FFilingLens
Quarterly TTM Annual
Income Balance Cash flow
8P

Three-Statement Breakdown

TAP
2026-06-30 · figures in $M

FCF UP

Free cash flow rose 14% to $1.3B — the highest of its last 8 readings.

CASH FROM OPS +5.3%
1,977 15.3% MGN
CAPITAL EXPENDITURE -8.4%
651
FREE CASH FLOW +13.7%
1,326
FCF / NET INCOME —
— TARGET >1.0×
Cash flow TTM 24-09 TTM 24-12 TTM 25-03 TTM 25-06 TTM 25-09 TTM 25-12 TTM 26-03 vs prior TTM YoY TTM 8Q
Net income
10-Q
938 1,122 1,036 1,037 -2,090 -2,140 -2,109 -2,306 — — -2,306 2024-09-30 · $199.8M2024-12-31 · $287.8M2025-03-31 · $121.0M2025-06-30 · $428.7M2025-09-30 · -$2.9B2025-12-31 · $238.3M2026-03-31 · $151.3M2026-06-30 · $231.7M
Depreciation & amortization
10-Q
686 759 771 773 778 711 717 739 +3.1% -4.5% 739
Stock-based comp
45 43 42 38 36 35 31 33 +5.8% -12.4% 33
Cash from operations
1,890 1,910 1,794 1,643 1,738 1,784 1,878 1,977 +5.3% +20.3% 1,977 2024-09-30 · $521.2M2024-12-31 · $494.5M2025-03-31 · -$90.7M2025-06-30 · $718.3M2025-09-30 · $616.1M2025-12-31 · $540.7M2026-03-31 · $2.5M2026-06-30 · $817.9M
Cash conversion
NOT DISCLOSED
2.02× 1.70× 1.73× 1.58× — — — — — — —
Capital expenditures
(740) (674) (697) (682) (645) (717) (711) (651) -8.4% -4.6% (651)
Free cash flow
1,150 1,236 1,098 961 1,093 1,068 1,167 1,326 +13.7% +38.0% 1,326 2024-09-30 · $350.4M2024-12-31 · $383.4M2025-03-31 · -$328.0M2025-06-30 · $555.0M2025-09-30 · $483.0M2025-12-31 · $357.8M2026-03-31 · -$229.2M2026-06-30 · $714.4M
FCF margin
8.3% 9.0% 8.2% 7.2% 8.3% 8.2% 8.9% 10.3% +14.9% +41.7% 10.3%
Cash from investing
-704 -648 -777 -766 -753 -822 -711 -922 — — -922
Dividends paid
367 369 372 374 376 376 371 367 -0.9% -1.7% 367
Share repurchases
582 643 589 575 539 648 757 552 -27.0% -4.0% 552
Debt repayment
881 884 885 886 14 13 36 390 10.7× -56.0% 390
Cash from financing
-998 -1,138 -1,053 -1,930 -1,040 -1,057 -1,208 476 — — 476
Net change in cash
220 100 -46 -1,034 -72 -73 -30 1,514 — — 1,514
Ending cash balance
1,022 969 413 614 950 896 383 2,128 +456.2% +246.7% 2,128

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

SELECTED · FREE CASH FLOW · QoQ BRIDGE
FROM1,167 CASH FROM OPERATIONS+100 CAPITAL EXPENDITURES+60 ROUNDING-1 TO1,326
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-Q FILED 2026-08-06 ↗