Enterprise Financial Services (EFSC) financial statements
Enterprise Financial Services reported revenue of $740M in fiscal 2025, up 18.2% a year over 9 years.
Net income was $201M.
Free cash flow was $182M, and the company returned $45M in dividends and $14M in net buybacks.
The diluted share count rose 84% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Enterprise Financial Services's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $165M | $212M | $230M | $288M | $325M | $428M | $533M | $631M | $638M | $740M |
| Interest expense | $14M | $25M | $46M | $66M | $35M | $23M | $41M | $202M | $283M | — |
| Pre-tax income | $75M | $87M | $105M | $116M | $92M | $169M | $259M | $247M | $231M | $284M |
| Income tax | $26M | $38M | $15M | $23M | $18M | $36M | $56M | $52M | $46M | $82M |
| Net income | $49M | $48M | $89M | $93M | $74M | $133M | $203M | $194M | $185M | $201M |
| EPS (diluted) | $2.41 | $2.07 | $3.83 | $3.55 | $2.76 | $3.86 | $5.31 | $5.07 | $4.83 | $5.31 |
| Diluted shares | 20M | 23M | 23M | 26M | 27M | 34M | 38M | 38M | 38M | 37M |
| Net margin | 29.7% | 22.8% | 38.7% | 32.2% | 22.9% | 31.1% | 38.1% | 30.7% | 29.0% | 27.2% |
Balance sheet
Fiscal years, from Enterprise Financial Services's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $199M | $153M | $197M | $167M | $538M | $2.0B | $291M | $433M | $764M | $682M |
| Property, plant and equipment | $15M | $33M | $32M | $60M | $53M | $48M | $43M | $43M | $45M | $59M |
| Goodwill | $30M | $117M | $117M | $210M | $261M | $365M | $365M | $365M | $365M | $417M |
| Total assets | $4.1B | $5.3B | $5.6B | $7.3B | $9.8B | $13.5B | $13.1B | $14.5B | $15.6B | $17.3B |
| Total liabilities | $3.7B | $4.7B | $5.0B | $6.5B | $8.7B | $12.0B | $11.5B | $12.8B | $13.8B | $15.3B |
| Shareholders' equity | $387M | $549M | $604M | $867M | $1.1B | $1.5B | $1.5B | $1.7B | $1.8B | $2.0B |
| Net debt | -$199M | -$153M | -$197M | -$167M | -$538M | -$2.0B | -$291M | -$433M | -$764M | -$682M |
Cash flow
Fiscal years, from Enterprise Financial Services's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $83M | $46M | $109M | $92M | $136M | $161M | $217M | $268M | $247M | $194M |
| Capital spending | $2M | $3M | $3M | $6M | $2M | $2M | $2M | $7M | $7M | $12M |
| Free cash flow | $80M | $43M | $106M | $86M | $133M | $158M | $215M | $262M | $240M | $182M |
| Stock-based compensation | $3M | $3M | $3M | $4M | $4M | $6M | $8M | $10M | $11M | $13M |
| Dividends paid | $8M | $10M | $11M | $17M | $20M | $26M | $34M | $37M | $40M | $45M |
| Share buybacks (net) | -$5M | -$17M | -$19M | -$16M | -$15M | -$61M | -$33M | $0 | -$30M | -$14M |
| Net borrowing | $0 | — | — | — | — | — | — | — | — | — |
| Free cash flow margin | 48.6% | 20.4% | 45.9% | 29.9% | 41.1% | 36.9% | 40.3% | 41.5% | 37.6% | 24.5% |
| Dividends per share | $0.40 | $0.44 | $0.47 | $0.63 | $0.73 | $0.76 | $0.90 | $1.00 | $1.05 | $1.21 |
Questions
What was Enterprise Financial Services's revenue in 2025?
$740M in fiscal 2025, from its 10-K filing.
How much free cash flow does Enterprise Financial Services generate?
$182M in fiscal 2025 (operating cash flow minus capital spending).
From Enterprise Financial Services's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.