Monro Muffler Brake Inc (MNRO)
Total asset turnover
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Dec 23, 2023 | Sep 30, 2023 | Sep 23, 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 900,342 | 1,210,419 | 1,222,303 | 1,233,522 | 1,262,431 | 1,269,644 | 1,278,959 | 1,277,185 | 1,290,287 | 1,302,815 | 1,325,382 | 1,342,576 | 1,349,164 | 1,367,045 | 1,359,328 | 1,336,783 | 1,279,593 | 1,220,481 | 1,125,722 | 1,106,303 |
| Total assets | US$ in thousands | — | 1,669,930 | 1,681,300 | 1,712,240 | 1,692,810 | 1,733,100 | 1,733,100 | 1,726,770 | 1,726,770 | 1,754,020 | 1,776,880 | 1,799,180 | 1,789,070 | 1,815,730 | 1,871,410 | 1,889,190 | 1,853,360 | 1,891,770 | 1,811,810 | 1,830,680 |
| Total asset turnover | — | 0.72 | 0.73 | 0.72 | 0.75 | 0.73 | 0.74 | 0.74 | 0.75 | 0.74 | 0.75 | 0.75 | 0.75 | 0.75 | 0.73 | 0.71 | 0.69 | 0.65 | 0.62 | 0.60 |
March 31, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $900,342K ÷ $—K
= —
Total asset turnover measures how efficiently a company is using its assets to generate revenue. A higher turnover ratio indicates that the company is generating more revenue per dollar of assets.
Looking at the data provided for Monro Muffler Brake Inc, we observe a steady increase in total asset turnover over the period from December 31, 2020, to March 31, 2025. The total asset turnover ratio started at 0.60 and showed an upward trend, reaching its peak at 0.75 by March 31, 2024.
This increasing trend suggests that Monro Muffler Brake Inc has been improving its efficiency in utilizing its assets to generate sales revenue. However, it is notable that the ratio remained at 0.75 from March 31, 2022, through December 23, 2023 before slightly decreasing to 0.73 by December 31, 2023.
The stability of the total asset turnover ratio in the range of 0.72 to 0.75 indicates that the company has been maintaining a relatively consistent level of asset efficiency in recent quarters. This consistency can be seen as a positive sign of operational stability and effective asset management within Monro Muffler Brake Inc.
Peer comparison
Mar 31, 2025