Construction Machinery & Equip: capital spending and supply chain
SIC 3531 · 7 companies with filed cash-flow statements
Capital spending, 12 months$3.1B
Operating cash flow$14.3B
Capex / cash flow21%
Capex / revenue2.9%
Top 3 share98%
Analysis
7 companies in Construction Machinery & Equip (SIC 3531) spent $3.1B on capital projects over their latest twelve months, 21% of the $14.3B their operations generated; the three largest spenders — CAT, ASTE, MTW — account for 98%.
Capital spending is 2.9% of the industry's $104.5B of annual revenue.
By the industry's asset mix most of it goes to equipment (44%); about $532M is imported.
The largest supplier of that spending is manufacturing structures ($884M).
Its largest supplying industries, by the input-output tables: imports ($12.6B), iron and steel mills and ferroalloy manufacturing ($6.3B), management of companies and enterprises ($3.3B).
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.