AT&T Inc (T)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 122,336,000 | 122,428,000 | 120,741,000 | 134,038,000 | 143,050,000 |
| Property, plant and equipment | US$ in thousands | 128,871,000 | 128,489,000 | 127,445,000 | 121,649,000 | 121,104,000 |
| Fixed asset turnover | 0.95 | 0.95 | 0.95 | 1.10 | 1.18 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $122,336,000K ÷ $128,871,000K
= 0.95
The fixed asset turnover ratio for AT&T Inc has shown a decline over the years, decreasing from 1.18 in December 31, 2020 to 0.95 in December 31, 2022, December 31, 2023, and December 31, 2024. A fixed asset turnover ratio below 1 suggests that the company's fixed assets are not being utilized as effectively to generate sales. This trend may indicate inefficiencies in asset management or potential underperformance in utilizing fixed assets to generate revenue. Management should closely monitor and evaluate the utilization of fixed assets to improve operational efficiency and profitability.
Peer comparison
Dec 31, 2024