MasTec
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 | $323.01M | $-439.26M | $118.68M | $109.25M |
| FY2015 | $367.41M | $-128.70M | $-258.92M | $84.41M |
| FY2016 | $205.59M | $-141.02M | $-29.49M | $117.11M |
| FY2017 | $144.10M | $-272.75M | $130.32M | $123.41M |
| FY2018 | $529.96M | $-181.80M | $-361.09M | $180.42M |
| FY2019 | $550.28M | $-261.82M | $-244.63M | $126.47M |
| FY2020 | $937.25M | $-216.61M | $-369.89M | $213.75M |
| FY2021 | $793.07M | $-1.36B | $501.94M | $170.07M |
| FY2022 | $352.30M | $-821.18M | $480.90M | $263.35M |
| FY2023 | $687.28M | $-178.06M | $-351.00M | $192.94M |
| FY2024 | $1.12B | $-157.49M | $-1.09B | $148.86M |
| FY2025 | $545.71M | $-267.25M | $-283.44M | $259.99M |
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.