Service Corporation International (SCI)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 4,186,380 | 4,099,780 | 4,108,660 | 4,143,140 | 3,511,510 |
| Property, plant and equipment | US$ in thousands | 2,581,070 | 2,480,100 | 2,350,550 | 2,252,160 | 2,133,660 |
| Fixed asset turnover | 1.62 | 1.65 | 1.75 | 1.84 | 1.65 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $4,186,380K ÷ $2,581,070K
= 1.62
Service Corporation International's fixed asset turnover ratio has shown some fluctuation over the years. The ratio increased from 1.65 in December 31, 2020, to 1.84 in December 31, 2021, indicating that the company generated $1.84 in revenue for every dollar invested in fixed assets. However, in December 31, 2023, the ratio dropped back to 1.65, the same level as in 2020.
Overall, while there were fluctuations in the fixed asset turnover ratio year over year, it remained relatively stable, with only slight decreases or increases. This suggests that Service Corporation International has been able to efficiently utilize its fixed assets to generate revenue, although there may be some room for improvement in optimizing the utilization of these assets to enhance overall operational efficiency.
Peer comparison
Dec 31, 2024