Ameren Corp (AEE)
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 | 7,623,000 | 7,300,000 | 7,187,000 | 7,254,000 | 7,500,000 | 7,928,000 | 8,174,000 | 8,140,000 | 7,957,000 | 7,456,000 | 6,961,000 | 6,707,000 | 6,394,000 | 6,177,000 | 5,994,000 | 5,920,000 | 5,794,000 | 5,782,000 | 5,813,000 | 5,794,000 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 32,938,000 | 32,351,000 | 31,735,000 | 31,262,000 | 30,608,000 | 30,086,000 | 29,578,000 | 29,261,000 | 28,559,000 | 28,020,000 | 27,307,000 | 26,807,000 | 25,541,000 | 25,081,000 | 24,678,000 |
| Fixed asset turnover | — | — | — | — | — | 0.24 | 0.25 | 0.26 | 0.25 | 0.24 | 0.23 | 0.23 | 0.22 | 0.22 | 0.21 | 0.22 | 0.22 | 0.23 | 0.23 | 0.23 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $7,623,000K ÷ $—K
= —
The fixed asset turnover ratio of Ameren Corp has remained relatively stable around the range of 0.21 to 0.26 over the past few years. This ratio indicates how efficiently the company is generating revenue from its fixed assets.
Ameren Corp's fixed asset turnover ratio of around 0.23 to 0.24 suggests that for every dollar invested in fixed assets, the company is generating approximately 23 to 24 cents in revenue. A higher fixed asset turnover ratio would typically indicate better utilization of fixed assets to generate sales.
It is also worth noting that the fixed asset turnover ratio has shown a slight increasing trend in recent periods, reaching its highest value of 0.26 as of March 31, 2023. This improvement may suggest that Ameren Corp has been able to optimize its fixed asset utilization more effectively over time.
The absence of data for the period beyond December 31, 2023 (indicated by "—") makes it challenging to provide a complete assessment of the fixed asset turnover ratio in those periods. Future data points will be needed to track the ongoing effectiveness of Ameren Corp's fixed asset management.
Peer comparison
Dec 31, 2024