Texas Roadhouse Inc (TXRH)

Fixed asset turnover

		Dec 31, 2024	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	Mar 31, 2020
Revenue (ttm)	US$ in thousands	5,373,330	5,099,780	4,948,530	4,778,530	4,631,670	4,476,840	4,348,388	4,201,798	4,014,924	3,900,980	3,776,625	3,650,803	3,463,946	3,206,349	2,968,591	2,546,228	2,398,123	2,485,372	2,504,676	2,718,079
Property, plant and equipment	US$ in thousands	—	—	—	—	—	—	1,360,130	1,310,780	1,270,350	1,863,900	1,819,930	1,181,710	1,740,850	1,698,110	1,664,780	1,093,790	1,088,620	1,076,920	1,589,430	1,068,700
Fixed asset turnover		—	—	—	—	—	—	3.20	3.21	3.16	2.09	2.08	3.09	1.99	1.89	1.78	2.33	2.20	2.31	1.58	2.54

December 31, 2024 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $5,373,330K ÷ $—K
= —

The fixed asset turnover ratio measures how efficiently a company is utilizing its fixed assets to generate sales revenue. A higher fixed asset turnover indicates better efficiency in generating sales from its fixed assets.

In the case of Texas Roadhouse Inc, the fixed asset turnover ratio has fluctuated over the period from March 31, 2020, to June 30, 2024. The ratio started at 2.54 on March 31, 2020, and experienced fluctuations, reaching a low of 1.58 on June 30, 2020. Subsequently, the ratio increased to 3.21 on March 31, 2023, indicating improved efficiency in utilizing fixed assets to generate sales.

However, from June 30, 2023, onwards, the data shows "—" indicating that the fixed asset turnover ratio values are not available for these periods. It is important to note that a lack of data points for these periods may limit a comprehensive analysis of the trend in fixed asset turnover for Texas Roadhouse Inc.

Overall, based on the available data, Texas Roadhouse Inc's fixed asset turnover ratio exhibited fluctuations but generally showed an improvement in efficiency in utilizing fixed assets to generate sales revenue. Investors and stakeholders should continue to monitor the trend in the fixed asset turnover ratio to assess the company's performance in managing its fixed asset utilization over time.