Axos Financial, Inc.
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 |
|---|---|---|---|---|
| FY2015 | $116.10M | $-1.37B | $1.33B | $5.12M |
| FY2016 | $166.90M | $-1.54B | $1.63B | $10.24M |
| FY2017 | $198.50M | $-788.73M | $747.05M | $8.76M |
| FY2018 | $167.92M | $-1.03B | $837.40M | $11.82M |
| FY2019 | $204.42M | $-931.74M | $961.84M | $20.08M |
| FY2020 | $284.12M | $-1.35B | $2.16B | $12.33M |
| FY2021 | $412.58M | $-866.77M | $-458.56M | $10.44M |
| FY2022 | $216.62M | $-2.78B | $3.10B | $21.50M |
| FY2023 | $196.71M | $-2.40B | $3.01B | $30.22M |
| FY2024 | $305.48M | $-2.59B | $2.09B | $35.96M |
| FY2025 | $490.33M | $-1.84B | $1.34B | $54.21M |
| FY2026 | $557.60M | $-5.04B | $3.61B | $266.45M |
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.