Rollins Inc (ROL)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,388,710 | 3,069,670 | 2,693,180 | 2,423,470 | 2,161,220 |
| Property, plant and equipment | US$ in thousands | 124,839 | 126,661 | 128,046 | 133,257 | 178,052 |
| Fixed asset turnover | 27.14 | 24.24 | 21.03 | 18.19 | 12.14 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $3,388,710K ÷ $124,839K
= 27.14
Based on the provided data, the fixed asset turnover of Rollins Inc has shown a consistent increasing trend over the past five years. The ratio has steadily improved from 12.14 in December 31, 2020, to 27.14 in December 31, 2024. This indicates that the company has been able to generate more revenue relative to its investment in fixed assets over time, reflecting improved efficiency in asset utilization. A higher fixed asset turnover ratio generally signifies better operational performance and productivity. Rollins Inc's increasing fixed asset turnover suggests that the company has been effectively managing and utilizing its fixed assets to generate sales, which is a positive indicator of operational efficiency and financial health.
Peer comparison
Dec 31, 2024