Bloomin Brands Inc (BLMN)
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 | 4,324,990 | 4,547,170 | 4,588,230 | 4,622,050 | 4,671,470 | 4,572,320 | 4,548,250 | 4,520,720 | 4,416,510 | 4,368,540 | 4,323,240 | 4,275,450 | 4,122,383 | 3,887,808 | 3,648,608 | 3,149,697 | 3,170,564 | 3,380,239 | 3,576,123 | 4,019,594 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | — | 2,028,170 | 2,017,220 | 1,990,570 | 1,974,470 | 1,965,640 | 1,972,880 | 2,004,370 | 2,016,670 | 862,844 | 887,687 | 900,883 | 930,032 | 996,091 |
| Fixed asset turnover | — | — | — | — | — | — | — | 2.23 | 2.19 | 2.19 | 2.19 | 2.18 | 2.09 | 1.94 | 1.81 | 3.65 | 3.57 | 3.75 | 3.85 | 4.04 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $4,324,990K ÷ $—K
= —
The fixed asset turnover ratio measures the efficiency of a company in generating sales revenue from its investment in fixed assets. A higher fixed asset turnover ratio indicates that the company is utilizing its fixed assets more effectively to generate sales.
Analyzing the fixed asset turnover of Bloomin Brands Inc over the years, we observe fluctuations in the ratio. From March 31, 2020, to March 31, 2021, the ratio decreases from 4.04 to 3.65, indicating a slight decline in efficiency in generating sales from fixed assets. However, there is a significant drop in the ratio in the subsequent periods, hitting a low of 1.81 on June 30, 2021, and 1.94 on September 30, 2021. This suggests a potential decrease in the efficiency of asset utilization during this period.
From December 31, 2021, to March 31, 2024, the fixed asset turnover ratio shows some improvement, gradually increasing from 2.09 to 2.23. This indicates a better utilization of fixed assets in generating sales during these periods compared to the previous ones.
It is worth noting that the ratio is not available for the periods from June 30, 2023, to December 31, 2024, which might indicate missing data or potential changes in the reporting structure.
Overall, the trend in Bloomin Brands' fixed asset turnover ratio shows some variability over the years, with periods of both decline and improvement. Further analysis would be needed to understand the specific factors driving these changes in asset efficiency.
Peer comparison
Dec 31, 2024