EnerSys
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 |
|---|---|---|---|---|
| FY2015 | $194.47M | $-59.62M | $-59.31M | $63.63M |
| FY2016 | $307.57M | $-80.92M | $-105.73M | $55.88M |
| FY2017 | $246.03M | $-61.83M | $-62.54M | $50.07M |
| FY2018 | $211.05M | $-72.36M | $-166.89M | $69.83M |
| FY2019 | $197.86M | $-723.88M | $346.58M | $70.37M |
| FY2020 | $253.40M | $-274.82M | $62.68M | $101.43M |
| FY2021 | $358.38M | $-65.04M | $-188.72M | $70.02M |
| FY2022 | $-65.59M | $-69.23M | $98.43M | $74.04M |
| FY2023 | $279.94M | $-44.80M | $-270.45M | $88.77M |
| FY2024 | $457.03M | $-92.48M | $-370.56M | $86.44M |
| FY2025 | $260.30M | $-336.39M | $90.27M | $121.04M |
| FY2026 | $547.60M | $-87.88M | $-380.70M | $80.07M |
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.