AptarGroup
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 | $316.33M | $-159.20M | $-20.74M | $161.94M |
| FY2015 | $323.76M | $-176.23M | $-32.31M | $149.32M |
| FY2016 | $325.30M | $-300.50M | $-29.72M | $128.99M |
| FY2017 | $324.73M | $-224.80M | $114.79M | $156.62M |
| FY2018 | $313.63M | $-735.46M | $-14.87M | $211.25M |
| FY2019 | $514.46M | $-336.27M | $-197.14M | $242.28M |
| FY2020 | $570.15M | $-451.98M | $-73.72M | $245.95M |
| FY2021 | $363.44M | $-457.24M | $-81.52M | $307.94M |
| FY2022 | $478.62M | $-295.64M | $-162.10M | $310.43M |
| FY2023 | $575.24M | $-324.46M | $-171.55M | $312.34M |
| FY2024 | $643.41M | $-396.72M | $-225.34M | $276.48M |
| FY2025 | $570.00M | $-331.43M | $-77.47M | $270.42M |
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.