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Pegasystems (Pegasystems) Gross Property, Plant and Equipment : $106 Mil (As of Mar. 2024)


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What is Pegasystems Gross Property, Plant and Equipment?

Pegasystems's quarterly gross PPE increased from Sep. 2023 ($115 Mil) to Dec. 2023 ($195 Mil) but then declined from Dec. 2023 ($195 Mil) to Mar. 2024 ($106 Mil).

Pegasystems's annual gross PPE increased from Dec. 2021 ($183 Mil) to Dec. 2022 ($211 Mil) but then declined from Dec. 2022 ($211 Mil) to Dec. 2023 ($195 Mil).


Pegasystems Gross Property, Plant and Equipment Historical Data

The historical data trend for Pegasystems'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.

Pegasystems Gross Property, Plant and Equipment Chart

Pegasystems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 105.26 189.80 182.70 211.38 194.55

Pegasystems Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross 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 128.32 122.54 115.35 194.55 106.37

Pegasystems 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.


Pegasystems  (NAS:PEGA) 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.


Pegasystems Gross Property, Plant and Equipment Related Terms

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Pegasystems (Pegasystems) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Pegasystems Inc (NAS:PEGA) » Definitions » Gross Property, Plant and Equipment
Traded in Other Exchanges
Address
One Main Street, Cambridge, MA, USA, 02142
Founded in 1983, Pegasystems provides a suite of solutions for customer engagement and business process management. The company's key offering is the Pega Infinity platform, which combines business process management, or BPM, with customer relationship management, or CRM, applications. The company focuses on enterprise-size customers, specifically within the financial, insurance, and healthcare verticals.
Executives
Efstathios A Kouninis officer: VP of Finance & CAO 26 GRANDVIEW DRIVE, DOVER NH 03820
Rifat Kerim Akgonul officer: Chief Product Officer ONE ROGERS STREET, CAMBRIDGE MA 02142
Leon Trefler officer: SVP, Global Customer Success 1 MAIN STREET, CAMBRIDGE MA 02142
Kenneth Stillwell officer: CFO, SVP ONE ROGERS STREET, CAMBRDIGE MA 02142
Richard H Jones director C/O PEGASYSTEMS INC, 101 MAIN STREET, CAMBRIDGE MA 02142
John Gerard Higgins officer: Chief, Client &Partner Success C/O PEGASYSTEMS INC., 1 MAIN STREET, CAMBRIDGE MA 02142
Michael R Pyle officer: Senior VP, Engineering C/O PEGASYSTEMS INC, 101 MAIN STREET, CAMBRIGE MA 02142
Christopher Lafond director 56 TOP GALLANT RD, STAMFORD CT 06904
Sharon T Rowlands director 195 BROADWAY, NEW YORK NY 10007
Dianne Ledingham director ONE ROGERS STREET, CAMBRIDGE MA 02142
Larry Weber director C/O MIVA, INC., 5220 SUMMERLIN COMMONS BLVD., SUITE 500, FORT MYERS FL 33907
Douglas I Kra officer: SVP, Global Customer Success 101 MAIN STREET, C/O PEGASYSTEMS INC., CAMBRIDGE MA 02142
Hayden Stafford officer: President ONE ROGERS STREET, CAMBRIDGE MA 02142
Peter Gyenes director 50 WASHINGTON ST, WESBOROUGH MA 012581
Alan Trefler 10 percent owner, officer: C.E.O. & Chairman C/O PEGASYSTEMS INC, 101 MAIN STREET, CAMBRIDGE MA 02142