Capital Expenditure (CapEx)
Capital expenditure is money a company invests in long-lived assets — factories, equipment, data centers. Rising capex can signal confidence and future growth or margin pressure in the near term, so guidance on capex intensity is closely watched, especially across AI and infrastructure names.
Seen in a real earnings call
“…plan to generate stronger cash flow begins with streamlining our operations and enhancing our business mix. We're containing SG&A expenses, optimizing capital expenditures, reducing capital -- working capital requirements and maximizing cash generation from our CM&C and RPS businesses to be redeployed. With a clearer path…”Koppers Holdings Inc. (KOP) — earnings call, September 17, 2026