Fair Isaac
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 | $175.03M | $-19.84M | $-130.39M | $12.59M |
| FY2015 | $146.77M | $-81.92M | $-72.43M | $25.00M |
| FY2016 | $210.27M | $-27.62M | $-190.02M | $21.97M |
| FY2017 | $225.64M | $-20.61M | $-180.63M | $19.83M |
| FY2018 | $223.05M | $-14.12M | $-218.63M | $31.30M |
| FY2019 | $260.35M | $-42.76M | $-200.05M | $23.98M |
| FY2020 | $364.92M | $-24.58M | $-289.42M | $21.99M |
| FY2021 | $423.82M | $137.85M | $-523.57M | $7.57M |
| FY2022 | $509.45M | $-5.67M | $-547.17M | $6.03M |
| FY2023 | $468.92M | $-15.95M | $-455.00M | $4.24M |
| FY2024 | $632.96M | $-27.99M | $-592.92M | $8.88M |
| FY2025 | $778.81M | $-43.72M | $-750.33M | $8.92M |
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.