DT Midstream Inc (DTM)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 981,000 | 922,000 | 920,000 | 840,000 | 754,000 |
| Property, plant and equipment | US$ in thousands | — | — | 3,806,000 | 3,490,000 | 3,515,000 |
| Fixed asset turnover | — | — | 0.24 | 0.24 | 0.21 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $981,000K ÷ $—K
= —
The fixed asset turnover ratio for DT Midstream Inc has shown a slight improvement over the years, increasing from 0.21 in 2020 to 0.24 in 2021 and remaining stable at 0.24 in 2022. The ratio measures the company's ability to generate revenue from its investment in fixed assets. The values of "—'' for 2023 and 2024 indicate missing or unavailable data for these periods, requiring further investigation to assess the company's performance in those years. Overall, a higher fixed asset turnover ratio suggests more efficient utilization of fixed assets to generate sales, which could be a positive indicator of operational efficiency and financial health for DT Midstream Inc.
Peer comparison
Dec 31, 2024