Kirby Corporation
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 | $438.91M | $-376.55M | $-42.08M | $355.14M |
| FY2015 | $524.28M | $-362.30M | $-180.40M | $345.48M |
| FY2016 | $415.79M | $-349.52M | $-66.52M | $231.07M |
| FY2017 | $353.38M | $-593.09M | $254.18M | $177.22M |
| FY2018 | $347.00M | $-782.62M | $423.32M | $301.86M |
| FY2019 | $511.81M | $-453.00M | $-41.88M | $248.16M |
| FY2020 | $444.94M | $-485.85M | $96.51M | $148.19M |
| FY2021 | $321.58M | $-55.79M | $-311.31M | $98.02M |
| FY2022 | $294.13M | $-139.60M | $-108.76M | $172.61M |
| FY2023 | $540.23M | $-413.15M | $-175.08M | $401.73M |
| FY2024 | $756.49M | $-400.13M | $-314.50M | $342.66M |
| FY2025 | $670.20M | $-352.18M | $-313.69M | $264.47M |
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.