Omnicom Group Inc. (OMC) Cash Flow Statement
Where OMC’s cash came from and went, 2025
December 31, 2025 · U.S. dollars- Cash from operations
- $2.94B +69.5% vs 2024
- Capital expenditures
- $149.8M 0.9% of revenue
- Free cash flow
- $2.79B 16.1% margin
- Returned to shareholders
- $1.26B 45% of free cash flow
- Change in cash
- $2.54B cash at year-end $6.88B
Drawn to scale: where the cash came from and how it was used. Hover for values.
OMC operating cash flow, capex and free cash flow
OMC cash flow trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | $1.93B2016 | $2.94B2025 | +4.8%/yr | |
| Capital expenditures | $165.5M2016 | $149.8M2025 | −1.1%/yr | |
| Free cash flow | $1.77B2016 | $2.79B2025 | +5.2%/yr | |
| Free cash flow margin | 11.5%2016 | 16.1%2025 | +4.7 pts | |
| Operating cash flow / net income | 1.552016 | 67.242025 | +65.69 | |
| Stock-based compensation | $93.4M2016 | $100.8M2025 | +0.9%/yr | |
| Dividends paid | $505.4M2016 | $549.6M2025 | +0.9%/yr | |
| Share buybacks (net) | $602.2M2016 | $707.9M2025 | +1.8%/yr | |
| Capex / revenue | 1.1%2016 | 0.9%2025 | −0.2 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
OMC cash flow by activity
OMC 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).
OMC cash flow statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||
| Net income | $43.7M | $1.57B | $1.47B | $1.40B | $1.51B | $1.02B | $1.44B | $1.44B | $1.19B | $1.25B |
| Depreciation & amortization | $276.7M | $241.7M | $211.1M | $219.4M | $212.1M | $222.6M | $231.5M | $264.0M | $282.1M | $292.9M |
| Stock-based compensation | $100.8M | $91.4M | $84.8M | $81.7M | $84.7M | $70.8M | $72.5M | $70.5M | $80.2M | $93.4M |
| Change in working capital | $712.1M | −$231.2M | −$462.9M | −$844.0M | $160.5M | $30.9M | $125.1M | $80.5M | $348.5M | $323.0M |
| Other non-cash items | $1.80B | $57.6M | $115.7M | $65.6M | −$19.5M | $379.5M | −$9.0M | −$133.2M | $120.9M | −$24.8M |
| Cash from operating activities | $2.94B | $1.73B | $1.42B | $926.5M | $1.95B | $1.72B | $1.86B | $1.72B | $2.02B | $1.93B |
| Investing activities | ||||||||||
| Capital expenditures | −$149.8M | −$140.6M | −$78.4M | −$78.2M | −$665.8M | −$75.4M | −$102.2M | −$195.7M | −$156.0M | −$165.5M |
| Investments (net) | $0 | −$1.06B | $134.6M | −$380.9M | $2.5M | $3.2M | $1.9M | $15.9M | $66.9M | −$481.6M |
| Acquisitions & other investing | $1.13B | $140.6M | $22.9M | $78.2M | −$45.9M | −$63.9M | $69.4M | −$42.0M | −$26.3M | $165.5M |
| Cash from investing activities | $980.2M | −$1.06B | $79.1M | −$380.9M | −$709.2M | −$136.1M | −$30.9M | −$221.8M | −$115.4M | −$481.6M |
| Financing activities | ||||||||||
| Dividends paid | −$549.6M | −$552.7M | −$562.7M | −$581.1M | −$592.3M | −$562.7M | −$564.3M | −$548.5M | −$515.2M | −$505.4M |
| Share repurchases & issuance (net) | −$707.9M | −$370.7M | −$570.8M | −$611.4M | −$527.3M | −$217.9M | −$610.2M | −$581.3M | −$568.4M | −$602.2M |
| Net borrowing (repayment) | −$42.0M | $498.1M | −$8.7M | $8.9M | −$22.3M | $581.0M | $214.4M | $214.4M | −$18.1M | $388.4M |
| Shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other financing | −$291.1M | −$156.7M | −$245.6M | −$178.4M | −$249.1M | −$208.8M | −$261.9M | −$525.7M | −$240.9M | −$257.9M |
| Cash from financing activities | −$1.59B | −$582.0M | −$1.39B | −$1.36B | −$1.39B | −$408.4M | −$1.22B | −$1.44B | −$1.34B | −$977.1M |
| Summary | ||||||||||
| Net change in cash | $2.54B | −$92.6M | $150.2M | −$1.03B | −$283.7M | $1.29B | $653.3M | −$143.6M | $793.8M | $397.0M |
| Cash at end of period | $6.88B | $4.34B | $4.43B | $4.28B | $5.32B | $5.60B | $4.31B | $3.65B | $3.80B | $3.00B |
| Free cash flow | $2.79B | $1.59B | $1.34B | $848.3M | $1.28B | $1.65B | $1.75B | $1.53B | $1.87B | $1.77B |
| Free cash flow margin | 16.1% | 10.2% | 9.1% | 5.9% | 9.0% | 12.5% | 11.7% | 10.0% | 12.2% | 11.5% |
| Capex / revenue | 0.9% | 0.9% | 0.5% | 0.5% | 4.7% | 0.6% | 0.7% | 1.3% | 1.0% | 1.1% |
| Operating cash flow / net income | 67.24 | 1.10 | 0.97 | 0.66 | 1.29 | 1.69 | 1.29 | 1.20 | 1.70 | 1.55 |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||
| Net income | $605.5M | $418.7M | −$897.9M | $360.4M | $277.8M | $303.4M | $478.9M | $409.9M | $328.1M | $337.0M | $457.8M | $388.3M |
