Rockwell Automation Inc (ROK)
Fixed asset turnover
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 8,183,200 | 8,700,500 | 8,933,800 | 9,134,800 | 9,203,000 | 8,773,300 | 8,412,100 | 7,887,500 | 7,627,800 | 7,344,400 | 7,240,700 | 7,215,500 | 6,930,800 | 6,691,200 | 6,234,000 | 6,137,000 | 6,252,500 | 6,412,700 | 6,682,400 | 6,660,100 |
| Property, plant and equipment | US$ in thousands | 776,700 | 735,600 | 715,400 | 705,000 | 684,200 | 654,100 | 637,600 | 623,400 | 586,500 | 568,500 | 576,800 | 584,100 | 581,900 | 551,100 | 551,300 | 567,700 | 574,400 | 564,500 | 560,800 | 574,000 |
| Fixed asset turnover | 10.54 | 11.83 | 12.49 | 12.96 | 13.45 | 13.41 | 13.19 | 12.65 | 13.01 | 12.92 | 12.55 | 12.35 | 11.91 | 12.14 | 11.31 | 10.81 | 10.89 | 11.36 | 11.92 | 11.60 |
September 30, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $8,183,200K ÷ $776,700K
= 10.54
The fixed asset turnover ratio of Rockwell Automation Inc has shown a generally positive trend over the past two years, indicating improved efficiency in utilizing fixed assets to generate revenue. The ratio has been consistently above 10, with sustained growth from 2020 to 2021. Although the ratio dipped slightly in the most recent quarter compared to the previous quarter, it remains at a relatively high level, suggesting effective management of fixed assets. Overall, the upward trend in fixed asset turnover is a positive indicator of the company's operational efficiency and profitability.
Peer comparison
Sep 30, 2024