For the year ending 2025-12-31, PRGO had -$24,900K decrease in cash & cash equivalents over the period. $145,100K in free cash flow.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income (loss) | - | -171,800 | -12,700 | -140,600 |
| Depreciation and amortization | - | 325,900 | 359,500 | 338,600 |
| Impairment charges | - | 88,900 | 90,000 | 0 |
| Share-based compensation | - | 64,400 | 68,800 | 54,900 |
| Restructuring charges | - | 99,900 | 41,100 | 42,500 |
| Settlement of interest rate derivatives | - | 41,200 | - | - |
| Amortization of debt discount | - | 8,900 | 2,300 | -700 |
| Gain on sale of assets | - | - | 4,100 | 0 |
| Gain (loss) on sale of business | - | 6,400 | 0 | 0 |
| Foreign currency remeasurement loss | - | 0 | 0 | -39,400 |
| Gain on sale of assets | - | 28,100 | - | - |
| Dedesignation of interest rate swap agreements | - | -14,400 | - | - |
| Deferred income taxes | - | 9,800 | -106,600 | -50,500 |
| Other non-cash adjustments, net | - | -9,500 | 25,700 | 3,700 |
| Subtotal | 339,600 | - | - | 287,300 |
| Accounts receivable | -30,700 | 11,100 | 57,100 | -100 |
| Inventories | 61,100 | -13,700 | -19,400 | 76,700 |
| Prepaid expenses | - | - | - | -25,900 |
| Prepaid expenses and other current assets | -8,400 | -20,100 | -47,500 | - |
| Accounts payable | -28,700 | 54,200 | -65,900 | 100,300 |
| Payroll and related taxes | -63,400 | -94,400 | -52,800 | -38,200 |
| Accrued customer programs | -26,200 | -25,600 | 23,200 | 11,200 |
| Accrued liabilities | - | - | 6,600 | 10,100 |
| Other accrued liabilities | -16,500 | -1,300 | - | - |
| Accrued income taxes | 55,900 | -31,800 | -12,900 | -47,900 |
| Other long term liabilities | -200 | - | - | - |
| Other operating, net | 0 | -1,500 | -33,500 | -35,200 |
| Subtotal | 101,100 | - | - | -20,000 |
| Net cash from operating activities | 238,500 | 362,900 | 405,500 | 307,300 |
| Proceeds from royalty rights | 5,600 | 5,200 | 19,800 | 3,300 |
| Acquisitions of businesses, net of cash acquired | - | 0 | 0 | 2,011,400 |
| Purchase of equity method investment | - | - | - | 0 |
| Asset acquisitions, net | -1,500 | -13,300 | 4,400 | - |
| Asset (acquisitions) sales, net | - | - | - | 25,500 |
| Settlement of foreign currency derivatives | 0 | 48,200 | - | - |
| Settlement of acquisition-related foreign currency derivatives | - | - | 0 | 61,700 |
| Proceeds from sale of assets | 0 | 37,900 | - | - |
| Additions to property, plant and equipment | 93,400 | 118,300 | 101,700 | 96,400 |
| Net proceeds from sale of businesses | 14,400 | 215,500 | 0 | 58,700 |
| Other investing, net | 500 | - | 0 | 0 |
| Net cash (for) from investing activities | -75,400 | 78,800 | -77,500 | -1,958,600 |
| Borrowings (repayments) of revolving credit agreements and other financing, net | - | - | - | -11,700 |
| Issuances of long-term debt | 0 | 1,091,200 | 295,100 | 1,587,300 |
| Payments on long-term debt | 34,800 | 1,529,000 | 325,300 | 958,900 |
| Deferred financing fees | - | - | - | 20,900 |
| Premiums on early debt retirement | - | 0 | 0 | 0 |
| Payments for debt issuance costs | 0 | 4,700 | 0 | 12,200 |
| Repurchase of ordinary shares | - | - | - | 0 |
| Cash dividends | 159,300 | 152,500 | 149,700 | 142,400 |
| Shares used to settle taxes | 19,100 | - | - | - |
| Other financing, net | -7,300 | -16,000 | -7,300 | -19,600 |
| Net cash for financing activities | -220,500 | -611,000 | -187,200 | 421,600 |
| Effect of exchange rate changes on cash and cash equivalents | 32,500 | -23,200 | 9,800 | -48,900 |
| Net (decrease) increase in cash and cash equivalents | -24,900 | -192,500 | 150,600 | -1,278,600 |
| Cash and cash equivalents of continuing operations, beginning of period | 558,800 | 751,300 | 600,700 | - |
| Less cash and cash equivalents held for sale, end of period | 2,300 | - | - | - |
| Cash and cash equivalents of continuing operations, end of period | 531,600 | 558,800 | 751,300 | - |
PERRIGO Co plc (PRGO)
PERRIGO Co plc (PRGO)