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Published method

SEC CompanyFacts capital-intensity methodology

Ranks a bounded AI infrastructure company cohort by reported TTM capex divided by reported TTM revenue, requiring four complete fiscal quarters for both flows.

2-single-concept-quarter-chain-2026-07-27

Version

Jul 27, 2026

Published

1

Board

sec-ai-infrastructure-capital-intensity

Method ID

Where the facts come from

Source

SEC EDGAR CompanyFacts us-gaap taxonomy

How the order is produced

Direction

descending

Tie Breakers
  • ttmCapexDescending
  • entitySlug
Normalization

none

Primary Metric

sec-capex-to-revenue-ratio

When the method reruns

Each board shows the date of the snapshot it is built from.

Boards

Boards using this version

BoardPrimary measureRowsConfidenceSnapshotBoard versionRefreshBoard
AI infrastructure capital intensitysec-capex-to-revenue-ratio27100%Oct 23, 20262-single-concept-quarter-chain-2026-07-27Not statedOpen the board: AI infrastructure capital intensity

Versioned contract

Complete measurement ledger

Debt

Current and noncurrent long-term debt components are summed only when reported for the same period. If only one component is available, the value is explicitly marked as a lower bound. Debt absence does not exclude an otherwise complete row.

Source

SEC EDGAR CompanyFacts us-gaap taxonomy

Ranking

Direction

descending

Tie Breakers
  • ttmCapexDescending
  • entitySlug
Normalization

none

Primary Metric

sec-capex-to-revenue-ratio

Version

2-single-concept-quarter-chain-2026-07-27

Universe

The reviewed Rank.ai public-company AI infrastructure cohort with a configured SEC CIK.

Limitations

  • Values are total-company reported figures, not AI-only spend or revenue.
  • Capital expenditure concepts can differ in economic scope across issuers.
  • Fiscal-quarter end dates differ across companies.
  • Reported long-term debt is not net debt and is not a credit rating.
  • CompanyFacts excludes issuer-specific extension concepts not mapped to us-gaap.

Ttm Eligibility

Four date-contiguous, non-overlapping fiscal quarters are required for both capex and revenue, and their latest period ends must match. Missing facts exclude the company; values are never estimated or zero-filled.

Concept Priority

Capex
  • PaymentsToAcquirePropertyPlantAndEquipment
  • PaymentsToAcquireProductiveAssets
Revenue
  • RevenueFromContractWithCustomerExcludingAssessedTax
  • Revenues
  • SalesRevenueNet
Debt Current
  • LongTermDebtAndFinanceLeaseObligationsCurrent
  • LongTermDebtCurrent
Debt Noncurrent
  • LongTermDebtAndFinanceLeaseObligationsNoncurrent
  • LongTermDebtNoncurrent

Flow Normalization

For each concept and exact period, Rank.ai selects the latest eligible 10-K/10-Q filing. A four-quarter flow chain must use one taxonomy concept throughout; concepts are never spliced. The most recent complete chain wins, with reviewed concept order breaking a same-period tie. Standalone quarter facts are used directly. Fiscal year-to-date and annual facts are differenced against the prior cumulative period to derive a standalone quarter. Negative derived flows are rejected.

Publication Coverage

A snapshot must retain at least five complete companies and at least 75% of the configured SEC cohort. A thinner refresh is rejected so transient collection failures cannot replace the last good publication.

Capital Intensity Formula

sum(last four standalone capex quarters) / sum(last four standalone revenue quarters)

Enter your website. In about two minutes, Rank.ai asks ChatGPT, Claude and Gemini 12 questions your customers ask and grades how often they name you.

  • Your grade out of 100How often AI names you, cites your site, and how high it ranks you.
  • Who gets namedEvery competitor in the answers, most named first.
  • The pages AI readsThe sources behind each answer.
  • Three fixesWhat to fix first, with a brief for the first article.