Business Segments · CapEx
New Power — CapEx
Cummins New Power — CapEx remained flat by 0.0% to $18.50M in Q4 2022 compared to the prior quarter. Year-over-year, this metric grew by 100.0%, from $9.25M to $18.50M.
Analysis
StatementSegment
CategoryGrowth
SignalContext dependent
VolatilityVolatile
How to read this metric
Higher expenditures signal aggressive growth and capacity expansion, whereas lower expenditures may indicate a focus on optimizing existing assets or a more conservative investment approach.
Detailed definition
This metric measures the cash outflows used to acquire, upgrade, and maintain physical assets such as manufacturing faci...
Peer comparison
Comparable to capital expenditure reporting in high-growth industrial segments, where heavy investment is required to transition from pilot programs to mass production.
Metric ID:
cmi_segment_new_power_capital_expendituresHistorical Data
2 years
| FY'21 | FY'22 | |
|---|---|---|
| Value | $37.00M | $74.00M |
| YoY Change | — | +100.0% |
Range$37.00M – $74.00M
Avg YoY Growth+100.0%
Median YoY Growth+100.0%
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Frequently Asked Questions
- What is Cummins's new power — capex?
- Cummins (CMI) reported new power — capex of $18.50M in Q4 2022.
- How has Cummins's new power — capex changed year-over-year?
- Cummins's new power — capex increased by 100.0% year-over-year, from $9.25M to $18.50M.
- What does new power — capex mean?
- The cash spent on physical assets and infrastructure dedicated to the development and production of new power technologies.