Orion Engineered Carbons S.A. (OEC) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | -17.1M | 92.91M | 68.71M | 55.79M | 400K | 92.44M | -30.33M | 29.3M | 32.3M | 68.54M | 67.86M | 98.1M | 108.1M | 94.35M | 34.2M | -23.1M | -27.8M | 21.1M | 34.21M | 83.3M |
| Operating CF Margin % | -3.72% | 22.57% | 15.24% | 11.96% | 0.08% | 21.29% | -6.55% | 6.14% | 6.42% | 14.64% | 14.56% | 21.38% | 21.59% | 20.42% | 6.3% | -4.27% | -5.74% | 5.37% | 8.7% | 20.77% |
| Operating CF Growth % | -4375.01% | 0.51% | 326.52% | 90.4% | -98.76% | 34.88% | -144.7% | -70.13% | -70.12% | -27.36% | 98.42% | 524.68% | 488.85% | 347.24% | -0.03% | -127.73% | -1640.17% | -39.44% | 512.92% | -2.79% |
| Net Income | -9.9M | -21.1M | -67.1M | 9M | 9.1M | 17.2M | -20.2M | 20.5M | 26.7M | 4.9M | 26.2M | 30.1M | 42.3M | 12.2M | 31.8M | 29.7M | 32.5M | 1.1M | 21.01M | 89.06M |
| Depreciation & Amortization | 32.7M | 34.7M | 33.7M | 32M | 31.5M | 35.3M | 30.8M | 30.3M | 28.9M | 32.2M | 27.9M | 27.2M | 25.7M | 25.8M | 25.8M | 27.8M | 27.3M | 29.5M | 23.81M | 25.17M |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3M | 0 | 0 | 0 | 2.6M | 2.1M | 0 | 1.9M | 1.6M | 1.5M | 0 | 0 | 0 |
| Deferred Taxes | 2.2M | 21.34M | -10.17M | -12.78M | -5.4M | -7.3M | -6.15M | -1.7M | -4.3M | 729.81K | 4.13M | 300K | 1.1M | 4.35M | 0 | 0 | 2.6M | 22.28M | -965.86K | 384.21K |
| Other Non-Cash Items | 300K | 3.92M | 82.64M | 802.23K | 1.1M | 8.04M | -869.63K | 1.2M | 3.3M | 6.43M | 506.2K | 2M | -800K | 12.32M | -21.2M | 19.2M | -5.2M | -3.16M | 585.53K | -11.21M |
| Working Capital Changes | -42.4M | 54.06M | 29.64M | 26.76M | -35.9M | 39.2M | -33.91M | -24M | -22.3M | 24.27M | 9.13M | 35.9M | 37.7M | 39.68M | -4.1M | -101.4M | -86.5M | -28.62M | -10.23M | -20.1M |
| Change in Receivables | -60.2M | 52.36M | 6.82M | 15.47M | -56.7M | 40.08M | 12.67M | -6.1M | -33.2M | 31.75M | -950.59K | 63.6M | 35.4M | 47.79M | -11.4M | -54.2M | -83.6M | 9.11M | -3.43M | -40.51M |
| Change in Inventory | 21.9M | 1.76M | 7.94M | 26.74M | 1.2M | -1.54M | -12.41M | -8.9M | 3.5M | -1.32M | -12.59M | 500K | 5.7M | 3.2M | 3.4M | -43.1M | -25.6M | -34.74M | -10.82M | -26.36M |
| Change in Payables | -15.2M | 11.7M | 5.22M | -18.34M | 17.2M | -6.31M | -13.37M | 900K | 4.2M | 5.42M | 4.53M | -9.7M | 1.4M | -9.92M | 0 | 0 | 20.7M | 50.48M | 1.58M | -576.92K |
| Cash from Investing | -36.1M | -48.57M | -43.31M | -44.95M | -29.2M | -66.72M | -49.67M | -54.7M | -33.1M | -60.14M | -42.15M | -38.6M | -30.5M | -68.51M | -58.4M | -59.9M | -48.8M | -95.77M | -53.52M | -31.11M |
