STMicroelectronics N.V. cash flow statement STM

Annual Quarterly

In fiscal 2025, which ended Dec 31, 2025, STMicroelectronics N.V. generated $2.2 billion of cash from operations, down 27.4% from the year before. The company returned $321.0 million in dividends and $367.0 million in share buybacks to shareholders.

USD in millions, except per-share amounts and ratios. The percent under a figure is the change from the year before.

Line	FY 2025 Dec 31, 2025	FY 2024 Dec 31, 2024	FY 2023 Dec 31, 2023	FY 2022 Dec 31, 2022	FY 2021 Dec 31, 2021	FY 2020 Dec 31, 2020	FY 2019 Dec 31, 2019	FY 2018 Dec 31, 2018	FY 2014 Dec 31, 2014	FY 2013 Dec 31, 2013
Operating
Depreciation and amortization	1,854 +5.3%	1,760 +12.7%	1,561 +28.4%	1,216 +16.4%	1,045 +13.2%	923 +8.1%	854 +8.0%	791 +21.7%	811 -10.9%	910 -17.8%
Stock-based compensation	193 -13.1%	222 -5.9%	236 +9.8%	215 -2.7%	221 +42.6%	155 +6.9%	145 +16.0%	125 +104.9%	36 +38.5%	26 +136.4%
Operating cash flow	2,152 -27.4%	2,965 -50.5%	5,992 +15.2%	5,202 +70.0%	3,060 +46.2%	2,093 +12.0%	1,869 +1.3%	1,845	715 +95.4%	366 -40.2%
Investing
Investing cash flow	-43 +98.9%	-3,742 +35.1%	-5,766 -25.6%	-4,591 -202.4%	-1,518 +25.7%	-2,043 -74.3%	-1,172 +3.3%	-1,212	-784 -106.9%	-379 +4.3%
Financing
Debt issued	0 -100.0%	300	—	—	—	—	—	281 +3914.3%	3 -99.4%	477 +2.8%
Debt repaid	—	203 +20.1%	169 +26.1%	134 +0.0%	134 -27.2%	184 +27.8%	144 +39.8%	103 -13.4%	223 +34.3%	166 +52.3%
Short-term debt issued	—	—	—	—	—	—	—	—	—	145 -62.8%
Short-term debt repaid	—	—	—	—	—	—	—	—	—	35 +75.0%
Dividends paid	321 +11.5%	288 +29.1%	223 +5.2%	212 +3.4%	205 +22.0%	168 -21.5%	214 -0.9%	216 +0.9%	354 +2.3%	346 -2.5%
Stock buybacks	367 +2.2%	359 +3.8%	346 +0.0%	346 -28.7%	485 +288.0%	125 -50.0%	250 +303.2%	62 -79.1%	156	—
Financing cash flow	-1,560 -906.5%	-155 +41.9%	-267 +52.9%	-567 +56.8%	-1,314 -477.6%	348 +201.5%	-343 -181.1%	-122	262 +167.5%	-388 -387.4%
Change in cash
Effect of exchange rate	—	—	—	—	—	—	—	-4 -114.8%	-12 +7.7%	-13 +0.0%
Net change in cash	555 +159.0%	-940 -2511.1%	-36 -209.1%	33 -84.9%	219 -45.1%	399 +17.0%	341	—	—	—
Per share
Dividend per share	0.36 +0.0%	0.36	—	—	—	—	—	—	0.40	—
Shareholder returns
Returned to shareholders	688	647	569	558	690	293	464	278	510	346
Ratios
Stock-based compensation to revenue	1.64%	1.67%	1.37%	1.33%	1.73%	1.52%	1.52%	1.29%	0.49%	0.32%
Cash conversion	12.96x	1.90x	1.42x	1.31x	1.53x	1.89x	1.81x	1.43x	5.59x	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and ratios. Capital expenditures, debt repaid, dividends, and buybacks are positive amounts. Investing and financing cash flow keep the filing sign, so an outflow is negative. Free cash flow is operating cash flow minus capital expenditures. Returned to shareholders is dividends plus buybacks. Free cash flow margin, capital expenditures, and stock-based compensation are divided by revenue. Cash conversion is operating cash flow divided by net income. More on our methodology.

Company profile

Industry: Semiconductors & Related Devices (SIC 3674)
Listed as: STM (NYSE), STMEF (OTC)
Fiscal year ends: December 31
Incorporated in: Netherlands
Headquarters: Schiphol Airport, Netherlands
SEC filer status: Large accelerated filer
SEC CIK: 932787
Former names: STMICROELECTRONICS NV (until Feb 11, 2020); SGS THOMSON MICROELECTRONICS NV (until Jun 27, 1997)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.