Gen Digital
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 |
|---|---|---|---|---|
| FY2015 | $1.31B | $-1.15B | $-811.00M | $303.00M |
| FY2016 | $802.00M | $7.17B | $-4.77B | $272.00M |
| FY2017 | $-209.00M | $-6.77B | $5.28B | $70.00M |
| FY2018 | $950.00M | $-21.00M | $-3.48B | $142.00M |
| FY2019 | $1.50B | $-241.00M | $-1.21B | $207.00M |
| FY2020 | $-861.00M | $11.38B | $-10.12B | $89.00M |
| FY2021 | $706.00M | $-69.00M | $-1.90B | $6.00M |
| FY2022 | $974.00M | $326.00M | $-333.00M | $6.00M |
| FY2023 | $757.00M | $-6.55B | $4.68B | $6.00M |
| FY2024 | $2.06B | $2.00M | $-1.96B | $20.00M |
| FY2025 | $1.22B | $-100.00M | $-970.00M | $15.00M |
| FY2026 | $1.55B | $-1.01B | $-1.13B | $22.00M |
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.