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Filing Flows › Industries › Services-Engineering, Accounting, Research, Management › Capital spending and supply chain

Services-Engineering, Accounting, Research, Management: capital spending and supply chain

SIC 8700 · 2 companies with filed cash-flow statements

Capital spending, 12 months$261M
Operating cash flow$2.3B
Capex / cash flow11%
Capex / revenue3.7%
Top 3 share100%

Analysis

2 companies in Services-Engineering, Accounting, Research, Management (SIC 8700) spent $261M on capital projects over their latest twelve months, 11% of the $2.3B their operations generated.

Capital spending is 3.7% of the industry's $7.0B of annual revenue.

By the industry's asset mix most of it goes to software (41%); about $42.2M is imported.

The largest supplier of that spending is software publishers ($37.2M).

Its largest supplying industries, by the input-output tables: employment services ($180M), other real estate ($173M), imports ($90.4M).

Charts

Services-Engineering, Accounting, Research, Management: capital spending by company, latest twelve monthsServices-Engineering, Accounting, Research, Management: capital spending by company, latest twelve monthsPAYX$235MFORR$25.8M
Filed cash-flow statements (SEC XBRL).
Services-Engineering, Accounting, Research, Management: what the capital spending buys (US part)Services-Engineering, Accounting, Research, Management: what the capital spending buys (US part)Structures$47.4MEquipment$59.3MSoftware$88.9MOther$23.2M
Capital spending × the industry’s asset mix (BEA fixed assets): grade C, an industry average applied to filed figures.
Services-Engineering, Accounting, Research, Management: the industries that build and sell what it buysServices-Engineering, Accounting, Research, Management: the industries that build and sell what it buysSoftware publishers$37.2MManufacturing structures$31.0MCustom computer programming servi…$24.7MComputer systems design services$23.2MOffice and commercial structures$14.4MLight truck and utility vehicle m…$10.6MSurgical and medical instrument m…$4.4MIndustrial process variable instr…$4.3MSearch, detection, and navigation…$4.0MElectromedical and electrotherape…$4.0M
BEA fixed assets: investment by asset type → supplying industry. Estimates (grade C).
Services-Engineering, Accounting, Research, Management: its first-tier supplying industriesServices-Engineering, Accounting, Research, Management: its first-tier supplying industriesEmployment services$180MOther real estate$173MImports$90.4MManagement of companies and enter…$80.1MArchitectural, engineering, and r…$73.5MManagement consulting services$71.9MLegal services$49.8MAccounting, tax preparation, book…$47.1MInternet publishing and broadcast…$39.1MMonetary authorities and deposito…$38.8M
Purchased inputs × the industry’s input mix (BEA Use table), US part: grade C.
Services-Engineering, Accounting, Research, Management: where the industry's cash came from (+) and went (−)Services-Engineering, Accounting, Research, Management: where the industry's cash came from (+) and went (−)Operating cash flow$2.3BDividends−$1.6BCash drawn from the balance s…$990MOther financing (out)−$970MBuybacks−$462MCapital spending−$261MOther investing (in)$71.3MNet debt repaid−$26.0MOther financing (in)$20.7MAcquisitions−$18.3MExchange-rate losses on cash−$1.8MTaxes paid on employees' shar…−$1.2MShares issued$966K
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
PAYX Paychex$235M$2.3B10%TTM to Q1 FY27
FORR Forrester Research$25.8M$30.2M86%TTM to Q3 2026

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.