Gen Digital Inc. (GEN)

Fixed asset turnover

Mar 31, 2025 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
Revenue (ttm) US$ in thousands 3,935,000 3,892,000 3,857,000 3,831,000 3,812,000 3,792,000 3,777,000 3,577,000 3,338,000 3,107,000 2,873,000 2,817,000 2,796,000 2,752,000 2,689,000 2,623,000 2,551,000 2,493,000 2,472,000 2,454,000
Property, plant and equipment US$ in thousands 73,000 76,000 104,000 108,000 126,000 134,000 143,000
Fixed asset turnover 49.00 43.92 29.88 26.60 22.36 20.87 19.24

March 31, 2025 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $3,935,000K ÷ $—K
= —

The fixed asset turnover ratio of Gen Digital Inc. has shown a positive trend over the past reporting periods. The ratio was not available for analysis until December 31, 2021, where it was 19.24, indicating that the company generated $19.24 in revenue for every dollar invested in fixed assets.

Subsequently, the ratio experienced steady growth, reaching its peak at 49.00 on June 30, 2023. This significant increase suggests that Gen Digital Inc. has been effectively utilizing its fixed assets to generate sales revenue.

However, the ratio was not available for analysis in the later reporting periods, which may indicate changes in the company's operations or reporting practices. Overall, the increasing trend in fixed asset turnover reflects the company's efficiency in generating revenue from its investment in fixed assets during the analyzed periods.