F5, Inc.
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 |
|---|---|---|---|---|
| FY2014 | $548.99M | $150.64M | $-604.96M | $22.72M |
| FY2015 | $684.54M | $-10.70M | $-556.90M | $60.31M |
| FY2016 | $711.54M | $62.72M | $-652.65M | $63.49M |
| FY2017 | $740.28M | $-32.21M | $-546.03M | $38.68M |
| FY2018 | $761.07M | $-456.02M | $-551.26M | $53.47M |
| FY2019 | $747.84M | $-414.63M | $-155.45M | $103.54M |
| FY2020 | $660.90M | $-747.00M | $337.24M | $59.94M |
| FY2021 | $645.20M | $-445.34M | $-468.28M | $30.65M |
| FY2022 | $442.63M | $218.12M | $-476.51M | $33.62M |
| FY2023 | $653.41M | $36.39M | $-653.30M | $54.18M |
| FY2024 | $792.42M | $-59.21M | $-457.00M | $30.41M |
| FY2025 | $949.67M | $-219.49M | $-464.82M | $43.26M |
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.