TechTarget, Inc. Common Stock (TTGT)
Fixed asset turnover
Jun 30, 2025 | Mar 31, 2025 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (ttm) | US$ in thousands | 325,160 | 272,909 | 226,314 | 224,970 | 224,485 | 229,963 | 245,706 | 265,990 | 286,437 | 297,488 | 301,449 | 293,788 | 278,623 | 263,427 | 232,352 | 198,845 | 169,930 | 148,377 | 138,346 | 135,911 |
Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | — | 42,716 | — | 42,546 | 42,937 | 42,423 | 42,375 | 42,059 | 39,093 | 38,744 | 40,365 | 39,692 | 37,867 | 38,436 |
Fixed asset turnover | — | — | — | — | — | — | — | 6.23 | — | 6.99 | 7.02 | 6.93 | 6.58 | 6.26 | 5.94 | 5.13 | 4.21 | 3.74 | 3.65 | 3.54 |
June 30, 2025 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $325,160K ÷ $—K
= —
The fixed asset turnover ratio for TechTarget, Inc. demonstrates a consistent upward trend from June 30, 2020, through June 30, 2022. Specifically, the ratio increased from 3.54 in June 2020 to a peak of 6.93 in June 2022, indicating that the company progressively became more efficient in generating revenue from its fixed assets during this period. The period between September 30, 2020, and March 31, 2022, shows a steady improvement in asset utilization, with the ratio increasing each quarter, illustrating enhanced operational efficiency.
Following June 30, 2022, the ratio levels off slightly, with values stabilizing around 6.99 in December 2022 and 6.23 in June 2023. Notably, the ratio dips marginally after June 2022 but remains relatively high compared to the initial figures in 2020, suggesting sustained operational efficiency but with some fluctuations.
Data beyond June 2023 is either not available or not reported, limiting further analysis of recent or expected trends. Overall, the company's fixed asset turnover ratio indicates a significant enhancement in the utilization of fixed assets over the examined period, reflecting improved operational performance and efficiency in leveraging its fixed asset base to generate revenue.
Peer comparison
Jun 30, 2025