Match Group Inc (MTCH)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,479,370 | 3,364,500 | 3,188,840 | 2,983,280 | 2,391,270 |
| Property, plant and equipment | US$ in thousands | — | — | 176,136 | 163,256 | 192,808 |
| Fixed asset turnover | — | — | 18.10 | 18.27 | 12.40 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $3,479,370K ÷ $—K
= —
The fixed asset turnover ratio for Match Group Inc has shown a positive trend over the past few years, increasing from 12.40 in December 31, 2020, to 18.27 in December 31, 2021, and maintaining a relatively high level at 18.10 in December 31, 2022. The exceptionally high fixed asset turnover ratio indicates that the company is effectively generating revenue from its investment in fixed assets. However, data is not available for the subsequent years, December 31, 2023 and 2024. Based on the trend observed, Match Group Inc's efficient utilization of its fixed assets to generate revenue is evident, reflecting a potentially strong operational performance and capital efficiency.
Peer comparison
Dec 31, 2024