Everus Construction Group Inc (ECG)

Fixed asset turnover

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	US$ in thousands	2,854,390	2,699,250	2,051,640
Property, plant and equipment	US$ in thousands	—	—	—
Fixed asset turnover		—	—	—

December 31, 2023 calculation

Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $2,854,390K ÷ $—K
= —

To calculate the fixed asset turnover for Everus Construction Group Inc, we need to use the formula:

Fixed Asset Turnover = Net Sales / Average Fixed Assets

Given that specific data points for net sales and fixed assets are not provided in the table, we are unable to calculate the exact fixed asset turnover for the years ending on December 31, 2023, 2022, and 2021 based on the information available.

However, fixed asset turnover is a key ratio that measures a company's ability to generate sales from its investments in fixed assets such as property, plant, and equipment. A higher fixed asset turnover ratio generally indicates that the company is using its fixed assets efficiently to generate revenue.

Without the specific figures for net sales and fixed assets, a complete analysis of Everus Construction Group Inc's fixed asset turnover performance over the three years cannot be conducted. It is crucial to have access to detailed financial statements to accurately evaluate this metric and assess the company's operational efficiency in utilizing its fixed assets to drive sales.