Wintrust Financial
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 | $206.37M | $-1.84B | $1.60B | $38.14M |
| FY2015 | $38.97M | $-1.64B | $1.65B | $43.46M |
| FY2016 | $310.97M | $-2.49B | $2.18B | $33.92M |
| FY2017 | $401.63M | $-2.30B | $1.91B | $59.19M |
| FY2018 | $377.18M | $-2.76B | $2.50B | $68.27M |
| FY2019 | $265.99M | $-4.02B | $3.65B | $82.02M |
| FY2020 | $-518.47M | $-7.18B | $7.74B | $63.65M |
| FY2021 | $1.13B | $-5.93B | $4.89B | $57.08M |
| FY2022 | $1.38B | $-3.49B | $2.20B | $53.45M |
| FY2023 | $744.38M | $-3.24B | $2.43B | $46.41M |
| FY2024 | $721.56M | $-5.95B | $5.26B | $86.03M |
| FY2025 | $910.35M | $-6.17B | $5.27B | $49.95M |
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.