Allegion
S&P 500
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 | $255.90M | $-34.80M | $-150.00M | $51.50M |
| FY2015 | $257.00M | $-533.80M | $195.00M | $35.20M |
| FY2016 | $377.50M | $-64.00M | $-196.00M | $42.50M |
| FY2017 | $347.20M | $-50.20M | $-150.90M | $49.30M |
| FY2018 | $457.80M | $-443.80M | $-183.40M | $49.10M |
| FY2019 | $488.20M | $-77.60M | $-342.20M | $65.60M |
| FY2020 | $490.30M | $-56.70M | $-321.90M | $47.10M |
| FY2021 | $488.60M | $-31.60M | $-529.30M | $45.40M |
| FY2022 | $459.50M | $-994.10M | $437.00M | $64.00M |
| FY2023 | $600.60M | $-129.10M | $-298.70M | $84.20M |
| FY2024 | $675.00M | $-228.40M | $-394.50M | $92.10M |
| FY2025 | $783.80M | $-685.50M | $-266.70M | $98.10M |
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.