SEI Investments Company
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 | $374.80M | $-53.39M | $-224.75M | $28.47M |
| FY2015 | $407.52M | $-78.02M | $-305.86M | $44.47M |
| FY2016 | $434.22M | $-81.59M | $-328.67M | $31.40M |
| FY2017 | $459.90M | $-172.30M | $-253.63M | $25.53M |
| FY2018 | $588.40M | $-123.37M | $-443.72M | $29.10M |
| FY2019 | $545.12M | $-78.18M | $-386.62M | $43.10M |
| FY2020 | $488.68M | $-67.50M | $-482.14M | $54.45M |
| FY2021 | $633.10M | $-164.88M | $-422.32M | $26.50M |
| FY2022 | $566.12M | $-89.81M | $-437.24M | $39.19M |
| FY2023 | $447.03M | $-141.54M | $-331.32M | $24.84M |
| FY2024 | $622.34M | $-117.30M | $-494.40M | $32.23M |
| FY2025 | $607.66M | $-399.09M | $-589.50M | $22.64M |
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.