Eaton Vance Senior Floating-Rate Trust (EFR) Cash Flow Statement
Where EFR’s cash came from and went, FY2025
October 31, 2025 · U.S. dollars- Cash from operations
- $56.6M +103.0% vs FY2024
- Capital expenditures
- $0 0.0% of revenue
- Free cash flow
- $56.6M 186.1% margin
- Returned to shareholders
- $37.5M 66% of free cash flow
- Change in cash
- −$2.0M cash at year-end $8.4M
Drawn to scale: where the cash came from and how it was used. Hover for values.
EFR operating cash flow, capex and free cash flow
EFR cash flow trends, FY2016–FY2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | $77.8MFY2016 | $56.6MFY2025 | −3.5%/yr | |
| Capital expenditures | $0FY2016 | $0FY2025 | — | |
| Free cash flow | $77.8MFY2016 | $56.6MFY2025 | −3.5%/yr | |
| Free cash flow margin | 172.2%FY2016 | 186.1%FY2025 | +13.8 pts | |
| Operating cash flow / net income | 1.48FY2016 | 2.50FY2025 | +1.03 | |
| Dividends paid | $35.4MFY2016 | $37.5MFY2025 | +0.7%/yr | |
| Capex / revenue | 0.0%FY2016 | 0.0%FY2025 | 0.0 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
EFR cash flow by activity
EFR 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).
EFR cash flow statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||
| Net income | $22.6M | $51.7M | $54.9M | −$29.5M | $57.6M | −$2.3M | $7.0M | $38.4M | $46.1M | $52.7M |
| Depreciation & amortization | — | — | $96,074 | — | — | — | — | — | — | — |
| Change in working capital | −$443,413 | $161,279 | $755,838 | −$1.7M | $1.1M | $158,166 | −$135,857 | $877,200 | $617,713 | −$70,003 |
| Other non-cash items | $34.4M | −$24.0M | $5.2M | $25.9M | $206.1M | $27.1M | $40.2M | −$9.3M | −$17.3M | $25.2M |
| Cash from operating activities | $56.6M | $27.9M | $61.0M | −$5.2M | $264.7M | $25.0M | $47.1M | $30.0M | $29.4M | $77.8M |
| Investing activities | ||||||||||
| Capital expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Financing activities | ||||||||||
| Dividends paid | −$37.5M | −$47.0M | −$40.8M | −$29.2M | −$29.5M | −$35.1M | −$38.7M | −$52.5M | −$33.3M | −$35.4M |
| Share repurchases & issuance (net) | — | — | — | — | −$123.0M | — | — | — | — | — |
| Net borrowing (repayment) | −$23.0M | $23.0M | −$23.0M | $13.0M | −$103.0M | $5.0M | −$4.0M | $23.0M | $1.0M | −$10.0M |
| Shares issued | $2.1M | $1.5M | $0 | $14.1M | $684,006 | $0 | $0 | $0 | $0 | $0 |
| Other financing | −$85,000 | −$92,500 | −$95,000 | −$100,000 | −$127,500 | −$127,500 | −$127,500 | −$122,722 | −$115,000 | −$33.7M |
| Cash from financing activities | −$58.5M | −$22.6M | −$63.9M | −$2.2M | −$254.9M | −$30.2M | −$42.9M | −$29.6M | −$32.5M | −$79.1M |
| Summary | ||||||||||
| Net change in cash | −$2.0M | $5.3M | −$2.9M | −$7.5M | $9.8M | −$5.3M | $4.2M | $463,340 | −$3.0M | −$1.3M |
| Cash at end of period | $8.4M | $10.3M | $5.0M | $8.0M | $15.4M | $5.6M | $10.9M | $5.4M | $5.0M | $8.0M |
| Free cash flow | $56.6M | $27.9M | $61.0M | −$5.2M | $264.7M | $25.0M | $47.1M | $30.0M | $29.4M | $77.8M |
| Free cash flow margin | 186.1% | 49.0% | 109.6% | — | 452.3% | — | 616.9% | 76.5% | 62.4% | 172.2% |
| Capex / revenue | 0.0% | 0.0% | 0.0% | — | 0.0% | — | 0.0% | 0.0% | 0.0% | 0.0% |
| Operating cash flow / net income | 2.50 | 0.54 | 1.11 | — | 4.60 | — | 6.76 | 0.78 | 0.64 | 1.48 |
| Apr '26 | Oct '25 | Apr '25 | Oct '24 | Apr '24 | Oct '23 | Apr '23 | Jan '23 | Oct '22 | Jul '22 | Apr '22 | Jan '22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||
