Filing Flows

Filing Flows › Industries › Paints, Varnishes, Lacquers, Enamels & Allied Prods › Capital spending and supply chain

Paints, Varnishes, Lacquers, Enamels & Allied Prods: capital spending and supply chain

SIC 2851 · 3 companies with filed cash-flow statements

Capital spending, 12 months$1.2B
Operating cash flow$3.7B
Capex / cash flow32%
Capex / revenue4.0%
Top 3 share100%

Analysis

3 companies in Paints, Varnishes, Lacquers, Enamels & Allied Prods (SIC 2851) spent $1.2B on capital projects over their latest twelve months, 32% of the $3.7B their operations generated.

Capital spending is 4.0% of the industry's $29.8B of annual revenue.

By the industry's asset mix most of it goes to equipment (44%); about $192M is imported.

The largest supplier of that spending is manufacturing structures ($320M).

Its largest supplying industries, by the input-output tables: imports ($2.4B), plastics material and resin manufacturing ($1.9B), other basic organic chemical manufacturing ($1.8B).

Charts

Paints, Varnishes, Lacquers, Enamels & Allied Prods: capital spending by company, latest twelve monthsPaints, Varnishes, Lacquers, Enamels & Allied Prods: capital spending by company, latest twelve monthsPPG$765MRPM$220MAXTA$202M
Filed cash-flow statements (SEC XBRL).
Paints, Varnishes, Lacquers, Enamels & Allied Prods: what the capital spending buys (US part)Paints, Varnishes, Lacquers, Enamels & Allied Prods: what the capital spending buys (US part)Structures$328MEquipment$410MSoftware$123MOther$67.2M
Capital spending × the industry’s asset mix (BEA fixed assets): grade C, an industry average applied to filed figures.
Paints, Varnishes, Lacquers, Enamels & Allied Prods: the industries that build and sell what it buysPaints, Varnishes, Lacquers, Enamels & Allied Prods: the industries that build and sell what it buysManufacturing structures$320MSoftware publishers$69.2MMaterial handling equipment manuf…$51.4MOther industrial machinery manufa…$50.7MAir conditioning, refrigeration, …$47.7MOther general purpose machinery m…$33.4MMeasuring, dispensing, and other …$30.1MAir and gas compressor manufactur…$28.1MPlate work and fabricated structu…$25.7MCustom computer programming servi…$25.3M
BEA fixed assets: investment by asset type → supplying industry. Estimates (grade C).
Paints, Varnishes, Lacquers, Enamels & Allied Prods: its first-tier supplying industriesPaints, Varnishes, Lacquers, Enamels & Allied Prods: its first-tier supplying industriesImports$2.4BPlastics material and resin manuf…$1.9BOther basic organic chemical manu…$1.8BManagement of companies and enter…$1.1BSynthetic dye and pigment manufac…$1.0BOther nondurable goods merchant w…$928MOther plastics product manufactur…$772MGround or treated mineral and ear…$677MPetroleum refineries$493MPetrochemical manufacturing$485M
Purchased inputs × the industry’s input mix (BEA Use table), US part: grade C.
Paints, Varnishes, Lacquers, Enamels & Allied Prods: where the industry's cash came from (+) and went (−)Paints, Varnishes, Lacquers, Enamels & Allied Prods: where the industry's cash came from (+) and went (−)Operating cash flow$3.7BNet debt repaid−$1.8BCapital spending−$1.2BBuybacks−$507MOther financing (out)−$491MOther financing (in)$448MDividends−$275MCash drawn from the balance s…$239MAcquisitions−$235MNet borrowing$198MCash added to the balance she…−$61.8MOther investing (out)−$55.1MExchange-rate gains on cash$39.6MOther investing (in)$38.0M
The companies’ cash-flow statements, latest four quarters or fiscal year: every figure filed (grade A).

Capital spending by company

CompanyCapital spendingOperating cash flowCapex / OCFPeriod
PPG PPG Industries$765M$2.0B37%TTM to Q3 2026
RPM RPM International$220M$925M24%TTM to Q1 FY27
AXTA Axalta Coating Systems$202M$699M29%TTM to Q3 2026

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.