What is operating cash flow?

It is the cash a company generates from its normal business operations, before investing in assets or returning capital. It comes from the top of the cash flow statement and is often a cleaner read on cash generation than reported earnings.

Why are banks missing?

For banks and insurers, operating cash flow is dominated by deposit and loan flows rather than business performance, so the figure is not comparable to an industrial company. We exclude financials from the cash-flow boards.

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Companies With the Most Operating Cash Flow

How This List Is Built

Companies ranked by the cash their core operations generated over the last twelve months, converted to US dollars. Operating cash flow strips out investing and financing to show the cash the business itself produces.

We sum operating cash flow from the latest four quarterly cash flow statements, convert to US dollars at daily exchange rates, and rank descending. Financials are excluded. Refreshed nightly.

Frequently Asked Questions

What is operating cash flow?: It is the cash a company generates from its normal business operations, before investing in assets or returning capital. It comes from the top of the cash flow statement and is often a cleaner read on cash generation than reported earnings.
Why are banks missing?: For banks and insurers, operating cash flow is dominated by deposit and loan flows rather than business performance, so the figure is not comparable to an industrial company. We exclude financials from the cash-flow boards.

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Companies With the Most Operating Cash Flow

Data as of Aug 10, 2026prices update during market hours (15-min delayed)all figures in USD

