Abercrombie & Fitch
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 | $312.48M | $-175.07M | $-181.45M | $174.62M |
| FY2016 | $310.01M | $-122.57M | $-106.94M | $143.20M |
| FY2017 | $185.17M | $-136.75M | $-84.51M | $140.84M |
| FY2018 | $287.66M | $-106.80M | $-74.81M | $107.00M |
| FY2019 | $352.93M | $-152.39M | $-131.69M | $152.39M |
| FY2020 | $300.69M | $-202.78M | $-147.87M | $202.78M |
| FY2021 | $404.92M | $-51.91M | $69.72M | $101.91M |
| FY2022 | $277.78M | $-96.98M | $-446.90M | $96.98M |
| FY2023 | $-2.34M | $-140.68M | $-155.33M | $164.57M |
| FY2024 | $653.42M | $-157.18M | $-111.20M | $157.80M |
| FY2025 | $710.38M | $-297.70M | $-534.88M | $182.90M |
| FY2026 | $619.14M | $-150.77M | $-495.39M | $240.77M |
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.