Akamai Technologies Inc (AKAM)
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 | 4,016,072 | 3,984,572 | 3,940,389 | 3,893,373 | 3,826,238 | 3,733,857 | 3,652,471 | 3,620,307 | 3,608,242 | 3,585,821 | 3,548,899 | 3,483,286 | 3,407,208 | 3,348,137 | 3,281,469 | 3,224,148 | 3,146,371 | 3,072,207 | 2,995,310 | 2,915,391 |
| Property, plant and equipment | US$ in thousands | 1,995,070 | — | — | — | 1,825,940 | 2,670,040 | 1,746,080 | 1,654,610 | 1,540,180 | 1,520,430 | 1,541,880 | 1,579,830 | 1,534,330 | 1,543,300 | 1,538,420 | 1,511,390 | 1,478,270 | 1,383,480 | 1,281,390 | 1,180,550 |
| Fixed asset turnover | 2.01 | — | — | — | 2.10 | 1.40 | 2.09 | 2.19 | 2.34 | 2.36 | 2.30 | 2.20 | 2.22 | 2.17 | 2.13 | 2.13 | 2.13 | 2.22 | 2.34 | 2.47 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $4,016,072K ÷ $1,995,070K
= 2.01
Akamai Technologies Inc's fixed asset turnover ratio has shown some fluctuations over the period under consideration. The ratio was relatively stable at around 2.1 to 2.3 from March 2020 to June 2022, indicating that the company generated, on average, around $2.1 to $2.3 in revenue for every dollar invested in fixed assets during those periods.
There was a slight decrease in fixed asset turnover from September 2022 to March 2023, with the ratio dropping to 1.40, which could suggest a decline in efficiency in utilizing fixed assets to generate revenue during that particular period. However, it rebounded to 2.10 by December 2023.
Notably, the fixed asset turnover ratio was not available for the periods from March 2024 to December 2024, as indicated by the "—" symbol in the data.
Overall, while there have been some fluctuations in Akamai Technologies Inc's fixed asset turnover ratio, the company generally maintained a reasonably healthy level of efficiency in generating revenue from its investment in fixed assets during the period analyzed.
Peer comparison
Dec 31, 2024