| Capital Expenditures | -36.1M | -48.57M | -43.31M | -44.95M | -29.2M | -66.72M | -49.67M | -54.7M | -33.1M | -60.14M | -42.15M | -38.6M | -30.5M | -68.51M | -58.4M | -59.9M | -48.8M | -95.77M | -53.52M | -31.11M |
| CapEx % of Revenue | 7.86% | 11.8% | 9.61% | 9.64% | 6.11% | 15.37% | 10.72% | 11.47% | 6.58% | 12.85% | 9.04% | 8.41% | 6.09% | 14.82% | 10.75% | 11.07% | 10.07% | 24.39% | 13.62% | 7.76% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | 44.3M | -35.65M | -16.63M | -7.26M | 21.8M | -32.48M | 97.14M | 16.5M | 7.1M | -30.05M | -44.44M | -58.2M | -62.5M | -12.82M | 29.3M | 86.7M | 51.4M | 78.35M | 9.09M | -42.18M |
| Debt Issued (Net) | 46.3M | -34.83M | -15.28M | -10.3K | 42.8M | -23.25M | 109.7M | -1.3M | 8.3M | -22.94M | -33.8M | 5.3M | -31.9M | -7.37M | 17.3M | 15.6M | 52.6M | 81.12M | 9.09M | -42.18M |
| Equity Issued (Net) | -800K | 365.86K | -184.1K | -5.96M | -19.8M | -8.14M | -11.31M | -6.8M | 0 | -5.96M | -9.44M | -20.2M | -29.3M | -4.17M | 200K | -400K | 0 | 35.42K | 596 | -17 |
| Dividends Paid | -1.2M | -1.19M | -1.17M | -1.29M | -1.2M | -1.1M | -1.25M | -1.2M | -1.2M | -1.15M | -1.21M | -1.2M | -1.3M | -1.27M | -1.3M | -1.3M | -1.2M | 0 | 0 | 0 |
| Share Repurchases | -800K | 365.86K | -184.1K | -5.96M | -19.8M | -8.14M | -11.31M | -6.8M | 0 | -5.96M | -9.44M | -20.2M | -29.3M | -4.17M | 200K | -400K | 0 | 0 | 0 | 0 |
| Other Financing | -2 | 0 | 0 | 0 | 0 | 4.86K | -2.89K | 25.8M | 0 | 0 | 0 | -42.1M | 0 | -5.67K | 13.1M | 72.8M | 0 | -2.8M | 0 | 0 |
| Net Change in Cash | -8.7M | 9.4M | 8.7M | 3.6M | -5.7M | -8.5M | 19M | -9.7M | 3.7M | -18.9M | -18.2M | 500K | 13.4M | 20.3M | 2.1M | 500K | -27.2M | 6.17M | -11.72M | 11.42M |
| Free Cash Flow | -53.2M | 44.35M | 25.39M | 10.83M | -28.8M | 25.72M | -80M | -25.4M | -800K | 8.39M | 25.71M | 59.5M | 77.6M | 25.85M | -24.2M | -83M | -76.6M | -74.67M | -19.31M | 52.19M |
| FCF Margin % | -11.58% | 10.77% | 5.63% | 2.32% | -6.03% | 5.92% | -17.26% | -5.32% | -0.16% | 1.79% | 5.51% | 12.97% | 15.5% | 5.59% | -4.46% | -15.34% | -15.81% | -19.02% | -4.91% | 13.02% |
| FCF Growth % | -84.72% | 72.38% | 131.74% | 142.65% | -3500% | 206.48% | -411.16% | -142.69% | -101.03% | -67.52% | 206.24% | 171.69% | 201.31% | 134.61% | -25.35% | -259.02% | -201.31% | -969.35% | 36.42% | 10.67% |
| FCF per Share | -0.94 | 0.79 | 0.45 | 0.19 | -0.50 | 0.45 | -1.36 | -0.43 | -0.01 | 0.14 | 0.43 | 1.00 | 1.28 | 0.42 | -0.40 | -1.36 | -1.26 | -1.23 | -0.32 | 0.86 |
| FCF Conversion (FCF/Net Income) | 1.73x | -4.40x | -1.02x | 6.20x | 0.04x | 5.37x | 1.50x | 1.43x | 1.21x | 13.99x | 2.59x | 3.26x | 2.56x | 7.73x | 1.08x | -0.78x | -0.86x | 19.18x | 1.63x | 0.94x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |