Matson Inc (MATX)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,421,800 | 3,094,600 | 4,343,000 | 3,925,300 | 2,383,300 |
| Property, plant and equipment | US$ in thousands | — | — | 1,962,500 | 1,878,300 | 1,689,900 |
| Fixed asset turnover | — | — | 2.21 | 2.09 | 1.41 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $3,421,800K ÷ $—K
= —
Matson Inc's fixed asset turnover ratio has exhibited an improving trend over the past few years. The ratio has increased from 1.41 in December 31, 2020, to 2.09 in December 31, 2021, and further to 2.21 by December 31, 2022. This indicates that the company is generating more revenue relative to its investment in fixed assets, reflecting a more efficient utilization of these assets for revenue generation.
However, it is worth noting that the data is not available for December 31, 2023, and December 31, 2024, which limits the full assessment of the company's fixed asset turnover performance in those years. To better understand the company's overall efficiency in utilizing fixed assets, further data for those years would be necessary for a more comprehensive analysis.
Peer comparison
Dec 31, 2024