Weis Markets, Inc. (WMK) Cash Flow Statement
Where WMK’s cash came from and went, 2025
December 31, 2025 · U.S. dollars- Cash from operations
- $207.2M +10.5% vs 2024
- Capital expenditures
- $202.4M 4.1% of revenue
- Free cash flow
- $4.8M 0.1% margin
- Returned to shareholders
- $175.1M 3,629% of free cash flow
- Change in cash
- −$73.2M cash at year-end $117.1M
Drawn to scale: where the cash came from and how it was used. Hover for values.
WMK operating cash flow, capex and free cash flow
WMK cash flow trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | $151.6M2016 | $207.2M2025 | +3.5%/yr | |
| Capital expenditures | $144.7M2016 | $202.4M2025 | +3.8%/yr | |
| Free cash flow | $6.9M2016 | $4.8M2025 | −3.9%/yr | |
| Free cash flow margin | 0.2%2016 | 0.1%2025 | −0.1 pts | |
| Operating cash flow / net income | 1.742016 | 2.212025 | +0.47 | |
| Stock-based compensation | −$4.1M2016 | −$225.2M2023 | — | |
| Dividends paid | $32.3M2016 | $35.1M2025 | +0.9%/yr | |
| Share buybacks (net) | $02016 | $140.0M2025 | — | |
| Capex / revenue | 4.6%2016 | 4.1%2025 | −0.5 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
WMK cash flow by activity
WMK 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).
WMK cash flow statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||
| Net income | $93.7M | $109.9M | $103.8M | $125.2M | $108.8M | $118.9M | $68.0M | $62.7M | $98.4M | $87.2M |
| Depreciation & amortization | $124.8M | $113.9M | $108.4M | $104.0M | $102.8M | $99.4M | $93.7M | $93.6M | $85.4M | $76.9M |
| Stock-based compensation | — | — | −$225.2M | — | — | — | — | — | $31.3M | −$4.1M |
| Change in working capital | −$18.7M | −$22.6M | −$13.0M | −$14.9M | $4.1M | $51.0M | $5.6M | −$15.8M | $14.6M | $9.8M |
| Other non-cash items | $7.5M | −$13.8M | $227.6M | $3.7M | $11.9M | $8.7M | $4.4M | $7.9M | −$64.0M | −$18.2M |
| Cash from operating activities | $207.2M | $187.5M | $201.6M | $218.0M | $227.7M | $278.0M | $171.7M | $148.4M | $165.8M | $151.6M |
| Investing activities | ||||||||||
| Capital expenditures | −$202.4M | −$161.3M | −$105.1M | −$123.0M | −$152.0M | −$131.1M | −$102.9M | −$99.2M | −$99.4M | −$144.7M |
| Investments (net) | $95.9M | −$144.8M | −$138.8M | $5.2M | −$98.6M | −$43.1M | −$6.5M | $6.8M | $3.1M | $23.0M |
| Acquisitions & other investing | $1.1M | $161.3M | $105.1M | $6.7M | $5.9M | −$718,000 | $131,000 | $1.5M | −$1.1M | −$65.1M |
| Cash from investing activities | −$105.3M | −$144.8M | −$138.8M | −$111.1M | −$244.7M | −$174.9M | −$109.3M | −$91.0M | −$97.4M | −$186.7M |
| Financing activities | ||||||||||
| Dividends paid | −$35.1M | −$36.6M | −$36.6M | −$35.0M | −$33.6M | −$33.4M | −$33.4M | −$32.5M | −$32.3M | −$32.3M |
| Share repurchases & issuance (net) | −$140.0M | $0 | $0 | — | — | — | — | — | $0 | $0 |
| Net borrowing (repayment) | — | — | — | — | — | — | — | −$35.0M | −$29.5M | $64.5M |
| Shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other financing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash from financing activities | −$175.1M | −$36.6M | −$36.6M | −$35.0M | −$33.6M | −$33.4M | −$33.4M | −$67.5M | −$61.8M | $32.2M |
| Summary | ||||||||||
| Net change in cash | −$73.2M | $6.1M | $26.2M | $71.9M | −$50.6M | $69.7M | $29.1M | −$10.1M | $6.7M | −$2.9M |
| Cash at end of period | $117.1M | $190.3M | $184.2M | $158.0M | $86.0M | $136.6M | $66.9M | $37.8M | $21.3M | $14.7M |
| Free cash flow | $4.8M | $26.1M | $96.5M | $95.0M | $75.7M | $146.9M | $68.7M | $49.1M | $66.4M | $6.9M |
| Free cash flow margin | 0.1% | 0.5% | 2.1% | 2.0% | 1.8% | 3.6% | 1.9% | 1.4% | 1.9% | 0.2% |
| Capex / revenue | 4.1% | 3.4% | 2.2% | 2.6% | 3.6% | 3.2% | 2.9% | 2.8% | 2.9% | 4.6% |
| Operating cash flow / net income | 2.21 | 1.71 | 1.94 | 1.74 | 2.09 | 2.34 | 2.53 | 2.37 | 1.68 | 1.74 |
| 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 | $22.9M | $27.9M | $28.5M | $18.2M | $26.5M | $20.5M | $34.7M | $25.8M | $26.3M | $23.2M | $20.5M | $23.2M |
