Gulf Marine Services Asset Turnover Growth & History (GMS)
Gulf Marine Services's asset turnover was 0.27 for fiscal 2025.
View full Gulf Marine Services company overviewGulf Marine Services annual asset turnover history
| Fiscal year | Period ended | Asset turnover | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.27 | 0.02 | +9.75% |
| 2024 | 2024-12-31 | 0.25 | 0.02 | +8.49% |
| 2023 | 2023-12-31 | 0.23 | 0.03 | +14.37% |
| 2022 | 2022-12-31 | 0.20 | 0.03 | +15.28% |
| 2021 | 2021-12-31 | 0.17 | — | — |
Gulf Marine Services asset turnover trends
Between the periods ended 2021-12-31 and 2025-12-31, Gulf Marine Services's asset turnover increased from 0.17 to 0.27, a change of 0.10.
What asset turnover means
Asset turnover measures how much revenue a company generates for each unit of assets employed in the business. A higher ratio generally indicates more efficient asset use, although useful comparisons depend heavily on the industry.
How asset turnover is calculated
TickerStat calculates annual asset turnover as reported revenue divided by average total assets. Quarterly values use trailing-12-month revenue and average assets over the corresponding one-year period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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Gulf Marine Services: conflict disruption and impairment drive an H1 loss
Gulf Marine Services reported interim results on 7 September 2026. Measure H1 2026 H1 2025 Adjusted revenue $84.1m $87.1m Adjusted EBITDA $43.8m $50.8m Reported net profit/(loss) $(14.8)m $3.9m Adjusted net profit $6.9m $14.1m Fleet utilisa ...