Trex
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 | $58.64M | $-12.87M | $-40.00M | $12.97M |
| FY2015 | $62.63M | $-23.33M | $-42.85M | $23.33M |
| FY2016 | $85.29M | $-10.20M | $-62.42M | $14.55M |
| FY2017 | $101.87M | $-86.79M | $-3.23M | $15.04M |
| FY2018 | $138.12M | $-33.73M | $-29.20M | $33.82M |
| FY2019 | $156.35M | $-67.24M | $-45.97M | $67.27M |
| FY2020 | $187.29M | $-170.66M | $-43.77M | $172.82M |
| FY2021 | $258.06M | $-158.04M | $-80.67M | $159.39M |
| FY2022 | $216.22M | $-168.88M | $-176.06M | $176.23M |
| FY2023 | $389.42M | $-166.09M | $-233.70M | $166.09M |
| FY2024 | $143.93M | $-236.54M | $91.94M | $232.34M |
| FY2025 | $358.11M | $-233.22M | $-122.38M | $223.59M |
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.