Historical source-based research. Compilation date and financial period are different dates.
Observation
Across 2 eligible materials companies, the equal-weight median capital expenditure as a share of revenue was 12.68% for the latest selected annual periods.
Data context
The eligible sample covers 2 of 6 selected companies. The latest selected annual periods span 2025-12-31 to 2025-12-31. Companies have different fiscal year ends. This is a cross-sectional research sample, not a calendar-year index or a representation of the full sector.
Company evidence
LIN 15.48% (period 2025-12-31); SCCO 9.88% (period 2025-12-31).
Distribution
The sample range is 9.88% (SCCO) to 15.48% (LIN). The median is computed across company ratios with equal weight; it is not a ratio of aggregate totals. Extreme values can reflect a small denominator or unusual accounting items.
Interpretation
Mining and industrial-materials businesses depend on commodity cycles, capacity, input costs and capital discipline. The numerator is capex; the denominator is revenue. Only positive denominators and disclosed numerators qualify. No missing value is replaced with zero.
What to watch
Volumes, realized prices, reinvestment and through-cycle cash generation.
Research limitations
Commodity pricing, production disruption, reserve quality, energy costs and capital execution. The sample uses a September 18, 2026 source snapshot. It does not establish current market conditions, causal drivers or future returns. Sector labels are editorial and the financial-sector cash-flow measures need particular caution.
| Company | Value | Period end |
|---|---|---|
| LIN | 15.48% | 2025-12-31 |
| SCCO | 9.88% | 2025-12-31 |
Sources & dates
- LIN · period 2025-12-31 ↗Source date 2026-02-25
- SCCO · period 2025-12-31 ↗Source date 2026-02-27