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Pumps & Pumping Equipment: capital spending and supply chain

SIC 3561 · 6 companies with filed cash-flow statements

Capital spending, 12 months$655M
Operating cash flow$3.6B
Capex / cash flow18%
Capex / revenue3.1%
Top 3 share86%

Analysis

6 companies in Pumps & Pumping Equipment (SIC 3561) spent $655M on capital projects over their latest twelve months, 18% of the $3.6B their operations generated; the three largest spenders — XYL, ITT, IEX — account for 86%.

Capital spending is 3.1% of the industry's $21.4B of annual revenue.

By the industry's asset mix most of it goes to equipment (44%); about $89.5M is imported.

The largest supplier of that spending is manufacturing structures ($149M).

Its largest supplying industries, by the input-output tables: imports ($1.7B), management of companies and enterprises ($657M), paperboard container manufacturing ($597M).

Charts

Pumps & Pumping Equipment: capital spending by company, latest twelve monthsPumps & Pumping Equipment: capital spending by company, latest twelve monthsXYL$351MITT$125MIEX$85.6MGGG$59.7MGRC$19.5MAP$14.9M
Filed cash-flow statements (SEC XBRL).
Pumps & Pumping Equipment: what the capital spending buys (US part)Pumps & Pumping Equipment: what the capital spending buys (US part)Structures$155MEquipment$185MSoftware$50.4MOther$28.1M
Capital spending × the industry’s asset mix (BEA fixed assets): grade C, an industry average applied to filed figures.
Pumps & Pumping Equipment: the industries that build and sell what it buysPumps & Pumping Equipment: the industries that build and sell what it buysManufacturing structures$149MSoftware publishers$28.2MMachine tool manufacturing$24.5MCutting and machine tool accessor…$16.8MSpecial tool, die, jig, and fixtu…$16.6MMaterial handling equipment manuf…$13.1MAir conditioning, refrigeration, …$12.2MPlate work and fabricated structu…$11.1MOther general purpose machinery m…$10.4MCustom computer programming servi…$10.3M
BEA fixed assets: investment by asset type → supplying industry. Estimates (grade C).
Pumps & Pumping Equipment: its first-tier supplying industriesPumps & Pumping Equipment: its first-tier supplying industriesImports$1.7BManagement of companies and enter…$657MPaperboard container manufacturing$597MHousehold appliances and electric…$490MMotor and generator manufacturing$446MFerrous metal foundries$405MOther plastics product manufactur…$365MBuilding material and garden equi…$354MIron and steel mills and ferroall…$295MMachinery, equipment, and supplies$291M
Purchased inputs × the industry’s input mix (BEA Use table), US part: grade C.
Pumps & Pumping Equipment: where the industry's cash came from (+) and went (−)Pumps & Pumping Equipment: where the industry's cash came from (+) and went (−)Acquisitions−$4.6BOperating cash flow$3.6BNet borrowing$3.0BBuybacks−$2.6BOther financing (in)$1.4BCash drawn from the balance s…$965MDividends−$961MCapital spending−$655MNet debt repaid−$228MSales of assets & businesses$110MShares issued$72.2MCash added to the balance she…−$65.8MOther financing (out)−$37.2MExchange-rate losses on cash−$33.8M
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
XYL Xylem$351M$1.3B28%TTM to Q3 2026
ITT ITT$125M$771M16%TTM to Q3 2026
IEX IDEX$85.6M$753M11%TTM to Q3 2026
GGG Graco$59.7M$660M9%TTM to Q3 2026
GRC Gorman Rupp$19.5M$130M15%TTM to Q3 2026
AP Ampco Pittsburgh$14.9M$10.9M137%TTM to Q2 2026

Customers and suppliers named in annual reports

SupplierCustomerShare of supplier revenueEvidenceSource
ITTAMVOY6%Stated in 10-K (sentence)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.