Palantir Technologies Inc. Class A Common Stock (PLTR)

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	2,865,507	2,646,338	2,478,981	2,334,164	2,225,012	2,125,286	2,045,007	1,984,700	1,905,871	1,830,114	1,744,380	1,647,012	1,541,889	1,431,113	1,328,333	1,204,580	1,092,673	999,940	901,115	825,546
Property, plant and equipment	US$ in thousands	—	—	—	—	—	240,324	54,097	63,115	69,170	57,822	259,054	41,866	248,202	28,778	234,067	240,709	246,616	29,369	29,387	—
Fixed asset turnover		—	—	—	—	—	8.84	37.80	31.45	27.55	31.65	6.73	39.34	6.21	49.73	5.68	5.00	4.43	34.05	30.66	—

December 31, 2024 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $2,865,507K ÷ $—K
= —

Palantir Technologies Inc. Class A Common Stock's fixed asset turnover ratio has shown significant fluctuations over the period from June 30, 2020, to September 30, 2024. The ratio started at a high of 30.66 in June 2020, indicating that the company generated $30.66 in revenue for every dollar invested in fixed assets during that period.

The ratio experienced a notable decrease by December 2020, dropping to 4.43, suggesting a lower efficiency in generating revenue from fixed assets. This trend continued into March 2021 but showed signs of improvement by June 2021, reaching 5.68.

The ratio spiked to 49.73 in September 2021, reflecting a significant increase in revenue generated from fixed assets. However, this surge was followed by fluctuations in subsequent periods, with the ratio ranging between 6.21 and 39.34 up to March 2024.

Overall, the fixed asset turnover ratio for Palantir Technologies Inc. Class A Common Stock exhibited variability over the analyzed period, indicating fluctuations in the company's effectiveness in utilizing fixed assets to generate revenue. It is important to consider the company's business operations and asset management strategies when interpreting these fluctuations in the fixed asset turnover ratio.