Radio Broadcasting Stations: capital spending and supply chain
SIC 4832 · 8 companies with filed cash-flow statements
Capital spending, 12 months$677M
Operating cash flow$2.2B
Capex / cash flow30%
Capex / revenue4.7%
Top 3 share95%
Analysis
8 companies in Radio Broadcasting Stations (SIC 4832) spent $677M on capital projects over their latest twelve months, 30% of the $2.2B their operations generated; the three largest spenders — SIRI, IHRT, CMLS — account for 95%.
Capital spending is 4.7% of the industry's $14.5B of annual revenue.
By the industry's asset mix most of it goes to equipment (46%); about $295M is imported.
The largest supplier of that spending is software publishers ($59.2M).
Its largest supplying industries, by the input-output tables: cable and other subscription programming ($3.4B), radio and television broadcasting ($2.6B), spectator sports ($943M).
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.