Comcast Corp (CMCSA)

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	122,728,000	122,067,000	120,112,000	120,937,000	121,572,000	120,872,000	120,606,000	120,109,000	121,428,000	121,211,000	121,660,000	120,190,000	116,385,000	113,757,000	108,991,000	104,160,000	103,564,000	104,254,000	105,549,000	108,692,000
Property, plant and equipment	US$ in thousands	62,548,000	61,775,000	60,507,000	59,918,000	59,686,000	58,165,000	56,851,000	56,279,000	55,485,000	53,555,000	53,508,000	53,820,000	54,000,000	52,809,000	52,769,000	52,317,000	51,995,000	50,466,000	48,985,000	48,442,000
Fixed asset turnover		1.96	1.98	1.99	2.02	2.04	2.08	2.12	2.13	2.19	2.26	2.27	2.23	2.16	2.15	2.07	1.99	1.99	2.07	2.15	2.24

December 31, 2024 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $122,728,000K ÷ $62,548,000K
= 1.96

Comcast Corp's fixed asset turnover ratio has experienced fluctuations over the past few years. The ratio decreased from 2.24 in March 2020 to 1.96 in December 2024. This indicates a decline in the efficiency of generating revenue from fixed assets during this period. However, it is important to note that the ratio has shown some variability within this range, with periods of improvement and decline. For example, the ratio increased to 2.27 in June 2022 but then decreased to 1.96 in December 2024. Overall, Comcast Corp should closely monitor its fixed asset turnover ratio to ensure efficient utilization of its fixed assets in generating revenue.