Texas Roadhouse
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 | $191.71M | $-124.24M | $-76.23M | $125.45M |
| FY2015 | $227.94M | $-173.20M | $-81.53M | $173.48M |
| FY2016 | $257.07M | $-164.74M | $-38.72M | $164.74M |
| FY2017 | $286.37M | $-178.16M | $-70.24M | $161.63M |
| FY2018 | $352.87M | $-158.15M | $-135.52M | $155.98M |
| FY2019 | $374.30M | $-214.82M | $-261.72M | $214.34M |
| FY2020 | $230.44M | $-161.11M | $185.94M | $154.40M |
| FY2021 | $468.83M | $-195.10M | $-301.23M | $200.69M |
| FY2022 | $511.73M | $-263.73M | $-409.78M | $246.12M |
| FY2023 | $564.98M | $-367.17M | $-267.43M | $347.03M |
| FY2024 | $753.63M | $-336.90M | $-275.75M | $354.34M |
| FY2025 | $730.07M | $-482.81M | $-357.77M | $388.00M |
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.