Rank	Company				30d	Country
1	Alphabet Inc.GOOGL	$185.68B	$357.52	+0.91%$3.22		US
2	Microsoft CorporationMSFT	$182.94B	$506.06	+1.21%$6.07		US
3	Amazon.com, Inc.AMZN	$161.40B	$278.09	+1.32%$3.61		US
4	Apple Inc.AAPL	$146.72B	$308.26	−1.62%$5.07		US
5	Samsung Electronics Co., Ltd.005935.KS	$138.79B	$121.35	+1.12%$1.34		KR
6	Saudi Arabian Oil Company2222.SR	$131.77B	$7.08	+0.08%$0.01		SA
7	Meta Platforms, Inc.META	$130.30B	$594.92	+0.48%$2.82		US
8	NVIDIA CorporationNVDA	$125.65B	$217.55	−2.86%$6.41		US
9	Taiwan Semiconductor Manufacturing Company LimitedTSM	$83.28B	$418.47	−0.37%$1.57		TW
10	Exxon Mobil CorporationXOM	$59.73B	$159.79	+4.41%$6.75		US
11	PetroChina Company Limited601857.SS	$59.63B	$1.61	+0.74%$0.01		CN
12	Micron Technology, Inc.MU	$51.43B	$861.00	−1.89%$16.57		US
13	SK hynix Inc.SKHY	$49.87B	$135.29	−1.90%$2.62		KR
14	Shell plcSHEL	$49.14B	$89.95	+1.64%$1.45		GB
15	Tencent Holdings Limited80700.HK	$48.65B	$61.59	+0.68%$0.42		CN
16	Chevron CorporationCVX	$47.65B	$194.90	+4.47%$8.34		US
17	Deutsche Telekom AGDTE.DE	$47.16B	$32.47	−3.24%$1.09		DE
18	PJSC GazpromGAZP.ME	$46.98B	$1.13	−0.30%$0.00		RU
19	China Mobile Limited0941.HK	$41.82B	$10.46	+0.24%$0.03		HK
20	Roche Holding AGROP.SW	$41.61B	$461.63	+1.58%$7.18		CH
21	Walmart Inc.WMT	$40.89B	$112.66	+0.72%$0.81		US
22	AT&T Inc.T	$39.90B	$24.08	+1.20%$0.28		US
23	Verizon Communications Inc.VZ	$38.80B	$47.03	−0.06%$0.03		US
24	Petróleo Brasileiro S.A. - PetrobrasPBR-A	$34.92B	$16.44	+2.37%$0.38		BR
25	Broadcom Inc.AVGO	$33.62B	$422.40	−1.25%$5.36		US
26	TotalEnergies SETTE	$33.03B	$87.96	+2.48%$2.13		FR
27	Comcast CorporationCMCSA	$32.52B	$25.20	−0.63%$0.16		US
28	Vodafone Group Public Limited CompanyVOD	$32.45B	$15.75	−2.72%$0.44		GB
29	Oracle CorporationORCL	$31.98B	$151.04	+2.73%$4.02		US
30	CNOOC Limited0883.HK	$31.29B	$2.98	+0.60%$0.02		HK
31	LVMH Moët Hennessy - Louis Vuitton, Société EuropéenneMOH.DE	$30.67B	$557.98	+0.61%$3.41		FR
32	Christian Dior SECDI.PA	$30.66B	$508.46	+0.96%$4.85		FR
33	BP p.l.c.BP	$29.08B	$42.88	+3.00%$1.25		GB
34	T-Mobile US, Inc.TMUS	$28.83B	$178.20	+0.57%$1.01		US
35	BHP Group LimitedBHP	$28.09B	$90.61	+0.22%$0.20		AU
36	Eli Lilly and CompanyLLY	$28.08B	$1,231.58	+3.87%$45.87		US
37	Vinci S.A.SQU.DE	$27.03B	$143.70	−0.80%$1.16		FR
38	UnitedHealth Group IncorporatedUNH	$27.02B	$408.74	+0.41%$1.66		US
39	Nestlé S.A.NESN.SW	$26.29B	$99.74	−0.74%$0.74		CH
40	Rio Tinto GroupRIO	$26.26B	$101.91	+0.80%$0.81		GB
41	ConocoPhillipsCOP	$26.22B	$123.03	+4.61%$5.42		US
42	Toyota Motor CorporationTM	$26.04B	$188.78	−0.69%$1.31		JP
43	Johnson & JohnsonJNJ	$23.70B	$261.81	+0.99%$2.57		US
44	General Motors CompanyGM	$23.20B	$87.96	+0.43%$0.38		US
45	Equinor ASAEQNR	$23.12B	$40.99	+5.32%$2.07		NO
46	China Petroleum & Chemical Corporation600028.SS	$23.06B	$0.76	+0.39%$0.00		CN
47	L'Oréal S.A.LOR.DE	$20.82B	$448.83	+0.62%$2.77		FR
48	China Telecom Corporation Limited601728.SS	$20.62B	$0.93	+1.46%$0.01		CN
49	Novo Nordisk A/SNVO	$20.56B	$47.73	+0.99%$0.47		DK
50	Contemporary Amperex Technology Co., Limited300750.SZ	$20.36B	$58.51	+1.86%$1.07		CN
51	The Procter & Gamble CompanyPG	$20.32B	$146.38	+0.40%$0.59		US
52	Volkswagen AGVOW3.DE	$20.29B	$87.15	−1.18%$1.04		DE
53	Anheuser-Busch InBev SA/NVBUD	$20.09B	$83.09	−0.80%$0.67		BE
54	Merck & Co., Inc.MRK	$19.97B	$130.90	+1.80%$2.32		US
55	Orange S.A.ORA.PA	$19.71B	$18.63	−2.01%$0.38		FR
