Stanley Black & Decker Inc (SWK)
Total 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 |
| Total assets | US$ in thousands | 21,848,900 | 23,663,800 | 24,963,300 | 28,197,600 | 23,566,300 |
| Total asset turnover | 0.70 | 0.67 | 0.68 | 0.55 | 0.62 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $15,365,700K ÷ $21,848,900K
= 0.70
Total asset turnover indicates how efficiently a company utilizes its assets to generate revenue. In the case of Stanley Black & Decker Inc, the total asset turnover ratio has shown fluctuations over the years.
- In December 31, 2020, the total asset turnover was 0.62, which implies that for every dollar of assets, the company generated $0.62 in revenue.
- By December 31, 2021, the ratio decreased to 0.55, indicating a decrease in asset utilization efficiency.
- However, there was an improvement in the ratio by December 31, 2022, reaching 0.68, suggesting the company used its assets more effectively to generate revenue.
- The trend continued in December 31, 2023, with a slight dip to 0.67, still indicating good asset turnover.
- Finally, by December 31, 2024, the ratio increased further to 0.70, reflecting an improvement in asset utilization efficiency.
Overall, despite some fluctuations, Stanley Black & Decker Inc has generally shown a positive trend in its total asset turnover, showcasing its ability to efficiently generate revenue from its assets over the years.
Peer comparison
Dec 31, 2024