Equifax Inc (EFX)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 5,681,100 | 5,265,200 | 5,122,200 | 4,923,900 | 4,127,500 |
| Property, plant and equipment | US$ in thousands | — | — | 1,587,000 | 1,315,900 | 1,139,400 |
| Fixed asset turnover | — | — | 3.23 | 3.74 | 3.62 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $5,681,100K ÷ $—K
= —
Equifax Inc's fixed asset turnover ratio has shown variations over the years. In 2020, the ratio was 3.62, which increased slightly to 3.74 in 2021, indicating that Equifax generated $3.74 in sales for every $1 invested in fixed assets during that year. However, there was a decline in the ratio to 3.23 in 2022. The data for 2023 and 2024 is missing.
Overall, a higher fixed asset turnover ratio reflects more efficient utilization of fixed assets to generate sales. It suggests that Equifax is effectively managing its fixed assets to generate revenue. However, the decline in the ratio in 2022 may warrant further investigation into factors affecting asset turnover efficiency during that period.