Rollins Inc (ROL)
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 | 3,380,983 | 3,310,092 | 3,228,702 | 3,152,747 | 3,069,673 | 2,969,441 | 2,863,419 | 2,760,623 | 2,693,185 | 2,599,388 | 2,520,954 | 2,445,989 | 2,391,431 | 2,360,474 | 2,293,748 | 2,208,873 | 2,161,220 | 2,130,913 | 2,103,681 | 2,074,309 |
| Property, plant and equipment | US$ in thousands | 124,839 | 129,168 | 129,115 | 127,116 | 126,661 | 124,381 | 123,470 | 124,117 | 128,046 | 130,362 | 130,424 | 132,680 | 133,257 | 131,549 | 134,911 | 143,899 | 178,052 | 186,825 | 191,141 | 194,854 |
| Fixed asset turnover | 27.08 | 25.63 | 25.01 | 24.80 | 24.24 | 23.87 | 23.19 | 22.24 | 21.03 | 19.94 | 19.33 | 18.44 | 17.95 | 17.94 | 17.00 | 15.35 | 12.14 | 11.41 | 11.01 | 10.65 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $3,380,983K ÷ $124,839K
= 27.08
The fixed asset turnover ratio of Rollins Inc has been steadily increasing over the periods provided, indicating the company's efficiency in generating sales revenue from its investment in fixed assets. The trend shows a consistent improvement from 10.65 as of March 31, 2020, to 27.08 as of December 31, 2024. This signifies that Rollins Inc has been utilizing its fixed assets more effectively to drive sales growth. A higher fixed asset turnover ratio implies that the company is operating more efficiently and effectively utilizing its assets to generate revenue. Overall, the increasing trend in fixed asset turnover reflects positively on Rollins Inc's operational efficiency and financial performance.
Peer comparison
Dec 31, 2024