Group 1 Automotive Inc (GPI)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 19,934,300 | 17,873,700 | 16,222,100 | 13,481,900 | 10,851,800 |
| Property, plant and equipment | US$ in thousands | — | — | 2,377,300 | 2,225,600 | 1,818,100 |
| Fixed asset turnover | — | — | 6.82 | 6.06 | 5.97 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $19,934,300K ÷ $—K
= —
Group 1 Automotive Inc's fixed asset turnover has shown a consistent improvement over the years, increasing from 5.97 in 2020 to 6.06 in 2021, further to 6.82 in 2022. This indicates that the company is generating more revenue relative to its investment in fixed assets, reflecting efficient utilization of its assets to generate sales. However, it is worth noting that there is missing data for 2023 and 2024, which may hinder a comprehensive trend analysis. Overall, the increasing trend in fixed asset turnover is a positive indication of the company's operational efficiency and effectiveness in utilizing its fixed assets to generate revenue.
Peer comparison
Dec 31, 2024