Star Holdings (STHO) Cash Flow: Operating & Free Cash Flow

Star Holdings 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 Star Holdings (STHO) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Operating Activities
Net Income	-70.77	-88.36	-196.29	-36.31	62.67
Depreciation & Amortization	5.22	4.33	4.57	4.91	6.49
Stock Based Compensation	0.00	0.00	1.78	-11.81	23.36
Change in Working Capital	-0.47	-6.15	8.24	-0.62	4.90
Change in Accounts Receivable	-0.56	-0.38	0.57	0.49	5.22
Change in Accounts Payable	-1.34	-5.53	9.77	-3.62	-1.97
Change in Other Working Capital	1.43	-4.56	-1.53	3.00	45.95
Other Operating Activities	54.37	-4.56	162.98	16.47	45.95
Net Cash from Operating Activities	-11.66	-31.29	-18.72	-27.36	8.53
Investing Activities
Capital Expenditures	-54.79	-35.94	-14.05	-22.48	-24.61
Acquisitions	0.00	42.20	0.00	0.00	-
Purchases of Investments	0.00	-11.26	47.29	-81.74	-71.18
Sales/Maturities of Investments	0.00	0.00	37.65	88.74	111.43
Other Investing Activities	53.25	-11.40	93.46	152.03	224.80
Net Cash from Investing Activities	-1.54	0.31	186.02	236.06	673.12
Financing Activities
Debt Repayment	43.19	15.82	-69.79	0.00	-
Common Stock Repurchased	-7.95	0.00	0.00	0.00	-
Other Financing Activities	-0.41	0.00	-296.16	-218.31	-676.43
Net Cash from Financing Activities	34.83	15.82	-114.06	-218.31	-676.43
Summary
Net Change in Cash	21.63	-15.17	53.24	-9.60	5.22
Cash at Beginning of Period	45.55	60.71	7.47	17.07	11.86
Cash at End of Period	67.17	45.55	60.71	7.47	17.07
Free Cash Flow	-66.45	-67.22	-32.77	-49.84	-16.07
Supplemental Disclosures
Interest Paid	10.12	9.67	20.24	42.04	51.37

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

Frequently Asked Questions About Star Holdings Cash Flow

What is Star Holdings's free cash flow?

Star Holdings had negative free cash flow of $66.45M in fiscal 2025 (fiscal year ended Dec 31, 2025), operating cash flow of −$11.66M minus $54.79M of capital expenditures.

How much does Star Holdings spend on capital expenditures?

Star Holdings spent $54.79M on capital expenditures in fiscal 2025, compared with $35.94M a year earlier.

Does Star Holdings pay dividends or buy back shares?

Yes. In fiscal 2025 Star Holdings returned $7.95M in share buybacks 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