Floor & Decor Holdings Inc (FND)

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 4,455,780 4,396,480 4,386,360 4,389,120 4,413,880 4,413,830 4,403,840 4,357,790 4,264,470 4,130,735 3,909,468 3,679,726 3,433,533 3,242,850 3,051,144 2,653,388 2,425,788 2,229,138 2,065,384 2,123,343
Total assets US$ in thousands 5,050,480 4,932,230 4,818,060 4,658,660 4,662,550 4,638,080 4,475,470 4,335,190 4,351,240 4,244,670 4,199,380 3,893,390 3,730,700 3,628,110 3,364,300 2,964,720 2,880,420 2,714,400 2,528,730 2,633,880
Total asset turnover 0.88 0.89 0.91 0.94 0.95 0.95 0.98 1.01 0.98 0.97 0.93 0.95 0.92 0.89 0.91 0.89 0.84 0.82 0.82 0.81

December 31, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $4,455,780K ÷ $5,050,480K
= 0.88

Floor & Decor Holdings Inc's total asset turnover has shown a slightly increasing trend over the past few years, ranging from 0.81 in March 2020 to 0.88 in December 2024. The company's ability to generate sales from its total assets has improved gradually, peaking at 1.01 in March 2023 before slightly declining. Overall, the increasing trend in total asset turnover indicates that Floor & Decor Holdings Inc has been utilizing its assets more effectively to generate revenue. This improvement suggests that the company has been managing its assets efficiently to drive sales growth and achieve higher turnover rates.


Peer comparison

Dec 31, 2024

Company name
Symbol
Total asset turnover
Floor & Decor Holdings Inc
FND
0.88
Builders FirstSource Inc
BLDR
1.55
Home Depot Inc
HD
1.66
Lowe's Companies Inc
LOW
1.94