Top Companies by CapEx
Largest public companies ranked by capex on a trailing twelve months basis. Compare top issuers, sector peers and historical context on TickerLeague.
How TTM capex is measured
Trailing twelve months (TTM) capital expenditure (capex) is the cash a company spent on property, plant and equipment over the most recent four fiscal quarters. It comes from the investing section of the cash flow statement and is shown here as a positive amount of cash invested. The rolling window smooths uneven project timing across quarters.
Capex is the price of growth and maintenance: data centers, factories, fleets, networks and stores. Subtract capex from EBITDA for a rough free-cash-flow proxy, and compare against TTM revenue to gauge investment intensity. Semis, telecoms, hyperscalers and utilities typically lead. Values are ranked in USD after period-average FX translation (IAS 21). Rankings USD translation methodology · IFRS IAS 21 (official)
Calculated from each company's four most recent reported quarters, as of .
Sector scopeAll sectorsChange sectorChange sector
Top companies by CapEx
- Amazon
AMZN
- Sector
- Consumer Cyclical
- CapEx
- $151.00B
- As of
- Microsoft
MSFT
- Sector
- Technology
- CapEx
- $97.22B
- As of
- Alphabet
GOOGL
- Sector
- Communication Services
- CapEx
- $91.45B
- As of
- Meta
META
- Sector
- Communication Services
- CapEx
- $75.75B
- As of
- Oracle
ORCL
- Sector
- Technology
- CapEx
- $48.25B
- As of
- TSMC
TSM
- Sector
- Technology
- CapEx
- $41.98B
- As of
- Exxon Mobil
XOM
- Sector
- Energy
- CapEx
- $28.36B
- As of
- Walmart
WMT
- Sector
- Consumer Defensive
- CapEx
- $26.64B
- As of
- AT&T
T
- Sector
- Communication Services
- CapEx
- $21.44B
- As of
- Berkshire Hathaway
BRK-B
- Sector
- Financial Services
- CapEx
- $20.93B
- As of
- Sector
- Technology
- CapEx
- $20.37B
- As of
- Chevron
CVX
- Sector
- Energy
- CapEx
- $17.57B
- As of
- Verizon
VZ
- Sector
- Communication Services
- CapEx
- $17.35B
- As of
- Alibaba
BABA
- Sector
- Consumer Cyclical
- CapEx
- $17.34B
- As of
- Novo Nordisk
NVO
- Sector
- Healthcare
- CapEx
- $13.78B
- As of
- Intel
INTC
- Sector
- Technology
- CapEx
- $13.10B
- As of
- Sector
- Utilities
- CapEx
- $13.09B
- As of
- Sector
- Consumer Cyclical
- CapEx
- $13.04B
- As of
- Sector
- Utilities
- CapEx
- $12.64B
- As of
- PG&E
PCG
- Sector
- Utilities
- CapEx
- $12.51B
- As of
- Sector
- Communication Services
- CapEx
- $12.12B
- As of
- Comcast
CMCSA
- Sector
- Communication Services
- CapEx
- $11.85B
- As of
- Apple
AAPL
- Sector
- Technology
- CapEx
- $11.05B
- As of
- Sempra
SRE
- Sector
- Utilities
- CapEx
- $10.61B
- As of
- CoreWeave
CRWV
- Sector
- Technology
- CapEx
- $10.31B
- As of
- Sector
- Utilities
- CapEx
- $9.97B
- As of
- T-Mobile US
TMUS
- Sector
- Communication Services
- CapEx
- $9.96B
- As of
- Tesla
TSLA
- Sector
- Consumer Cyclical
- CapEx
- $9.53B
- As of
- Sector
- Financial Services
- CapEx
- $9.52B
- As of
- Sector
- Consumer Cyclical
- CapEx
- $8.81B
- As of
- Walt Disney
DIS
- Sector
- Communication Services
- CapEx
- $8.57B
- As of
- Exelon
