GE Vernova LLC (GEV)
Fixed asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | ||
|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 34,951,000 | 34,416,000 | 33,748,000 | 33,674,000 | 33,239,000 |
| Property, plant and equipment | US$ in thousands | — | 4,508,000 | 4,519,000 | 4,553,000 | — |
| Fixed asset turnover | — | 7.63 | 7.47 | 7.40 | — |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $34,951,000K ÷ $—K
= —
The fixed asset turnover ratio measures a company's efficiency in generating sales revenue from its investment in fixed assets. For GE Vernova LLC, the fixed asset turnover ratio shows an increasing trend over the periods reported. In March 2024, the ratio was at 7.40, indicating that the company generated $7.40 in sales for every $1 invested in fixed assets. This ratio improved to 7.47 in June 2024 and further increased to 7.63 by September 2024.
However, the ratio data is not available for December 2023 and December 2024, which limits a full year-over-year comparison. Nevertheless, the trend of increasing fixed asset turnover suggests that GE Vernova LLC is effectively utilizing its fixed assets to drive sales, which is a positive indicator of operational efficiency and potential profitability. Further analysis over a longer time period would provide a more comprehensive view of the company's performance in this area.
Peer comparison
Dec 31, 2024