M/I Homes, 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 | $-132.50M | $-19.70M | $32.07M | $2.95M |
| FY2015 | $-82.37M | $-41.48M | $114.46M | $3.66M |
| FY2016 | $34.20M | $-31.65M | $18.79M | $13.11M |
| FY2017 | $-53.18M | $-9.16M | $179.60M | $8.80M |
| FY2018 | $-2.59M | $-133.96M | $6.38M | $8.14M |
| FY2019 | $65.63M | $-27.59M | $-53.48M | $4.53M |
| FY2020 | $168.33M | $-33.87M | $120.26M | $11.68M |
| FY2021 | $-16.82M | $-51.72M | $44.10M | $25.30M |
| FY2022 | $184.07M | $-27.38M | $-81.52M | $9.33M |
| FY2023 | $552.13M | $-18.63M | $-112.24M | $5.77M |
| FY2024 | $179.74M | $-54.90M | $-36.07M | $8.42M |
| FY2025 | $137.35M | $-59.74M | $-209.99M | $9.61M |
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.