| Cash Flow | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 |
|---|---|---|---|---|
| Net earnings | 216,200 | 246,500 | 165,500 | 116,000 |
| Depreciation and amortization | 18,600 | 36,500 | 28,300 | 21,300 |
| Loss on extinguishment of debt, net | - | 0 | 0 | -17,600 |
| Non-cash stock-based compensation expense | 22,100 | 21,000 | 14,200 | 9,800 |
| Deferred income taxes | -20,400 | -8,700 | -6,000 | -4,000 |
| Other, net | -700 | -1,900 | -1,200 | -1,400 |
| (increase) decrease in receivables | 1,300 | 51,600 | -5,500 | 70,700 |
| (increase) decrease in inventories | 43,100 | 90,900 | -6,400 | 83,900 |
| Increase in prepaid expenses and other current assets | 2,300 | 1,700 | 800 | -1,100 |
| Decrease (increase) in other assets | -400 | 2,500 | 1,800 | -2,300 |
| Increase in accounts payable and other current liabilities | 69,600 | 49,200 | 3,100 | 10,300 |
| Increase (decrease) in non-current liabilities | 100 | -100 | 0 | -200 |
| Net cash provided by operating activities | 260,600 | 199,600 | 215,600 | 21,000 |
| Additions to property | 4,700 | 1,800 | 1,800 | 1,800 |
| Net cash used in investing activities | -4,700 | -1,800 | -1,800 | -1,800 |
| Proceeds from issuance of long-term debt | 700,000 | 0 | 115,000 | 164,000 |
| Payment of merger consideration | - | 0 | 0 | 115,500 |
| Proceeds from issuance of common stock, net of issuance costs | - | - | - | 0 |
| Repayments of long-term debt | 450,000 | 25,000 | 189,000 | 674,900 |
| Purchases of treasury stock | 474,900 | 146,600 | 125,500 | 42,800 |
| Payments of deferred financing fees | 2,100 | 0 | 0 | 11,900 |
| Tax withholding payments related to stock compensation plans | -11,500 | 0 | 0 | 547,200 |
| Other, net | 200 | -3,500 | -2,200 | -1,100 |
| Net cash used in financing activities | -238,300 | -175,100 | -201,700 | -135,000 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | 400 | 0 | 500 | -1,000 |
| Net increase in cash, cash equivalents and restricted cash | 18,000 | 22,700 | 12,600 | -116,800 |
| Cash and cash equivalents at beginning of period | 71,100 | 48,400 | 35,800 | 152,600 |
| Cash and cash equivalents at end of period | 89,100 | 71,100 | 48,400 | 35,800 |
BELLRING BRANDS, INC. (BRBR)
BELLRING BRANDS, INC. (BRBR)