United Rentals CapEx increased by 23.5% to $1.16B in Q3 2022 compared to the prior quarter. Year-over-year, this metric declined by 51.6%, from $2.40B to $1.16B.
An increase signals growth investment or infrastructure modernization; a decrease might suggest cost-cutting or a transition to an asset-light model.
Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technolog...
Hardware-focused tech firms typically have higher CapEx relative to revenue than pure software companies due to manufacturing and supply chain needs.
cf_capital_expenditures| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | |
|---|---|---|---|---|---|
| Value | $34.00M | $2.40B | $537.00M | $940.00M | $1.16B |
| QoQ Change | — | >999% | -77.6% | +75.0% | +23.5% |
| YoY Change | — | — | — | >999% | -51.6% |