Delta Air Lines Inc (DAL)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 61,604,000 | 57,151,000 | 49,453,000 | 28,301,000 | 16,166,000 |
| Property, plant and equipment | US$ in thousands | 36,770,000 | 34,148,000 | 31,622,000 | 27,153,000 | 25,527,000 |
| Fixed asset turnover | 1.68 | 1.67 | 1.56 | 1.04 | 0.63 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $61,604,000K ÷ $36,770,000K
= 1.68
The fixed asset turnover ratio for Delta Air Lines Inc has shown significant improvement over the past five years, increasing from 0.63 in December 31, 2020, to 1.68 in December 31, 2024. This indicates that Delta Air Lines has been able to generate more revenue from its fixed assets in recent years. The rising trend suggests that the company is effectively utilizing its fixed assets to generate sales, reflecting improved operational efficiency and productivity. This positive trend is a good indication of the company's ability to efficiently generate revenue from its investment in fixed assets.
Peer comparison
Dec 31, 2024