Union Pacific Corporation (UNP)
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 | 24,513,000 | 24,228,000 | 23,764,000 | 23,393,000 | 23,193,000 | 23,381,000 | 24,038,000 | 24,298,000 | 23,955,000 | 22,534,000 | 21,746,000 | 21,297,000 | 20,745,000 | 21,212,000 | 20,565,000 | 19,305,000 | 19,533,000 | 19,604,000 | 20,201,000 | 21,553,000 |
| Property, plant and equipment | US$ in thousands | 58,171,000 | 58,036,000 | 57,835,000 | 57,590,000 | 57,398,000 | 57,010,000 | 56,641,000 | 56,274,000 | 56,038,000 | 55,689,000 | 55,315,000 | 55,064,000 | 54,871,000 | 54,362,000 | 54,148,000 | 54,062,000 | 54,161,000 | 54,375,000 | 54,270,000 | 54,121,000 |
| Fixed asset turnover | 0.42 | 0.42 | 0.41 | 0.41 | 0.40 | 0.41 | 0.42 | 0.43 | 0.43 | 0.40 | 0.39 | 0.39 | 0.38 | 0.39 | 0.38 | 0.36 | 0.36 | 0.36 | 0.37 | 0.40 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $24,513,000K ÷ $58,171,000K
= 0.42
The fixed asset turnover ratio for Union Pacific Corporation has ranged from 0.36 to 0.43 over the past few years. This ratio indicates how efficiently the company is generating revenue from its fixed assets. A higher fixed asset turnover ratio typically signifies that the company is using its fixed assets more effectively to generate sales.
The slight fluctuations in the fixed asset turnover ratio suggest that Union Pacific Corporation has been maintaining a relatively stable level of efficiency in utilizing its fixed assets to generate revenue. However, it is important to monitor this ratio over time to ensure that the company is continuously improving its asset utilization and operational efficiency.
Overall, the trend in Union Pacific Corporation's fixed asset turnover ratio shows a moderate level of efficiency in generating sales from its fixed assets, and the company may benefit from further optimizing its asset utilization to enhance profitability and performance.
Peer comparison
Dec 31, 2024
See also:
Union Pacific Corporation Net Fixed Asset Turnover (Quarterly Data)