ESAB Corp (ESAB)
Fixed asset turnover
| Dec 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|
| Revenue | US$ in thousands | 2,774,770 | 2,593,480 |
| Property, plant and equipment | US$ in thousands | 294,305 | 284,226 |
| Fixed asset turnover | 9.43 | 9.12 |
December 31, 2023 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $2,774,770K ÷ $294,305K
= 9.43
Peer comparison
Dec 31, 2023