Fifth Fixed Asset Turnover from 2010 to 2024

FITB Stock  USD 34.10  0.01  0.03%   
Fifth Third's Fixed Asset Turnover is increasing over the years with slightly volatile fluctuation. Fixed Asset Turnover is expected to dwindle to 3.71. From 2010 to 2024 Fifth Third Fixed Asset Turnover quarterly data regression line had arithmetic mean of  2.70 and r-squared of  0.27. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
3.82253691
Current Value
3.71
Quarterly Volatility
0.66875891
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Fifth Third financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fifth main balance sheet or income statement drivers, such as Interest Expense of 1 B, Other Operating Expenses of 10.1 B or Operating Income of 11.1 B, as well as many exotic indicators such as Price To Sales Ratio of 1.77, Dividend Yield of 0.0236 or PTB Ratio of 1.17. Fifth financial statements analysis is a perfect complement when working with Fifth Third Valuation or Volatility modules.
  
This module can also supplement Fifth Third's financial leverage analysis and stock options assessment as well as various Fifth Third Technical models . Check out the analysis of Fifth Third Correlation against competitors.

Latest Fifth Third's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Fifth Third Bancorp over the last few years. It is Fifth Third's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Fifth Third's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

Fifth Fixed Asset Turnover Regression Statistics

Arithmetic Mean2.70
Geometric Mean2.63
Coefficient Of Variation24.76
Mean Deviation0.54
Median2.61
Standard Deviation0.67
Sample Variance0.45
Range1.9925
R-Value0.52
Mean Square Error0.35
R-Squared0.27
Significance0.05
Slope0.08
Total Sum of Squares6.26

Fifth Fixed Asset Turnover History

2024 3.71
2023 3.82
2022 2.95
2021 2.85
2020 2.61
2019 2.89
2018 2.86

About Fifth Third Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Fifth Third income statement, its balance sheet, and the statement of cash flows. Fifth Third investors use historical funamental indicators, such as Fifth Third's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Fifth Third investors may use each financial statement separately, they are all related. The changes in Fifth Third's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Fifth Third's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Fifth Third Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Fifth Third. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 3.82  3.71 

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When determining whether Fifth Third Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fifth Third's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fifth Third Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fifth Third Bancorp Stock:
Check out the analysis of Fifth Third Correlation against competitors.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Complementary Tools for Fifth Stock analysis

When running Fifth Third's price analysis, check to measure Fifth Third's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fifth Third is operating at the current time. Most of Fifth Third's value examination focuses on studying past and present price action to predict the probability of Fifth Third's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fifth Third's price. Additionally, you may evaluate how the addition of Fifth Third to your portfolios can decrease your overall portfolio volatility.
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Is Fifth Third's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fifth Third. If investors know Fifth will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fifth Third listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.29)
Dividend Share
1.36
Earnings Share
3.22
Revenue Per Share
11.978
Quarterly Revenue Growth
(0.02)
The market value of Fifth Third Bancorp is measured differently than its book value, which is the value of Fifth that is recorded on the company's balance sheet. Investors also form their own opinion of Fifth Third's value that differs from its market value or its book value, called intrinsic value, which is Fifth Third's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fifth Third's market value can be influenced by many factors that don't directly affect Fifth Third's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fifth Third's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fifth Third is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fifth Third's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.