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Beacon Roofing Supply (Beacon Roofing Supply) Gross Property, Plant and Equipment

: $1,400 Mil (As of Dec. 2023)
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Beacon Roofing Supply's quarterly gross PPE increased from Jun. 2023 ($851 Mil) to Sep. 2023 ($879 Mil) and increased from Sep. 2023 ($879 Mil) to Dec. 2023 ($1,400 Mil).

Beacon Roofing Supply's annual gross PPE increased from Sep. 2021 ($990 Mil) to Dec. 2022 ($1,227 Mil) and increased from Dec. 2022 ($1,227 Mil) to Dec. 2023 ($1,400 Mil).


Beacon Roofing Supply Gross Property, Plant and Equipment Historical Data

The historical data trend for Beacon Roofing Supply's Gross Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Beacon Roofing Supply Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Dec22 Dec23
Gross Property, Plant and Equipment
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 571.50 901.80 990.30 1,227.20 1,399.50

Beacon Roofing Supply Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Property, Plant and Equipment Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,227.20 810.80 851.10 879.30 1,399.50

Beacon Roofing Supply Gross Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the company. Fixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Beacon Roofing Supply  (NAS:BECN) Gross Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Beacon Roofing Supply Gross Property, Plant and Equipment Related Terms

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Beacon Roofing Supply (Beacon Roofing Supply) Business Description

Traded in Other Exchanges
Address
505 Huntmar Park Drive, Suite 300, Herndon, VA, USA, 20170
Beacon Roofing Supply Inc manufactures and sells roofing and building materials throughout the United States and Canada. Beacon's key customers consist of contractors, home builders, lumberyards, retailers, wholesale distributors, and building materials suppliers. The company's product portfolio includes both residential and non-residential roofing materials, siding, windows, and waterproofing systems. The majority of revenue is generated from residential and non-residential roofing products. The vast majority of Beacon's revenue comes from the United States.
Executives
Jason L Taylor officer: President, West Division 505 HUNTMAR PARK DR, SUITE 300, HERNDON VA 20170
James J Gosa officer: President, North/Canada Div. 505 HUNTMAR PARK DR, SUITE 300, HERNDON VA 20170
Cd&r Investment Associates Ix, Ltd. 10 percent owner MAPLES CORPORATE SERVICES LIMITED, UGLAND HOUSE, GRAND CAYMAN E9 KY101194
Best Clement Munroe Iii officer: President, South Division 505 HUNTMAR PARK DR, SUITE 300, HERNDON VA 20170
Julian Francis director, officer: President & CEO ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Christopher Carl Nelson officer: EVP, CIO 505 HUNTMAR PARK DR, SUITE 300, HERNDON VA 20170
Robert M Mclaughlin director C/O AIRGAS, INC., 259 NORTH RADNOR-CHESTER RD, RADNOR PA 19087
Martin S. Harrell officer: President, Waterproofing 3401 PHILIPS HWY, JACKSONVILLE FL 32207
Christine Stroh Reddy officer: EVP, General Counsel 505 HUNTMAR PARK DRIVE, SUITE 300, HERNDON VA 20170
Stuart A Randle director 585 WEST 500 SOUTH, BOUNTIFUL UT 84010
Racquel Harris Mason director C/O ELANCO ANIMAL HEALTH INCORPORATED, 2500 INNOVATION WAY, GREENFIELD IN 46140
Hart Melanie Housey director POOL CORPORATION, 109 NORTHPARK BLVD, COVINGTON LA 70433
Frank A Lonegro officer: EVP & Chief Financial Officer 500 WATER STREET, JACKSONVILLE FL 32202
Jonathan Stuart Bennett officer: EVP & CCO 505 HUNTMAR PARK DR, SUITE 300, HERNDON VA 20170
Sean M. Mcdevitt officer: EVP & CHRO 505 HUNTMAR PARK DR, SUITE 300, HERNDON VA 20170