Alaska Air Group Inc (ALK)
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 | 11,735,000 | 10,754,000 | 10,521,000 | 10,462,000 | 10,426,000 | 10,352,000 | 10,341,000 | 10,161,000 | 9,646,000 | 9,066,000 | 8,191,000 | 7,060,000 | 6,176,000 | 5,085,000 | 3,833,000 | 2,727,000 | 3,566,000 | 4,986,000 | 6,674,000 | 8,541,000 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 9,197,000 | 9,281,000 | 8,786,000 | 8,823,000 | 8,259,000 | 7,848,000 | 7,500,000 | 7,207,000 | 7,112,000 | 7,101,000 | 6,144,000 | 6,211,000 | 6,381,000 | 6,795,000 | 7,848,000 |
| Fixed asset turnover | — | — | — | — | — | 1.13 | 1.11 | 1.16 | 1.09 | 1.10 | 1.04 | 0.94 | 0.86 | 0.71 | 0.54 | 0.44 | 0.57 | 0.78 | 0.98 | 1.09 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $11,735,000K ÷ $—K
= —
Alaska Air Group Inc's fixed asset turnover ratio measures the company's efficiency in generating revenue from its investment in fixed assets. The trend of the fixed asset turnover ratio over the past quarters indicates varying levels of efficiency in asset utilization.
From March 31, 2020, to December 31, 2022, the fixed asset turnover ratio fluctuated between 0.44 and 1.10. The ratio generally increased during this period, suggesting an improvement in the company's ability to generate revenue relative to its investment in fixed assets. However, the ratio experienced some fluctuations, indicating potential changes in asset utilization efficiency.
In the most recent period from March 31, 2023, to December 31, 2023, the fixed asset turnover ratio remained relatively stable, ranging from 1.09 to 1.16. This stability may indicate a consistent level of efficiency in generating revenue from fixed assets during this period.
As of the latest available data, the fixed asset turnover ratio has not been provided for the quarters ending in 2024. It would be important to monitor this ratio in future financial reports to assess any significant changes in the company's asset utilization efficiency.
Overall, Alaska Air Group Inc's fixed asset turnover ratio has shown both fluctuations and improvements over the analyzed periods, reflecting changes in the company's efficiency in leveraging its fixed assets to generate revenue.
Peer comparison
Dec 31, 2024