Papa John's Pizza
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 | $122.63M | $-55.03M | $-60.92M | $48.66M |
| FY2015 | $170.46M | $-38.95M | $-130.28M | $38.97M |
| FY2016 | $150.26M | $-46.27M | $-109.03M | $55.55M |
| FY2017 | $134.98M | $-56.50M | $-72.06M | $52.59M |
| FY2018 | $92.45M | $-38.80M | $-48.10M | $42.03M |
| FY2019 | $61.75M | $-32.58M | $-34.57M | $37.71M |
| FY2020 | $186.44M | $-41.07M | $-43.46M | $35.65M |
| FY2021 | $184.68M | $-63.51M | $-180.53M | $68.56M |
| FY2022 | $117.81M | $-62.79M | $-76.24M | $78.39M |
| FY2023 | $193.06M | $-75.12M | $-124.08M | $76.62M |
| FY2024 | $106.63M | $-17.35M | $-91.67M | $72.48M |
| FY2025 | $126.00M | $-21.49M | $-106.26M | $64.70M |
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.