Knife River Corporation (KNF)
Fixed asset turnover
Dec 31, 2023 | ||
---|---|---|
Revenue | US$ in thousands | 2,830,350 |
Property, plant and equipment | US$ in thousands | 1,315,050 |
Fixed asset turnover | 2.15 |
December 31, 2023 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $2,830,350K ÷ $1,315,050K
= 2.15
Peer comparison
Dec 31, 2023
Company name
Symbol
Fixed asset turnover
Knife River Corporation
KNF
2.15
Martin Marietta Materials Inc
MLM
1.07
MDU Resources Group Inc
MDU
0.91
Vulcan Materials Company
VMC
1.25