Bruker Corporation (BRKR)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,366,400 | 2,964,500 | 2,530,700 | 2,417,900 | 1,987,500 |
| Total assets | US$ in thousands | 5,806,700 | 4,249,900 | 3,611,800 | 3,650,000 | 3,049,000 |
| Total asset turnover | 0.58 | 0.70 | 0.70 | 0.66 | 0.65 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $3,366,400K ÷ $5,806,700K
= 0.58
The total asset turnover ratio for Bruker Corporation has shown some fluctuations over the years. From 2020 to 2021, there was a slight increase from 0.65 to 0.66, indicating that the company generated slightly more revenue for each dollar of assets. In 2022 and 2023, the ratio improved further to 0.70, suggesting that the company was utilizing its assets more efficiently to generate sales. However, in 2024, there was a decrease to 0.58, which may imply a lower level of revenue generated relative to its total assets compared to the preceding years. Overall, the trend in total asset turnover reflects some variability in how effectively Bruker Corporation is deploying its assets to generate sales.
Peer comparison
Dec 31, 2024