Kratos Defense & Security Solutions (KTOS)
Fixed asset turnover
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 1,161,700 | 1,136,300 | 1,127,000 | 1,125,700 | 1,082,500 | 1,037,100 | 1,012,600 | 966,600 | 933,900 | 898,300 | 860,600 | 832,600 | 813,500 | 811,500 | 806,300 | 807,700 | 773,000 | 747,700 | 726,400 | 708,500 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | — | 266,800 | 260,200 | 260,500 | 259,600 | 250,300 | 213,100 | 206,800 | 197,600 | 185,600 | 187,700 | 186,700 | 176,200 | 160,300 |
| Fixed asset turnover | — | — | — | — | — | — | — | 3.62 | 3.59 | 3.45 | 3.32 | 3.33 | 3.82 | 3.92 | 4.08 | 4.35 | 4.12 | 4.00 | 4.12 | 4.42 |
March 31, 2025 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $1,161,700K ÷ $—K
= —
The fixed asset turnover ratio for Kratos Defense & Security Solutions exhibited notable fluctuations over the period from mid-2020 to early 2023. Initially, the ratio stood at 4.42 as of June 30, 2020, indicating a relatively efficient utilization of fixed assets to generate sales. Throughout the subsequent quarters, the ratio demonstrated a gradual decline, reaching a low of 3.32 by September 30, 2022, which may suggest a decrease in sales efficiency relative to the company’s fixed assets.
In the latter part of 2022 and into early 2023, the ratio showed signs of stabilization, rising modestly to 3.45 at December 31, 2022, and further to 3.59 by March 31, 2023. This incremental increase could imply improvements in operational efficiency or better asset utilization relative to sales. By June 30, 2023, the ratio slightly increased again to 3.62, continuing the trend of marginal recovery.
Overall, the trend indicates a decline from the early high point, possibly reflecting challenges in asset productivity, but with some degree of stabilization or slight improvement toward the end of the observed period. Data beyond March 2023 do not reflect further values, suggesting a pause or absence of reported updates for subsequent periods.
Peer comparison
Mar 31, 2025