Coherent Corp.
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 |
|---|---|---|---|---|
| FY2015 | $129.37M | $-52.25M | $-76.06M | $52.31M |
| FY2016 | $122.97M | $-135.17M | $61.45M | $58.17M |
| FY2017 | $118.62M | $-177.24M | $111.57M | $138.52M |
| FY2018 | $161.01M | $-284.95M | $96.97M | $153.44M |
| FY2019 | $178.48M | $-223.98M | $4.88M | $137.12M |
| FY2020 | $297.29M | $-1.18B | $1.17B | $136.88M |
| FY2021 | $574.35M | $-172.96M | $675.73M | $146.34M |
| FY2022 | $413.33M | $-320.08M | $862.95M | $314.33M |
| FY2023 | $634.03M | $-5.93B | $3.55B | $436.06M |
| FY2024 | $545.73M | $-350.71M | $758.27M | $346.82M |
| FY2025 | $633.60M | $-414.22M | $-451.73M | $440.84M |
| FY2026 | $79.51M | $-1.41B | $1.48B | $1.10B |
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.