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Genesee & Wyoming (Genesee & Wyoming) Property, Plant and Equipment : $4,665 Mil (As of Sep. 2019)


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What is Genesee & Wyoming Property, Plant and Equipment?

Genesee & Wyoming's quarterly net PPE increased from Mar. 2019 ($4,644 Mil) to Jun. 2019 ($4,670 Mil) but then declined from Jun. 2019 ($4,670 Mil) to Sep. 2019 ($4,665 Mil).

Genesee & Wyoming's annual net PPE increased from Dec. 2016 ($4,503 Mil) to Dec. 2017 ($4,657 Mil) but then declined from Dec. 2017 ($4,657 Mil) to Dec. 2018 ($4,613 Mil).


Genesee & Wyoming Property, Plant and Equipment Historical Data

The historical data trend for Genesee & Wyoming's 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.

Genesee & Wyoming Property, Plant and Equipment Chart

Genesee & Wyoming Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,788.48 4,215.06 4,503.32 4,656.92 4,613.01

Genesee & Wyoming Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
Property, Plant and Equipment Get a 7-Day Free Trial 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 4,613.30 4,613.01 4,643.94 4,669.70 4,664.84

Genesee & Wyoming Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed 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.


Genesee & Wyoming  (NYSE:GWR) 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.


Genesee & Wyoming Property, Plant and Equipment Related Terms

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Genesee & Wyoming (Genesee & Wyoming) Business Description

Traded in Other Exchanges
N/A
Address
20 West Avenue, Darien, CT, USA, 06820
Genesee & Wyoming manages one of the largest portfolios of short-line/regional freight railroads in North America. About 58% of revenue comes from its core North American short-line business, while its rail lines in Australia make up 14%. Roughly 28% comes from its Europe/U.K. division, which includes its European heavy haul and intermodal operations (Freightliner) that were acquired in early 2015.
Executives
Albert J Neupaver director
Hunter C Smith director C/O GENESEE & WYOMING INC., 20 WEST AVENUE, DARIEN CT 06820
Richard Harold Bott director 34 ISLAND DRIVE, RYE NY 10580
J H Pyne director
Oivind Lorentzen director C/O SEACOR SMIT, INC., 460 PARK AVENUE 12TH FLOOR, NEW YORK NY 10022
Mark A Scudder director 411 S. 13TH STREET, SUITE 200, LINCOLN NE 68508
Cynthia Lynn Hostetler director C/O EDGEN MURRAY CORPORATION, 18444 HIGHLAND ROAD, BATON ROUGE LA 70809
Ann N Reese director C/O GENESEE & WYOMING INC., 66 FIELD POINT ROAD, GREENWICH CT 06901
David A Brown officer: Chief Operating Officer GENESEE & WYOMING INC., 66 FIELD POINT ROAD, GREENWICH CT 06830
Hans Michael Norkus director OVERLAND STORAGE, INC., 4820 OVERLAND AVENUE, SAN DIEGO CA 92123
Robert M Melzer director 61 MONMOUTH ST., ., BROOKLINE MA 02446-5605
Tc Group V, L.l.c. 10 percent owner C/O THE CARLYLE GROUP, 1001 PENNSYLVANIA AVE., N.W., SUITE 220S, WASHINGTON DC 20004
Tc Group Cayman Investment Holdings, L.p. 10 percent owner C/O WALKERS CORPORATE SERVICES LIMITED, 190 ELGIN AVENUE, GEORGE TOWN, GRAND CAYMAN E9 KY1-9001
Carlyle Group Inc. 10 percent owner C/O THE CARLYLE GROUP, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Carlyle Holdings Ii L.l.c. 10 percent owner C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505