Veralto Corporation (VLTO)
Fixed asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | ||
|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 5,106,000 | 5,008,000 | 4,944,000 |
| Property, plant and equipment | US$ in thousands | 268,000 | 261,000 | 263,000 |
| Fixed asset turnover | 19.05 | 19.19 | 18.80 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $5,106,000K ÷ $268,000K
= 19.05
The fixed asset turnover ratio of Veralto Corporation has shown consistent improvement over the three periods from June 30, 2024, to December 31, 2024. The ratio increased from 18.80 to 19.19 and then slightly decreased to 19.05. This indicates that the company generated $19.05 of sales for every dollar invested in fixed assets by the end of December 31, 2024. A higher fixed asset turnover ratio suggests that Veralto Corporation is effectively utilizing its fixed assets to generate sales revenue. It may indicate efficient management of assets and effective operational performance during the period under review.
Peer comparison
Dec 31, 2024