Albertsons Companies, Inc. (ACI) Cash Flow Statement
Where ACI’s cash came from and went, FY2026
February 28, 2026 · U.S. dollars- Cash from operations
- $2.37B −11.7% vs FY2025
- Capital expenditures
- $1.84B 2.2% of revenue
- Free cash flow
- $527.3M 0.6% margin
- Returned to shareholders
- $1.80B 342% of free cash flow
- Change in cash
- −$94.9M cash at year-end $203.0M
Drawn to scale: where the cash came from and how it was used. Hover for values.
ACI operating cash flow, capex and free cash flow
ACI cash flow trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | $1.81BFY2017 | $2.37BFY2026 | +3.0%/yr | |
| Capital expenditures | $1.41BFY2017 | $1.84BFY2026 | +3.0%/yr | |
| Free cash flow | $398.6MFY2017 | $527.3MFY2026 | +3.2%/yr | |
| Free cash flow margin | 0.7%FY2017 | 0.6%FY2026 | 0.0 pts | |
| Operating cash flow / net income | 22.00FY2018 | 10.89FY2026 | −11.12 | |
| Stock-based compensation | $53.3MFY2017 | $95.5MFY2026 | +6.7%/yr | |
| Dividends paid | $250.0MFY2017 | $322.7MFY2026 | +2.9%/yr | |
| Share buybacks (net) | $17.4MFY2017 | $1.48BFY2026 | +63.8%/yr | |
| Capex / revenue | 2.4%FY2017 | 2.2%FY2026 | −0.2 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
ACI cash flow by activity
ACI net income vs operating cash flow
Operating cash flow above net income usually means earnings are backed by cash (depreciation and stock-based pay are non-cash expenses).
ACI cash flow statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||
| Net income | $217.4M | $958.6M | $1.30B | $1.51B | $1.62B | $850.2M | $466.4M | $131.1M | $46.3M | −$373.3M |
| Depreciation & amortization | $2.64B | $2.50B | $2.44B | $2.46B | $2.31B | $2.12B | $2.26B | $1.74B | $1.90B | $1.80B |
| Stock-based compensation | $95.5M | $106.2M | $104.5M | $138.3M | $101.2M | $59.0M | $32.8M | $47.7M | $45.9M | $53.3M |
| Change in working capital | −$391.5M | −$810.3M | −$1.16B | −$1.40B | −$543.6M | $411.3M | −$575.9M | $176.2M | −$222.1M | $251.9M |
| Other non-cash items | −$195.6M | −$73.0M | −$20.9M | $138.8M | $31.0M | $463.6M | −$281.0M | −$405.9M | −$749.4M | $76.8M |
| Cash from operating activities | $2.37B | $2.68B | $2.66B | $2.85B | $3.51B | $3.90B | $1.90B | $1.69B | $1.02B | $1.81B |
| Investing activities | ||||||||||
| Capital expenditures | −$1.84B | −$1.93B | −$2.03B | −$2.15B | −$1.61B | −$1.63B | −$1.48B | −$1.36B | −$1.55B | −$1.41B |
| Investments (net) | — | −$1.89B | −$1.75B | −$1.98B | −$1.54B | −$1.57B | −$378.5M | −$86.8M | −$469.6M | −$1.08B |
| Acquisitions & other investing | $160.0M | $1.93B | $2.03B | $2.15B | $1.61B | $1.63B | $1.48B | $1.36B | $1.55B | $1.41B |
| Cash from investing activities | −$1.68B | −$1.89B | −$1.75B | −$1.98B | −$1.54B | −$1.57B | −$378.5M | −$86.8M | −$469.6M | −$1.08B |
| Financing activities | ||||||||||
| Dividends paid | −$322.7M | −$295.1M | −$277.0M | −$4.24B | −$322.0M | −$159.7M | −$159.7M | −$159.7M | −$250.0M | −$250.0M |
| Share repurchases & issuance (net) | −$1.48B | −$82.5M | −$38.8M | −$44.0M | −$29.4M | −$1.88B | −$18.8M | −$25.8M | −$17.5M | −$17.4M |
