Primoris Services Corporation
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 | $36.10M | $-102.60M | $9.89M | $87.95M |
| FY2015 | $48.38M | $-48.52M | $21.80M | $67.10M |
| FY2016 | $62.58M | $-59.42M | $-28.46M | $58.03M |
| FY2017 | $188.94M | $-131.43M | $-22.95M | $79.78M |
| FY2018 | $126.82M | $-209.15M | $63.94M | $110.19M |
| FY2019 | $118.95M | $-65.87M | $-83.28M | $94.49M |
| FY2020 | $313.00M | $-42.51M | $-62.82M | $64.36M |
| FY2021 | $79.75M | $-691.27M | $485.73M | $133.84M |
| FY2022 | $83.35M | $-481.94M | $452.04M | $94.69M |
| FY2023 | $198.50M | $-30.00M | $-205.30M | $103.00M |
| FY2024 | $508.30M | $-27.20M | $-244.40M | $126.50M |
| FY2025 | $470.40M | $-93.90M | $-296.30M | $129.90M |
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.