United Airlines Holdings Inc (UAL)

Fixed asset turnover

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	US$ in thousands	57,063,000	53,717,000	44,955,000	24,634,000	15,355,000
Property, plant and equipment	US$ in thousands	—	—	54,929,000	36,719,000	36,003,000
Fixed asset turnover		—	—	0.82	0.67	0.43

December 31, 2024 calculation

Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $57,063,000K ÷ $—K
= —

Fixed asset turnover is a financial ratio that measures a company's ability to generate revenue from its fixed assets. In the case of United Airlines Holdings Inc, the fixed asset turnover has shown an increasing trend over the years, with the ratio moving from 0.43 in December 31, 2020 to 0.82 in December 31, 2022. This indicates that the company has been able to generate more revenue relative to its investment in fixed assets.

However, there is missing data for December 31, 2023 and December 31, 2024, which limits our ability to fully assess the trend. It is important to note that a higher fixed asset turnover generally indicates better operational efficiency and asset utilization, as the company is able to generate more revenue using its fixed assets.

In conclusion, the increasing trend in United Airlines Holdings Inc's fixed asset turnover suggests improvements in efficiency and productivity in utilizing its fixed assets to generate revenue. Monitoring this ratio over time can provide insights into the company's operational performance and asset management strategies.