Deckers Brands
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 | $169.65M | $-100.64M | $-78.26M | $91.15M |
| FY2016 | $125.81M | $-67.22M | $-36.81M | $66.19M |
| FY2017 | $199.33M | $-44.50M | $-103.76M | $44.50M |
| FY2018 | $327.36M | $-34.70M | $-157.72M | $34.81M |
| FY2019 | $359.51M | $-29.02M | $-167.19M | $29.09M |
| FY2020 | $286.33M | $-31.96M | $-192.11M | $32.46M |
| FY2021 | $596.22M | $-32.17M | $-129.58M | $32.22M |
| FY2022 | $172.35M | $-51.01M | $-367.48M | $51.02M |
| FY2023 | $537.42M | $-81.01M | $-309.03M | $81.03M |
| FY2024 | $1.03B | $-89.33M | $-417.68M | $89.37M |
| FY2025 | $1.04B | $-75.00M | $-581.33M | $86.17M |
| FY2026 | $1.18B | $-84.61M | $-1.08B | $84.62M |
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.