Ethan Allen Interiors Inc (ETD)

Fixed asset turnover

Jun 30, 2025 Mar 31, 2025 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
Revenue (ttm) US$ in thousands 614,649 622,924 626,650 636,666 646,221 664,964 704,859 740,744 791,382 833,690 845,033 849,965 817,762 766,402 745,705 716,438 685,169 598,414 571,226 566,974
Property, plant and equipment US$ in thousands 319,391 323,182 325,852 338,836 338,028 341,155 326,940 321,279 324,312 325,544 325,107 329,975 340,176 347,914 342,895 342,567
Fixed asset turnover 1.95 1.94 1.95 2.19 2.34 2.44 2.58 2.65 2.52 2.35 2.29 2.17 2.01 1.72 1.67 1.66

June 30, 2025 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $614,649K ÷ $—K
= —

The fixed asset turnover ratio for Ethan Allen Interiors Inc. demonstrates a general upward trend from September 30, 2020, through September 30, 2022. Specifically, the ratio increased from 1.66 in September 2020 to a peak of approximately 2.65 in September 2022, indicating enhanced utilization of fixed assets to generate sales during this period. This growth suggests improved operational efficiency or strategic optimizations in asset deployment.

Following the peak in September 2022, the ratio experienced a slight decline, decreasing to 2.58 by December 2022 and further declining to 2.44 in March 2023. This decline may reflect some level of asset underutilization or increased asset base not yet fully translated into sales.

From June 2023 onward, the ratio continued to decline, reaching 2.19 in September 2023. The data for December 2023 and March 2024 are unavailable; however, subsequent figures show a slight recovery, with the ratio rising to 1.95 in September 2024 and maintaining similar levels into December 2024 and March 2025. Despite this recovery, the ratio remains below the peak levels observed in late 2022.

Overall, the pattern indicates a period of efficiency improvement culminating around late 2022, followed by a modest decline and partial rebound in the following years. The fluctuating ratios may correspond to changes in asset investments, sales growth, or operational strategies over this timeframe.


Peer comparison

Jun 30, 2025

Company name
Symbol
Fixed asset turnover
Ethan Allen Interiors Inc
ETD
MasterBrand Inc.
MBC
5.61