Curtiss-Wright
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 | $331.77M | $53.45M | $-92.44M | $67.12M |
| FY2015 | $162.48M | $-15.58M | $-289.22M | $35.51M |
| FY2016 | $423.20M | $-42.93M | $-96.14M | $46.78M |
| FY2017 | $388.71M | $-272.33M | $-213.90M | $52.71M |
| FY2018 | $336.27M | $-255.52M | $-263.64M | $53.42M |
| FY2019 | $421.40M | $-240.04M | $-68.15M | $69.75M |
| FY2020 | $261.18M | $-532.53M | $82.08M | $47.50M |
| FY2021 | $387.67M | $-42.40M | $-369.13M | $41.11M |
| FY2022 | $294.78M | $-325.87M | $129.43M | $38.22M |
| FY2023 | $448.09M | $-35.52M | $-273.40M | $44.67M |
| FY2024 | $544.28M | $-283.31M | $-271.49M | $60.97M |
| FY2025 | $643.40M | $-90.12M | $-578.30M | $89.69M |
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.