Hancock Whitney
S&P 400
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 | $352.43M | $-1.91B | $1.57B | $20.45M |
| FY2015 | $235.73M | $-2.28B | $1.99B | $23.80M |
| FY2016 | $343.92M | $-1.32B | $1.05B | $19.27M |
| FY2017 | $411.09M | $-895.32M | $498.50M | $20.30M |
| FY2018 | $449.18M | $-846.90M | $394.14M | $50.66M |
| FY2019 | $351.95M | $-459.02M | $155.81M | $42.72M |
| FY2020 | $355.19M | $-3.18B | $2.92B | $37.87M |
| FY2021 | $585.69M | $-3.22B | $2.51B | $23.54M |
| FY2022 | $842.02M | $662.36M | $-1.34B | $29.15M |
| FY2023 | $495.25M | $-295.21M | $-203.30M | $25.03M |
| FY2024 | $625.74M | $274.76M | $-886.79M | $10.24M |
| FY2025 | $541.78M | $-314.36M | $-239.34M | $18.72M |
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.