Juniper Networks Inc (JNPR)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 5,073,600 | 5,564,500 | 5,301,200 | 4,735,400 | 4,445,100 |
| Property, plant and equipment | US$ in thousands | — | — | 666,800 | 864,300 | 762,300 |
| Fixed asset turnover | — | — | 7.95 | 5.48 | 5.83 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $5,073,600K ÷ $—K
= —
The fixed asset turnover ratio for Juniper Networks Inc has shown a generally positive trend over the years. In 2020, the company had a fixed asset turnover of 5.83, indicating that it generated $5.83 in revenue for every dollar invested in fixed assets. In 2021, this ratio slightly decreased to 5.48, but still remained relatively high.
However, the ratio significantly improved in 2022, reaching a value of 7.95, suggesting that the company was able to generate more revenue per dollar of fixed assets than in previous years. Unfortunately, the data is missing for 2023 and 2024, making it difficult to assess the trend in those years.
Overall, the upward trend in the fixed asset turnover ratio from 2020 to 2022 is a positive indication of Juniper Networks Inc's efficiency in utilizing its fixed assets to generate revenue. It will be important to monitor future data to see if this trend is sustained and to understand any potential factors that may have influenced the changes in the ratio.
Peer comparison
Dec 31, 2024