Discontinued — last reported Q4 '24
Global Technology and Operations — CapEx
Broadridge Financial Solutions Global Technology and Operations — CapEx remained flat by 0.0% to $3.3M in Q2 2024 compared to the prior quarter. Year-over-year, this metric grew by 247.4%, from $950K to $3.3M. Over 2 years (FY 2022 to FY 2024), Global Technology and Operations — CapEx shows an upward trend with a 37.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Higher capital expenditures indicate active investment in growth or modernization, while declining levels may suggest a focus on cash preservation or reduced growth prospects.
Detailed definition
Funds used by the segment to acquire, upgrade, and maintain physical assets such as property, buildings, or technology i...
Peer comparison
Standard metric for capital-intensive segments; peers in tech services often balance this with R&D spending.
br_segment_global_technology_and_operations_capital_expendituresHistorical Data
| FY'22 | FY'23 | FY'24 | |
|---|---|---|---|
| Value | $7M | $3.8M | $13.2M |
| YoY Change | — | -45.7% | +247.4% |
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Frequently Asked Questions
- What is Broadridge Financial Solutions's global technology and operations — capex?
- Broadridge Financial Solutions (BR) reported global technology and operations — capex of $3.3M in Q2 2024.
- How has Broadridge Financial Solutions's global technology and operations — capex changed year-over-year?
- Broadridge Financial Solutions's global technology and operations — capex increased by 247.4% year-over-year, from $950K to $3.3M.
- What is the long-term trend for Broadridge Financial Solutions's global technology and operations — capex?
- Over 2 years (2022 to 2024), Broadridge Financial Solutions's global technology and operations — capex has grown at a 37.3% compound annual growth rate (CAGR), from $7M to $13.2M.
- What does global technology and operations — capex mean?
- Spending on long-term physical assets to support or grow business operations.