Fluor Corporation (FLR)
Total 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 | 16,315,000 | 15,875,000 | 15,744,000 | 15,456,000 | 15,474,000 | 15,364,000 | 15,013,000 | 14,373,000 | 13,743,000 | 13,189,860 | 12,680,940 | 12,618,350 | 12,434,880 | 12,933,740 | 13,949,220 | 14,438,630 | 15,618,660 | 15,688,760 | 15,507,910 | 15,876,470 |
| Total assets | US$ in thousands | 9,143,000 | 7,100,000 | 6,811,000 | 6,700,000 | 6,973,000 | 7,163,000 | 6,756,000 | 6,630,000 | 6,827,000 | 6,870,000 | 6,525,000 | 6,492,000 | 7,279,560 | 7,258,080 | 7,856,480 | 7,020,920 | 7,309,810 | 7,292,470 | 7,966,660 | 7,292,470 |
| Total asset turnover | 1.78 | 2.24 | 2.31 | 2.31 | 2.22 | 2.14 | 2.22 | 2.17 | 2.01 | 1.92 | 1.94 | 1.94 | 1.71 | 1.78 | 1.78 | 2.06 | 2.14 | 2.15 | 1.95 | 2.18 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $16,315,000K ÷ $9,143,000K
= 1.78
The total asset turnover ratio of Fluor Corporation has fluctuated over the years, ranging from a low of 1.71 to a high of 2.31. This ratio measures the company's ability to generate sales from its assets, with a higher ratio indicating more efficient asset utilization.
From March 31, 2020, to June 30, 2021, the total asset turnover showed a general decline, possibly suggesting a decrease in sales generated per dollar of assets during this period. However, there was a slight rebound in the ratio from March 31, 2022, to June 30, 2024, indicating improved efficiency in generating sales from assets.
Overall, the trend in total asset turnover for Fluor Corporation suggests some variability but generally reflects a reasonable level of asset efficiency in converting assets into sales over the analyzed period.
Peer comparison
Dec 31, 2024