Matador Resources
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 |
|---|---|---|---|---|
| FY2014 | $251.48M | $-570.53M | $321.17M | $610.37M |
| FY2015 | $208.54M | $-425.15M | $224.94M | $698.44M |
| FY2016 | $134.09M | $-448.74M | $467.71M | $454.36M |
| FY2017 | $299.13M | $-819.28M | $408.50M | $872.96M |
| FY2018 | $608.52M | $-1.52B | $888.23M | $1.50B |
| FY2019 | $552.04M | $-903.98M | $333.08M | $946.03M |
| FY2020 | $477.58M | $-775.67M | $324.34M | $721.84M |
| FY2021 | $1.05B | $-729.27M | $-328.55M | $837.93M |
| FY2022 | $1.98B | $-1.04B | $-480.85M | $1.06B |
| FY2023 | $1.87B | $-3.21B | $902.33M | $3.23B |
| FY2024 | $2.25B | $-3.67B | $1.41B | $3.91B |
| FY2025 | $2.43B | $-2.16B | $-282.60M | $2.16B |
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.