S&P 500 Year-over-Year Operating Cash Flow Growth (TTM)

Live value temporarily unavailable.

Source: Company filings (aggregated)

Data updated daily

What it measures

The S&P 500 operating cash flow (CFO) growth rate measures the year-over-year percentage change in aggregate trailing-twelve-month cash flow from operations for index constituents. A reading of +5% means the index generated 5% more operating cash flow versus the equivalent twelve-month window one year earlier.

Why it matters

Operating cash flow growth measures the cash actually generated by business operations before investing and financing decisions, making it a more robust indicator of business health than reported earnings. Because CFO includes working capital changes, it captures whether growth in reported earnings is supported by real cash collection or inflated by balance sheet management. Persistent CFO growth that lags net income growth is a classic early signal of earnings quality deterioration. At the index level, aggregate CFO growth is a leading indicator of future capital allocation capacity.

How it is calculated

CFO Growth (YoY, TTM) = (Σ TTM CFO_t − Σ TTM CFO_t−4Q) ÷ |Σ TTM CFO_t−4Q| × 100

LENSE computes the S&P 500 CFO growth rate as the year-over-year change in aggregate TTM cash from operations — the sum across current index constituents — not an average of individual company growth rates. CFO per constituent is sourced from as-reported quarterly cash flow statements; TTM figures are constructed by summing the four most recently reported quarters. Periods where the prior-period aggregate CFO is zero or negative are excluded. Index constituency is resolved point-in-time using point-in-time index constituency.

Recent (monthly)

Recent data unavailable.

Data source: Company filings (aggregated). Computed and published by LENSE Analytics.