Ameren Corp (AEE)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 7,623,000 | 7,500,000 | 7,957,000 | 6,394,000 | 5,794,000 |
| Property, plant and equipment | US$ in thousands | — | — | 31,262,000 | 29,261,000 | 26,807,000 |
| Fixed asset turnover | — | — | 0.25 | 0.22 | 0.22 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $7,623,000K ÷ $—K
= —
The fixed asset turnover ratio for Ameren Corp remained relatively stable between December 31, 2020, and December 31, 2021, at a value of 0.22. This indicates that for every dollar of fixed assets invested in the company, Ameren generated $0.22 in revenue during both those periods.
There was a slight improvement in the fixed asset turnover ratio from 0.22 on December 31, 2021, to 0.25 on December 31, 2022. This suggests that Ameren became more efficient in utilizing its fixed assets to generate revenue, with a higher turnover ratio indicating better asset utilization and potentially increased productivity.
However, the data for December 31, 2023, and December 31, 2024, are not available (\u2014). A lack of data for these periods makes it challenging to assess the company's performance and trend in utilizing its fixed assets effectively.
In conclusion, Ameren Corp showed a modest improvement in its fixed asset turnover ratio from 2021 to 2022, indicating enhanced efficiency in asset utilization. However, the absence of data for subsequent years limits a deeper analysis of the company's performance in this area.
Peer comparison
Dec 31, 2024