Masimo
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 |
|---|---|---|---|---|
| FY2012 | $75.12M | $-51.58M | $-82.09M | $10.52M |
| FY2013 | $55.10M | $-13.80M | $-17.94M | $9.43M |
| FY2015 | $95.61M | $-78.96M | $26.64M | $75.06M |
| FY2016 | $419.13M | $-25.31M | $-216.62M | $19.71M |
| FY2017 | $56.06M | $-47.91M | $-4.14M | $43.68M |
| FY2018 | $239.53M | $-26.15M | $25.78M | $17.13M |
| FY2019 | $221.64M | $-197.68M | $-9.34M | $68.38M |
| FY2021 | $211.10M | $-82.80M | $-54.30M | $72.50M |
| FY2022 | $29.40M | $-1.06B | $520.40M | $52.80M |
| FY2023 | $94.10M | $-81.20M | $-57.10M | $38.40M |
| FY2024 | $196.40M | $-51.20M | $-125.60M | $21.10M |
| FY2026 | $217.80M | $275.10M | $-520.70M | $19.40M |
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.