Filing Flows › Industries › Operative Builders › Capital spending and supply chain
Operative Builders: capital spending and supply chain
SIC 1531 · 15 companies with filed cash-flow statements
Analysis
15 companies in Operative Builders (SIC 1531) spent $675M on capital projects over their latest twelve months, 9% of the $7.1B their operations generated; the three largest spenders — DHI, PHM, TOL — account for 54%.
Capital spending is 0.9% of the industry's $73.1B of annual revenue.
By the industry's asset mix most of it goes to equipment (77%); about $147M is imported.
The largest supplier of that spending is construction machinery manufacturing ($122M).
Its largest supplying industries, by the input-output tables: building material and garden equipment and supplies dealers ($6.4B), imports ($3.4B), other durable goods merchant wholesalers ($2.1B).
Charts
Capital spending by company
| Company | Capital spending | Operating cash flow | Capex / OCF | Period |
|---|---|---|---|---|
| DHI Horton D R | $150M | $3.4B | 4% | TTM to Q3 FY26 |
| PHM Pultegroup | $110M | $1.4B | 8% | TTM to Q3 2026 |
| TOL Toll Brothers | $102M | $1.2B | 9% | TTM to Q3 FY26 |
| ECG Everus Construction Group | $78.2M | $316M | 25% | TTM to Q3 2026 |
| KBH KB Home | $46.3M | $75.0M | 62% | TTM to Q3 FY26 |
| NVR NVR | $33.6M | $852M | 4% | TTM to Q3 2026 |
| CCS Century Communities | $30.0M | −$56.7M | — | TTM to Q3 2026 |
| BZH Beazer Homes USA | $27.8M | −$125M | — | TTM to Q3 FY26 |
| Tri Pointe Homes | $27.8M | −$323M | — | TTM to Q3 2026 |
| DFH Dream Finders Homes | $23.8M | −$161M | — | TTM to Q3 2026 |
| HOV Hovnanian Enterprises | $21.1M | $219M | 10% | TTM to Q3 FY26 |
| MHO M/I Homes | $13.4M | $151M | 9% | TTM to Q3 2026 |
| GRBK Green Brick Partners | $5.0M | $74.9M | 7% | TTM to Q3 2026 |
| SDHC Smith Douglas Homes | $3.7M | −$18.7M | — | TTM to Q3 2026 |
| LGIH LGI Homes | $2.5M | $185M | 1% | TTM to Q3 2026 |
Customers and suppliers named in annual reports
| Supplier | Customer | Share of supplier revenue | Evidence | Source |
|---|---|---|---|---|
| MDU | ECG | — | Stated in 10-K (named, share not stated) | filing |
| FOR | DHI | — | Stated in 10-K (named, share not stated) | filing |
The interactive money flow: switch views, follow each dollar →
Evidence grades: A filed figure · B computed from filed figures · C industry average (BEA input-output and fixed-asset tables) applied to filed figures. Estimates are not the companies’ own records. Not investment advice.