Farm Machinery & Equipment: capital spending and supply chain
SIC 3523 · 4 companies with filed cash-flow statements
Capital spending, 12 months$1.5B
Operating cash flow$7.9B
Capex / cash flow19%
Capex / revenue2.5%
Top 3 share100%
Analysis
4 companies in Farm Machinery & Equipment (SIC 3523) spent $1.5B on capital projects over their latest twelve months, 19% of the $7.9B their operations generated; the three largest spenders — DE, AGCO, ALG — account for 100%.
Capital spending is 2.5% of the industry's $60.4B of annual revenue.
By the industry's asset mix most of it goes to equipment (50%); about $289M is imported.
The largest supplier of that spending is manufacturing structures ($417M).
Its largest supplying industries, by the input-output tables: imports ($6.0B), iron and steel mills and ferroalloy manufacturing ($5.2B), other durable goods merchant wholesalers ($1.6B).
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.