| Depreciation & amortization | $166.3M | $166.9M | $98.3M | $60.7M | $58.7M | $59.0M | $60.3M | $61.4M | $60.4M | $59.6M | $53.7M | $52.4M |
| Stock-based compensation | $25.8M | $27.1M | $27.7M | $28.9M | $23.4M | $20.8M | $22.3M | $24.4M | $22.6M | $22.1M | $21.2M | $22.5M |
| Change in working capital | $1.21B | −$1.21B | $2.13B | $1.41B | −$238.4M | −$1.17B | $1.36B | $67.9M | −$627.9M | −$1.03B | $1.26B | −$62.4M |
| Other non-cash items | −$2.39B | $44.2M | $1.67B | −$1.38B | $88.6M | $3.3M | $1.1M | $5.1M | $75.1M | −$3.6M | $4.0M | $4.7M |
| Cash from operating activities | −$379.2M | −$553.2M | $3.04B | $477.5M | $210.1M | −$786.8M | $1.93B | $568.7M | −$141.7M | −$618.5M | $1.80B | $405.5M |
| Investing activities | ||||||||||||
| Capital expenditures | −$53.9M | −$61.2M | −$39.1M | −$39.1M | −$42.1M | −$29.5M | −$47.0M | −$31.3M | −$39.2M | −$23.1M | −$14.2M | −$24.2M |
| Investments (net) | — | — | — | −$40.2M | −$33.3M | $12.7M | −$65.4M | −$127.0M | −$28.0M | −$838.3M | −$29.5M | −$24.0M |
| Acquisitions & other investing | $15.7M | $145.4M | $1.00B | $6.0M | $42.1M | $29.5M | $47.0M | $31.3M | $23.1M | $23.1M | $14.2M | $156.8M |
| Cash from investing activities | −$38.2M | $84.2M | $963.3M | −$73.3M | −$33.3M | $12.7M | −$65.4M | −$127.0M | −$44.1M | −$838.3M | −$29.5M | $108.6M |
| Financing activities | ||||||||||||
| Dividends paid | −$229.8M | −$251.7M | −$135.7M | −$136.5M | −$139.7M | −$137.7M | −$136.7M | −$137.1M | −$140.1M | −$138.8M | −$138.7M | −$138.9M |
| Share repurchases & issuance (net) | −$210.6M | −$2.78B | −$395.8M | −$89.1M | −$142.0M | −$81.0M | −$8.3M | −$112.6M | −$69.7M | −$180.1M | −$6.5M | −$25.5M |
| Net borrowing (repayment) | −$7.9M | $992.3M | −$42.5M | $1.1M | $2.6M | −$3.2M | −$744.9M | $591.9M | — | — | — | −$6.3M |
| Shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other financing | −$263.8M | −$28.3M | −$31.4M | −$47.0M | −$82.4M | −$19.5M | $14.5M | −$63.7M | −$42.6M | $602.3M | −$68.9M | −$106.0M |
| Cash from financing activities | −$712.1M | −$2.07B | −$605.4M | −$271.5M | −$361.5M | −$241.4M | −$875.4M | $278.5M | −$252.4M | $283.4M | −$214.1M | −$276.7M |
| Summary | ||||||||||||
| Net change in cash | −$1.16B | −$2.59B | $3.47B | $106.1M | −$77.9M | −$961.1M | $805.5M | $822.2M | −$461.1M | −$1.26B | $1.66B | $35.5M |
| Cash at end of period | $3.13B | $4.29B | $6.88B | $3.41B | $3.30B | $3.38B | $4.34B | $3.53B | $2.71B | $3.17B | $4.43B | $2.77B |
| Free cash flow | −$433.1M | −$614.4M | $3.00B | $438.4M | $168.0M | −$816.3M | $1.88B | $537.4M | −$180.9M | −$641.6M | $1.79B | $381.3M |
| Free cash flow margin | −6.6% | −9.8% | 54.2% | 10.9% | 4.2% | −22.1% | 43.5% | 13.8% | −4.7% | −17.7% | 44.0% | 10.7% |
| Capex / revenue | 0.8% | 1.0% | 0.7% | 1.0% | 1.0% | 0.8% | 1.1% | 0.8% | 1.0% | 0.6% | 0.3% | 0.7% |
| Operating cash flow / net income | −0.63 | −1.32 | — | 1.32 | 0.76 | −2.59 | 4.02 | 1.39 | −0.43 | −1.84 | 3.93 | 1.04 |
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.
OMC cash generation
In fiscal 2025 (ended December 31, 2025), Omnicom generated $2.9 billion of cash from operations (up 69.5%) and spent $149.8 million on capital expenditures, leaving free cash flow of $2.8 billion, 16.1% of revenue. It returned $1.3 billion to shareholders through dividends ($549.6 million) and net share buybacks ($707.9 million). Cash and equivalents rose by $2.5 billion over the year.
Related: OMC income statement, OMC balance sheet, OMC dividend history. See the OMC stock overview for the latest quote and news.
OMC cash flow FAQ
What is Omnicom's free cash flow?
Omnicom's free cash flow was $2.8 billion in fiscal 2025: $2.9 billion of operating cash flow minus $149.8 million of capital expenditures It was $1.6 billion a year earlier..
How much cash does Omnicom generate from operations?
Omnicom generated $2.9 billion of cash from operating activities in fiscal 2025, 67.24 times its net income of $43.7 million.
How much does Omnicom spend on capital expenditures?
Omnicom spent $149.8 million on capital expenditures in fiscal 2025, 0.9% of revenue, compared with $140.6 million the year before.
How much stock does Omnicom buy back?
Omnicom spent $707.9 million on net share repurchases in fiscal 2025.
How much does Omnicom pay in dividends?
Omnicom paid $549.6 million in dividends in fiscal 2025, 19.7% of free cash flow.