Metallus, Inc (MTUS)

Fixed asset turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Revenue US$ in thousands 1,084,000 1,362,400 1,304,400 1,252,000 830,700
Property, plant and equipment US$ in thousands 486,100 510,200 569,800
Fixed asset turnover 2.68 2.45 1.46

December 31, 2024 calculation

Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $1,084,000K ÷ $—K
= —

The fixed asset turnover ratio for Metallus, Inc has shown a positive trend over the years, increasing from 1.46 in 2020 to 2.45 in 2021 and further to 2.68 in 2022. This indicates that the company is generating more revenue per dollar of fixed assets invested, which is a positive sign of operational efficiency and asset utilization. However, the data is not available for 2023 and 2024, so it is not possible to assess the trend for those years. Overall, the increasing trend in fixed asset turnover for Metallus, Inc suggests effective management of fixed assets to drive revenue growth.