Frontdoor Inc (FTDR)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,843,000 | 1,780,000 | 1,662,000 | 1,602,000 | 1,474,000 |
| Property, plant and equipment | US$ in thousands | — | — | 66,000 | 66,000 | 60,000 |
| Fixed asset turnover | — | — | 25.18 | 24.27 | 24.57 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $1,843,000K ÷ $—K
= —
Frontdoor Inc's fixed asset turnover ratio has been relatively stable over the past few years. The ratio was 24.57 in December 2020, slightly decreasing to 24.27 in December 2021, and then increasing to 25.18 in December 2022. However, there is missing data for December 2023 and December 2024.
This ratio indicates how efficiently Frontdoor Inc is generating revenue from its investment in fixed assets. A higher fixed asset turnover ratio suggests that the company is utilizing its fixed assets more effectively to generate sales.
In Frontdoor Inc's case, the consistently high fixed asset turnover ratios indicate that the company is efficiently using its fixed assets to generate revenue. However, we would need more recent data to assess any significant trends or changes in their asset utilization efficiency.
Peer comparison
Dec 31, 2024