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Ship & Boat Building & Repairing: capital spending and supply chain

SIC 3730 · 4 companies with filed cash-flow statements

Capital spending, 12 months$455M
Operating cash flow$753M
Capex / cash flow60%
Capex / revenue0.6%
Top 3 share100%

Analysis

4 companies in Ship & Boat Building & Repairing (SIC 3730) spent $455M on capital projects over their latest twelve months, 60% of the $753M their operations generated; the three largest spenders — HII, MBUU, NXB — account for 100%.

Capital spending is 0.6% of the industry's $71.5B of annual revenue.

By the industry's asset mix most of it goes to equipment (50%); about $287M is imported.

The largest supplier of that spending is manufacturing structures ($384M).

Its largest supplying industries, by the input-output tables: imports ($4.5B), search, detection, and navigation instruments manufacturing ($3.7B), employment services ($1.9B).

Charts

Ship & Boat Building & Repairing: capital spending by company, latest twelve monthsShip & Boat Building & Repairing: capital spending by company, latest twelve monthsHII$422MMBUU$28.7MNXB$3.5MVEEE$540K
Filed cash-flow statements (SEC XBRL).
Ship & Boat Building & Repairing: what the capital spending buys (US part)Ship & Boat Building & Repairing: what the capital spending buys (US part)Structures$437MEquipment$803MSoftware$255MOther$103M
Capital spending × the industry’s asset mix (BEA fixed assets): grade C, an industry average applied to filed figures.
Ship & Boat Building & Repairing: the industries that build and sell what it buysShip & Boat Building & Repairing: the industries that build and sell what it buysManufacturing structures$384MAircraft manufacturing$252MSoftware publishers$134MAircraft engine and engine parts …$87.3MComputer systems design services$63.6MMaterial handling equipment manuf…$55.7MAir conditioning, refrigeration, …$51.8MConstruction machinery manufactur…$51.7MCustom computer programming servi…$49.6MMachine tool manufacturing$39.3M
BEA fixed assets: investment by asset type → supplying industry. Estimates (grade C).
Ship & Boat Building & Repairing: its first-tier supplying industriesShip & Boat Building & Repairing: its first-tier supplying industriesImports$4.5BSearch, detection, and navigation…$3.7BEmployment services$1.9BMotor vehicle gasoline engine and…$1.2BInsurance carriers, except direct…$1.2BHousehold appliances and electric…$1.2BAluminum product manufacturing fr…$1.2BOther durable goods merchant whol…$1.0BOther engine equipment manufactur…$938MArchitectural, engineering, and r…$845M
Purchased inputs × the industry’s input mix (BEA Use table), US part: grade C.
Ship & Boat Building & Repairing: where the industry's cash came from (+) and went (−)Ship & Boat Building & Repairing: where the industry's cash came from (+) and went (−)Operating cash flow$5.9BDividends−$1.8BCapital spending−$1.6BNet debt repaid−$753MCash added to the balance she…−$731MBuybacks−$639MOther investing (out)−$242MOther financing (out)−$209MOther financing (in)$87.8MOther investing (in)$59.3MAcquisitions−$54.1MNet borrowing$53.6MTaxes paid on employees' shar…−$44.0MOperating cash outflow−$25.5M
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
HII Huntington Ingalls Industries$422M$749M56%TTM to Q3 2026
MBUU Malibu Boats$28.7M$29.9M96%TTM to Q1 FY27
NXB NextBoat$3.5M−$18.6M—TTM to Q2 2026
VEEE Twin Vee PowerCats$540K−$7.0M—TTM to Q3 2026

Customers and suppliers named in annual reports

SupplierCustomerShare of supplier revenueEvidenceSource
GDU.S. government—Stated in 10-K (XBRL)filing
HIIU.S. government81%Stated in 10-K (sentence)filing
ONEWMBUU14%Stated in 10-K (sentence)filing
MBUUONEW24%Stated in 10-K (sentence)filing
GDusgov—
HIIusgov—

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.