Louisiana-Pacific Corporation (LPX)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,941,000 | 2,581,000 | 3,854,000 | 3,915,000 | 2,399,000 |
| Total assets | US$ in thousands | 2,569,000 | 2,437,000 | 2,350,000 | 2,194,000 | 2,086,000 |
| Total asset turnover | 1.14 | 1.06 | 1.64 | 1.78 | 1.15 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $2,941,000K ÷ $2,569,000K
= 1.14
Louisiana-Pacific Corporation's total asset turnover has fluctuated over the past five years. In December 2020, the company had a total asset turnover of 1.15, indicating that it generated $1.15 in revenue for every dollar of assets. This ratio increased significantly to 1.78 by December 2021, suggesting more efficient utilization of assets to generate revenue.
However, the total asset turnover decreased to 1.64 by December 2022, possibly indicating a slight decrease in revenue generated per dollar of assets. In December 2023, the ratio dropped to 1.06, which suggests a significant decline in asset efficiency and revenue generation.
By December 2024, the total asset turnover slightly recovered to 1.14, although it remains below the levels seen in 2021 and 2022. Overall, the company's total asset turnover has shown both improvements and setbacks, reflecting fluctuations in asset utilization efficiency and revenue generation over the years.
Peer comparison
Dec 31, 2024