Koppers Holdings Inc (KOP)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,092,100 | 2,154,200 | 1,980,500 | 1,678,600 | 1,669,100 |
| Total assets | US$ in thousands | 1,890,200 | 1,835,500 | 1,711,400 | 1,661,900 | 1,598,600 |
| Total asset turnover | 1.11 | 1.17 | 1.16 | 1.01 | 1.04 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $2,092,100K ÷ $1,890,200K
= 1.11
The total asset turnover of Koppers Holdings Inc has displayed some fluctuations over the past five years. The ratio indicates the company's efficiency in generating sales revenue relative to its total assets. In 2020, the total asset turnover was 1.04, showing that the company generated $1.04 in sales for every $1 of assets.
However, there was a slight decline in 2021 to 1.01, possibly indicating a decrease in revenue generation efficiency compared to the previous year. This trend reversed in 2022 and 2023, where the total asset turnover increased to 1.16 and 1.17 respectively, suggesting improved efficiency in utilizing assets to generate sales.
The ratio then dipped slightly in 2024 to 1.11, indicating a small decrease in efficiency relative to the previous year. Overall, the total asset turnover of Koppers Holdings Inc has shown variability, with a general trend of improvement in asset utilization efficiency in the later years of the period analyzed.
Peer comparison
Dec 31, 2024