Murphy USA
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 | $305.58M | $-149.42M | $-122.80M | $135.34M |
| FY2015 | $215.84M | $-189.63M | $-251.97M | $205.23M |
| FY2016 | $337.40M | $-134.80M | $-151.10M | $262.10M |
| FY2017 | $283.60M | $-262.10M | $-5.30M | $258.30M |
| FY2018 | $398.70M | $-209.10M | $-175.10M | $204.30M |
| FY2019 | $313.30M | $-203.10M | $-14.40M | $204.80M |
| FY2020 | $563.70M | $-224.30M | $-456.10M | $230.70M |
| FY2021 | $737.40M | $-914.20M | $269.60M | $274.70M |
| FY2022 | $994.70M | $-319.30M | $-871.30M | $305.30M |
| FY2023 | $784.00M | $-323.60M | $-403.10M | $335.60M |
| FY2024 | $847.60M | $-445.80M | $-472.60M | $458.10M |
| FY2025 | $813.90M | $-436.00M | $-396.00M | $439.60M |
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.