Equifax Inc (EFX)
Fixed asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 5,681,100 | 5,588,200 | 5,465,500 | 5,352,600 | 5,265,200 | 5,136,600 | 5,061,800 | 5,060,900 | 5,122,100 | 5,177,400 | 5,156,000 | 5,074,100 | 4,923,900 | 4,789,200 | 4,634,600 | 4,382,600 | 4,127,500 | 3,914,800 | 3,722,200 | 3,619,400 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 1,763,600 | 1,722,000 | 1,654,500 | 1,587,000 | 1,487,000 | 1,433,900 | 1,383,300 | 1,315,900 | 1,252,900 | 1,215,600 | 1,174,800 | 1,139,400 | 1,070,600 | 1,017,200 | 962,100 |
| Fixed asset turnover | — | — | — | — | — | 2.91 | 2.94 | 3.06 | 3.23 | 3.48 | 3.60 | 3.67 | 3.74 | 3.82 | 3.81 | 3.73 | 3.62 | 3.66 | 3.66 | 3.76 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $5,681,100K ÷ $—K
= —
Fixed asset turnover is a financial ratio that measures a company's ability to generate net sales from its fixed assets. Equifax Inc's fixed asset turnover has been relatively stable over the past few years, ranging from 3.48 to 3.82. The ratio indicates that Equifax generates between $3.48 and $3.82 in sales for every dollar invested in fixed assets.
The trend of Equifax's fixed asset turnover shows a slight decline from March 31, 2023, where it stood at 3.06, to the latest available data point of 2.91 as of September 30, 2023. This decline may suggest that Equifax is becoming less efficient in utilizing its fixed assets to generate sales during this period.
It is important for Equifax to monitor its fixed asset turnover ratio to ensure that it remains at a healthy level, as a declining ratio may indicate inefficiencies in asset utilization or potential over-investment in fixed assets relative to sales generation. Continued analysis of this ratio will provide valuable insights into Equifax's operational efficiency and asset management strategies.