Albany International Corporation (AIN)

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	1,230,615	1,267,294	1,250,014	1,192,143	1,147,909	1,093,111	1,072,568	1,059,814	1,034,887	1,006,019	977,898	951,048	929,241	916,180	895,737	887,208	900,610	931,431	990,565	1,038,524
Property, plant and equipment	US$ in thousands	—	—	—	—	—	566,974	451,986	450,254	445,658	411,139	419,142	431,860	436,417	426,806	438,392	435,976	448,554	442,469	443,046	446,890
Fixed asset turnover		—	—	—	—	—	1.93	2.37	2.35	2.32	2.45	2.33	2.20	2.13	2.15	2.04	2.03	2.01	2.11	2.24	2.32

December 31, 2024 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $1,230,615K ÷ $—K
= —

The fixed asset turnover ratio measures how efficiently a company generates sales revenue from its investment in fixed assets. For Albany International Corporation, the fixed asset turnover has fluctuated over the years based on the provided data.

The trend shows a general decline in fixed asset turnover from a high of 2.45 in September 2022 to a low of 1.93 in September 2023. This decrease indicates that the company is generating less revenue for every dollar invested in fixed assets during that period.

Subsequently, the fixed asset turnover ratio remained unavailable for the last few periods, which may indicate a lack of sufficient data or a potential shift in the company's reporting structure.

Analyzing the fluctuations in the fixed asset turnover ratio can provide insights into Albany International Corporation's operational efficiency, asset utilization, and overall business performance in managing its fixed assets to generate sales. Further context and comparison with industry benchmarks would be necessary to assess the company's performance more comprehensively.