For investors tracking industrial stocks, understanding "what is capex in finance" helps predict operational capacity. Steel producers’ capex has surged 18% in early 2024, potentially influencing supply and price stability in the commodities market. $2.595 9-mo FCF / 0.75 = $3.46 billion FCF (straight line est.) While the oil and gas industry has recovered financially since the pandemic and embraced capex discipline, developments in these areas warrant continued vigilance. In finance, "what is capex in finance" refers to capital expenditures—funds used by a company to acquire, upgrade, or maintain physical assets. In the current stock market, sectors like renewable energy are reporting higher capex for 2024, signaling expansion plans that may fuel long-term growth despite short-term profit pressure.