Capital expenditures growth %

Capital expenditures (CapEx) percentage growth is a metric that measures the percentage change in a company's capital expenditures over a certain period of time. CapEx refer to the amount of money a company spends on acquiring, upgrading, or maintaining physical assets such as property, plant, and equipment, as well as intangible assets like software and intellectual property.

Different time periods for calculating the metric include:

• Annual YoY (Year-over-Year): Represents the percentage change in CapEx between the two most recent years.
• Quarterly YoY: Represents the percentage change in CapEx for the most recent quarter (e.g., Q2 2024) with the same quarter in the previous year (Q2 2023).
• TTM YoY (Trailing Twelve Months Year-over-Year): Represents the percentage change in CapEx for the last known TTM period ending, for example, in Q2 2024 with the TTM period ending in Q2 2023.
• Quarterly QoQ (Quarter-over-Quarter): Represents the percentage change in CapEx between the two most recent quarters (e.g., Q2 2024 and Q1 2024), to assess the QoQ growth in capital expenditures.

Understanding CapEx growth is essential as it provides insights into a company's strategic direction and financial health. A consistent increase in capital expenditures may indicate that a company is expanding its operations or investing in new technologies, which can lead to future revenue growth. Conversely, declining CapEx may suggest cost-cutting measures or a lack of growth opportunities. Investors often analyze CapEx growth in conjunction with other financial metrics to gauge a company's overall performance and potential for future returns.