| Depreciation & amortization | $32.1M | $31.5M | $32.8M | $31.7M | $30.6M | $29.6M | $30.0M | $28.6M | $27.9M | $27.4M | $26.9M | $27.4M |
| Stock-based compensation | — | — | — | — | — | — | — | — | — | — | $64.1M | — |
| Change in working capital | $18.4M | −$33.4M | $27.5M | −$4.4M | $3.0M | −$44.8M | $20.9M | −$16.0M | −$12.7M | −$14.6M | $112.8M | −$91.3M |
| Other non-cash items | −$23.3M | $4.4M | −$2.2M | $13.7M | −$3.6M | −$471,000 | $1.6M | −$12.6M | −$1.2M | −$1.7M | −$65.8M | $3.3M |
| Cash from operating activities | $50.0M | $30.2M | $86.6M | $59.2M | $56.6M | $4.9M | $87.1M | $25.8M | $40.3M | $34.2M | $158.5M | −$37.3M |
| Investing activities | ||||||||||||
| Capital expenditures | −$48.6M | −$39.3M | −$48.8M | −$63.9M | −$56.5M | −$33.2M | −$57.2M | −$42.3M | −$30.1M | −$35.9M | −$29.4M | −$25.7M |
| Investments (net) | −$2.0M | −$5.1M | $24.6M | −$58.0M | −$13.4M | −$18.1M | −$37.4M | −$30.4M | −$3.8M | −$73.1M | −$29.4M | −$28.6M |
| Acquisitions & other investing | −$148,000 | $3.2M | $8.5M | $63.9M | $56.5M | $33.2M | $57.2M | $42.3M | $30.1M | $35.9M | $29.4M | −$55.1M |
| Cash from investing activities | −$50.8M | −$41.2M | −$15.7M | −$58.0M | −$13.4M | −$18.1M | −$37.4M | −$30.4M | −$3.8M | −$73.1M | −$29.4M | −$109.4M |
| Financing activities | ||||||||||||
| Dividends paid | −$8.4M | −$8.4M | −$8.4M | −$8.4M | −$9.1M | −$9.1M | −$9.1M | −$9.1M | −$9.1M | −$9.1M | −$9.1M | −$9.1M |
| Share repurchases & issuance (net) | — | — | $140.0M | −$140.0M | −$140.0M | — | — | — | — | — | — | — |
| Shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other financing | $0 | $0 | −$140.0M | $140.0M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash from financing activities | −$8.4M | −$8.4M | −$8.4M | −$8.4M | −$149.1M | −$9.1M | −$9.1M | −$9.1M | −$9.1M | −$9.1M | −$9.1M | −$9.1M |
| Summary | ||||||||||||
| Net change in cash | −$9.3M | −$19.4M | $62.4M | −$7.3M | −$106.0M | −$22.4M | $40.6M | −$13.7M | $27.3M | −$48.0M | $119.9M | −$75.0M |
| Cash at end of period | $88.5M | $97.7M | $117.1M | $54.6M | $61.9M | $167.9M | $190.3M | $149.8M | $163.5M | $136.2M | $184.2M | $64.3M |
| Free cash flow | $1.4M | −$9.1M | $37.8M | −$4.7M | $64,000 | −$28.3M | $29.9M | −$16.5M | $10.2M | −$1.7M | $129.1M | −$63.0M |
| Free cash flow margin | 0.1% | −0.7% | 2.9% | −0.4% | 0.0% | −2.4% | 2.4% | −1.4% | 0.9% | −0.1% | 10.6% | −5.4% |
| Capex / revenue | 3.8% | 3.1% | 3.8% | 5.1% | 4.6% | 2.8% | 4.6% | 3.6% | 2.5% | 3.1% | 2.4% | 2.2% |
| Operating cash flow / net income | 2.19 | 1.09 | 3.04 | 3.25 | 2.13 | 0.24 | 2.51 | 1.00 | 1.53 | 1.48 | 7.72 | −1.61 |
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.
WMK cash generation
In fiscal 2025 (ended December 31, 2025), Weis Markets generated $207.2 million of cash from operations (up 10.5%) and spent $202.4 million on capital expenditures, leaving free cash flow of $4.8 million, 0.1% of revenue. It returned $175.1 million to shareholders through dividends ($35.1 million) and net share buybacks ($140.0 million). Cash and equivalents fell by $73.2 million over the year.
Related: WMK income statement, WMK balance sheet, WMK dividend history. See the WMK stock overview for the latest quote and news.
WMK cash flow FAQ
What is Weis Markets's free cash flow?
Weis Markets's free cash flow was $4.8 million in fiscal 2025: $207.2 million of operating cash flow minus $202.4 million of capital expenditures It was $26.1 million a year earlier..
How much cash does Weis Markets generate from operations?
Weis Markets generated $207.2 million of cash from operating activities in fiscal 2025, 2.21 times its net income of $93.7 million.
How much does Weis Markets spend on capital expenditures?
Weis Markets spent $202.4 million on capital expenditures in fiscal 2025, 4.1% of revenue, compared with $161.3 million the year before.
How much stock does Weis Markets buy back?
Weis Markets spent $140.0 million on net share repurchases in fiscal 2025.
How much does Weis Markets pay in dividends?
Weis Markets paid $35.1 million in dividends in fiscal 2025, 727.8% of free cash flow.