Stanley Black & Decker Inc (SWK)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 15,365,700 | 15,781,100 | 16,947,400 | 15,617,200 | 14,534,600 |
| Property, plant and equipment | US$ in thousands | — | — | 2,353,100 | 2,347,100 | 2,053,800 |
| Fixed asset turnover | — | — | 7.20 | 6.65 | 7.08 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $15,365,700K ÷ $—K
= —
The fixed asset turnover ratio for Stanley Black & Decker Inc has shown some fluctuations over the years.
- In December 31, 2020, the fixed asset turnover was 7.08, indicating that the company generated $7.08 in revenue for every dollar invested in fixed assets.
- By December 31, 2021, the ratio decreased slightly to 6.65, suggesting that the company's efficiency in generating revenue from fixed assets dipped.
- However, the ratio showed improvement by December 31, 2022, increasing to 7.20, which indicates that the company was able to generate more revenue from its fixed assets compared to the previous year.
- Notably, there are no available data for December 31, 2023 and December 31, 2024.
Overall, the trend in the fixed asset turnover ratio for Stanley Black & Decker Inc shows some variability, with improvements observed in certain years. Efficient utilization of fixed assets is crucial for the company's profitability and operational performance, and it will be important to monitor this ratio in the future to assess the company's ability to generate revenue from its investments in fixed assets.
Peer comparison
Dec 31, 2024