Stantec Inc cash flow statement

In fiscal 2025, Stantec Inc's operations generated $618m of cash; it spent $0 on capital projects, leaving free cash flow of $618m. It returned $72.3m in dividends.

Cash flow statement

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

Stantec Inc: cash flow statement, annual
Fiscal year	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash from operations	216	203	133	341	450	317	234	385	440	618
Depreciation and amortisation	96	97	50	50	40	48	80	76	90	106
Stock-based pay	7	7	—	—	12	37	20	45	31	29
Capital spending	44	45	96	43	23	37	53	0	0	0
Free cash flow	172	158	37	298	427	280	181	385	440	618
Free cash flow after stock pay	165	151	—	—	415	243	161	341	409	589
Dividends paid	35	43	47	48	51	58	60	63	69	72
Share buybacks	14	11	58	31	60	40	50	7	—	—

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 Stantec Inc's SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Stantec Inc.