Hyatt Hotels Corporation (H)
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 | 7,870,000 | 7,896,000 | 7,352,000 | 6,973,000 | 6,541,000 | 6,486,000 | 6,389,000 | 6,403,000 | 5,995,000 | 5,478,000 | 5,094,000 | 4,132,000 | 3,290,000 | 2,602,000 | 1,848,000 | 1,337,000 | 1,924,000 | 2,838,000 | 4,048,000 | 5,110,000 |
| Property, plant and equipment | US$ in thousands | 1,689,000 | 1,634,000 | 2,089,000 | 2,258,000 | 2,340,000 | 2,373,000 | 2,384,000 | 2,371,000 | 2,384,000 | 2,361,000 | 2,286,000 | 2,525,000 | 2,848,000 | 2,876,000 | 3,121,000 | 3,159,000 | 3,126,000 | 3,178,000 | 3,237,000 | 3,294,000 |
| Fixed asset turnover | 4.66 | 4.83 | 3.52 | 3.09 | 2.80 | 2.73 | 2.68 | 2.70 | 2.51 | 2.32 | 2.23 | 1.64 | 1.16 | 0.90 | 0.59 | 0.42 | 0.62 | 0.89 | 1.25 | 1.55 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $7,870,000K ÷ $1,689,000K
= 4.66
The fixed asset turnover ratio for Hyatt Hotels Corporation has shown a fluctuating trend over the past few years, based on the data provided. The ratio stood at 1.55 as of March 31, 2020, indicating that the company generated $1.55 in sales for every dollar invested in fixed assets at that time.
Subsequently, the ratio experienced a decline, reaching its lowest point of 0.42 on March 31, 2021. This suggests a decrease in the efficiency of utilizing fixed assets to generate sales during that period.
However, from March 31, 2022 onwards, the fixed asset turnover ratio began to improve steadily. The ratio increased to 3.09 by March 31, 2024, indicating a significant enhancement in the company's ability to generate sales from its fixed assets.
Overall, the fluctuating trend in the fixed asset turnover ratio of Hyatt Hotels Corporation highlights variations in the efficiency with which the company has been utilizing its fixed assets to drive sales over the specified period.
Peer comparison
Dec 31, 2024