56	AbbVie Inc.ABBV	$19.51B	$247.91	+0.76%$1.87		US
57	CVS Health Corp.CVS	$19.03B	$95.67	−0.03%$0.03		US
58	Tesla, Inc.TSLA	$18.69B	$330.88	+0.70%$2.30		US
59	Novartis AGNVS	$18.39B	$156.79	+0.29%$0.46		CH
60	The Home Depot, Inc.HD	$18.03B	$350.78	−1.36%$4.84		US
61	Marathon Petroleum CorporationMPC	$17.13B	$320.32	+7.42%$22.12		US
62	The Walt Disney CompanyDIS	$16.99B	$103.20	−1.63%$1.71		US
63	Ford Motor CompanyF	$16.95B	$14.02	+0.25%$0.04		US
64	Charter Communications, Inc.CHTR	$16.47B	$153.29	+0.47%$0.72		US
65	The Coca-Cola CompanyKO	$16.34B	$86.87	−0.21%$0.18		US
66	PDD Holdings Inc.PDD	$16.02B	$93.00	+1.35%$1.24		IE
67	Mercedes-Benz Group AGMBG.DE	$15.98B	$54.41	+0.00%$0.00		DE
68	SanofiSNY	$15.73B	$43.48	+0.05%$0.02		FR
69	Energy Transfer LPET	$15.54B	$20.59	+2.29%$0.46		US
70	National Grid plcNGG	$15.47B	$79.48	−1.73%$1.40		GB
71	Enel S.p.A.ENEL.MI	$15.41B	$11.48	−1.07%$0.12		IT
72	Salesforce, Inc.CRM	$15.22B	$197.51	+2.47%$4.77		US
73	Korea Electric Power CorporationKEP	$15.15B	$12.26	−1.84%$0.23		KR
74	Costco Wholesale CorporationCOST	$15.00B	$952.75	+0.52%$4.93		US
75	Intel Corp.INTC	$14.94B	$97.52	−4.06%$4.13		US
76	International Business Machines CorporationIBM	$14.89B	$236.31	−0.41%$0.97		US
77	RTX CorporationRTX	$14.82B	$224.12	+0.49%$1.09		US
78	América Móvil, S.A.B. de C.V.AMX	$14.78B	$23.89	+0.59%$0.14		MX
79	Saudi Electricity Company5110.SR	$14.69B	$4.65	+0.23%$0.01		SA
80	Schneider Electric S.E.SND.DE	$14.43B	$349.34	−0.43%$1.50		FR
81	Philip Morris International Inc.PM	$14.26B	$186.00	−1.88%$3.57		US
82	GE Vernova Inc.GEV	$14.14B	$990.85	+0.05%$0.53		US
83	BT Group plcBT-A.L	$13.81B	$2.63	−2.16%$0.06		GB
84	AstraZeneca PLCAZN	$13.81B	$161.91	+0.30%$0.49		GB
85	NextEra Energy, Inc.NEE	$13.80B	$84.70	+0.06%$0.05		US
86	China United Network Communications Limited600050.SS	$13.63B	$0.64	+0.70%$0.00		CN
87	Caterpillar Inc.CAT	$13.61B	$837.58	−0.55%$4.61		US
88	Gilead Sciences, Inc.GILD	$13.55B	$133.06	−0.11%$0.15		US
89	Zijin Mining Group Company Limited601899.SS	$13.49B	$5.27	+0.85%$0.04		CN
90	PepsiCo, Inc.PEP	$13.46B	$137.73	−0.93%$1.29		US
91	Pfizer Inc.PFE	$13.40B	$27.05	+1.08%$0.29		US
92	Fortescue Metals Group LimitedFSUGY	$13.37B	$25.44	−0.63%$0.16		AU
93	EOG Resources, Inc.EOG	$13.36B	$142.22	+5.55%$7.48		US
94	Sony Group CorporationSONY	$13.28B	$23.82	+1.53%$0.36		JP
95	Accenture plcACN	$13.18B	$178.25	+1.44%$2.53		IE
96	MercadoLibre, Inc.MELI	$13.16B	$1,824.34	+0.20%$3.65		UY
97	Cisco Systems, Inc.CSCO	$13.03B	$122.57	+0.94%$1.14		US
98	Hermes International Societe en commandite par actions Unsponsored ADRHESAY	$12.96B	$189.24	+0.25%$0.48		FR
99	PJSC LukoilLKOH.ME	$12.88B	$56.82	+0.58%$0.33		RU
100	ASML Holding N.V.ASML	$12.86B	$1,733.48	−0.43%$7.51		NL
101	Bristol-Myers Squibb CompanyBMY	$12.78B	$64.84	+0.19%$0.12		US
102	Uber Technologies, Inc.UBER	$12.78B	$78.03	+4.01%$3.01		US
103	Hermes International SCAHMI.DE	$12.75B	$1,901.52	+1.04%$19.65		FR
104	Lenovo Group Limited0992.HK	$12.64B	$3.70	+3.20%$0.11		HK
105	Newmont CorporationNEM	$12.63B	$117.26	+3.79%$4.28		US
106	Glencore plcGLEN.L	$12.61B	$7.68	+2.10%$0.16		CH
107	AyvensAYV.PA	$12.59B	$13.43	+0.61%$0.08		FR
108	Unilever PLCUL	$12.50B	$62.86	−0.16%$0.10		GB
109	Amgen Inc.AMGN	$12.48B	$417.20	+1.52%$6.25		US
110	Dell Technologies Inc.DELL	$12.47B	$457.93	+0.92%$4.16		US