| Net income | −$2.0M | $22.6M | — | $25.8M | $25.8M | $54.9M | $28,216 | $14,108 | −$14.6M | −$14,609 | −$783,541 | −$784 |
| Depreciation & amortization | $41,328 | — | $45,979 | — | — | $47,192 | — | — | — | — | — | — |
| Change in working capital | $815,992 | −$443,413 | −$153,936 | $80,640 | $80,640 | $755,124 | $714 | $357 | −$203,427 | −$203 | −$624,154 | −$624 |
| Other non-cash items | $43.1M | $34.4M | — | −$12.0M | −$12.0M | $5.3M | $3,552 | $1,776 | $30.5M | $30,519 | −$16.9M | −$16,915 |
| Cash from operating activities | $41.9M | $56.6M | $9.8M | $13.9M | $13.9M | $61.0M | $32,482 | $16,241 | $15.7M | $15,707 | −$18.3M | −$18,322 |
| Investing activities | ||||||||||||
| Capital expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Financing activities | ||||||||||||
| Dividends paid | −$15.7M | −$37.5M | −$19.4M | −$23.5M | −$23.5M | −$40.8M | −$9,241 | −$9,241 | −$7.6M | −$7,645 | −$7.0M | −$6,974 |
| Net borrowing (repayment) | — | — | — | — | — | — | −$6.5M | −$6.5M | −$8.5M | −$8.5M | $15.0M | $15.0M |
| Shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other financing | −$28.1M | −$21.0M | $3.0M | $15.0M | $12.2M | −$23.1M | $6.5M | $6.5M | −$1 | $8.5M | $7.0M | −$15.0M |
| Cash from financing activities | −$43.8M | −$58.5M | −$16.4M | −$8.5M | −$11.3M | −$63.9M | −$31,578 | −$15,789 | −$16.1M | −$16,145 | $15.0M | $15,023 |
| Summary | ||||||||||||
| Net change in cash | $6.5M | $8.4M | $3.7M | $5.3M | $5.3M | −$2.9M | $453 | $453 | −$438,387 | −$438 | −$3.3M | −$3,299 |
| Cash at end of period | $6.5M | $8.4M | $3.7M | $10.3M | $10.3M | $5.0M | $452,274 | $452,274 | −$438.1M | −$438,074 | −$3.3M | −$3,299 |
| Free cash flow | $41.9M | $56.6M | $9.8M | $13.9M | $13.9M | $61.0M | $32,482 | $16,241 | $15.7M | $15,707 | −$18.3M | −$18,322 |
| Free cash flow margin | — | 186.1% | — | 49.0% | 49.0% | 164.5% | 0.1% | 0.1% | 156,725.2% | 156.7% | −241,722.5% | — |
| Capex / revenue | — | 0.0% | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Operating cash flow / net income | — | 2.50 | — | 0.54 | 0.54 | 1.11 | 1.15 | 1.15 | — | — | — | — |
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.
EFR cash generation
In fiscal 2025 (ended October 31, 2025), Eaton Vance Senior Floating-Rate Trust generated $56.6 million of cash from operations (up 103.0%) and spent $0 on capital expenditures, leaving free cash flow of $56.6 million, 186.1% of revenue. It returned $37.5 million to shareholders through dividends ($37.5 million) and net share buybacks ($0). Cash and equivalents fell by $2.0 million over the year.
Related: EFR income statement, EFR balance sheet, EFR dividend history. See the EFR stock overview for the latest quote and news.
EFR cash flow FAQ
What is Eaton Vance Senior Floating-Rate Trust's free cash flow?
Eaton Vance Senior Floating-Rate Trust's free cash flow was $56.6 million in fiscal 2025: $56.6 million of operating cash flow minus $0 of capital expenditures It was $27.9 million a year earlier..
How much cash does Eaton Vance Senior Floating-Rate Trust generate from operations?
Eaton Vance Senior Floating-Rate Trust generated $56.6 million of cash from operating activities in fiscal 2025, 2.50 times its net income of $22.6 million.
How much does Eaton Vance Senior Floating-Rate Trust pay in dividends?
Eaton Vance Senior Floating-Rate Trust paid $37.5 million in dividends in fiscal 2025, 66.4% of free cash flow.