BioMarin Pharmaceutical
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 | $-70.42M | $196.33M | $184.20M | $117.06M |
| FY2015 | $-219.50M | $-1.18B | $925.72M | $227.65M |
| FY2016 | $-227.84M | $-484.05M | $727.11M | $148.38M |
| FY2017 | $-8.76M | $-305.46M | $507.15M | $199.22M |
| FY2018 | $20.21M | $264.35M | $-388.01M | $144.62M |
| FY2019 | $48.26M | $-31.03M | $-74.67M | $145.03M |
| FY2020 | $85.37M | $-53.62M | $181.12M | $114.31M |
| FY2021 | $304.54M | $-366.31M | $-48.00K | $95.58M |
| FY2022 | $175.90M | $-20.03M | $-18.65M | $120.96M |
| FY2023 | $159.26M | $-111.24M | $-18.73M | $96.69M |
| FY2024 | $572.84M | $136.49M | $-526.45M | $85.42M |
| FY2025 | $827.99M | $-414.24M | $-42.39M | $103.04M |
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.