AGCO
S&P 400
Cash Flow
Cash Flow Breakdown
Figures in US$OperatingInvestingFinancing
How to read this: the three bars show where cash moved each year. Operating is cash from the core business (you generally want this positive and growing). Investing is usually negative — money spent on assets or acquisitions. Financing shows money raised from, or returned to, lenders and shareholders. Bars above the line are cash in; bars below are cash out.
Operating Cash Flow vs Capex
Figures in US$Operating Cash FlowCapital Expenditure
How to read this: operating cash flow is the cash the business generated; capital expenditure is what it spent on long-term assets like plant and equipment. The gap between them is roughly free cash flow — the cash left over. A wide gap (operating well above capex) means the business funds its investment comfortably from its own earnings.
| Period | Operating Cash Flow | Investing Cash Flow | Financing Cash Flow | Capital Expenditure |
|---|---|---|---|---|
| FY2014 | $438.40M | $-432.90M | $-662.00M | $301.50M |
| FY2015 | $524.20M | $-240.80M | $-153.40M | $211.40M |
| FY2016 | $369.50M | $-598.30M | $236.40M | $201.00M |
| FY2017 | $577.60M | $-493.70M | $-176.70M | $203.90M |
| FY2018 | $595.90M | $-205.50M | $-413.30M | $203.30M |
| FY2019 | $695.90M | $-271.60M | $-313.40M | $273.40M |
| FY2020 | $896.50M | $-241.70M | $22.70M | $269.90M |
| FY2021 | $660.20M | $-288.40M | $-539.50M | $269.80M |
| FY2022 | $838.20M | $-496.80M | $-407.00M | $388.30M |
| FY2023 | $1.10B | $-545.70M | $-671.70M | $518.10M |
| FY2024 | $689.90M | $-1.65B | $1.05B | $393.30M |
| FY2025 | $988.10M | $-28.30M | $-729.20M | $247.90M |
Figures in USD. Educational data only.
Understanding these terms
Plain-English explanations of each figure in the table above, and what a beginner typically looks at. These are educational descriptions only, not advice.
- Operating Cash Flow
- Cash produced by the company's core operations during the period. The US equivalent of "Cash from Operating Activity".How a beginner reads it: A beginner uses this as a reality check on profit, since it reflects cash actually collected. Healthy, consistent operating cash flow underpins a company's ability to invest and repay debt.
- Investing Cash Flow
- Cash used for or generated by buying and selling long-term assets and investments. The US equivalent of "Cash from Investing Activity".How a beginner reads it: A beginner expects this to be negative for companies investing in growth. Reading it next to operating cash flow shows whether the business funds its investments from its own earnings.
- Financing Cash Flow
- Cash flows with lenders and shareholders — borrowing, repaying, issuing shares, buybacks, and dividends. The US equivalent of "Cash from Financing Activity".How a beginner reads it: A beginner reads this to understand whether the company is taking in money (borrowing/issuing) or paying it out (repaying/dividends), and how that fits the operating picture.
- Capital Expenditure
- Money spent on buying or upgrading long-lived assets like plant, equipment, and buildings. Often shortened to "capex".How a beginner reads it: A beginner reads capex against operating cash flow to see whether a company funds its investment from its own earnings. Operating cash flow minus capex is roughly free cash flow.