Concrete Pumping Holdings, Inc. (BBCP) Cash Flow Statement
Where BBCP’s cash came from and went, FY2025
October 31, 2025 · U.S. dollars- Cash from operations
- $64.3M −26.0% vs FY2024
- Capital expenditures
- $46.8M 11.9% of revenue
- Free cash flow
- $17.5M 4.5% margin
- Returned to shareholders
- $67.3M 384% of free cash flow
- Change in cash
- $1.4M cash at year-end $44.4M
Drawn to scale: where the cash came from and how it was used. Hover for values.
BBCP operating cash flow, capex and free cash flow
BBCP cash flow trends, FY2016–FY2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | $35.8MFY2016 | $64.3MFY2025 | +6.7%/yr | |
| Capital expenditures | $22.6MFY2016 | $46.8MFY2025 | +8.4%/yr | |
| Free cash flow | $13.2MFY2016 | $17.5MFY2025 | +3.2%/yr | |
| Free cash flow margin | 7.6%FY2016 | 4.5%FY2025 | −3.2 pts | |
| Operating cash flow / net income | 5.70FY2016 | 10.09FY2025 | +4.39 | |
| Stock-based compensation | $109,424FY2016 | $2.0MFY2025 | +38.5%/yr | |
| Dividends paid | $4.8MFY2016 | $53.1MFY2025 | +30.5%/yr | |
| Share buybacks (net) | $0FY2017 | $14.2MFY2025 | — | |
| Capex / revenue | 13.1%FY2016 | 11.9%FY2025 | −1.2 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
BBCP cash flow by activity
BBCP 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).
BBCP cash flow statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||
| Net income | $6.4M | $16.2M | $31.8M | $28.7M | −$15.1M | −$61.3M | −$32.5M | $28.4M | −$317,666 | $6.3M |
| Depreciation & amortization | $53.5M | $57.1M | $58.7M | $57.5M | $55.9M | $61.7M | $55.4M | $25.6M | $27.2M | $22.3M |
| Stock-based compensation | $2.0M | $2.4M | $3.8M | $5.0M | $6.6M | $11.5M | $3.6M | $281,000 | $362,345 | $109,424 |
| Change in working capital | −$7.3M | $2.8M | −$1.2M | −$14.9M | −$697,000 | $7.9M | −$8.7M | −$3.1M | $450,765 | $2.0M |
| Other non-cash items | $9.6M | $8.4M | $3.8M | $408,000 | $29.1M | $59.2M | $12.8M | −$11.6M | −$28.1M | $5.1M |
| Cash from operating activities | $64.3M | $86.9M | $96.9M | $76.7M | $75.8M | $79.0M | $30.7M | $39.6M | −$461,935 | $35.8M |
| Investing activities | ||||||||||
| Capital expenditures | −$46.8M | −$43.8M | −$55.3M | −$103.4M | −$63.5M | −$39.3M | −$36.2M | −$31.7M | −$23.7M | −$22.6M |
| Investments (net) | — | −$32.1M | −$44.2M | −$124.1M | −$56.6M | −$35.9M | — | −$49.5M | — | — |
| Acquisitions & other investing | $9.5M | $43.8M | $55.3M | $103.4M | $63.5M | $39.3M | −$339.0M | $31.7M | −$210.9M | −$6.4M |
| Cash from investing activities | −$37.3M | −$32.1M | −$44.2M | −$124.1M | −$56.6M | −$35.9M | −$375.2M | −$49.5M | −$234.6M | −$29.0M |
| Financing activities | ||||||||||
| Dividends paid | −$53.1M | $0 | — | −$89,000 | — | — | — | — | −$4.8M | −$4.8M |
| Share repurchases & issuance (net) | −$14.2M | −$10.2M | −$10.5M | −$4.1M | −$330,000 | −$131,000 | −$24.9M | $0 | $235.9M | — |
| Net borrowing (repayment) | $50.0M | −$18.9M | −$33.2M | $50.3M | −$7.2M | −$42.6M | $410.0M | $12.4M | $62.6M | −$14.8M |
| Shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other financing | −$8.4M | $326,000 | −$613,000 | −$112,000 | −$8.5M | −$1.2M | −$38.8M | $600,000 | −$57.7M | $4.8M |
| Cash from financing activities | −$25.8M | −$28.8M | −$44.3M | $46.0M | −$16.0M | −$43.9M | $346.3M | $13.0M | $235.9M | −$14.8M |
| Summary | ||||||||||
| Net change in cash | $1.4M | $27.2M | $8.4M | −$1.8M | $2.6M | −$737,000 | −$1.1M | $1.7M | −$2.4M | −$8.0M |
| Cash at end of period | $44.4M | $43.0M | $15.9M | $7.5M | $9.3M | $6.7M | $7.5M | $8.6M | $828,555 | $3.2M |
| Free cash flow | $17.5M | $43.1M | $41.6M | −$26.7M | $12.3M | $39.6M | −$5.5M | $7.9M | −$24.1M | $13.2M |
| Free cash flow margin | 4.5% | 10.1% | 9.4% | −6.7% | 3.9% | 13.0% | −2.0% | 3.2% | −11.4% | 7.6% |
| Capex / revenue | 11.9% | 10.3% | 12.5% | 25.8% | 20.1% | 12.9% | 12.8% | 13.0% | 11.2% | 13.1% |
| Operating cash flow / net income | 10.09 | 5.36 | 3.05 | 2.67 | — | — | — | 1.40 | — | 5.70 |
| Jul '26 | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||
| Net income | $4.9M | $2.5M | −$2.4M | $5.3M | $3.7M | −$4,000 | −$2.6M | $9.4M | $7.6M | $3.0M | −$3.8M | $9.4M |
| Depreciation & amortization | $13.2M | $12.9M | $12.9M | $13.1M | $13.6M | $13.6M | $13.2M | $14.3M | $14.5M | $14.2M | $14.1M | $14.8M |
