Discontinued — last reported Q3 '24
Payments to Acquire Other Productive Assets
United Rentals Payments to Acquire Other Productive Assets decreased by 10.2% to $1.37B in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 22.7%, from $1.12B to $1.37B.
Analysis
How to read this metric
High spending indicates growth investment, while low spending may signal a focus on cash preservation or asset maturity.
Detailed definition
This metric tracks cash outflows dedicated to the purchase of property, plant, equipment, or other long-term assets nece...
Peer comparison
Comparable to 'Capital Expenditures' or 'Purchase of Property, Plant, and Equipment' in the investing section.
cvx_payments_to_acquire_other_productive_assetsHistorical Data
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $947.00M | $1.19B | $537.00M | $940.00M | $1.16B | $870.00M | $1.36B | $1.12B | $653.00M | $1.53B | $1.37B |
| QoQ Change | — | +25.6% | -54.8% | +75.0% | +23.5% | -25.1% | +56.0% | -17.6% | -41.6% | +134.0% | -10.2% |
| YoY Change | — | — | — | -0.7% | -2.4% | +62.0% | +44.4% | -3.7% | -24.9% | +12.6% | +22.7% |
Business Segments — General rentals
| Segment | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 |
|---|---|---|---|---|---|---|---|---|
| General rentals | $700.00M | $901.00M | $683.00M | $1.08B | $897.00M | $506.00M | $1.15B | $1.08B |
| Specialty | $240.00M | $260.00M | $187.00M | $274.00M | $221.00M | $147.00M | $376.00M | $292.00M |
| Total | $940.00M | $1.16B | $870.00M | $1.36B | $1.12B | $653.00M | $1.53B | $1.37B |
General rentals, Specialty were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Business Segments — General rentals
| Segment | Q1 '23 |
|---|---|
| General rentals | $683.00M |
| Specialty | $187.00M |
| Total | $870.00M |
General rentals, Specialty were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Payments to Acquire Other Productive Assets at Other Companies
Frequently Asked Questions
- What is United Rentals's payments to acquire other productive assets?
- United Rentals (URI) reported payments to acquire other productive assets of $1.37B in Q3 2024.
- How has United Rentals's payments to acquire other productive assets changed year-over-year?
- United Rentals's payments to acquire other productive assets increased by 22.7% year-over-year, from $1.12B to $1.37B.
- What does payments to acquire other productive assets mean?
- Cash spent on acquiring long-term assets to support business operations.