Williams-Sonoma, Inc.
S&P 500
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 |
|---|---|---|---|---|
| FY2015 | $461.70M | $-188.60M | $-379.02M | $204.80M |
| FY2016 | $544.03M | $-202.17M | $-369.38M | $202.94M |
| FY2017 | $524.71M | $-196.98M | $-305.81M | $197.41M |
| FY2018 | $499.70M | $-269.76M | $-51.71M | $189.71M |
| FY2019 | $585.99M | $-187.90M | $-450.07M | $190.10M |
| FY2020 | $607.29M | $-185.55M | $-327.23M | $186.28M |
| FY2021 | $1.27B | $-168.88M | $-343.02M | $169.51M |
| FY2022 | $1.37B | $-226.25M | $-1.49B | $226.52M |
| FY2023 | $1.05B | $-353.96M | $-1.18B | $354.12M |
| FY2024 | $1.68B | $-188.26M | $-598.31M | $188.46M |
| FY2025 | $1.36B | $-221.21M | $-1.18B | $221.57M |
| FY2026 | $1.31B | $-260.58M | $-1.25B | $259.44M |
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.