m | $350.0m | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($242.8m) | ($173.0m) | ($54.5m) | $314.0m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($393.8m) | ($32.0m) | ($44.5m) | $314.0m | |
| Net Short Term Debt Issuance | — | — | — | — | — | — | $151.0m | ($141.0m) | ($10.0m) | $0 | |
| Short Term Debt Issuance | — | — | — | — | — | — | $261.0m | $148.0m | $50.0m | $85.0m | |
| Repayments of Long-term Debt | $40.0m | $40.0m | $166.2m | $34.0m | $34.0m | $34.0m | $620.1m | $19.9m | $433.1m | $26.5m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($632.9m) | ($32.0m) | ($444.5m) | ($36.0m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($742.9m) | ($321.0m) | ($504.5m) | ($121.0m) | |
| Short Term Debt Payments | — | — | — | — | — | — | ($110.0m) | ($289.0m) | ($60.0m) | ($85.0m) | |
| Common Stock Issuance | — | — | — | — | — | $35.1m | $27.8m | $39.5m | — | — | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($214.1m) | ($225.5m) | ($252.7m) | ($283.0m) | |
| Payments for Repurchase of Common Stock | $345.2m | $219.8m | $154.1m | $30.0m | $137.1m | $298.2m | $214.1m | $225.5m | $252.7m | — | |
| Payments of Ordinary Dividends, Common Stock | — | $47 | $57 | $65 | $74 | $80 | $92 | $100 | $108 | $118 | |
| Common Stock Payments | — | — | — | — | — | — | ($214.1m) | ($225.5m) | ($252.7m) | ($283.0m) | |
| Cash Dividends Paid | — | — | — | — | — | — | ($91.8m) | ($100.0m) | ($108.5m) | ($117.7m) | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($91.8m) | ($100.0m) | ($108.5m) | ($117.7m) | |
| Proceeds from (Payments for) Other Financing Activities | — | — | — | — | — | ($6k) | $0 | $0 | — | — | |
| Net Other Financing Charges | — | — | — | — | — | — | ($5.5m) | ($2.4m) | ($4.2m) | ($4.1m) | |
| Net Cash Provided by (Used in) Financing Activities | — | — | ($135.2m) | $39.6m | ($92.0m) | ($332.9m) | ($571.4m) | ($483.0m) | ($424.8m) | ($106.8m) | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($88.4m) | $8.0m | ($20.0m) | ($5.0m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | — | $225.9m | — | — | — | — | — | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($164.3m) | ($71.1m) | $84.6m | $210.5m | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $41.5m | $45.1m | $49.1m | $46.3m | $51.1m | $48.0m | $68.9m | $59.7m | |
| Income Taxes Paid, Net | $46.7m | $66.2m | — | — | — | — | $146.0m | $156.7m | $113.6m | $143.6m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.