FFilingLens
Quarterly TTM Annual
Income Balance Cash flow
8Q

Three-Statement Breakdown

EXC
2026-06-30 · figures in $M

FCF UP

Free cash flow moved from -$634.0M to -$255.0M.

CASH FROM OPS +12.8%
1,945 32.6% MGN
CAPITAL EXPENDITURE -6.7%
2,200
FREE CASH FLOW —
-255
FCF / NET INCOME —
-0.64× TARGET >1.0×
Cash flow 24-09 24-12 25-03 25-06 25-09 25-12 26-03 QoQ YoY TTM 8Q
Net income
10-Q
707 647 908 391 875 594 919 396 -56.9% +1.3% 2,784 2024-09-30 · $707.0M2024-12-31 · $647.0M2025-03-31 · $908.0M2025-06-30 · $391.0M2025-09-30 · $875.0M2025-12-31 · $594.0M2026-03-31 · $919.0M2026-06-30 · $396.0M
Depreciation & amortization
909 913 905 901 913 924 953 968 +1.6% +7.4% 3,758
Cash from operations
1,689 1,426 1,200 1,511 2,299 1,244 1,724 1,945 +12.8% +28.7% 7,212 2024-09-30 · $1.7B2024-12-31 · $1.4B2025-03-31 · $1.2B2025-06-30 · $1.5B2025-09-30 · $2.3B2025-12-31 · $1.2B2026-03-31 · $1.7B2026-06-30 · $1.9B
Cash conversion
2.39× 2.20× 1.32× 3.86× 2.63× 2.09× 1.88× 4.91× +161.8% +27.1% 2.59×
Capital expenditures
(1,695) (1,936) (1,946) (2,013) (2,136) (2,434) (2,358) (2,200) -6.7% +9.3% (9,128)
Free cash flow
-6 -510 -746 -502 163 -1,190 -634 -255 — — -1,916 2024-09-30 · -$6.0M2024-12-31 · -$510.0M2025-03-31 · -$746.0M2025-06-30 · -$502.0M2025-09-30 · $163.0M2025-12-31 · -$1.2B2026-03-31 · -$634.0M2026-06-30 · -$255.0M
FCF margin
-0.1% -9.3% -11.1% -9.3% 2.4% -22.0% -8.8% -4.3% — — -7.6%
Cash from investing
-1,647 -1,928 -1,942 -2,020 -2,138 -2,425 -2,356 -2,204 — — -9,123
Dividends paid
381 382 403 405 404 405 430 430 +0.0% +6.2% 1,669
Debt repayment
NOT DISCLOSED
433 221 0 807 0 504 — — — — —
Cash from financing
-344 208 1,385 178 686 284 728 1,392 +91.2% 7.8× 3,090
Net change in cash
-302 -294 643 -331 847 -897 96 1,133 11.8× — 1,179
Ending cash balance
616 357 1,004 724 1,533 626 713 1,813 +154.3% +150.4% 1,813

Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.

SELECTED · FREE CASH FLOW · QoQ BRIDGE
FROM-634 CASH FROM OPERATIONS+221 CAPITAL EXPENDITURES+158 TO-255
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-Q FILED 2026-07-30 ↗