TechnipFMC PLC (FTI)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 9,103,400 | 7,827,100 | 6,700,400 | 6,403,500 | 6,530,600 |
| Property, plant and equipment | US$ in thousands | 2,954,000 | 3,102,100 | 3,208,400 | 2,597,200 | 2,861,800 |
| Fixed asset turnover | 3.08 | 2.52 | 2.09 | 2.47 | 2.28 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $9,103,400K ÷ $2,954,000K
= 3.08