XPO Logistics Inc (XPO)
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 | 8,112,000 | 8,090,000 | 8,017,000 | 7,855,000 | 7,744,000 | 7,635,000 | 7,601,000 | 7,731,000 | 7,718,000 | 9,283,000 | 10,607,000 | 11,746,000 | 12,841,000 | 12,465,000 | 11,870,000 | 12,186,000 | 13,061,000 | 14,227,000 | 15,706,000 | 16,442,000 |
| Property, plant and equipment | US$ in thousands | 3,402,000 | 3,357,000 | 3,305,000 | 3,257,000 | 3,075,000 | 2,072,000 | 2,037,000 | 1,978,000 | 1,832,000 | 1,828,000 | 1,799,000 | 1,796,000 | 1,675,000 | 1,821,000 | 2,627,000 | 2,651,000 | 1,891,000 | 2,573,000 | 2,597,000 | 2,632,000 |
| Fixed asset turnover | 2.38 | 2.41 | 2.43 | 2.41 | 2.52 | 3.68 | 3.73 | 3.91 | 4.21 | 5.08 | 5.90 | 6.54 | 7.67 | 6.85 | 4.52 | 4.60 | 6.91 | 5.53 | 6.05 | 6.25 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $8,112,000K ÷ $3,402,000K
= 2.38
The fixed asset turnover ratio of XPO Logistics Inc has shown fluctuations over the provided periods. The ratio declined from 6.25 as of March 31, 2020, to 2.38 as of December 31, 2024. This indicates a decreasing trend in the company's ability to generate revenue from its fixed assets. A high fixed asset turnover ratio generally signifies efficient utilization of fixed assets to generate sales; however, XPO Logistics Inc experienced a significant decline in this ratio over time. This could suggest issues such as underutilization of fixed assets or a slowdown in sales relative to the investment in fixed assets. Further analysis is recommended to understand the factors contributing to this trend and to assess the company's overall operational efficiency.
Peer comparison
Dec 31, 2024