Alaska Air Group Inc (ALK)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 11,735,000 | 10,426,000 | 9,646,000 | 6,176,000 | 3,566,000 |
| Property, plant and equipment | US$ in thousands | — | — | 8,823,000 | 7,207,000 | 6,211,000 |
| Fixed asset turnover | — | — | 1.09 | 0.86 | 0.57 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $11,735,000K ÷ $—K
= —
Fixed asset turnover measures how efficiently a company is utilizing its fixed assets to generate revenue. For Alaska Air Group Inc, we observe an increasing trend in fixed asset turnover over the past few years: from 0.57 in December 31, 2020, to 1.09 in December 31, 2022.
This indicates that the company is becoming more effective in generating revenue relative to its investment in fixed assets. It implies that Alaska Air Group Inc is utilizing its fixed assets more efficiently to support its operations and generate sales.
However, the data shows missing values for December 31, 2023, and December 31, 2024, which limits our ability to gauge the company's fixed asset turnover for those years. It would be important to investigate the reasons behind these missing data points to ensure the continuity of the analysis.
Overall, the increasing trend in fixed asset turnover for Alaska Air Group Inc suggests improved operational efficiency and better utilization of fixed assets over the period analyzed.
Peer comparison
Dec 31, 2024