Peabody Energy Corp (BTU)
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 | 4,158,500 | 4,270,400 | 4,261,300 | 4,498,200 | 4,946,700 | 5,337,800 | 5,601,400 | 5,654,500 | 4,981,900 | 4,620,400 | 3,956,900 | 3,358,400 | 3,318,300 | 2,790,900 | 2,782,900 | 2,686,200 | 2,881,100 | 3,261,300 | 3,696,700 | 4,219,000 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 2,841,500 | 2,846,700 | 2,870,600 | 2,891,900 | 2,846,600 | 2,892,900 | 2,936,300 | 2,986,100 | 2,990,400 | 3,050,700 | 3,072,200 | 3,101,000 | 3,197,200 | 3,178,400 | 4,607,800 |
| Fixed asset turnover | — | — | — | — | — | 1.88 | 1.97 | 1.97 | 1.72 | 1.62 | 1.37 | 1.14 | 1.11 | 0.93 | 0.91 | 0.87 | 0.93 | 1.02 | 1.16 | 0.92 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $4,158,500K ÷ $—K
= —
The fixed asset turnover ratio measures a company's ability to generate sales revenue from its investment in fixed assets such as property, plant, and equipment. A higher fixed asset turnover ratio indicates more efficient utilization of fixed assets to generate sales.
Peabody Energy Corp's fixed asset turnover has shown fluctuation over the past few years. For the period from March 2020 to June 2022, the ratio increased steadily from 0.92 to 1.37, indicating improving efficiency in generating sales from fixed assets. This could signify better asset utilization, improved operational efficiency, or increased revenue generation.
However, from September 2022 to December 2023, the fixed asset turnover ratio reached its peak at 1.97 before stabilizing around this level. A ratio above 1 generally indicates that the company is generating more in sales than the book value of its fixed assets, reflecting strong asset productivity.
The consistent high fixed asset turnover ratio for Peabody Energy Corp from March 2023 to December 2023 suggests successful ongoing efforts in managing and utilizing fixed assets efficiently to drive sales growth.
The lack of data for the period from December 2023 to December 2024 makes it challenging to assess the most recent trend in the company's fixed asset turnover. Monitoring future ratios will be essential to understand if the company is maintaining its efficiency in utilizing fixed assets to generate revenue over time.
Peer comparison
Dec 31, 2024