Crocs
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 | $-11.65M | $-57.99M | $23.43M | $15.99M |
| FY2015 | $9.70M | $-18.63M | $-101.26M | $18.49M |
| FY2016 | $39.75M | $-19.86M | $-16.44M | $22.19M |
| FY2017 | $98.26M | $-11.54M | $-65.37M | $13.12M |
| FY2018 | $114.16M | $-10.11M | $-148.80M | $11.98M |
| FY2019 | $89.96M | $-36.24M | $-68.64M | $36.58M |
| FY2020 | $266.90M | $-41.76M | $-198.04M | $42.03M |
| FY2021 | $567.17M | $-55.93M | $-429.64M | $55.92M |
| FY2022 | $603.14M | $-2.15B | $1.53B | $104.19M |
| FY2023 | $930.44M | $-115.67M | $-859.64M | $115.63M |
| FY2024 | $992.49M | $-69.35M | $-886.05M | $69.35M |
| FY2025 | $710.43M | $-51.23M | $-714.57M | $51.23M |
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.