Shareable Research Card

Top Companies by Capital Expenditures

This page ranks companies by latest available capital expenditures facts reported in SEC company filings.

Use it to find leading reporters for this metric, then open a company facts page to inspect the underlying history. Reporting periods may differ by company.

Context
Current top row: Alphabet Inc.
Latest reported value
$91,447,000,000

Based on latest available SEC company facts. Reporting periods may differ by company; open company facts to verify the reported history.

Return Loop

Why revisit this ranking page

Rankings update as companies report new SEC facts, so the leaders, ordering, and best company pages to verify can change after each filing cycle.

Latest source-backed update
Alphabet Inc. leads the current sample
Why come back
Revisit after new filings to see whether the ordering changed and which company facts page is worth reopening.
  • Current top company: Alphabet Inc..
  • Latest comparable end date in this sample: 31 Jan 2026.
  • Save the companies you care about from this list, then return after the next quarterly filing to see what changed.

Insight freshness depends on the latest comparable SEC company facts available for this metric. Reporting periods may differ by company.

Latest update

What changed recently in Capital Expenditures rankings

New ranking-relevant fact available

Alphabet Inc. currently leads this ranking. Revisit after new filings to see whether the ordering changed.

Update date

31 Jan 2026

Page type

Insight ranking

Latest period

31 Jan 2026

Rankings use the latest available comparable SEC company facts for this metric. Reporting periods may differ by company.

Benchmark Context

How to read this capital expenditures ranking

Alphabet Inc. currently leads the visible sample for capital expenditures. That is about 17.4x the current visible midpoint.

Compared with

Compared with other companies reporting the same metric in compatible units. Latest periods may differ by company, so use the company facts page to verify the underlying period.

Why this is notable

The current leader reports about 1.3x the value of the next company in the visible ranking. Use the metric history pages to see whether companies near the top are separated by a wide gap or a narrow cluster.

  • Visible sample size: 60 companies.
  • Visible rows currently span reported period ends from 31 Dec 2010 to 31 Jan 2026.
  • Current top band: Alphabet Inc., Meta Platforms, Inc., and MICROSOFT CORP.
  • Middle of the visible sample: LINDE PLC and ROYAL CARIBBEAN CRUISES LTD.

This ranking keeps the latest valid row per company and excludes incompatible units. Open company facts or metric history pages to inspect the exact reported values.

Plain-English Guide

What Capital Expenditures means in this ranking

Capex is the cash a company reports spending on property, equipment, and similar long-lived assets.

Why people care

Users watch capex to understand reinvestment intensity, expansion plans, and how much operating cash has to stay inside the business.

How to read it

Read capex together with operating cash flow because the combination shows whether the business is funding its own reinvestment.

Compare next

Compare it with operating cash flow, revenue, and assets to understand how aggressively the company is reinvesting.

Capex can be lumpy across quarters and projects, so single-period comparisons are less useful than a short multi-period history.

Financial Insight Ranking

Which companies report the largest capex?

See issuers with the largest reported capital expenditures.

Capex comparisons help users read reinvestment pace versus cash generation.

How to verify it

Based on company facts extracted from SEC 10-Q/10-K XBRL filings where available. Reporting periods may differ by company.

Top Companies by Capital Expenditures

Rankings use latest available reported company facts. Reporting periods may differ by company; open company facts to inspect the underlying history.

