Werner Enterprises
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 | $206.57M | $-203.49M | $-3.67M | $296.65M |
| FY2015 | $370.39M | $-335.55M | $-24.99M | $454.10M |
| FY2016 | $309.66M | $-410.25M | $83.37M | $537.84M |
| FY2017 | $282.83M | $-183.81M | $-101.42M | $316.34M |
| FY2018 | $418.16M | $-331.37M | $-67.61M | $519.87M |
| FY2019 | $426.64M | $-272.31M | $-155.22M | $420.75M |
| FY2020 | $445.91M | $-263.28M | $-185.96M | $413.07M |
| FY2021 | $332.82M | $-397.30M | $89.67M | $370.85M |
| FY2022 | $448.71M | $-514.33M | $118.03M | $507.25M |
| FY2023 | $474.37M | $-434.94M | $-87.07M | $598.79M |
| FY2024 | $329.73M | $-241.45M | $-105.72M | $413.80M |
| FY2025 | $181.83M | $-171.57M | $7.30M | $250.36M |
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.