Fabricated Structural Metal Products: capital spending and supply chain
SIC 3440 · 5 companies with filed cash-flow statements
Capital spending, 12 months$393M
Operating cash flow$1.0B
Capex / cash flow39%
Capex / revenue4.3%
Top 3 share99%
Analysis
5 companies in Fabricated Structural Metal Products (SIC 3440) spent $393M on capital projects over their latest twelve months, 39% of the $1.0B their operations generated; the three largest spenders — ACA, VMI, PRLB — account for 99%.
Capital spending is 4.3% of the industry's $9.2B of annual revenue.
By the industry's asset mix most of it goes to equipment (57%); about $69.7M is imported.
The largest supplier of that spending is manufacturing structures ($87.2M).
Its largest supplying industries, by the input-output tables: iron and steel mills and ferroalloy manufacturing ($884M), imports ($705M), aluminum product manufacturing from purchased aluminum ($312M).
Charts
Filed cash-flow statements (SEC XBRL).Capital spending × the industry’s asset mix (BEA fixed assets): grade C, an industry average applied to filed figures.BEA fixed assets: investment by asset type → supplying industry. Estimates (grade C).Purchased inputs × the industry’s input mix (BEA Use table), US part: grade C.The companies’ cash-flow statements, latest four quarters or fiscal year: every figure filed (grade A).
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.