O’Reilly Automotive Inc (ORLY)

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	16,708,480	16,444,900	16,283,840	16,080,630	15,812,250	15,624,720	15,219,960	14,821,710	14,409,860	14,056,860	13,737,810	13,532,670	13,327,560	12,864,840	12,592,910	12,218,910	11,604,500	11,258,710	10,717,600	10,215,870
Property, plant and equipment	US$ in thousands	—	—	—	—	—	—	4,702,200	4,559,060	6,536,310	6,453,400	6,248,350	6,212,640	6,195,990	6,212,800	6,192,480	4,112,900	4,094,920	4,072,900	4,038,480	4,008,640
Fixed asset turnover		—	—	—	—	—	—	3.24	3.25	2.20	2.18	2.20	2.18	2.15	2.07	2.03	2.97	2.83	2.76	2.65	2.55

December 31, 2024 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $16,708,480K ÷ $—K
= —

The fixed asset turnover ratio of O’Reilly Automotive Inc has shown a generally increasing trend over the reporting periods, indicating improved efficiency in generating revenue from its fixed assets. From March 31, 2020, to June 30, 2022, the ratio gradually increased from 2.55 to 2.20. However, there was a significant spike in the ratio to 3.25 as of March 31, 2023, suggesting a substantial increase in revenue generated relative to fixed assets.

The ratio remained high at 3.24 as of June 30, 2023. Notably, no data is available for the following periods from September 30, 2023, onward. This could be due to various reasons such as a change in reporting practices or data unavailability.

The uptrend in the fixed asset turnover ratio indicates that O’Reilly Automotive Inc has been effectively utilizing its fixed assets to generate sales revenue. It signals strong asset management and operational efficiency, which is a positive indicator of the company's financial health and performance in the industry.