MarineMax, 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 | $10.81M | $-12.85M | $6.12M | $9.19M |
| FY2015 | $3.07M | $-3.75M | $5.45M | $9.75M |
| FY2016 | $22.86M | $-29.75M | $12.86M | $12.91M |
| FY2017 | $4.75M | $-32.10M | $30.72M | $14.37M |
| FY2018 | $70.41M | $-23.32M | $-40.23M | $13.80M |
| FY2019 | $-12.43M | $-56.33M | $58.63M | $17.06M |
| FY2020 | $304.68M | $-30.11M | $-158.13M | $12.81M |
| FY2021 | $373.88M | $-161.13M | $-145.74M | $26.13M |
| FY2022 | $76.60M | $-140.45M | $73.06M | $58.46M |
| FY2023 | $-222.24M | $-576.37M | $770.40M | $65.41M |
| FY2024 | $-25.66M | $-81.35M | $128.51M | $60.42M |
| FY2025 | $72.81M | $-55.62M | $-71.98M | $60.86M |
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.