Match Group Inc (MTCH)
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 | 3,479,373 | 3,485,425 | 3,471,541 | 3,437,027 | 3,364,504 | 3,284,429 | 3,212,375 | 3,177,336 | 3,188,843 | 3,208,760 | 3,201,049 | 3,114,296 | 2,983,277 | 2,828,614 | 2,666,549 | 2,514,239 | 3,075,387 | 3,641,660 | 4,248,760 | 4,879,970 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | 191,125 | 187,295 | 176,136 | 172,192 | 168,761 | 167,676 | 163,256 | 145,652 | 129,916 | 106,957 | 192,808 | 106,006 | 101,647 | 373,561 |
| Fixed asset turnover | — | — | — | — | — | — | 16.81 | 16.96 | 18.10 | 18.63 | 18.97 | 18.57 | 18.27 | 19.42 | 20.53 | 23.51 | 15.95 | 34.35 | 41.80 | 13.06 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $3,479,373K ÷ $—K
= —
Match Group Inc's fixed asset turnover ratio has exhibited fluctuations over the provided period. The ratio was 13.06 as of March 31, 2020, indicating that the company generated $13.06 in revenue for each dollar invested in fixed assets.
The ratio then saw a significant increase to 41.80 by June 30, 2020, suggesting that Match Group was utilizing its fixed assets more efficiently to generate revenue during that period. This exceptional performance was likely due to improved asset utilization or increased revenues relative to fixed asset investments.
Subsequently, the fixed asset turnover ratio remained relatively high, with values above 15 in the subsequent quarters, indicating continued efficient utilization of fixed assets to drive revenue. However, there was a gradual decline in the ratio towards the end of the period, reaching 16.81 as of June 30, 2023.
Notably, there is missing data for the fixed asset turnover ratio from September 30, 2023, onwards, which hinders a complete analysis of recent performance.
Overall, Match Group Inc's fixed asset turnover ratio has shown variability over the specified period, demonstrating fluctuations in how effectively the company utilized its fixed assets to generate revenue. The trend suggests periods of improved efficiency followed by a slight decline, emphasizing the importance of consistent monitoring and management of fixed asset utilization.
Peer comparison
Dec 31, 2024