Rogers Corporation (ROG)

Fixed asset turnover

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	US$ in thousands	830,100	908,400	971,171	932,886	802,583
Property, plant and equipment	US$ in thousands	—	—	358,415	326,967	272,378
Fixed asset turnover		—	—	2.71	2.85	2.95

December 31, 2024 calculation

Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $830,100K ÷ $—K
= —

The fixed asset turnover ratio for Rogers Corporation has shown a declining trend over the past few years. As of December 31, 2020, the ratio was 2.95, indicating that the company generated $2.95 in net sales for every dollar invested in fixed assets. Subsequently, the ratio decreased to 2.85 by the end of 2021 and further declined to 2.71 by the end of 2022.

However, it's worth noting that there is missing data for the years 2023 and 2024, denoted by "—". This absence of data prevents a complete assessment of the trend beyond 2022.

The decreasing trend in the fixed asset turnover ratio suggests that the company may be becoming less efficient in generating sales from its fixed assets over time. Further analysis and additional information would be required to understand the underlying reasons for this trend and to assess its potential impact on the company's overall operational efficiency and profitability.