MRL.MC BME
MERLIN Properties SOCIMI, S.A.
1W: -1.2%
1M: -8.5%
3M: -19.9%
YTD: -8.7%
1Y: -3.7%
3Y: +64.1%
5Y: +64.3%
€12.11 ($13.63)
+0.29 (+2.45%)
Weekly Expected Move ±4.0%
€11
€12
€12
€13
€13
Overview
Chart
Financials
Income Statement
Cash Flow
Balance Sheet
Earnings
Analysis
Technicals
Weather
Peers
ETF Exposure
Cash Flow Trends
Operating Cash Flow
$416M
+31.2% ▲
5Y CAGR: +25.3%
Capital Expenditures
$11M
+45.7% ▲
5Y CAGR: +32.7%
Free Cash Flow
$405M
+36.2% ▲
5Y CAGR: +25.1%
Dividends Paid
$123M
-17.3% ▼
Buybacks
$0
+0.0% ▲
Net Change in Cash
-$338M
-130.9% ▼
Cash Flow Composition
Year-over-Year Growth
View Full Cash Flow Statement
| Line Item | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| — Operating Activities — | |||||
| Net Income | $403M | $41M | -$75M | $296M | $813M |
| Depreciation & Amort. | $2M | $2M | $2M | $4M | $5M |
| Stock-Based Comp. | $0 | $0 | $0 | $0 | $0 |
| Change in Working Capital | -$22M | -$10M | -$35M | $32M | $114M |
| Other Non-Cash Items | -$221M | $189M | $336M | -$15M | -$516M |
| Operating Cash Flow | $162M | $222M | $228M | $317M | $416M |
| — Investing Activities — | |||||
| Capital Expenditures | -$4M | -$2M | -$2M | -$19M | -$6M |
| Acquisitions (Net) | -$2K | -$6M | -$5M | -$53M | -$20M |
| Investment Purchases | $0 | $0 | $0 | $0 | $0 |
| Investment Sales | $84M | $2.0B | $0 | $0 | $0 |
| Other Investing | -$81M | -$796M | -$267M | -$222M | -$550M |
| Investing Cash Flow | -$454K | $1.2B | -$275M | -$294M | -$576M |
| — Financing Activities — | |||||
| Net Debt Issuance | $494M | -$1.3B | $277M | $377M | $47M |
| Stock Repurchased | -$5K | -$142K | $0 | $0 | $0 |
| Dividends Paid | -$70M | -$455M | -$207M | -$105M | -$123M |
| Other Financing | -$89M | $73M | $8M | -$103M | -$101M |
| Financing Cash Flow | $335M | -$1.7B | $79M | $1.1B | -$177M |
| Net Change in Cash | $615M | -$294M | $32M | $1.1B | -$338M |
| Cash End of Period | $723M | $429M | $461M | $1.6B | $1.2B |
| Free Cash Flow | $159M | $220M | $226M | $297M | $405M |