EMCOR Group Inc (EME)
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 | 14,566,120 | 14,235,320 | 13,746,000 | 13,124,720 | 12,582,870 | 12,093,470 | 11,712,230 | 11,374,000 | 11,076,120 | 10,766,490 | 10,461,800 | 10,192,080 | 9,903,580 | 9,544,880 | 9,224,920 | 8,801,270 | 8,797,050 | 8,919,500 | 9,005,530 | 9,315,710 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 476,805 | 162,594 | 160,417 | 157,819 | 419,066 | 426,495 | 151,346 | 152,066 | 422,241 | 405,970 | 157,202 | 158,427 | 155,161 | 158,453 | 157,848 |
| Fixed asset turnover | — | — | — | — | — | 25.36 | 72.03 | 70.90 | 70.18 | 25.69 | 24.53 | 67.34 | 65.13 | 22.61 | 22.72 | 55.99 | 55.53 | 57.49 | 56.83 | 59.02 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $14,566,120K ÷ $—K
= —
The fixed asset turnover ratio measures how efficiently a company is utilizing its fixed assets to generate revenue. A higher fixed asset turnover ratio indicates that the company is generating more revenue per dollar of its fixed assets.
Analyzing EMCOR Group Inc's fixed asset turnover ratio over the past few years, we observe some fluctuations. From March 2020 to June 2021, the fixed asset turnover ratio ranged from 22.61 to 59.02, showing variability in asset utilization efficiency.
However, in the later periods, the fixed asset turnover ratio demonstrated more stability, with values consistently above 55. This indicates that EMCOR Group Inc has been effectively using its fixed assets to generate revenue. Notably, the ratio improved significantly from June 2022 to September 2023, reaching its peak at 72.03 in June 2023.
The absence of data for the latter half of 2024 prevents a comprehensive analysis of the most recent period. However, based on the trend observed until September 2023, EMCOR Group Inc has shown strong efficiency in utilizing its fixed assets to drive revenue growth.
Peer comparison
Dec 31, 2024