Mativ Holdings Inc. (MATV)
Fixed asset turnover
| 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 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 1,981,100 | 1,974,800 | 1,974,500 | 2,119,000 | 2,297,800 | 2,505,600 | 2,681,500 | 2,439,600 | 2,167,400 | 1,897,700 | 1,607,200 | 1,558,600 | 1,440,000 | 1,329,000 | 1,224,700 | 1,101,100 | 1,074,400 | 1,033,500 | 1,010,600 | 1,026,300 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 720,800 | 874,700 | 872,400 | 874,900 | 843,400 | 426,200 | 450,400 | 463,900 | 467,500 | 476,300 | 324,100 | 339,000 | 327,700 | 325,500 | 324,900 |
| Fixed asset turnover | — | — | — | — | — | 3.48 | 3.07 | 2.80 | 2.48 | 2.25 | 3.77 | 3.46 | 3.10 | 2.84 | 2.57 | 3.40 | 3.17 | 3.15 | 3.10 | 3.16 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $1,981,100K ÷ $—K
= —
The fixed asset turnover ratio of Mativ Holdings Inc. reflects the efficiency with which the company generates revenue from its fixed assets. From the provided data, we observe fluctuations in the fixed asset turnover ratio over the analyzed periods.
The fixed asset turnover ratio ranged from a low of 2.25 in September 30, 2022, to a high of 3.77 in June 30, 2022. This indicates that during the period of June 30, 2022, the company generated $3.77 in revenue for every dollar invested in fixed assets.
It is important to note that the fixed asset turnover ratio seemed to experience some volatility, especially in the latter half of the observed periods. For instance, there was a notable decrease from 3.40 in March 31, 2021, to 2.57 in June 30, 2021, followed by a recovery to 3.46 in March 31, 2022.
Furthermore, as of the most recent available data point, there seems to be an incomplete record as the fixed asset turnover ratio for December 31, 2023, and subsequent dates is not provided. This lack of information makes it challenging to draw conclusions about the company's recent performance.
In conclusion, the fixed asset turnover ratio of Mativ Holdings Inc. has shown variability over time, which may indicate fluctuations in the efficiency of utilizing fixed assets to generate sales revenue. Further analysis over additional periods could offer more insights into the company's long-term operational efficiency and asset utilization.
Peer comparison
Dec 31, 2024