Rank Company Latest value Reported period Next step
1 Alphabet Inc. (googl) $91,447,000,000 Year - 31 Dec 2025 View Alphabet Inc. metric history
2 Meta Platforms, Inc. (meta) $69,691,000,000 Year - 31 Dec 2025 View Meta Platforms, Inc. metric history
3 MICROSOFT CORP (msft) $29,876,000,000 Quarter - 31 Dec 2025 View MICROSOFT CORP metric history
4 EXXON MOBIL CORP (xom) $28,358,000,000 Year - 31 Dec 2025 View EXXON MOBIL CORP metric history
5 Walmart Inc. (wmt) $26,642,000,000 Year - 31 Jan 2026 View Walmart Inc. metric history
6 BERKSHIRE HATHAWAY INC (brkb) $20,927,000,000 Year - 31 Dec 2025 View BERKSHIRE HATHAWAY INC metric history
7 AT&T INC. (t) $20,647,000,000 Year - 31 Dec 2017 View AT&T INC. metric history
8 INTEL CORP (intc) $14,646,000,000 Year - 27 Dec 2025 View INTEL CORP metric history
9 Duke Energy CORP (duk) $14,024,000,000 Year - 31 Dec 2025 View Duke Energy CORP metric history
10 Venture Global, Inc. (vg) $13,365,000,000 Year - 31 Dec 2025 View Venture Global, Inc. metric history
11 SOUTHERN CO (so) $12,737,000,000 Year - 31 Dec 2025 View SOUTHERN CO metric history
12 PG&E Corp (pcg) $11,787,000,000 Year - 31 Dec 2025 View PG&E Corp metric history
13 COMCAST CORP (cmcsa) $11,750,000,000 Year - 31 Dec 2025 View COMCAST CORP metric history
14 CHARTER COMMUNICATIONS, INC. /MO/ (chtr) $11,659,000,000 Year - 31 Dec 2025 View CHARTER COMMUNICATIONS, INC. /MO/ metric history
15 CCO HOLDINGS LLC $11,624,000,000 Year - 31 Dec 2025 View CCO HOLDINGS LLC metric history
16 BERKSHIRE HATHAWAY ENERGY CO $10,589,000,000 Year - 31 Dec 2025 View BERKSHIRE HATHAWAY ENERGY CO metric history
17 CoreWeave, Inc. (crwv) $10,309,000,000 Year - 31 Dec 2025 View CoreWeave, Inc. metric history
18 PETROBRAS - PETROLEO BRASILEIRO SA (pbr) $9,924,000,000 Quarter - 31 Mar 2011 View PETROBRAS - PETROLEO BRASILEIRO SA metric history
19 General Motors Co (gm) $9,303,000,000 Year - 31 Dec 2025 View General Motors Co metric history
20 TOYOTA MOTOR CORP/ (tm) $9,086,000,000 Year - 31 Mar 2013 View TOYOTA MOTOR CORP/ metric history
21 EXELON CORP (exc) $8,529,000,000 Year - 31 Dec 2025 View EXELON CORP metric history
22 Tesla, Inc. (tsla) $8,527,000,000 Year - 31 Dec 2025 View Tesla, Inc. metric history
23 ORACLE CORP (orcl) $8,502,000,000 Quarter - 31 Aug 2025 View ORACLE CORP metric history
24 ENTERGY CORP /DE/ (etr) $7,684,922,000 Year - 31 Dec 2025 View ENTERGY CORP /DE/ metric history
25 CITIGROUP INC (c) $6,520,000,000 Year - 31 Dec 2025 View CITIGROUP INC metric history
26 EDISON INTERNATIONAL (eix) $6,515,000,000 Year - 31 Dec 2025 View EDISON INTERNATIONAL metric history
27 OCCIDENTAL PETROLEUM CORP /DE/ (oxy) $6,427,000,000 Year - 31 Dec 2025 View OCCIDENTAL PETROLEUM CORP /DE/ metric history
28 AES CORP (aes) $5,929,000,000 Year - 31 Dec 2025 View AES CORP metric history
29 MICRON TECHNOLOGY INC (mu) $5,389,000,000 Quarter - 27 Nov 2025 View MICRON TECHNOLOGY INC metric history
30 LINDE PLC (lin) $5,261,000,000 Year - 31 Dec 2025 View LINDE PLC metric history
