← MONRO, INC.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $61.5m | $63.9m | $79.8m | $58.0m | $34.3m | $61.6m | $39.0m | $37.6m | ($5.2m) | $2.2m | |
| Net Income (Loss) Available to Common Stockholders, Basic | $61.1m | $63.6m | $79.3m | $57.6m | $33.9m | $61.1m | $38.5m | $36.4m | ($6.5m) | $824k | |
| Amortization of Intangible Assets | $5.1m | $5.0m | $5.3m | $4.8m | $4.1m | $4.2m | $3.7m | $3.3m | $2.9m | $2.7m | |
| Depreciation | $39.5m | $44.3m | $50.2m | $39.2m | $42.9m | $42.7m | $40.9m | $38.8m | $36.5m | $31.3m | |
| Depreciation, Amortization and Accretion, Net | $44.6m | $49.3m | $55.5m | $65.0m | $77.3m | $81.2m | $77.0m | $72.2m | $69.4m | $61.7m | |
| Deferred Income Tax Expense (Benefit) | $11.3m | $15.5m | $12.5m | $11.5m | $10.9m | $14.0m | $4.2m | $9.0m | $139k | $876k | |
| Share-based Payment Arrangement, Noncash Expense | $2.5m | $2.9m | $4.0m | $3.8m | $2.4m | $4.3m | $5.7m | $4.3m | $4.7m | $3.9m | |
| Share-based Payment Arrangement, Expense | $2.5m | — | — | — | $2.4m | $4.3m | $5.7m | $4.3m | $4.7m | $3.9m | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | — | — | — | $0 | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | $0 | $0 | — | — | $0 | $0 | $0 | |
| Operating Lease, Impairment Loss | — | — | — | — | — | — | — | — | $8.8m | $8.8m | |
| Gain (Loss) on Disposition of Assets | — | — | — | — | — | — | — | — | — | $18.5m | |
| Gain (Loss) on Disposition of Business | — | — | — | — | — | — | $2.4m | — | — | — | |
| Gain (Loss) on Disposition of Property Plant Equipment | ($85k) | $1.2m | ($56k) | $257k | $491k | $932k | $4.7m | $1.2m | $4.8m | — | |
| Income Tax Expense (Benefit) | $35.7m | $39.5m | $20.6m | $16.2m | $9.9m | $15.7m | $18.1m | $14.3m | ($731k) | $927k | |
| Other Nonoperating Income (Expense) | $628k | $454k | $630k | $785k | $188k | $618k | $593k | $460k | $446k | $304k | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Inventories | ($5.0m) | $8.4m | $9.1m | $11.8m | ($26.6m) | $2.4m | $18.2m | $6.4m | $27.0m | ($23.1m) | |
| Goodwill | $501.7m | $522.9m | $565.5m | $671.8m | $689.5m | $776.7m | $736.5m | $736.4m | $736.4m | $736.4m | |
| Payments of Financing Costs | — | — | — | $1.2m | $874k | $497k | $1.0m | — | $670k | $477k | |
| Proceeds from Stock Options Exercised | $3.5m | $4.8m | $14.6m | $6.2m | $6.3m | $2.1m | $733k | $17k | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $129.9m | $121.2m | $152.9m | $121.3m | $184.9m | $173.8m | $215.0m | $125.2m | $131.9m | $70.4m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $34.6m | $39.1m | $44.5m | $55.9m | $51.7m | $27.8m | $39.0m | $25.5m | $26.4m | $31.7m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $142.6m | $23.4m | $62.4m | $104.4m | $17.2m | $83.3m | $6.7m | — | — | — | |
| Payments for (Proceeds from) Other Investing Activities | — | — | ($289k) | ($576k) | ($2.0m) | ($122k) | $256k | $25k | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($175.6m) | ($58.5m) | ($105.9m) | ($158.8m) | ($66.3m) | ($109.8m) | $26.5m | ($2.0m) | ($1.2m) | ($1.2m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | — | — | — | — | — | — | — | $155.6m | $205.0m | $169.3m | |
| Payments for Repurchase of Common Stock | — | — | — | — | — | — | $96.9m | $44.0m | — | — | |
| Dividends paid | $22.5m | $24.0m | $26.8m | $29.7m | $29.8m | $34.7m | $36.4m | $35.5m | $34.9m | $35.0m | |
| Net Cash Provided by (Used in) Financing Activities | $46.7m | ($69.8m) | ($42.7m) | $376.7m | ($434.2m) | ($86.0m) | ($244.6m) | ($121.6m) | ($116.5m) | ($75.4m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | $7.9m | $4.9m | $6.6m | $20.8m | $14.6m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $21.0m | $25.8m | $25.4m | $27.2m | $26.4m | $24.3m | $22.9m | $19.9m | $18.4m | $16.4m | |
| Income Taxes Paid, Net | $24.8m | $25.2m | $9.7m | $12.7m | $2.3m | ($11.6m) | $16.9m | $5.3m | $4.0m | $241k |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.