Carlisle Companies Incorporated (CSL)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 5,003,600 | 4,586,900 | 6,591,900 | 4,810,300 | 3,969,900 |
| Property, plant and equipment | US$ in thousands | — | — | 822,700 | 759,900 | 774,100 |
| Fixed asset turnover | — | — | 8.01 | 6.33 | 5.13 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $5,003,600K ÷ $—K
= —
The fixed asset turnover ratio measures how effectively a company is utilizing its fixed assets to generate revenue. In the case of Carlisle Companies Incorporated, the fixed asset turnover has shown a positive trend over the past few years.
At the end of December 31, 2020, the fixed asset turnover ratio was 5.13. This indicates that for every dollar of fixed assets, the company generated $5.13 in sales.
By December 31, 2021, the fixed asset turnover ratio had improved to 6.33, demonstrating that the company was able to generate more revenue from its fixed assets.
Continuing this trend, the fixed asset turnover ratio further increased to 8.01 by December 31, 2022, showing a more efficient use of fixed assets to drive sales.
However, there is missing data for December 31, 2023 and December 31, 2024, which makes it difficult to assess the performance for those years.
Overall, the increasing trend in the fixed asset turnover ratio for Carlisle Companies Incorporated suggests that the company is effectively utilizing its fixed assets to generate sales and indicates management's efficiency in asset utilization.
Peer comparison
Dec 31, 2024