Westinghouse Air Brake Technologies Corp (WAB)
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 | 10,317,000 | 10,201,000 | 10,031,000 | 9,732,000 | 9,433,000 | 9,244,000 | 8,784,000 | 8,442,000 | 8,182,000 | 7,955,700 | 7,790,000 | 7,757,800 | 7,664,100 | 7,587,500 | 7,552,200 | 7,268,200 | 7,339,800 | 7,743,100 | 7,858,800 | 8,349,740 |
| Property, plant and equipment | US$ in thousands | 1,447,000 | 1,439,000 | 1,439,000 | 1,445,000 | 1,485,000 | 1,419,000 | 1,443,000 | 1,422,000 | 1,429,000 | 1,402,000 | 1,428,000 | 1,468,000 | 1,497,000 | 1,509,000 | 1,544,300 | 1,575,500 | 1,601,000 | 1,603,700 | 1,612,400 | 1,623,000 |
| Fixed asset turnover | 7.13 | 7.09 | 6.97 | 6.73 | 6.35 | 6.51 | 6.09 | 5.94 | 5.73 | 5.67 | 5.46 | 5.28 | 5.12 | 5.03 | 4.89 | 4.61 | 4.58 | 4.83 | 4.87 | 5.14 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $10,317,000K ÷ $1,447,000K
= 7.13
Westinghouse Air Brake Technologies Corp's fixed asset turnover has shown a positive trend over the past few years, increasing steadily from 5.14 in March 2020 to 7.13 in December 2024. This indicates that the company is generating more revenue per dollar invested in fixed assets. A higher fixed asset turnover ratio is generally considered favorable as it reflects efficient utilization of fixed assets to generate sales. The company's consistent improvement in fixed asset turnover suggests effective management of its fixed assets, which could lead to improved profitability and overall financial performance.
Peer comparison
Dec 31, 2024