Applied Industrial Technologies
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 |
|---|---|---|---|---|
| FY2015 | $157.01M | $-173.62M | $22.22M | $14.93M |
| FY2016 | $162.01M | $-75.03M | $-93.01M | $13.13M |
| FY2017 | $164.62M | $-16.89M | $-103.35M | $17.05M |
| FY2018 | $147.30M | $-797.91M | $600.28M | $23.23M |
| FY2019 | $180.60M | $-55.10M | $-71.54M | $18.97M |
| FY2020 | $296.71M | $-55.40M | $-78.24M | $20.12M |
| FY2021 | $241.70M | $-44.93M | $-213.04M | $15.85M |
| FY2022 | $187.57M | $-35.66M | $-223.03M | $18.12M |
| FY2023 | $343.97M | $-60.83M | $-126.89M | $26.48M |
| FY2024 | $371.39M | $-95.41M | $-156.47M | $24.86M |
| FY2025 | $492.39M | $-318.75M | $-245.61M | $27.19M |
| FY2026 | $484.08M | $-33.90M | $-711.54M | $23.57M |
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.