ESAB Corp (ESAB)

Total asset turnover

Dec 31, 2023 Dec 31, 2022
Revenue US$ in thousands 2,774,770 2,593,480
Total assets US$ in thousands 3,828,630 3,754,020
Total asset turnover 0.72 0.69

December 31, 2023 calculation

Total asset turnover = Revenue ÷ Total assets
= $2,774,770K ÷ $3,828,630K
= 0.72


Peer comparison

Dec 31, 2023

Company name
Symbol
Total asset turnover
ESAB Corp
ESAB
0.72
Nordson Corporation
NDSN
0.49