Murphy USA Inc (MUSA)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 20,244,300 | 21,529,400 | 23,446,100 | 17,360,500 | 11,264,300 |
| Property, plant and equipment | US$ in thousands | — | — | 2,908,900 | 2,797,600 | 1,867,600 |
| Fixed asset turnover | — | — | 8.06 | 6.21 | 6.03 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $20,244,300K ÷ $—K
= —
Murphy USA Inc's fixed asset turnover has shown a consistent improvement over the years, increasing from 6.03 in December 31, 2020 to 6.21 in December 31, 2021, and further to 8.06 in December 31, 2022. This indicates that the company is generating more revenue from its fixed assets relative to the previous years. However, the data for December 31, 2023, and December 31, 2024, is not available. This trend suggests that Murphy USA Inc has been able to efficiently utilize its fixed assets to generate sales, thereby potentially improving operational efficiency and profitability. It would be important to monitor future data to assess if the company can sustain or further improve its fixed asset turnover ratio.
Peer comparison
Dec 31, 2024