Exponent Inc (EXPO)
Fixed asset turnover
| 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 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 558,514 | 544,648 | 541,705 | 541,390 | 536,766 | 541,221 | 535,064 | 525,124 | 513,293 | 499,444 | 488,670 | 478,266 | 466,269 | 456,002 | 438,260 | 410,428 | 399,900 | 406,775 | 409,660 | 424,121 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | — | — | — | 83,546 | 80,060 | 77,975 | — | 75,859 | 77,353 | 78,940 | 59,823 | 60,395 | 60,301 | 60,840 |
| Fixed asset turnover | — | — | — | — | — | — | — | — | — | 5.98 | 6.10 | 6.13 | — | 6.01 | 5.67 | 5.20 | 6.68 | 6.74 | 6.79 | 6.97 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $558,514K ÷ $—K
= —
The fixed asset turnover ratio for Exponent Inc has shown a relatively stable trend from March 2020 to June 2022, hovering around the range of 5.20 to 6.97. This indicates that the company is generating between $5.20 to $6.97 in revenue for every dollar invested in fixed assets during this period.
There was a slight decline in the fixed asset turnover ratio from March 2021 to June 2021, suggesting a potential decrease in efficiency in generating revenue from fixed assets. However, the ratio improved in the subsequent quarters, reaching 6.13 by March 2022.
The ratio remained fairly consistent between 5.98 and 6.13 from March 2022 to September 2022, indicating stable utilization of fixed assets to generate revenue. Notably, the data for the latter part of 2022 and subsequent years is not available, as indicated by "—". It would be important to monitor future developments to assess any significant changes in Exponent Inc's efficiency in utilizing its fixed assets to drive revenue.
Peer comparison
Dec 31, 2024