EMCOR Group Inc (EME)
Fixed asset turnover
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Revenue | US$ in thousands | 14,566,100 | 12,582,900 | 11,076,100 | 9,903,580 | 8,797,060 |
Property, plant and equipment | US$ in thousands | — | — | 157,819 | 152,066 | 158,427 |
Fixed asset turnover | — | — | 70.18 | 65.13 | 55.53 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $14,566,100K ÷ $—K
= —
EMCOR Group Inc's fixed asset turnover has shown a positive trend over the years, increasing from 55.53 in December 31, 2020 to 65.13 in December 31, 2021 and further to 70.18 in December 31, 2022. This indicates that the company has been effectively utilizing its fixed assets to generate revenue. However, the data for December 31, 2023 and December 31, 2024 is not available. It is essential for EMCOR Group Inc to continue monitoring and improving its fixed asset turnover ratio to ensure optimal efficiency in asset utilization and sustained financial performance.
Peer comparison
Dec 31, 2024
Company name
Symbol
Fixed asset turnover
EMCOR Group Inc
EME
—
Comfort Systems USA Inc
FIX
—
Quanta Services Inc
PWR
—