Martin Marietta Materials
S&P 500
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 | $381.66M | $-49.33M | $-266.12M | $232.18M |
| FY2015 | $580.60M | $88.55M | $-609.39M | $318.23M |
| FY2016 | $688.94M | $-555.02M | $-252.29M | $387.27M |
| FY2017 | $657.60M | $-386.10M | $1.12B | $410.30M |
| FY2018 | $705.10M | $-1.95B | $-158.40M | $376.00M |
| FY2019 | $966.10M | $-385.90M | $-604.10M | $393.50M |
| FY2020 | $1.05B | $-409.70M | $-357.00M | $359.70M |
| FY2021 | $1.14B | $-3.47B | $2.29B | $423.10M |
| FY2022 | $991.00M | $-484.00M | $-407.00M | $482.00M |
| FY2023 | $1.53B | $459.00M | $-1.06B | $650.00M |
| FY2024 | $1.46B | $-2.44B | $373.00M | $855.00M |
| FY2025 | $1.79B | $-1.59B | $-800.00M | $807.00M |
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.