Alkermes plc
S&P 600
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 | $11.14M | $-263.40M | $308.76M | $33.65M |
| FY2015 | $-40.36M | $-43.49M | $40.89M | $52.88M |
| FY2016 | $-63.80M | $127.24M | $-58.17M | $43.66M |
| FY2017 | $19.19M | $-18.36M | $4.08M | $51.30M |
| FY2018 | $99.28M | $-22.20M | $-1.62M | $69.43M |
| FY2019 | $72.08M | $-141.83M | $6.77M | $90.94M |
| FY2020 | $82.84M | $-11.48M | $-2.17M | $42.22M |
| FY2021 | $101.72M | $-66.20M | $29.07M | $28.02M |
| FY2022 | $21.04M | $-64.54M | $-1.57M | $38.26M |
| FY2023 | $401.35M | $53.36M | $-289.71M | $48.05M |
| FY2024 | $439.12M | $-111.31M | $-494.14M | $33.48M |
| FY2025 | $520.75M | $295.50M | $12.38M | $40.42M |
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.