MDU Resources Group, 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 | $587.06M | $-904.19M | $325.20M | $429.34M |
| FY2015 | $661.83M | $-382.45M | $-255.73M | $536.83M |
| FY2016 | $462.21M | $-305.10M | $-194.91M | $388.18M |
| FY2017 | $448.01M | $-214.17M | $-245.35M | $341.38M |
| FY2018 | $499.88M | $-710.91M | $230.38M | $568.23M |
| FY2019 | $542.28M | $-603.86M | $74.09M | $576.07M |
| FY2020 | $768.37M | $-630.24M | $-145.04M | $558.01M |
| FY2021 | $495.78M | $-885.88M | $384.72M | $485.20M |
| FY2022 | $510.06M | $-638.88M | $155.17M | $442.58M |
| FY2023 | $332.63M | $-540.79M | $204.62M | $484.14M |
| FY2024 | $502.32M | $-552.69M | $40.30M | $522.82M |
| FY2025 | $473.37M | $-780.86M | $268.80M | $770.39M |
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.