Element Solutions Inc (ESI)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,456,900 | 2,333,200 | 2,549,400 | 2,399,800 | 1,853,700 |
| Property, plant and equipment | US$ in thousands | — | — | 277,200 | 278,100 | 240,400 |
| Fixed asset turnover | — | — | 9.20 | 8.63 | 7.71 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $2,456,900K ÷ $—K
= —
The fixed asset turnover ratio for Element Solutions Inc. demonstrates a consistent upward trend over the period from December 31, 2020, to December 31, 2023. Specifically, the ratio increased from 7.71 in 2020 to 8.63 in 2021, and further to 9.20 in 2022. This progression indicates that the company has been improving its efficiency in utilizing its fixed assets to generate sales revenue over this timeframe. The absence of data for December 31, 2023, and 2024, prevents further trend analysis beyond 2022; however, the prior years’ increases suggest a positive trajectory in asset utilization efficiency during this period. Further insights would require additional data for subsequent years, but the existing figures point towards a strengthening in the company’s fixed asset productivity.
Peer comparison
Dec 31, 2024