Eagle Materials Inc (EXP)
Fixed asset turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,260,510 | 2,259,300 | 2,148,070 | 1,861,520 | 1,622,640 |
| Property, plant and equipment | US$ in thousands | — | — | 1,662,060 | 1,640,400 | 1,659,100 |
| Fixed asset turnover | — | — | 1.29 | 1.13 | 0.98 |
March 31, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $2,260,510K ÷ $—K
= —
Fixed asset turnover is a financial ratio that measures a company's efficiency in generating sales revenue from its investment in fixed assets. It is calculated by dividing net sales by average fixed assets.
Looking at the data provided for Eagle Materials Inc, we observe a positive trend in the fixed asset turnover ratio over the years. The ratio has increased from 0.98 in March 31, 2021, to 1.29 in March 31, 2023. This indicates that the company has become more efficient in utilizing its fixed assets to generate sales revenue.
However, it is noteworthy that the data for March 31, 2024, and March 31, 2025, are not available (denoted as "—"). The absence of data for these two periods makes it challenging to assess the company's fixed asset turnover trend accurately for those years.
In conclusion, based on the available data, Eagle Materials Inc has shown an improvement in its fixed asset turnover ratio, suggesting better efficiency in utilizing its fixed assets to generate sales revenue. It would be valuable to monitor future financial statements to assess the consistency of this trend.