Cal-Maine Foods, 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 | $195.33M | $-141.63M | $-59.55M | $82.26M |
| FY2016 | $388.44M | $-219.15M | $-148.91M | $76.13M |
| FY2017 | $-45.92M | $52.73M | $-18.30M | $66.66M |
| FY2018 | $200.42M | $-163.85M | $-5.70M | $19.67M |
| FY2019 | $115.09M | $-47.82M | $-46.45M | $67.99M |
| FY2020 | $73.61M | $-61.37M | $-3.36M | $124.18M |
| FY2021 | $26.14M | $-44.19M | $-2.72M | $95.07M |
| FY2022 | $126.21M | $-117.02M | $-7.46M | $72.40M |
| FY2023 | $863.01M | $-375.11M | $-254.16M | $136.57M |
| FY2024 | $451.40M | $-412.59M | $-93.76M | $147.12M |
| FY2025 | $1.22B | $-575.47M | $-386.72M | $161.26M |
| FY2026 | $479.75M | $-503.88M | $-362.75M | $151.22M |
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.