Schneider National Inc (SNDR)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 5,290,500 | 5,498,900 | 6,604,400 | 5,608,700 | 4,552,800 |
| Property, plant and equipment | US$ in thousands | — | — | 2,280,000 | 2,051,000 | 1,831,900 |
| Fixed asset turnover | — | — | 2.90 | 2.73 | 2.49 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $5,290,500K ÷ $—K
= —
The fixed asset turnover ratio for Schneider National Inc has shown a generally positive trend over the past few years. In December 2020, the fixed asset turnover stood at 2.49, indicating that the company generated $2.49 in revenue for every $1 of fixed assets. This ratio increased to 2.73 by December 2021 and further improved to 2.90 by December 2022. This upward trend suggests that Schneider National Inc has been efficiently utilizing its fixed assets to generate sales revenue.
However, there is missing data for December 2023 and 2024, marked as "—". It is important for the company to provide complete financial information for a thorough analysis. This trend indicates that as of December 2022, the company's efficiency in generating sales from fixed assets has been improving steadily. This could potentially signify effective management of the company's fixed assets to drive revenue growth.
Peer comparison
Dec 31, 2024