LCI Industries
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 | $107.02M | $-144.07M | $-29.22M | $42.46M |
| FY2015 | $95.02M | $-66.12M | $-16.60M | $28.99M |
| FY2016 | $201.67M | $-91.71M | $-36.10M | $44.67M |
| FY2017 | $152.70M | $-145.88M | $-66.95M | $87.22M |
| FY2018 | $156.61M | $-302.80M | $135.07M | $119.83M |
| FY2019 | $269.53M | $-503.83M | $254.97M | $58.20M |
| FY2020 | $231.40M | $-232.30M | $14.05M | $57.35M |
| FY2021 | $-111.57M | $-281.22M | $404.56M | $98.53M |
| FY2022 | $602.51M | $-241.79M | $-374.87M | $130.64M |
| FY2023 | $527.23M | $-83.75M | $-426.18M | $62.21M |
| FY2024 | $370.28M | $-61.10M | $-208.22M | $42.33M |
| FY2025 | $330.98M | $-147.07M | $-125.49M | $52.64M |
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.