ANGI Homeservices Inc (ANGI)
Fixed asset turnover
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 1,125,635 | 1,185,112 | 1,217,676 | 1,292,794 | 1,352,728 | 1,439,745 | 1,580,858 | 1,707,057 | 1,847,771 | 1,891,523 | 1,865,833 | 1,829,362 | 1,734,568 | 1,685,438 | 1,628,883 | 1,557,231 | 1,511,304 | 1,467,925 | 1,430,132 | 1,397,577 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | — | 129,670 | 139,055 | 153,855 | 167,302 | 156,230 | 138,032 | 118,267 | 116,825 | 111,054 | 111,431 | 108,842 | 104,323 | 104,261 |
| Fixed asset turnover | — | — | — | — | — | — | — | 13.16 | 13.29 | 12.29 | 11.15 | 11.71 | 12.57 | 14.25 | 13.94 | 14.02 | 13.56 | 13.49 | 13.71 | 13.40 |
March 31, 2025 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $1,125,635K ÷ $—K
= —
The fixed asset turnover ratio for ANGI Homeservices Inc has exhibited fluctuations over the observed periods. From June 30, 2020, through December 31, 2021, the ratio demonstrated a generally stable to slightly increasing trend, moving from 13.40 to a peak of 14.25, indicating that the company was efficiently utilizing its fixed assets to generate revenue during this period. Subsequently, the ratio experienced a notable decline starting in March 2022, dropping to 12.57 and further decreasing to 11.15 by September 2022. This decline suggests a reduction in asset efficiency, potentially due to increased asset base without proportionate revenue growth or other operational factors impacting asset utilization.
Following this low point in September 2022, the ratio showed signs of recovery, rising to 12.29 by December 2022 and further increasing to 13.29 by March 2023. This rebound could reflect improved asset utilization or operational efficiencies gained during this period. Throughout the subsequent quarters, the ratio stabilized around the 13.16 to 13.56 range, indicating a period of relative consistency in asset efficiency.
There is no available data for the ratios beyond March 2024, which limits insight into recent or future trends. Overall, the fixed asset turnover ratio has experienced periods of stability, decline, and partial recovery, reflecting evolving operational efficiencies and asset management practices within the company over the analyzed timeframe.
Peer comparison
Mar 31, 2025