Kimberly-Clark Corporation (KMB)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 20,058,000 | 20,431,000 | 20,175,000 | 19,400,000 | 19,140,000 |
| Property, plant and equipment | US$ in thousands | 7,513,000 | 7,913,000 | 7,885,000 | 8,097,000 | 8,042,000 |
| Fixed asset turnover | 2.67 | 2.58 | 2.56 | 2.40 | 2.38 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $20,058,000K ÷ $7,513,000K
= 2.67
Kimberly-Clark Corporation's fixed asset turnover has shown a consistent upward trend over the past five years, increasing from 2.38 in 2020 to 2.67 in 2024. This indicates that the company is generating more revenue for every dollar invested in fixed assets. The improved efficiency in asset utilization suggests that Kimberly-Clark is effectively managing its fixed assets to drive sales growth. The steady increase in fixed asset turnover reflects the company's ability to optimize its resources and maximize returns on its investment in long-term assets. Overall, the trend in fixed asset turnover for Kimberly-Clark Corporation demonstrates a positive outlook for the company's operational efficiency and financial performance.
Peer comparison
Dec 31, 2024