| CHF billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 14.3 | 13.9 | 12.4 | 11.5 | 8.3 | 12.9 | +55.6% | |
| Depreciation & amortization | 4.6 | 4.4 | 3.8 | 3.5 | 3.4 | 3.4 | −1.1% | |
| Stock-based compensation | 0.7 | 0.7 | 0.7 | 0.8 | 0.9 | 0.0 | −100.0% | |
| Change in working capital | (2.1) | (1.0) | (2.4) | (1.1) | 1.2 | (1.7) | −242.7% | |
| Operating cash flow | 18.2 | 20.6 | 17.9 | 16.1 | 19.2 | 17.8 | −7.0% | |
| Capital expenditure | (6.7) | (4.5) | (4.6) | (3.7) | (3.5) | (3.7) | −6.2% | |
| Acquisitions | (1.1) | (2.3) | (0.2) | (5.5) | (2.7) | (2.9) | −9.0% | |
| Investing cash flow | (9.1) | (6.6) | (3.6) | (10.8) | (11.6) | (8.7) | +25.1% | |
| Dividends paid | (7.7) | (7.8) | (7.4) | (7.6) | (7.7) | (8.4) | −9.6% | |
| Share buybacks | (2.1) | (19.0) | (1.3) | (1.1) | (1.1) | (1.0) | +12.7% | |
| Debt issued / repaid | 0.7 | 16.7 | (5.7) | 6.3 | 3.8 | (0.2) | −104.1% | |
| Financing cash flow | (9.2) | (12.7) | (15.7) | (4.2) | (5.7) | (10.2) | −79.4% | |
| Free cash flow | 11.5 | 16.0 | 13.3 | 12.4 | 15.7 | 14.1 | −10.0% | |
| Net change in cash | (0.3) | 1.1 | (1.9) | 0.4 | 1.6 | (1.4) | −187.1% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
