Lumentum Holdings Inc (LITE)
Fixed asset turnover
| Jun 30, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 1,645,000 | 1,472,600 | 1,413,900 | 1,378,500 | 1,359,200 | 1,421,700 | 1,438,600 | 1,577,800 | 1,767,000 | 1,818,300 | 1,830,300 | 1,771,000 | 1,712,600 | 1,682,600 | 1,706,700 | 1,738,800 | 1,742,800 | 1,718,800 | 1,702,100 | 1,681,100 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | — | — | — | — | 572,600 | 567,400 | 434,100 | 430,700 | 434,700 | 428,400 | 428,500 | 448,300 | 457,600 | 468,100 |
| Fixed asset turnover | — | — | — | — | — | — | — | — | — | — | 3.20 | 3.12 | 3.95 | 3.91 | 3.93 | 4.06 | 4.07 | 3.83 | 3.72 | 3.59 |
June 30, 2025 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $1,645,000K ÷ $—K
= —
The fixed asset turnover ratio for Lumentum Holdings Inc. demonstrates a consistent upward trend from September 30, 2020, through June 30, 2022. Specifically, the ratio increased from 3.59 in September 2020 to a peak of 4.07 in June 2021, indicating improved efficiency in utilizing the company's fixed assets to generate revenue during this period.
Following this peak, the ratio experienced a slight decline to 4.06 as of September 30, 2021, and then remained relatively stable through December 31, 2021 (3.93) and March 31, 2022 (3.91). By June 30, 2022, the ratio saw a marginal increase to 3.95, maintaining a high level of asset utilization efficiency.
However, from September 30, 2022, onward, the ratio significantly decreased to 3.12 by September 30, 2022, suggesting a reduced efficiency in asset utilization, possibly due to operational challenges, asset base expansion without proportional revenue growth, or shifts in product lines or markets. The ratio saw a modest recovery to 3.20 by December 31, 2022, but remained below the mid-2021 peak.
Data beyond December 2022 is unavailable, with all subsequent periods (from March 2023 onward) marked as not disclosed. This gap limits an assessment of recent performance trends, leaving the analysis confined to prior periods. Overall, the ratio's initial rise indicates improved asset productivity during the early years, followed by a notable decline in the latter period, reflecting potential operational or strategic changes affecting asset efficiency.
Peer comparison
Jun 30, 2025