| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 503.0 | 584.5 | 373.0 | 338.0 | 662.9 | 767.1 | +15.7% | |
| Depreciation & amortization | 207.5 | 42.9 | 41.9 | 58.5 | 85.5 | 79.0 | −7.6% | |
| Stock-based compensation | 54.0 | 65.2 | 57.3 | 63.3 | 67.8 | 75.0 | +10.6% | |
| Change in working capital | 237.4 | (229.7) | (172.8) | 193.6 | 421.4 | (280.5) | −166.6% | |
| Operating cash flow | 775.7 | 537.5 | 309.5 | 279.0 | 369.0 | 726.7 | +96.9% | |
| Capital expenditure | (43.1) | (69.2) | (98.6) | (75.9) | (144.2) | (74.3) | +48.5% | |
| Acquisitions | 24.9 | 457.0 | (2.4) | 0.0 | (82.5) | 0.0 | +100.0% | |
| Investing cash flow | (226.8) | 74.7 | 29.3 | (75.9) | (144.2) | (440.5) | −205.5% | |
| Dividends paid | (425.7) | (720.9) | (658.3) | (307.1) | (369.8) | (715.4) | −93.5% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (35.3) | — | |
| Debt issued / repaid | (46.1) | 185.9 | 267.8 | 181.1 | 185.7 | 414.7 | +123.3% | |
| Financing cash flow | (481.3) | (544.6) | (399.7) | (171.8) | (257.9) | (278.1) | −7.8% | |
| Free cash flow | 732.6 | 468.3 | 210.9 | 203.1 | 224.8 | 652.4 | +190.2% | |
| Net change in cash | 16.5 | 74.5 | (75.7) | 56.1 | (39.5) | (12.5) | +68.4% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
