US Foods Holding Corp (USFD)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 37,868,000 | 35,258,000 | 33,807,000 | 29,252,000 | 22,664,000 |
| Property, plant and equipment | US$ in thousands | 2,398,000 | 2,280,000 | 2,171,000 | 2,033,000 | 2,021,000 |
| Fixed asset turnover | 15.79 | 15.46 | 15.57 | 14.39 | 11.21 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $37,868,000K ÷ $2,398,000K
= 15.79
US Foods Holding Corp's fixed asset turnover has shown a consistent increasing trend over the years, indicating improved efficiency in utilizing its fixed assets to generate revenue. The ratio has steadily increased from 11.21 in December 31, 2020, to 15.79 by December 31, 2024. This suggests that the company is generating more sales relative to its investment in fixed assets, reflecting operational efficiency and effective asset management. The upward trend in fixed asset turnover is a positive indicator of the company's ability to optimize its asset utilization and potentially enhance profitability in the long run.
Peer comparison
Dec 31, 2024