TechTarget, Inc. Common Stock (TTGT)

Fixed asset turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Revenue US$ in thousands 229,963 297,488 263,427 148,376
Property, plant and equipment US$ in thousands 42,546 42,059 39,692
Fixed asset turnover 6.99 6.26 3.74

December 31, 2024 calculation

Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $—K ÷ $—K
= —

TechTarget, Inc. Common Stock has shown a positive trend in its fixed asset turnover ratio over the years. The ratio has increased from 3.74 in December 31, 2020, to 6.99 in December 31, 2022. This indicates that the company generated $6.99 in revenue for each dollar invested in fixed assets in 2022, highlighting an efficient utilization of its fixed assets to generate sales. However, the data is incomplete for 2023 and 2024, so it is unclear how the ratio evolved in those years. Overall, the increasing trend in fixed asset turnover suggests an improvement in the company's operational efficiency and asset utilization over the years analyzed.


Peer comparison

Dec 31, 2024

Company name
Symbol
Fixed asset turnover
TechTarget, Inc. Common Stock
TTGT
Ziff Davis Inc
ZD
7.13