United Parks & Resorts
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 | $261.53M | $-156.55M | $-177.92M | $154.64M |
| FY2015 | $286.27M | $-157.38M | $-153.83M | $157.30M |
| FY2016 | $280.41M | $-160.52M | $-70.14M | $160.52M |
| FY2017 | $192.46M | $-170.87M | $-56.97M | $172.52M |
| FY2018 | $293.94M | $-180.03M | $-112.90M | $179.77M |
| FY2019 | $348.42M | $-195.19M | $-147.31M | $195.22M |
| FY2020 | $-120.73M | $-109.18M | $624.20M | $109.18M |
| FY2021 | $503.01M | $-128.85M | $-364.90M | $128.85M |
| FY2022 | $564.59M | $-200.71M | $-726.05M | $200.71M |
| FY2023 | $504.92M | $-305.61M | $-34.71M | $304.84M |
| FY2024 | $480.14M | $-248.51M | $-362.66M | $248.43M |
| FY2025 | $380.09M | $-217.49M | $-178.73M | $217.49M |
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.