MasterBrand Inc. (MBC)
Fixed asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | ||
|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 2,700,400 | 2,709,800 | 2,669,000 | 2,687,600 |
| Property, plant and equipment | US$ in thousands | 481,500 | 456,700 | 343,000 | 353,300 |
| Fixed asset turnover | 5.61 | 5.93 | 7.78 | 7.61 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $2,700,400K ÷ $481,500K
= 5.61
Fixed asset turnover measures how efficiently a company is generating revenue from its investment in fixed assets. For MasterBrand Inc., the fixed asset turnover ratio has fluctuated over the four quarters of 2024. It was 7.61 in March, increased to 7.78 in June, but then decreased to 5.93 in September and further to 5.61 in December.
A higher fixed asset turnover ratio indicates that the company is using its fixed assets more efficiently to generate sales. In MasterBrand Inc.'s case, the slight decline in the ratio towards the end of the year may suggest a decrease in the company's ability to generate sales relative to its investment in fixed assets. It is important for the company to closely monitor and analyze this trend to ensure optimal utilization of its fixed assets for revenue generation in the future.
Peer comparison
Dec 31, 2024