| Stock-based compensation | $1.3M | $1.0M | $618,000 | $617,000 | $526,000 | $538,000 | $367,000 | $477,000 | $644,000 | $737,000 | $536,000 | $709,000 |
| Change in working capital | $963,000 | −$10.3M | $10.3M | −$9.1M | −$2.0M | $9.8M | −$6.0M | −$4.7M | $8.0M | −$11.3M | $10.7M | $1.4M |
| Other non-cash items | $3.8M | $2.0M | −$18,000 | $4.5M | $3.3M | $770,000 | $1.1M | $2.9M | $4.3M | $2.4M | −$1.2M | $4.4M |
| Cash from operating activities | $24.1M | $8.1M | $21.4M | $14.5M | $19.1M | $24.7M | $6.0M | $22.4M | $35.0M | $9.1M | $20.3M | $30.6M |
| Investing activities | ||||||||||||
| Capital expenditures | −$20.4M | −$10.1M | −$9.5M | −$12.6M | −$14.7M | −$13.7M | −$5.8M | −$6.3M | −$8.7M | −$11.1M | −$17.8M | −$11.3M |
| Investments (net) | — | — | — | — | −$11.9M | −$12.4M | −$3.9M | −$2.1M | −$6.4M | −$7.1M | −$16.5M | −$16.5M |
| Acquisitions & other investing | $1.3M | −$9.7M | $1.2M | $3.5M | $14.7M | $13.7M | $5.8M | $6.3M | $8.7M | $11.1M | $17.8M | $19.6M |
| Cash from investing activities | −$19.1M | −$19.8M | −$8.3M | −$9.1M | −$11.9M | −$12.4M | −$3.9M | −$2.1M | −$6.4M | −$7.1M | −$16.5M | −$8.2M |
| Financing activities | ||||||||||||
| Dividends paid | $0 | — | — | −$53.1M | $0 | −$53.1M | — | — | $0 | — | — | — |
| Share repurchases & issuance (net) | −$120,000 | −$2.6M | −$4.6M | −$1.9M | −$3.8M | −$5.9M | −$2.6M | −$3.0M | −$4.1M | −$1.9M | −$1.1M | −$826,000 |
| Net borrowing (repayment) | −$577,000 | $577,000 | $0 | −$1,000 | $0 | $0 | $50.0M | $20,000 | −$16.4M | — | — | — |
| Shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other financing | −$74,000 | −$416,000 | −$324,000 | $53.1M | −$78,000 | −$910,000 | −$7.4M | −$1.0M | −$66,000 | $3.4M | −$4.5M | −$16.7M |
| Cash from financing activities | −$771,000 | −$2.4M | −$4.9M | −$1.9M | −$3.9M | −$60.0M | $40.0M | −$4.0M | −$20.6M | $1.4M | −$5.6M | −$17.6M |
| Summary | ||||||||||||
| Net change in cash | $4.3M | −$14.3M | $8.6M | $3.4M | $3.2M | −$47.3M | $42.1M | $16.7M | $8.4M | $3.3M | −$1.2M | $4.3M |
| Cash at end of period | $43.0M | $38.7M | $53.0M | $44.4M | $41.0M | $37.8M | $85.1M | $43.0M | $26.3M | $18.0M | $14.7M | $15.9M |
| Free cash flow | $3.8M | −$2.0M | $11.9M | $1.9M | $4.3M | $11.1M | $191,000 | $16.1M | $26.4M | −$1.9M | $2.5M | $19.3M |
| Free cash flow margin | 3.2% | −1.8% | 13.1% | 1.8% | 4.2% | 11.8% | 0.2% | 14.4% | 24.0% | −1.8% | 2.6% | 16.1% |
| Capex / revenue | 17.4% | 9.5% | 10.5% | 11.5% | 14.2% | 14.5% | 6.8% | 5.7% | 7.9% | 10.3% | 18.2% | 9.4% |
| Operating cash flow / net income | 4.90 | 3.19 | — | 2.72 | 5.16 | — | — | 2.38 | 4.63 | 3.00 | — | 3.26 |
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.
BBCP cash generation
In fiscal 2025 (ended October 31, 2025), Concrete Pumping generated $64.3 million of cash from operations (down 26.0%) and spent $46.8 million on capital expenditures, leaving free cash flow of $17.5 million, 4.5% of revenue. It returned $67.3 million to shareholders through dividends ($53.1 million) and net share buybacks ($14.2 million). Cash and equivalents rose by $1.4 million over the year.
Related: BBCP income statement, BBCP balance sheet, BBCP dividend history. See the BBCP stock overview for the latest quote and news.
BBCP cash flow FAQ
What is Concrete Pumping's free cash flow?
Concrete Pumping's free cash flow was $17.5 million in fiscal 2025: $64.3 million of operating cash flow minus $46.8 million of capital expenditures It was $43.1 million a year earlier..
How much cash does Concrete Pumping generate from operations?
Concrete Pumping generated $64.3 million of cash from operating activities in fiscal 2025, 10.09 times its net income of $6.4 million.
How much does Concrete Pumping spend on capital expenditures?
Concrete Pumping spent $46.8 million on capital expenditures in fiscal 2025, 11.9% of revenue, compared with $43.8 million the year before.
How much stock does Concrete Pumping buy back?
Concrete Pumping spent $14.2 million on net share repurchases in fiscal 2025.
How much does Concrete Pumping pay in dividends?
Concrete Pumping paid $53.1 million in dividends in fiscal 2025, 303.1% of free cash flow.