Cents of each operating dollar spent on the build
Data Desk · Live · Part 14Markets
Cents of each operating dollar spent on the build
Purchases of property and equipment against net cash from operations, quarter by quarter, for the four biggest builders and their total, read from the filings and refreshed when the next ones land. Above the mark, the build cost more than the business brought in.
As of Sep 30, 2026 · quarterly, with each filing · published Oct 22, 2026 · read Oct 23, 2026 · derived · next release Oct 28, 2026
Live data, updated Oct 23, 2026, 5:31 p.m. ET
Capital spending as a share of operating cash flow; the mark is every dollar of operating cash
- Q3 202450.9%
- Q4 202453.6%
- Q1 202562.9%
- Q2 202568.7%
- Q3 202561.2%
- Q4 202566.3%
- Q1 202686.1%
- Q2 202696.1%
Capital spending, Q2 2026$165.1B
Operating cash flow, Q2 2026$171.8B
Periods above 100.0%0 of 8
The four: 96.1% in Q2 2026, up from 50.9% in Q3 2024. No period shown is above 100.0%.