Builders FirstSource
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 | $27.49M | $-94.84M | $30.42M | $25.72M |
| FY2015 | $177.03M | $-1.51B | $1.38B | $43.81M |
| FY2016 | $158.23M | $-38.33M | $-170.51M | $42.66M |
| FY2017 | $178.53M | $-59.43M | $-76.02M | $62.41M |
| FY2018 | $282.83M | $-96.66M | $-233.58M | $101.41M |
| FY2019 | $504.05M | $-199.18M | $-300.90M | $112.87M |
| FY2020 | $260.07M | $-136.23M | $285.87M | $112.08M |
| FY2021 | $1.74B | $-1.34B | $-780.11M | $227.89M |
| FY2022 | $3.60B | $-957.48M | $-2.60B | $340.15M |
| FY2023 | $2.31B | $-668.29M | $-1.65B | $476.34M |
| FY2024 | $1.87B | $-710.72M | $-1.07B | $380.57M |
| FY2025 | $1.22B | $-1.47B | $279.42M | $362.60M |
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.