Constellation Software
$2,985.00Change from previous close: +3.12%Absolute change: +$90.27
At a glance
- Revenue growth
- +15.47%
- 2025 vs 2024
- Net income growth
- −29.96%
- 2025 vs 2024
- Net margin
- 4.4%
- 2024: 7.3%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 2,732 | 2,196 | 1,779 | 1,297 | 1,300 | 1,186 | 767 | 662 | 528 | 491 |
| Depreciation and amortization | 701 | 620 | 522 | 425 | 323 | 243 | 192 | 101 | 78.3 | 69.5 |
| Capital expenditure | -68.0 | -67.0 | -42.0 | -41.0 | -29.0 | -25.0 | -34.0 | -25.0 | -19.7 | -19.1 |
| Investing cash flow | -1,881 | -1,567 | -1,639 | -1,694 | -1,238 | -512 | -544 | -508 | -250 | -195 |
| Financing cash flow | 156 | 114 | 316 | 483 | -41.0 | -247 | -496 | -49.0 | -153 | -118 |
| Dividends paid | -85.0 | -85.0 | -85.0 | -85.0 | -85.0 | -85.0 | -85.2 | -85.0 | -84.8 | -84.8 |
| Debt issued | 816 | 1,454 | 939 | 889 | 206 | 48.0 | 119 | 110 | 94.8 | — |
| Debt repaid | -377 | -867 | -391 | -196 | -111 | -168 | -53.0 | -47.0 | -138 | -8.7 |
| Effect of exchange rates | 102 | -48.0 | 17.0 | -39.0 | -16.0 | 15.0 | 1.0 | -6.0 | 10.3 | -3.6 |
| Net change in cash | 1,109 | 696 | 473 | 48.0 | 5.0 | 442 | -273 | 100 | 136 | 175 |
| Free cash flow | 2,664 | 2,129 | 1,737 | 1,256 | 1,271 | — | — | — | — | — |
| Levered free cash flow | 2,641 | 1,309 | 2,548 | 1,468 | 1,260 | 1,081 | 831 | 666 | 572 | 475 |