EXC
- Sector
- Utilities
- CapEx
- $8.53B
- As of
- Entergy
ETR
- Sector
- Utilities
- CapEx
- $7.90B
- As of
- Eli Lilly
LLY
- Sector
- Healthcare
- CapEx
- $7.84B
- As of
- Sector
- Energy
- CapEx
- $7.40B
- As of
- Sector
- Utilities
- CapEx
- $6.65B
- As of
- Sector
- Financial Services
- CapEx
- $6.52B
- As of
- Sector
- Energy
- CapEx
- $6.48B
- As of
- Sector
- Energy
- CapEx
- $6.43B
- As of
- Sector
- Industrials
- CapEx
- $6.31B
- As of
- Sector
- Energy
- CapEx
- $6.30B
- As of
- Sector
- Basic Materials
- CapEx
- $6.16B
- As of
- NVIDIA
NVDA
- Sector
- Technology
- CapEx
- $6.04B
- As of
- AES
AES
- Sector
- Utilities
- CapEx
- $5.93B
- As of
- Costco
COST
- Sector
- Consumer Defensive
- CapEx
- $5.91B
- As of
- Linde
LIN
- Sector
- Basic Materials
- CapEx
- $5.26B
- As of
- Sector
- Consumer Cyclical
- CapEx
- $5.23B
- As of
- Sector
- Healthcare
- CapEx
- $5.07B
- As of
- Sector
- Healthcare
- CapEx
- $5.07B
- As of
- Sector
- Utilities
- CapEx
- $5.03B
- As of
- Sector
- Energy
- CapEx
- $5.00B
- As of
- Sector
- Industrials
- CapEx
- $4.62B
- As of
- Sector
- Industrials
- CapEx
- $4.48B
- As of
- DTE Energy
DTE
- Sector
- Utilities
- CapEx
- $4.43B
- As of
- Sector
- Utilities
- CapEx
- $4.40B
- As of
- Sector
- Consumer Defensive
- CapEx
- $4.38B
- As of
- Ally Financial
ALLY
- Sector
- Financial Services
- CapEx
- $4.28B
- As of
- PepsiCo
PEP
- Sector
- Consumer Defensive
- CapEx
- $4.26B
- As of
- Dow
DOW
- Sector
- Basic Materials
- CapEx
- $4.21B
- As of
- Sector
- Utilities
- CapEx
- $4.16B
- As of
- Ameren
AEE
- Sector
- Utilities
- CapEx
- $4.15B
- As of
- Duke Energy
DUK
- Sector
- Utilities
- CapEx
- $4.14B
- As of
- Merck & Co.
MRK
- Sector
- Healthcare
- CapEx
- $4.11B
- As of
- Sector
- Technology
- CapEx
- $4.10B
- As of
- AstraZeneca
AZN
- Sector
- Healthcare
- CapEx
- $4.09B
- As of
- PPL
PPL
- Sector
- Utilities
- CapEx
- $4.03B
- As of
- Kroger
KR
- Sector
- Consumer Defensive
- CapEx
- $3.85B
- As of
- Sector
- Industrials
- CapEx
- $3.82B
- As of
- FedEx
FDX
- Sector
- Industrials
- CapEx
- $3.81B
- As of
- Sector
- Industrials
- CapEx
- $3.79B
- As of
- Atmos Energy
ATO
- Sector
- Utilities
- CapEx
- $3.70B
- As of
- Devon Energy
DVN
- Sector
- Energy
- CapEx
- $3.70B
- As of
- Sector
- Industrials
- CapEx
- $3.69B
- As of
- Sector
- Consumer Cyclical
- CapEx
- $3.68B
- As of
- Target
TGT
- Sector
- Consumer Defensive
- CapEx
- $3.63B
- As of
- Sector
- Consumer Cyclical
- CapEx
- $3.57B
- As of
- Boeing
BA
- Sector
- Industrials
- CapEx
- $3.54B
- As of
- Sector
- Healthcare
- CapEx
- $3.49B
- As of
- Sector
- Energy
- CapEx
- $3.49B
- As of
- Vistra
VST
- Sector
- Utilities
- CapEx
- $3.43B
- As of
- McDonald's
MCD
- Sector
- Consumer Cyclical
- CapEx
- $3.37B
- As of
- Targa Resources
TRGP
- Sector
- Energy
- CapEx
- $3.33B
- As of
- Sector
- Consumer Cyclical
- CapEx
- $3.26B
- As of
- Sector
- Industrials
- CapEx
- $3.23B
- As of
- Nucor
NUE
- Sector
- Basic Materials
- CapEx
- $3.22B
- As of
- ONEOK
OKE
- Sector
- Energy
- CapEx
- $3.15B
- As of
- Sector
- Financial Services
- CapEx
- $3.14B