| Net borrowing (repayment) | $1.11B | −$261.5M | −$870.1M | $992.1M | −$344.8M | −$432.6M | −$1.91B | −$1.21B | −$550.2M | $97.2M |
| Shares issued | $0 | $0 | $0 | $0 | $0 | $1.68B | $0 | $0 | $0 | $0 |
| Other financing | −$91.2M | −$45.0M | $2.5M | −$76.2M | −$93.3M | −$248.3M | $76.2M | $81.3M | −$280.4M | $72.4M |
| Cash from financing activities | −$782.2M | −$684.1M | −$1.18B | −$3.37B | −$789.5M | −$1.04B | −$2.01B | −$1.31B | −$1.10B | −$97.8M |
| Summary | ||||||||||
| Net change in cash | −$94.9M | $104.7M | −$270.6M | −$2.49B | $1.19B | $1.29B | −$488.8M | $286.9M | −$548.9M | $639.5M |
| Cash at end of period | $203.0M | $297.9M | $193.2M | $463.8M | $2.95B | $1.77B | $478.9M | $967.7M | $670.3M | $1.22B |
| Free cash flow | $527.3M | $749.4M | $628.2M | $700.0M | $1.91B | $2.27B | $428.8M | $325.3M | −$528.2M | $398.6M |
| Free cash flow margin | 0.6% | 0.9% | 0.8% | 0.9% | 2.7% | 3.3% | 0.7% | 0.5% | −0.9% | 0.7% |
| Capex / revenue | 2.2% | 2.4% | 2.6% | 2.8% | 2.2% | 2.3% | 2.4% | 2.3% | 2.6% | 2.4% |
| Operating cash flow / net income | 10.89 | 2.80 | 2.05 | 1.89 | 2.17 | 4.59 | 4.08 | 12.87 | 22.00 | — |
| Aug '26 | May '26 | Feb '26 | Nov '25 | Aug '25 | May '25 | Feb '25 | Nov '24 | Aug '24 | May '24 | Feb '24 | Nov '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||
| Net income | $51.5M | $84.7M | −$480.8M | $293.3M | $168.5M | $236.4M | $171.8M | $400.6M | $145.5M | $240.7M | $250.5M | $361.4M |
| Depreciation & amortization | $609.8M | $812.8M | $661.4M | $596.0M | $596.7M | $786.8M | $580.2M | $580.7M | $578.6M | $759.6M | $573.6M | $568.4M |
| Stock-based compensation | $14.4M | $31.4M | $21.9M | $21.2M | $18.7M | $33.7M | $18.3M | $21.7M | $29.5M | $36.7M | $24.0M | $23.3M |
| Change in working capital | $108.9M | −$173.5M | $676.8M | −$528.6M | −$322.4M | −$217.3M | −$84.9M | −$330.7M | −$355.0M | −$39.7M | $96.2M | −$587.3M |
| Other non-cash items | $2.2M | −$26.5M | −$162.2M | −$14.3M | $66.1M | −$85.2M | $73.1M | −$124.3M | $14.6M | −$36.4M | −$15.6M | $17.1M |
| Cash from operating activities | $786.8M | $728.9M | $717.1M | $367.6M | $527.6M | $754.4M | $758.5M | $548.0M | $413.2M | $960.9M | $928.7M | $382.9M |
| Investing activities | ||||||||||||
| Capital expenditures | −$377.5M | −$522.1M | −$426.6M | −$462.3M | −$365.9M | −$584.6M | −$484.5M | −$494.4M | −$409.3M | −$543.0M | −$496.3M | −$450.7M |
| Investments (net) | — | — | — | — | −$363.8M | −$474.1M | −$475.3M | −$491.2M | −$387.3M | −$538.0M | −$417.9M | −$438.7M |
| Acquisitions & other investing | $27.2M | $14.4M | $32.6M | $14.8M | $365.9M | $584.6M | $484.5M | $494.4M | $409.3M | $543.0M | $496.3M | $450.7M |
| Cash from investing activities | −$350.3M | −$507.7M | −$394.0M | −$447.5M | −$363.8M | −$474.1M | −$475.3M | −$491.2M | −$387.3M | −$538.0M | −$417.9M | −$438.7M |
| Financing activities | ||||||||||||
