Income StatementBalance SheetCash FlowSegments
Cencora logo

Cencora Cash Flow Statement

Operating, investing, and financing cash movements

Cencora generated $2.3B in operating cash flow over the trailing twelve months. After $718.0M in capital expenditures, free cash flow was $1.6B. Free cash flow decreased 0.6% year-over-year. Based on the Q1 2026 filing.

Net Cash From Operating (TTM)$2.3BNet Cash From Investing (TTM)-$5.7BNet Cash From Financing (TTM)$2.0BCapital Expenditures (TTM)$718.0MNet Change In Cash (TTM)$57.7M
Latest FilingQ1 2026
Report Date2026-05-06
Market Cap$50.8B
P/E Ratio14.08
ROE163.53%

Investing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Acquisitions, net of cash acquired$9.0M$3.9B$56.5M$91.4M$219.7M$4.7B
Capital expenditures$105.9M$129.1M$183.2M$249.8M$119.4M$165.6M
Payment for (Proceeds from) Other Investing Activity$11.3M-$745.0K-$6.2M-$21.7M-$7.4M$9.8M
Payments to Acquire Equity Method Investments$182.0M$10.6M$1.2M$2.5M$10.7M$8.5M
Proceeds from sale of assets$0.0$0.0——$43.1M$717.0K
Net cash from investing activities-$343.0M-$4.1B-$234.7M-$321.9M-$299.3M-$4.9B

Financing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Proceeds from lines of credit$15.5B$28.2B$42.5B$46.0B$23.8B$47.2B
Repayments of debt$45.0M$503.6M$214.8M$517.2M$131.7M$217.8M
Dividends paid$110.9M$111.2M$107.5M$107.5M$126.5M$117.5M
Payments For Repurchase Of Equity$385.5M$50.0M$0.0—$0.0$0.0
Proceeds from issuances of debt$1.8B$1.5B$1.2B$0.0$107.7M$4.5B
Other, net-$16.9M-$1.9M-$6.1M-$444.0K-$5.9M-$893.0K
Repayments of Lines of Credit$13.4B$29.5B$43.2B$46.0B$23.5B$47.4B
Net cash from financing activities$3.2B-$491.7M$215.5M—$43.2M$4.0B
Taxes paid for net share settlement$74.0M$3.6M$116.0K$109.0K$98.2M$7.0M

Operating

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Change in accounts payable-$654.2M-$15.3M$607.6M$3.8B$1.3B-$3.5B
Change in accounts receivable$974.3M-$756.2M$759.6M$945.8M$830.8M-$522.1M
Change in accrued liabilities-$338.1M-$151.3M——-$328.4M$71.0M
Change in inventories$1.7B-$1.7B$984.1M$319.5M$3.5B-$3.4B
Deferred income taxes-$5.1M$26.2M-$16.7M$55.4M$14.4M$178.4M
Net cash from operating activities-$2.7B$3.4B$109.2M$3.1B-$2.3B$1.3B
Net income$493.7M$717.4M$689.7M—$566.1M$1.6B
Amortization$167.8M$140.4M$128.6M$130.3M$129.0M$120.7M
Asset write-downs$0.0$0.0——$249.5M$0.0
Contingent consideration fair value adjustments$0.0$37.5M$37.5M—$42.1M$55.4M
Depreciation$113.6M$123.6M$130.4M$133.7M$135.2M$142.3M
Equity Investment, Remeasurement Gain (Loss)$3.5M-$180.0K$27.3M—$10.5M$0.0
Gain on sale of business and assets-$35.5M$0.0$0.0$0.0$0.0$0.0
Gain (Loss) on Disposition of Other Assets$0.0$0.0——$35.8M$234.0K
Income taxes payable and other liabilities-$51.2M-$94.5M$18.3M-$86.3M-$13.7M-$78.2M
Increase (Decrease) in Prepaid Expense and Other Assets-$70.3M-$24.0M-$143.5M—$14.4M-$68.5M
Türkiye highly inflationary impact$7.7M$18.4M$16.8M$12.7M$8.7M$10.5M
Charges (credits) associated with last-in, first-out inventory method-$7.3M$39.5M-$52.1M-$57.0M-$77.6M-$210.0M
Other Noncash Income (Expense)-$7.0M-$2.8M$39.8M$3.6M-$6.7M$5.7M
Accounts Receivable, Credit Loss Expense (Reversal)$3.9M$8.5M$33.2M$17.8M$13.0K-$4.9M
Stock-based compensation$70.4M$28.5M$23.2M$25.9M$66.1M$28.0M

Free Cash Flow

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Free cash flow-$2.8B$3.2B-$74.0M$2.9B-$2.4B$1.2B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Effect of exchange rate changes on cash-$50.2M$1.7M$6.7M-$8.5M-$24.6M$9.8M
Net increase (decrease) in cash$97.1M-$1.2B$96.8M$2.1B-$2.6B$427.6M