31 ROYAL CARIBBEAN CRUISES LTD (rcl) $5,229,000,000 Year - 31 Dec 2025 View ROYAL CARIBBEAN CRUISES LTD metric history
32 HCA Healthcare, Inc. (hca) $4,944,000,000 Year - 31 Dec 2025 View HCA Healthcare, Inc. metric history
33 WILLIAMS COMPANIES, INC. (wmb) $4,893,000,000 Year - 31 Dec 2025 View WILLIAMS COMPANIES, INC. metric history
34 CENTERPOINT ENERGY INC (cnp) $4,870,000,000 Year - 31 Dec 2025 View CENTERPOINT ENERGY INC metric history
35 NextDecade Corp (next) $4,846,807,000 Year - 31 Dec 2025 View NextDecade Corp metric history
36 JOHNSON & JOHNSON (jnj) $4,832,000,000 Year - 28 Dec 2025 View JOHNSON & JOHNSON metric history
37 Vale S.A. (vale) $4,604,000,000 Quarter - 31 Dec 2012 View Vale S.A. metric history
38 TEXAS INSTRUMENTS INC (txn) $4,550,000,000 Year - 31 Dec 2025 View TEXAS INSTRUMENTS INC metric history
39 CONSOLIDATED EDISON INC (ed) $4,465,000,000 Year - 31 Dec 2022 View CONSOLIDATED EDISON INC metric history
40 EVERSOURCE ENERGY (es) $4,158,669,000 Year - 31 Dec 2025 View EVERSOURCE ENERGY metric history
41 AMEREN CORP (aee) $4,128,000,000 Year - 31 Dec 2025 View AMEREN CORP metric history
42 Merck & Co., Inc. (mrk) $4,112,000,000 Year - 31 Dec 2025 View Merck & Co., Inc. metric history
43 PPL Corp (ppl) $4,030,000,000 Year - 31 Dec 2025 View PPL Corp metric history
44 UNION PACIFIC CORP (unp) $3,791,000,000 Year - 31 Dec 2025 View UNION PACIFIC CORP metric history
45 TARGET CORP (tgt) $3,727,000,000 Year - 31 Jan 2026 View TARGET CORP metric history
46 UNITED PARCEL SERVICE INC (ups) $3,685,000,000 Year - 31 Dec 2025 View UNITED PARCEL SERVICE INC metric history
47 UNITEDHEALTH GROUP INC (unh) $3,622,000,000 Year - 31 Dec 2025 View UNITEDHEALTH GROUP INC metric history
48 BARRICK MINING CORP (b) $3,560,000,000 Year - 31 Dec 2010 View BARRICK MINING CORP metric history
49 Marathon Petroleum Corp (mpc) $3,486,000,000 Year - 31 Dec 2025 View Marathon Petroleum Corp metric history
50 NUCOR CORP (nue) $3,422,000,000 Year - 31 Dec 2025 View NUCOR CORP metric history
51 Atlas Corp. $3,345,000,000 Year - 31 Dec 2024 View Atlas Corp. metric history
52 Targa Resources Corp. (trgp) $3,333,300,000 Year - 31 Dec 2025 View Targa Resources Corp. metric history
53 PUBLIC SERVICE ENTERPRISE GROUP INC (peg) $3,272,000,000 Year - 31 Dec 2025 View PUBLIC SERVICE ENTERPRISE GROUP INC metric history
54 Norwegian Cruise Line Holdings Ltd. (nclh) $3,259,606,000 Year - 31 Dec 2025 View Norwegian Cruise Line Holdings Ltd. metric history
55 NCL CORP Ltd. $3,259,606,000 Year - 31 Dec 2025 View NCL CORP Ltd. metric history
56 ONEOK INC /NEW/ (oke) $3,152,000,000 Year - 31 Dec 2025 View ONEOK INC /NEW/ metric history
57 American Water Works Company, Inc. (awk) $3,126,000,000 Year - 31 Dec 2025 View American Water Works Company, Inc. metric history
58 Essential Utilities, Inc. (wtrg) $3,126,000,000 Year - 31 Dec 2025 View Essential Utilities, Inc. metric history
59 Cheniere Energy, Inc. (lng) $3,078,000,000 Year - 31 Dec 2025 View Cheniere Energy, Inc. metric history
60 KINDER MORGAN, INC. (kmi) $3,026,000,000 Year - 31 Dec 2025 View KINDER MORGAN, INC. metric history