| Dividends paid | −$82.6M | −$84.0M | −$76.0M | −$77.1M | −$83.9M | −$85.7M | −$86.6M | −$69.5M | −$69.5M | −$69.5M | −$69.1M | −$69.1M |
| Share repurchases & issuance (net) | −$173.9M | −$224.9M | −$278.5M | −$649.6M | −$235.3M | −$314.8M | −$82.5M | −$500,000 | −$2.9M | −$38.6M | −$1.7M | −$2.0M |
| Net borrowing (repayment) | — | $207.2M | −$91.6M | $898.7M | $288.1M | $14.7M | −$19.7M | −$64.5M | $35.4M | — | — | — |
| Shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other financing | −$191.4M | −$27.5M | $125.1M | −$166.2M | −$13.0M | −$37.1M | −$3.0M | $0 | $0 | −$212.7M | −$474.0M | $83.6M |
| Cash from financing activities | −$447.9M | −$129.2M | −$321.0M | $5.8M | −$44.1M | −$422.9M | −$191.8M | −$134.5M | −$37.0M | −$320.8M | −$544.8M | $12.5M |
| Summary | ||||||||||||
| Net change in cash | −$13.0M | $92.0M | $2.1M | −$74.1M | $119.7M | −$142.6M | $91.4M | −$77.7M | −$11.1M | $102.1M | −$34.0M | −$43.3M |
| Cash at end of period | $282.0M | $295.0M | $203.0M | $200.9M | $275.0M | $155.3M | $297.9M | $206.5M | $284.2M | $295.3M | $193.2M | $227.2M |
| Free cash flow | $409.3M | $206.8M | $290.5M | −$94.7M | $161.7M | $169.8M | $274.0M | $53.6M | $3.9M | $417.9M | $432.4M | −$67.8M |
| Free cash flow margin | 2.2% | 0.8% | 1.4% | −0.5% | 0.9% | 0.7% | 1.5% | 0.3% | 0.0% | 1.7% | 2.4% | −0.4% |
| Capex / revenue | 2.0% | 2.1% | 2.1% | 2.4% | 1.9% | 2.3% | 2.6% | 2.6% | 2.2% | 2.2% | 2.7% | 2.4% |
| Operating cash flow / net income | 15.28 | 8.61 | — | 1.25 | 3.13 | 3.19 | 4.42 | 1.37 | 2.84 | 3.99 | 3.71 | 1.06 |
Negative numbers are cash paid out. Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported; data from EODHD.
ACI cash generation
In fiscal 2026 (ended February 28, 2026), Albertsons generated $2.4 billion of cash from operations (down 11.7%) and spent $1.8 billion on capital expenditures, leaving free cash flow of $527.3 million, 0.6% of revenue. It returned $1.8 billion to shareholders through dividends ($322.7 million) and net share buybacks ($1.5 billion). Cash and equivalents fell by $94.9 million over the year.
Related: ACI income statement, ACI balance sheet, ACI dividend history. See the ACI stock overview for the latest quote and news.
ACI cash flow FAQ
What is Albertsons's free cash flow?
Albertsons's free cash flow was $527.3 million in fiscal 2026: $2.4 billion of operating cash flow minus $1.8 billion of capital expenditures It was $749.4 million a year earlier..
How much cash does Albertsons generate from operations?
Albertsons generated $2.4 billion of cash from operating activities in fiscal 2026, 10.89 times its net income of $217.4 million.
How much does Albertsons spend on capital expenditures?
Albertsons spent $1.8 billion on capital expenditures in fiscal 2026, 2.2% of revenue, compared with $1.9 billion the year before.
How much stock does Albertsons buy back?
Albertsons spent $1.5 billion on net share repurchases in fiscal 2026.
How much does Albertsons pay in dividends?
Albertsons paid $322.7 million in dividends in fiscal 2026, 61.2% of free cash flow.