Arcosa Inc (ACA)
Fixed asset turnover
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (ttm) | US$ in thousands | 2,569,900 | 2,485,900 | 2,437,200 | 2,357,300 | 2,307,900 | 2,226,000 | 2,238,200 | 2,256,200 | 2,242,800 | 2,264,300 | 2,219,500 | 2,131,800 | 2,036,400 | 1,973,500 | 1,904,400 | 1,887,800 | 1,935,600 | 1,923,600 | 1,878,600 | 1,814,200 |
Property, plant and equipment | US$ in thousands | — | — | — | — | — | 1,290,500 | 1,233,200 | 1,209,700 | 1,199,600 | 1,171,400 | 1,178,300 | 1,196,400 | 1,201,900 | 1,273,000 | 1,206,700 | 905,200 | 913,300 | 894,800 | 907,200 | 907,600 |
Fixed asset turnover | — | — | — | — | — | 1.72 | 1.81 | 1.87 | 1.87 | 1.93 | 1.88 | 1.78 | 1.69 | 1.55 | 1.58 | 2.09 | 2.12 | 2.15 | 2.07 | 2.00 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $2,569,900K ÷ $—K
= —
Fixed asset turnover is a financial ratio that measures how efficiently a company is utilizing its fixed assets to generate revenue. In the case of Arcosa Inc, the trend in fixed asset turnover from March 31, 2020, to December 31, 2023, shows a relatively consistent performance with some fluctuations. The ratio started at 2.00 on March 31, 2020, and reached a peak of 2.15 on September 30, 2020. However, there was a slight decline in the ratio to 1.55 on September 30, 2021, and a subsequent recovery to 1.93 on September 30, 2022.
From December 31, 2022, to March 31, 2024, the fixed asset turnover ratio fluctuated within a narrower range between 1.69 and 1.87, indicating a stable but moderate efficiency in utilizing fixed assets to generate revenue. The ratio generally stayed above 1, which implies that Arcosa Inc is generating more revenue per dollar invested in fixed assets.
The missing data points for the period after December 31, 2023, prevent a complete assessment of Arcosa Inc's recent performance in terms of fixed asset turnover. It would be beneficial to monitor this ratio in the upcoming periods to assess any potential trends or changes in the company's efficiency in utilizing its fixed assets.
Peer comparison
Dec 31, 2024