Eagle Materials Inc (EXP)
Total 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 |
| Total assets | US$ in thousands | 3,264,590 | 2,947,020 | 2,781,000 | 2,579,650 | 2,838,680 |
| Total asset turnover | 0.69 | 0.77 | 0.77 | 0.72 | 0.57 |
March 31, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $2,260,510K ÷ $3,264,590K
= 0.69
Eagle Materials Inc's total asset turnover has shown a generally positive trend over the past five years. Total asset turnover increased from 0.57 in March 31, 2021, to 0.77 in both March 31, 2023, and March 31, 2024, indicating the company generated more revenue for each dollar of assets during those years. However, there was a slight decrease in total asset turnover to 0.69 in March 31, 2025. Overall, the company's ability to utilize its assets to generate revenue has improved, although it experienced a slight dip in efficiency in the most recent year.