EPR Properties
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 | $250.30M | $-376.23M | $121.59M | $85.21M |
| FY2015 | $278.46M | $-568.54M | $292.02M | $179.82M |
| FY2016 | $305.36M | $-662.15M | $371.13M | $219.17M |
| FY2017 | $398.27M | $-702.07M | $333.47M | $61.20M |
| FY2018 | $484.33M | $-96.81M | $-427.55M | $187.46M |
| FY2019 | $439.53M | $96.51M | $-23.22M | $500.63M |
| FY2020 | $65.27M | $133.99M | $297.17M | $38.71M |
| FY2021 | $306.93M | $1.86M | $-1.05B | $56.56M |
| FY2022 | $441.72M | $-351.59M | $-269.39M | $402.52M |
| FY2023 | $447.09M | $-201.05M | $-275.70M | $269.43M |
| FY2024 | $393.14M | $-176.35M | $-261.62M | $263.92M |
| FY2025 | $420.95M | $-121.68M | $-236.73M | $151.75M |
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.