First Hawaiian, Inc.
S&P 600
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 | $246.75M | $-1.54B | $747.44M | $20.74M |
| FY2015 | $142.60M | $243.83M | $1.00B | $19.12M |
| FY2016 | $220.09M | $-1.90B | $78.46M | $15.54M |
| FY2017 | $269.77M | $-971.08M | $683.89M | $10.07M |
| FY2018 | $351.41M | $-257.81M | $-124.61M | $35.88M |
| FY2019 | $296.50M | $375.21M | $-981.34M | $29.35M |
| FY2020 | $209.51M | $-2.10B | $2.24B | $33.39M |
| FY2021 | $417.13M | $-2.38B | $2.18B | $20.46M |
| FY2022 | $430.61M | $-965.10M | $-197.36M | $13.30M |
| FY2023 | $255.03M | $1.03B | $-66.93M | $15.99M |
| FY2024 | $317.51M | $548.55M | $-1.44B | $28.77M |
| FY2025 | $335.07M | $264.11M | $-291.62M | $31.78M |
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.