Food Equipment — Payments to Acquire Property, Plant, and Equipment
Illinois Tool Works Food Equipment — Payments to Acquire Property, Plant, and Equipment remained flat by 0.0% to $10.25M in Q4 2022 compared to the prior quarter. Year-over-year, this metric grew by 36.7%, from $7.50M to $10.25M.
Analysis
How to read this metric
An increase suggests management is investing in capacity expansion or modernization, while a decrease may indicate a focus on cash preservation or that the segment has reached a sufficient level of capital maturity.
Detailed definition
This metric represents the cash outflows dedicated to the acquisition, construction, or improvement of long-lived physic...
Peer comparison
This is a standard capital expenditure (CapEx) metric found across industrial and manufacturing peers, typically evaluated relative to segment revenue to determine capital intensity.
itw_segment_food_equipment_payments_to_acquire_property_plant_and_equipmentHistorical Data
| FY'21 | FY'22 | |
|---|---|---|
| Value | $30.00M | $41.00M |
| YoY Change | — | +36.7% |
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Frequently Asked Questions
- What is Illinois Tool Works's food equipment — payments to acquire property, plant, and equipment?
- Illinois Tool Works (ITW) reported food equipment — payments to acquire property, plant, and equipment of $10.25M in Q4 2022.
- How has Illinois Tool Works's food equipment — payments to acquire property, plant, and equipment changed year-over-year?
- Illinois Tool Works's food equipment — payments to acquire property, plant, and equipment increased by 36.7% year-over-year, from $7.50M to $10.25M.
- What does food equipment — payments to acquire property, plant, and equipment mean?
- The amount of cash spent by the Food Equipment segment to purchase or upgrade physical assets like machinery, buildings, and equipment.