Allegheny Technologies Incorporated (ATI)
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 | 4,362,100 | 5,111,700 | 5,917,100 | 5,867,800 | 5,863,000 | 4,951,100 | 4,126,500 | 4,040,000 | 3,836,000 | 3,591,000 | 3,284,700 | 2,941,400 | 2,799,800 | 2,692,700 | 2,565,000 | 2,719,100 | 2,982,100 | 3,342,400 | 3,763,100 | 4,073,200 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 1,626,300 | 1,568,100 | 1,551,800 | 1,549,100 | 1,496,700 | 1,491,300 | 1,502,600 | 1,528,500 | 1,487,600 | 1,486,300 | 1,478,700 | 1,469,200 | 2,466,600 | 2,455,000 | 2,445,500 |
| Fixed asset turnover | — | — | — | — | — | 3.04 | 2.63 | 2.60 | 2.48 | 2.40 | 2.20 | 1.96 | 1.83 | 1.81 | 1.73 | 1.84 | 2.03 | 1.36 | 1.53 | 1.67 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $4,362,100K ÷ $—K
= —
Allegheny Technologies Incorporated's fixed asset turnover ratio has shown a positive trend over the years, indicating improved efficiency in generating sales from its fixed assets. The ratio increased from 1.67 on March 31, 2020, to a peak of 3.04 on September 30, 2023, before reaching a value of "—" from December 31, 2023, onwards.
The increasing trend in fixed asset turnover signifies that Allegheny Technologies has been utilizing its fixed assets more effectively to generate revenue. A higher fixed asset turnover ratio generally indicates that the company is efficient in using its fixed assets to generate sales.
However, the absence of data for the last few periods ("—") makes it challenging to assess the current status of the fixed asset turnover ratio. It would be important to obtain more recent data to assess whether the improving trend has continued or if there have been any changes in the efficiency of utilizing fixed assets for generating sales.