Lumentum Holdings Inc (LITE)
Fixed asset turnover
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,645,000 | 1,359,200 | 1,767,000 | 1,712,600 | 1,742,800 |
| Property, plant and equipment | US$ in thousands | — | — | 566,800 | 434,100 | 428,500 |
| Fixed asset turnover | — | — | 3.12 | 3.95 | 4.07 |
June 30, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $1,645,000K ÷ $—K
= —
The fixed asset turnover ratio for Lumentum Holdings Inc. demonstrates a declining trend over the recent fiscal years. As of June 30, 2021, the ratio was 4.07, indicating that the company generated approximately $4.07 in sales for every dollar invested in fixed assets. By June 30, 2022, this ratio slightly decreased to 3.95, suggesting a slight decline in the efficiency with which fixed assets are used to generate sales. The downward trend continued into the fiscal year ending June 30, 2023, with the ratio settling at 3.12, reflecting a more notable reduction in asset utilization efficiency. The data for subsequent periods (June 30, 2024, and June 30, 2025) are not available for analysis. Overall, the observed decline indicates decreasing operational efficiency concerning the company's fixed asset base over the analyzed periods.
Peer comparison
Jun 30, 2025