Alphabet Inc Class A (GOOGL)
Fixed 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 | 348,853,000 | 338,527,000 | 326,485,000 | 316,133,000 | 305,445,000 | 294,667,000 | 287,780,000 | 283,140,000 | 281,513,000 | 282,362,000 | 277,870,000 | 270,007,000 | 257,262,000 | 238,240,000 | 219,442,000 | 195,859,000 | 181,704,000 | 171,155,000 | 165,528,000 | 166,276,000 |
| Property, plant and equipment | US$ in thousands | 171,036,000 | 161,270,000 | 151,155,000 | 143,182,000 | 134,345,000 | 125,705,000 | 121,208,000 | 117,560,000 | 112,668,000 | 108,363,000 | 106,223,000 | 104,218,000 | 97,599,000 | 94,631,000 | 91,697,000 | 87,606,000 | 84,749,000 | 81,636,000 | 78,748,000 | — |
| Fixed asset turnover | 2.04 | 2.10 | 2.16 | 2.21 | 2.27 | 2.34 | 2.37 | 2.41 | 2.50 | 2.61 | 2.62 | 2.59 | 2.64 | 2.52 | 2.39 | 2.24 | 2.14 | 2.10 | 2.10 | — |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $348,853,000K ÷ $171,036,000K
= 2.04
The fixed asset turnover ratio of Alphabet Inc Class A has been showing a positive trend over the periods provided in the data. The ratio measures how efficiently the company is utilizing its fixed assets to generate revenue.
From March 31, 2020, where the ratio was not available, the fixed asset turnover ratio started at 2.10 and gradually increased to 2.64 by December 31, 2021. This indicates that for every dollar invested in fixed assets, the company generated $2.64 in revenue by the end of 2021.
After reaching the peak in December 2021, the ratio slightly decreased to 2.41 by March 31, 2023, and continued to decline to 2.04 by the end of December 31, 2024. This indicates a potential slowdown in the efficiency of utilizing fixed assets to generate revenue during these periods.
Overall, the fluctuation in the fixed asset turnover ratio of Alphabet Inc Class A suggests variations in the company's ability to generate revenue efficiently from its fixed assets over the analyzed periods.
Peer comparison
Dec 31, 2024