- As of
- Sector
- Utilities
- CapEx
- $3.13B
- As of
- Sector
- Energy
- CapEx
- $3.02B
- As of
- Sector
- Utilities
- CapEx
- $3.02B
- As of
- Nebius Group
NBIS
- Sector
- Communication Services
- CapEx
- $3.01B
- As of
- Sector
- Energy
- CapEx
- $3.01B
- As of
- Sector
- Utilities
- CapEx
- $2.95B
- As of
- CMS Energy
CMS
- Sector
- Utilities
- CapEx
- $2.94B
- As of
- CVS Health
CVS
- Sector
- Healthcare
- CapEx
- $2.83B
- As of
- Sector
- Industrials
- CapEx
- $2.80B
- As of
- Evergy
EVRG
- Sector
- Utilities
- CapEx
- $2.80B
- As of
- NiSource
NI
- Sector
- Utilities
- CapEx
- $2.78B
- As of
- APA
APA
- Sector
- Energy
- CapEx
- $2.77B
- As of
- RTX
RTX
- Sector
- Industrials
- CapEx
- $2.76B
- As of
| # | Company | Sector | CapEx | As of |
|---|---|---|---|---|
| 1 | Amazon (AMZN) | Consumer Cyclical | $151.00B | |
| 2 | Microsoft (MSFT) | Technology | $97.22B | |
| 3 | Alphabet (GOOGL) | Communication Services | $91.45B | |
| 4 | Meta (META) | Communication Services | $75.75B | |
| 5 | Oracle (ORCL) | Technology | $48.25B | |
| 6 | TSMC (TSM) | Technology | $41.98B | |
| 7 | Exxon Mobil (XOM) | Energy | $28.36B | |
| 8 | Walmart (WMT) | Consumer Defensive | $26.64B | |
| 9 | AT&T (T) | Communication Services | $21.44B | |
| 10 | Berkshire Hathaway (BRK-B) | Financial Services | $20.93B | |
| 11 | Micron Technology (MU) | Technology | $20.37B | |
| 12 | Chevron (CVX) | Energy | $17.57B | |
| 13 | Verizon (VZ) | Communication Services | $17.35B | |
| 14 | Alibaba (BABA) | Consumer Cyclical | $17.34B | |
| 15 | Novo Nordisk (NVO) | Healthcare | $13.78B | |
| 16 | Intel (INTC) | Technology | $13.10B | |
| 17 | Southern Company (SO) | Utilities | $13.09B | |
| 18 | General Motors (GM) | Consumer Cyclical | $13.04B | |
| 19 | Dominion Energy (D) | Utilities | $12.64B | |
| 20 | PG&E (PCG) | Utilities | $12.51B | |
| 21 | Charter Communications (CHTR) | Communication Services | $12.12B | |
| 22 | Comcast (CMCSA) | Communication Services | $11.85B | |
| 23 | Apple (AAPL) | Technology | $11.05B | |
| 24 | Sempra (SRE) | Utilities | $10.61B | |
| 25 | CoreWeave (CRWV) | Technology | $10.31B | |
| 26 | NextEra Energy (NEE) | Utilities | $9.97B | |
| 27 | T-Mobile US (TMUS) | Communication Services | $9.96B | |
| 28 | Tesla (TSLA) | Consumer Cyclical | $9.53B | |
| 29 | Brookfield (BN) | Financial Services | $9.52B | |
| 30 | Ford Motor (F) | Consumer Cyclical | $8.81B | |
| 31 | Walt Disney (DIS) | Communication Services | $8.57B | |
| 32 | Exelon (EXC) | Utilities | $8.53B | |
| 33 | Entergy (ETR) | Utilities | $7.90B | |
| 34 | Eli Lilly (LLY) | Healthcare | $7.84B | |
| 35 | Diamondback Energy (FANG) | Energy | $7.40B | |
| 36 | Edison International (EIX) | Utilities | $6.65B | |
| 37 | Citigroup (C) | Financial Services | $6.52B | |
| 38 | EOG Resources (EOG) | Energy | $6.48B | |
| 39 | Occidental Petroleum (OXY) | Energy | $6.43B | |
| 40 | United Airlines Holdings (UAL) | Industrials | $6.31B | |
| 41 | Energy Transfer LP (ET) | Energy | $6.30B | |
| 42 | Air Products and Chemicals (APD) | Basic Materials | $6.16B | |
