RLI Corp.
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 | $123.09M | $22.77M | $-154.71M | $7.12M |
| FY2015 | $152.59M | $-60.60M | $-111.53M | $10.04M |
| FY2016 | $174.46M | $-53.62M | $-113.65M | $16.16M |
| FY2017 | $197.53M | $-81.21M | $-110.31M | $9.24M |
| FY2018 | $217.10M | $-134.21M | $-77.02M | $6.09M |
| FY2019 | $276.92M | $-184.75M | $-76.10M | $6.96M |
| FY2020 | $263.26M | $-167.99M | $-79.26M | $5.77M |
| FY2021 | $384.91M | $-274.83M | $-83.49M | $8.31M |
| FY2022 | $250.45M | $48.88M | $-365.31M | $5.89M |
| FY2023 | $464.26M | $-211.80M | $-238.85M | $5.91M |
| FY2024 | $560.22M | $-318.87M | $-237.98M | $4.71M |
| FY2025 | $614.22M | $-362.13M | $-240.32M | $5.52M |
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.