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Services-Miscellaneous Amusement & Recreation: capital spending and supply chain

SIC 7990 · 14 companies with filed cash-flow statements

Capital spending, 12 months$9.1B
Operating cash flow$18.7B
Capex / cash flow49%
Capex / revenue7.8%
Top 3 share99%

Analysis

14 companies in Services-Miscellaneous Amusement & Recreation (SIC 7990) spent $9.1B on capital projects over their latest twelve months, 49% of the $18.7B their operations generated; the three largest spenders — DIS, PRKS, PRSU — account for 99%.

Capital spending is 7.8% of the industry's $116.5B of annual revenue.

By the industry's asset mix most of it goes to structures (51%); about $1.4B is imported.

The largest supplier of that spending is other nonresidential structures ($2.6B).

Its largest supplying industries, by the input-output tables: other real estate ($8.3B), management of companies and enterprises ($2.0B), independent artists, writers, and performers ($1.8B).

Charts

Services-Miscellaneous Amusement & Recreation: capital spending by company, latest twelve monthsServices-Miscellaneous Amusement & Recreation: capital spending by company, latest twelve monthsDIS$8.7BPRKS$258MPRSU$90.8MDKNG$59.4MBUKS$7.0MENHA$5.7MXPOF$2.3MMSGK$1.7MRSI$1.7MSTUB$1.2MPRKA$641KSEAT$144K
Filed cash-flow statements (SEC XBRL).
Services-Miscellaneous Amusement & Recreation: what the capital spending buys (US part)Services-Miscellaneous Amusement & Recreation: what the capital spending buys (US part)Structures$4.0BEquipment$2.0BSoftware$1.2BOther$641M
Capital spending × the industry’s asset mix (BEA fixed assets): grade C, an industry average applied to filed figures.
Services-Miscellaneous Amusement & Recreation: the industries that build and sell what it buysServices-Miscellaneous Amusement & Recreation: the industries that build and sell what it buysOther nonresidential structures$2.6BOffice and commercial structures$1.1BSoftware publishers$652MOther commercial and service indu…$352MLight truck and utility vehicle m…$343MComputer systems design services$290MEducational and vocational struct…$275MAll other miscellaneous manufactu…$251MCustom computer programming servi…$241MOffice furniture and custom archi…$153M
BEA fixed assets: investment by asset type → supplying industry. Estimates (grade C).
Services-Miscellaneous Amusement & Recreation: its first-tier supplying industriesServices-Miscellaneous Amusement & Recreation: its first-tier supplying industriesOther real estate$8.3BManagement of companies and enter…$2.0BIndependent artists, writers, and…$1.8BPromoters of performing arts and …$1.7BImports$1.7BEmployment services$1.6BInternet publishing and broadcast…$1.5BAdvertising, public relations, an…$1.3BSpectator sports$1.3BElectric power generation, transm…$1.0B
Purchased inputs × the industry’s input mix (BEA Use table), US part: grade C.
Services-Miscellaneous Amusement & Recreation: where the industry's cash came from (+) and went (−)Services-Miscellaneous Amusement & Recreation: where the industry's cash came from (+) and went (−)Operating cash flow$19.5BCapital spending−$9.4BBuybacks−$9.2BNet borrowing$4.3BDividends−$2.6BOther financing (out)−$1.5BCash added to the balance she…−$768MOther investing (out)−$731MCash drawn from the balance s…$681MNot reconciled (out)−$518MOther financing (in)$439MTaxes paid on employees' shar…−$405MOther investing (in)$218MNet debt repaid−$85.0M
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
DIS Walt Disney$8.7B$17.0B51%TTM to Q3 FY26
PRKS United Parks & Resorts$258M$408M63%TTM to Q3 2026
PRSU Pursuit Attractions & Hospitality$90.8M$69.1M131%TTM to Q3 2026
DKNG DraftKings$59.4M$383M15%TTM to Q3 2026
BUKS Butler National$7.0M$15.7M44%TTM to Q1 FY27
ENHA Enhanced Group$5.7M−$37.3M—TTM to Q2 2026
XPOF Xponential Fitness$2.3M−$5.8M—TTM to Q2 2026
MSGK MSG Knickerbockers$1.7M$1.3M126%TTM to Q1 FY27
RSI Rush Street Interactive$1.7M$212M1%TTM to Q3 2026
STUB StubHub Holdings$1.2M$635M0%TTM to Q2 2026
PRKA Parks America$641K$2.7M24%TTM to Q3 FY26
SEAT Vivid Seats$144K$7.5M2%TTM to Q2 2026
FBYD Falcon's Beyond Global$75K−$18.0M—TTM to Q2 2026
TBTC Table Trac$55K$1.2M5%TTM to Q2 2026

Customers and suppliers named in annual reports

SupplierCustomerShare of supplier revenueEvidenceSource
HSTDIS2%Stated in 10-K (sentence)filing
CRWSDIS23%Stated in 10-K (sentence)filing
NDAQFBYD—Stated in 10-K (named, share not stated)filing
MSFTSTUB—Stated in 10-K (named, share not stated)filing
AMZNDKNG—Stated in 10-K (named, share not stated)filing
AMZNSTUB—Stated in 10-K (named, share not stated)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.