| 43 | NVIDIA (NVDA) | Technology | $6.04B | |
| 44 | AES (AES) | Utilities | $5.93B | |
| 45 | Costco (COST) | Consumer Defensive | $5.91B | |
| 46 | Linde (LIN) | Basic Materials | $5.26B | |
| 47 | Royal Caribbean Cruises (RCL) | Consumer Cyclical | $5.23B | |
| 48 | Johnson & Johnson (JNJ) | Healthcare | $5.07B | |
| 49 | HCA Healthcare (HCA) | Healthcare | $5.07B | |
| 50 | CenterPoint Energy (CNP) | Utilities | $5.03B | |
| 51 | Williams Companies (WMB) | Energy | $5.00B | |
| 52 | United Rentals (URI) | Industrials | $4.62B | |
| 53 | Delta Air Lines (DAL) | Industrials | $4.48B | |
| 54 | DTE Energy (DTE) | Utilities | $4.43B | |
| 55 | WEC Energy Group (WEC) | Utilities | $4.40B | |
| 56 | Procter & Gamble (PG) | Consumer Defensive | $4.38B | |
| 57 | Ally Financial (ALLY) | Financial Services | $4.28B | |
| 58 | PepsiCo (PEP) | Consumer Defensive | $4.26B | |
| 59 | Dow (DOW) | Basic Materials | $4.21B | |
| 60 | Eversource Energy (ES) | Utilities | $4.16B | |
| 61 | Ameren (AEE) | Utilities | $4.15B | |
| 62 | Duke Energy (DUK) | Utilities | $4.14B | |
| 63 | Merck & Co. (MRK) | Healthcare | $4.11B | |
| 64 | Texas Instruments (TXN) | Technology | $4.10B | |
| 65 | AstraZeneca (AZN) | Healthcare | $4.09B | |
| 66 | PPL (PPL) | Utilities | $4.03B | |
| 67 | Kroger (KR) | Consumer Defensive | $3.85B | |
| 68 | Union Pacific (UNP) | Industrials | $3.82B | |
| 69 | FedEx (FDX) | Industrials | $3.81B | |
| 70 | Deere & Company (DE) | Industrials | $3.79B | |
| 71 | Atmos Energy (ATO) | Utilities | $3.70B | |
| 72 | Devon Energy (DVN) | Energy | $3.70B | |
| 73 | United Parcel Service (UPS) | Industrials | $3.69B | |
| 74 | Home Depot (HD) | Consumer Cyclical | $3.68B | |
| 75 | Target (TGT) | Consumer Defensive | $3.63B | |
| 76 | Carnival Corporation (CCL) | Consumer Cyclical | $3.57B | |
| 77 | Boeing (BA) | Industrials | $3.54B | |
| 78 | UnitedHealth Group (UNH) | Healthcare | $3.49B | |
| 79 | Marathon Petroleum (MPC) | Energy | $3.49B | |
| 80 | Vistra (VST) | Utilities | $3.43B | |
| 81 | McDonald's (MCD) | Consumer Cyclical | $3.37B | |
| 82 | Targa Resources (TRGP) | Energy | $3.33B | |
| 83 | Norwegian Cruise Line (NCLH) | Consumer Cyclical | $3.26B | |
| 84 | Waste Management (WM) | Industrials | $3.23B | |
| 85 | Nucor (NUE) | Basic Materials | $3.22B | |
| 86 | ONEOK (OKE) | Energy | $3.15B | |
| 87 | American Express (AXP) | Financial Services | $3.14B | |
| 88 | American Water Works Company (AWK) | Utilities | $3.13B | |
| 89 | ConocoPhillips (COP) | Energy | $3.02B | |
| 90 | Public Service Enterprise Group (PEG) | Utilities | $3.02B | |
| 91 | Nebius Group (NBIS) | Communication Services | $3.01B | |
| 92 | Expand Energy (EXE) | Energy | $3.01B | |
| 93 | Constellation Energy (CEG) | Utilities | $2.95B | |
| 94 | CMS Energy (CMS) | Utilities | $2.94B | |
| 95 | CVS Health (CVS) | Healthcare | $2.83B | |
| 96 | Southwest Airlines (LUV) | Industrials | $2.80B | |
| 97 | Evergy (EVRG) | Utilities | $2.80B | |
| 98 | NiSource (NI) | Utilities | $2.78B | |
| 99 | APA (APA) | Energy | $2.77B | |
| 100 | RTX (RTX) | Industrials | $2.76B |