Discontinued — last reported Q4 '23
Business Segments · CapEx
Distribution — CapEx
Cummins Distribution — CapEx remained flat by 0.0% to $25.75M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 9.6%, from $28.50M to $25.75M. Over 2 years (FY 2021 to FY 2023), Distribution — CapEx shows an upward trend with a 5.8% CAGR.
Analysis
StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2013
Last reportedQ4 2023
How to read this metric
Higher spending suggests aggressive investment in growth or infrastructure, while lower spending may indicate a focus on cash preservation or a mature asset base.
Detailed definition
This metric measures the cash outflows dedicated to capital expenditures for the Distribution segment, covering investme...
Peer comparison
Equivalent to 'Segment Capital Expenditures' or 'Segment PP&E Additions' reported by peers in the industrial distribution and service sectors.
Metric ID:
cmi_segment_distribution_payments_to_acquire_property_plant_and_equipmentHistorical Data
3 years
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $92.00M | $114.00M | $103.00M |
| YoY Change | — | +23.9% | -9.6% |
Range$92.00M – $114.00M
CAGR+5.8%
Avg YoY Growth+7.1%
Median YoY Growth+7.1%
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Frequently Asked Questions
- What is Cummins's distribution — capex?
- Cummins (CMI) reported distribution — capex of $25.75M in Q4 2023.
- How has Cummins's distribution — capex changed year-over-year?
- Cummins's distribution — capex decreased by 9.6% year-over-year, from $28.50M to $25.75M.
- What is the long-term trend for Cummins's distribution — capex?
- Over 2 years (2021 to 2023), Cummins's distribution — capex has grown at a 5.8% compound annual growth rate (CAGR), from $92.00M to $103.00M.
- What does distribution — capex mean?
- The total cash spent by the Distribution segment to purchase or upgrade physical assets like buildings and machinery.