Werner Enterprises Inc (WERN)
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 | 3,030,258 | 3,097,524 | 3,169,567 | 3,219,865 | 3,283,499 | 3,323,045 | 3,332,907 | 3,358,087 | 3,289,978 | 3,193,708 | 3,068,993 | 2,882,531 | 2,734,372 | 2,589,453 | 2,476,776 | 2,395,921 | 2,372,178 | 2,373,663 | 2,401,713 | 2,460,287 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | 1,944,420 | 1,854,590 | 1,866,240 | 1,719,110 | 1,670,680 | 1,609,600 | 1,613,240 | 1,606,530 | 1,544,790 | 1,537,340 | 1,543,260 | 1,527,430 | 1,500,160 | 1,478,740 |
| Fixed asset turnover | — | — | — | — | — | — | 1.71 | 1.81 | 1.76 | 1.86 | 1.84 | 1.79 | 1.69 | 1.61 | 1.60 | 1.56 | 1.54 | 1.55 | 1.60 | 1.66 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $3,030,258K ÷ $—K
= —
Fixed asset turnover is a financial ratio that measures a company's efficiency in generating revenue from its investments in fixed assets. A higher fixed asset turnover ratio indicates that a company is utilizing its fixed assets more efficiently to generate sales.
Based on the data provided for Werner Enterprises Inc, the fixed asset turnover ratio has shown fluctuations over the periods from March 31, 2020, to June 30, 2024. The ratio started at 1.66 on March 31, 2020, and gradually declined to 1.54 by December 31, 2020.
Subsequently, the ratio improved to 1.84 by June 30, 2022, indicating that the company was able to generate more revenue from its fixed assets. However, the ratio decreased slightly to 1.71 by June 30, 2023.
It is important to note that the data for the periods after June 30, 2023, shows "—", indicating that the data is not available for analysis.
Overall, based on the trend observed in the fixed asset turnover ratio for Werner Enterprises Inc, the company has shown varying levels of efficiency in utilizing its fixed assets to generate revenue over the analyzed time frame. The company experienced both improvements and declines in fixed asset turnover, which could be influenced by factors such as changes in operational efficiency, investment in fixed assets, or changes in sales volume.
Peer comparison
Dec 31, 2024