Vulcan Materials Company (VMC)
Total 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 | 7,417,600 | 7,398,300 | 7,580,200 | 7,678,700 | 7,782,000 | 7,679,600 | 7,582,100 | 7,423,500 | 7,315,200 | 7,189,600 | 6,617,810 | 6,024,560 | 5,552,200 | 5,121,020 | 4,914,400 | 4,875,930 | 4,856,830 | 4,867,860 | 4,976,730 | 4,981,830 |
| Total assets | US$ in thousands | 17,104,800 | 14,351,900 | 14,216,400 | 13,910,900 | 14,545,700 | 14,620,500 | 14,333,600 | 14,076,900 | 14,234,600 | 14,615,800 | 14,181,500 | 13,860,800 | 13,682,600 | 13,688,000 | 11,571,000 | 11,332,800 | 11,686,900 | 11,590,500 | 11,398,700 | 10,629,400 |
| Total asset turnover | 0.43 | 0.52 | 0.53 | 0.55 | 0.54 | 0.53 | 0.53 | 0.53 | 0.51 | 0.49 | 0.47 | 0.43 | 0.41 | 0.37 | 0.42 | 0.43 | 0.42 | 0.42 | 0.44 | 0.47 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $7,417,600K ÷ $17,104,800K
= 0.43
Total asset turnover is a key financial ratio that measures how efficiently a company is generating revenue from its assets. In the case of Vulcan Materials Company, the total asset turnover has shown some fluctuations over the reporting periods provided.
From March 31, 2020, to December 31, 2024, the total asset turnover ratio for Vulcan Materials Company ranged from a low of 0.37 to a high of 0.55. The ratio indicates that for every dollar of assets the company holds, it generated between $0.37 and $0.55 of revenue.
The trend in total asset turnover for Vulcan Materials Company fluctuated with some ups and downs. The ratio decreased from 0.47 on March 31, 2020, to a low of 0.37 on September 30, 2021, before gradually increasing to 0.53 on June 30, 2023. Towards the end of the period, the ratio slightly decreased to 0.43 on December 31, 2024.
Overall, the total asset turnover ratio for Vulcan Materials Company has shown variability over the years, indicating changes in how efficiently the company is utilizing its assets to generate revenue. It is important for stakeholders to monitor this ratio to assess the company's operational efficiency and asset utilization over time.
Peer comparison
Dec 31, 2024