Okeanis Eco Tankers (ECO) Cash Flow: Operating & Free Cash Flow

Okeanis Eco Tankers Cash Flow Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

Scale:

Scroll to see more

Cash flow statement showing operating, investing, and financing activities for Okeanis Eco Tankers Corp. (ECO) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018
Operating Activities
Net Income	122.95	108.86	145.25	84.56	-0.90	101.32	11.38	-3.02
Depreciation & Amortization	41.44	41.13	40.38	37.96	38.67	41.62	24.59	7.32
Change in Working Capital	-50.01	14.45	-7.75	-45.48	-8.90	5.94	-0.67	-7.02
Change in Accounts Receivable	-45.32	17.67	-4.75	-42.09	7.08	3.54	-10.08	-6.93
Change in Inventory	7.07	1.01	-8.34	-4.38	-6.86	0.78	-3.87	-0.32
Change in Accounts Payable	-6.50	-4.47	11.62	-2.90	-2.95	0.59	7.74	0.27
Change in Other Working Capital	41.21	-2.16	56.53	3.89	31.27	1.03	5.54	-0.05
Other Operating Activities	41.21	-1.63	56.53	4.12	31.27	1.61	49.07	20.08
Net Cash from Operating Activities	111.30	162.82	174.03	81.16	28.59	150.49	29.00	-4.26
Investing Activities
Capital Expenditures	-40.19	-11.24	-3.31	-180.14	-20.39	-173.57	-443.66	-192.17
Acquisitions	0.00	0.00	0.00	0.00	300.94	0.00	0.00	0.00
Purchases of Investments	0.00	-1.50	0.00	0.00	0.00	0.00	-0.41	0.00
Sales/Maturities of Investments	0.00	1.45	2.03	0.42	1.05	0.00	0.00	1.45
Other Investing Activities	2.15	3.30	0.00	0.62	5.99	-5.23	-1.44	0.44
Net Cash from Investing Activities	-42.42	-7.94	0.96	-179.10	285.68	-178.80	-445.51	-190.28
Financing Activities
Debt Repayment	-236.86	-246.12	-243.36	162.00	-261.71	101.77	400.34	84.21
Common Stock Issued	110.39	-106.56	-159.36	-19.59	-34.31	0.00	15.00	125.12
Common Stock Repurchased	0.00	0.00	-159.36	-1.01	-34.81	-2.06	-1.01	0.00
Dividends Paid	-70.68	-106.56	0.00	0.00	-3.22	-43.72	0.00	0.00
Other Financing Activities	-1.30	-1.26	-1.35	-0.70	0.32	-12.74	-12.19	3.30
Net Cash from Financing Activities	-3.45	-154.68	-207.07	140.70	-299.43	43.24	411.82	212.63
Summary
Effect of Forex Changes on Cash	1.86	-0.85	0.72	0.88	-0.05	-3.00	18.08	0.00
Net Change in Cash	65.44	-0.65	-32.07	43.64	14.85	11.93	-4.69	18.08
Cash at Beginning of Period	49.34	51.88	81.35	40.12	23.34	13.40	18.08	0.00
Cash at End of Period	116.64	49.78	49.99	83.76	38.18	25.33	13.40	18.08
Free Cash Flow	71.11	162.82	174.03	-98.98	8.21	-23.08	-414.66	-196.43
Supplemental Disclosures
Interest Paid	42.18	53.44	59.65	33.18	27.24	-	-	-

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Okeanis Eco Tankers Cash Flow

What is Okeanis Eco Tankers's free cash flow?

Okeanis Eco Tankers generated free cash flow of $71.11M in fiscal 2025 (fiscal year ended Dec 31, 2025), operating cash flow of $111.30M minus $40.19M of capital expenditures. That was down 56.3% from $162.82M a year earlier. Free cash flow equaled 18.2% of revenue.

How much does Okeanis Eco Tankers spend on capital expenditures?

Okeanis Eco Tankers spent $40.19M on capital expenditures in fiscal 2025, compared with $11.24M a year earlier. That equals 36.1% of operating cash flow.

Does Okeanis Eco Tankers pay dividends or buy back shares?

Yes. In fiscal 2025 Okeanis Eco Tankers returned $70.68M in dividends to shareholders, according to its cash flow statement.

What is free cash flow?

Free cash flow is operating cash flow minus capital expenditures. It is the cash a company has left for dividends, buybacks, debt repayment or acquisitions after funding its operations and investment. Full definition