TopBuild Corp.
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 | $71.86M | $-11.26M | $-60.66M | $13.14M |
| FY2015 | $56.01M | $-12.21M | $66.08M | $13.64M |
| FY2016 | $76.79M | $-16.80M | $-38.46M | $14.16M |
| FY2017 | $113.19M | $-108.60M | $-82.45M | $25.31M |
| FY2018 | $167.17M | $-551.82M | $429.06M | $52.50M |
| FY2019 | $271.78M | $-50.14M | $-137.76M | $45.54M |
| FY2020 | $357.88M | $-121.88M | $-90.80M | $40.94M |
| FY2021 | $403.03M | $-1.32B | $729.01M | $55.55M |
| FY2022 | $495.80M | $-93.91M | $-300.07M | $76.38M |
| FY2023 | $849.41M | $-198.17M | $-43.84M | $64.00M |
| FY2024 | $776.03M | $-203.52M | $-1.02B | $69.35M |
| FY2025 | $756.32M | $-1.99B | $1.02B | $59.43M |
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.