Navios Maritime Partners L.p. cash flow statement

In fiscal 2025, Navios Maritime Partners L.p.'s operations generated $505m of cash; it spent $224m on capital projects, leaving free cash flow of $281m. It returned $6.0m in dividends.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Navios Maritime Partners L.p.: cash flow statement, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash from operations	81	96	127	179	105	172	123	62	53	68	70	94	277	506	560	483	505
Depreciation and amortisation	16	41	64	72	78	96	76	92	73	58	53	56	113	202	261	292	349
Stock-based pay	—	—	—	—	—	0	0	0	2	2	2	1	1	0	0	0	0
Capital spending	24	292	0	46	341	156	148	15	158	116	21	72	217	434	183	747	224
Free cash flow	57	−196	127	133	−236	15	−25	46	−105	−48	49	22	60	73	377	−264	281
Free cash flow after stock pay	—	—	—	—	—	15	−25	46	−107	−50	47	21	60	72	377	−264	281
Dividends paid	39	72	95	107	122	139	132	0	0	10	14	8	5	6	6	6	6
Share buybacks	—	—	—	—	—	—	—	—	0	0	4	0	0	—	—	—	—

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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Figures from Navios Maritime Partners L.p.'s SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Navios Maritime Partners L.p.