111	QUALCOMM IncorporatedQCOM	$12.40B	$162.17	−3.39%$5.69		US
112	Occidental Petroleum CorporationOXY-WT	$12.26B	$36.62	+7.86%$2.67		US
113	Engie S.A.GZF.DE	$12.20B	$30.55	−1.16%$0.36		FR
114	Canadian Natural Resources LimitedCNQ	$12.11B	$47.25	+3.82%$1.74		CA
115	British American Tobacco p.l.c.BTI	$12.07B	$57.05	−3.84%$2.28		GB
116	Bharti Airtel LimitedBHARTIARTL.NS	$11.96B	$20.38	−0.86%$0.18		IN
117	Enbridge Inc. CUM RED PREF Series BEBRGF	$11.91B	$16.50	+0.00%$0.00	—	CA
118	The Southern Company JR 2017B NT 77SOJC	$11.88B	$20.05	−0.30%$0.06		US
119	Polski Koncern Naftowy ORLEN Spólka AkcyjnaPKN.WA	$11.86B	$40.33	+0.67%$0.27		PL
120	Kweichow Moutai Co., Ltd.600519.SS	$11.84B	$200.37	+3.03%$5.89		CN
121	Netflix, Inc.NFLX	$11.81B	$76.29	+2.90%$2.15		US
122	GSK plcGSK	$11.80B	$52.16	−1.51%$0.80		GB
123	Compagnie de Saint-Gobain S.A.GOB.DE	$11.69B	$98.09	−0.21%$0.21		FR
124	Sandisk CorporationSNDK	$11.67B	$1,237.92	+2.12%$25.71		US
125	Semiconductor Manufacturing International Corporation688981.SS	$11.60B	$18.75	−1.75%$0.33		CN
126	Duke Energy CorporationDUK	$11.58B	$121.19	−2.93%$3.66		US
127	Mitsubishi Corporation8058.T	$11.42B	$30.53	−0.39%$0.12		JP
128	McDonald's CorporationMCD	$11.34B	$273.72	−0.28%$0.76		US
129	Suncor Energy Inc.SU	$11.33B	$62.73	+4.38%$2.63		CA
130	Alibaba Group Holding LimitedBABA	$11.20B	$132.32	+3.04%$3.91		CN
131	HCA Healthcare, Inc.HCA	$11.12B	$414.03	+0.16%$0.67		US
132	Siemens Energy AGENR.DE	$10.96B	$178.65	+0.69%$1.22		DE
133	Valero Energy CorporationVLO	$10.91B	$314.95	+5.58%$16.64		US
134	SAP SESAP	$10.91B	$208.55	+1.16%$2.39		DE
135	Geely Automobile Holdings Limited0175.HK	$10.88B	$2.42	+3.20%$0.08		HK
136	Hitachi, Ltd.6501.T	$10.84B	$35.38	+0.00%$0.00		JP
137	Adobe Inc.ADBE	$10.83B	$272.96	+2.92%$7.75		US
138	Veolia Environnement S.A.VVD.DE	$10.82B	$39.98	−1.79%$0.73		FR
139	Safran S.A.SAF.PA	$10.77B	$419.71	+1.62%$6.70		FR
140	Compagnie Financière Richemont S.A.CFR.SW	$10.76B	$248.44	+2.74%$6.62		CH
141	Telefónica, S.A.TEF.MC	$10.75B	$4.20	−0.95%$0.04		ES
142	Wise Group plc Class A Ordinary SharesWSE	$10.74B	$12.54	+1.46%$0.18		GB
143	SAIC Motor Corporation Limited600104.SS	$10.72B	$1.56	+0.29%$0.00		CN
144	China Shenhua Energy Company Limited601088.SS	$10.68B	$6.64	+1.68%$0.11		CN
145	Linde plcLIN	$10.49B	$492.46	+0.51%$2.48		GB
146	Airbus SEAIR.DE	$10.48B	$247.07	−0.35%$0.87		NL
147	Deutsche Post AGDHL.DE	$10.47B	$63.86	−0.11%$0.07		DE
148	Lockheed Martin CorporationLMT	$10.40B	$603.16	+2.59%$15.21		US
149	Cigna CorporationCI	$10.28B	$278.40	−1.45%$4.09		US
150	Union Pacific CorporationUNP	$10.26B	$292.24	−0.30%$0.89		US

How This List Is Built

We sum operating cash flow from the latest four quarterly cash flow statements, convert to US dollars at daily exchange rates, and rank descending. Financials are excluded. Refreshed nightly.

Frequently Asked Questions

What is operating cash flow?: It is the cash a company generates from its normal business operations, before investing in assets or returning capital. It comes from the top of the cash flow statement and is often a cleaner read on cash generation than reported earnings.
Why are banks missing?: For banks and insurers, operating cash flow is dominated by deposit and loan flows rather than business performance, so the figure is not comparable to an industrial company. We exclude financials from the cash-flow boards.