Crane Company (CR)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,131,200 | 2,086,400 | 3,374,900 | 3,180,000 | 2,936,900 |
| Property, plant and equipment | US$ in thousands | — | — | 248,300 | 325,200 | 329,100 |
| Fixed asset turnover | — | — | 13.59 | 9.78 | 8.92 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $2,131,200K ÷ $—K
= —
The fixed asset turnover ratio for Crane Company has shown a positive trend over the years, increasing from 8.92 in December 31, 2020, to 9.78 in December 31, 2021, and further to 13.59 in December 31, 2022. This indicates that the company is generating more revenue relative to its investment in fixed assets, reflecting efficient asset utilization. However, the lack of data for December 31, 2023, and December 31, 2024, prevents a comprehensive analysis of the ratio's continued performance. It is recommended that Crane Company closely monitor its fixed asset turnover ratio to assess ongoing operational efficiency and capital deployment.
Peer comparison
Dec 31, 2024