Wolverine World Wide, Inc.
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 |
|---|---|---|---|---|
| FY2012 | $91.60M | $-1.25B | $1.18B | $14.90M |
| FY2013 | $202.30M | $-44.70M | $-112.80M | $41.70M |
| FY2015 | $314.60M | $-34.80M | $-270.40M | $30.00M |
| FY2016 | $296.30M | $-38.40M | $-79.50M | $55.30M |
| FY2017 | $202.70M | $-1.00M | $-98.00M | $32.40M |
| FY2018 | $97.50M | $-22.20M | $-404.50M | $21.70M |
| FY2019 | $222.60M | $-61.50M | $-124.60M | $34.40M |
| FY2021 | $309.10M | $6.10M | $-154.00M | $10.30M |
| FY2022 | $-178.90M | $54.60M | $107.10M | $36.50M |
| FY2023 | $121.80M | $171.60M | $-246.30M | $14.60M |
| FY2024 | $180.10M | $86.80M | $-299.20M | $20.20M |
| FY2026 | $140.00M | $-13.90M | $-77.70M | $14.50M |
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.