Copart
S&P 500
Nasdaq 100
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 | $262.59M | $-92.10M | $-76.82M | $81.51M |
| FY2015 | $265.08M | $-81.92M | $120.36M | $79.15M |
| FY2016 | $332.50M | $-172.88M | $-448.50M | $173.92M |
| FY2017 | $492.06M | $-335.79M | $-106.98M | $172.18M |
| FY2018 | $535.07M | $-288.48M | $-182.04M | $287.91M |
| FY2019 | $646.65M | $-356.27M | $-370.30M | $373.88M |
| FY2020 | $917.89M | $-601.21M | $-27.41M | $591.97M |
| FY2021 | $990.89M | $-465.47M | $40.92M | $463.00M |
| FY2022 | $1.18B | $-442.31M | $-382.69M | $337.45M |
| FY2023 | $1.36B | $-1.89B | $66.62M | $516.64M |
| FY2024 | $1.47B | $-940.08M | $19.27M | $510.99M |
| FY2025 | $1.80B | $-587.45M | $52.11M | $568.99M |
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.