Freshpet
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 | $-8.03M | $-16.88M | $58.72M | $17.13M |
| FY2015 | $6.74M | $-35.26M | $291.75K | $27.02M |
| FY2016 | $12.80M | $-26.69M | $9.77M | $29.95M |
| FY2017 | $10.27M | $-13.00M | $1.01M | $13.00M |
| FY2018 | $18.58M | $-16.27M | $3.07M | $16.27M |
| FY2019 | $16.32M | $-70.63M | $56.23M | $70.63M |
| FY2020 | $21.19M | $-162.46M | $199.04M | $134.57M |
| FY2021 | $647.00K | $-322.10M | $326.99M | $322.10M |
| FY2022 | $-43.23M | $-233.36M | $336.54M | $230.07M |
| FY2023 | $75.94M | $-239.09M | $327.29M | $239.09M |
| FY2024 | $154.29M | $-187.09M | $4.57M | $187.09M |
| FY2025 | $160.56M | $-148.18M | $-3.04M | $148.18M |
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.