AutoNation Inc (AN)
Total 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 | 26,765,400 | 26,319,600 | 26,626,200 | 27,035,900 | 26,948,900 | 26,878,500 | 26,651,800 | 26,630,900 | 26,985,000 | 26,870,300 | 26,583,800 | 26,693,000 | 25,844,000 | 25,046,800 | 24,072,200 | 21,626,800 | 20,390,000 | 20,153,800 | 20,210,100 | 21,020,900 |
| Total assets | US$ in thousands | 13,001,700 | 12,906,600 | 12,828,600 | 12,041,300 | 12,355,700 | 11,241,000 | 11,079,500 | 10,360,800 | 10,059,700 | 9,415,300 | 9,307,500 | 9,357,900 | 8,943,600 | 8,140,700 | 8,381,000 | 9,267,500 | 9,887,200 | 9,569,300 | 9,448,500 | 10,552,400 |
| Total asset turnover | 2.06 | 2.04 | 2.08 | 2.25 | 2.18 | 2.39 | 2.41 | 2.57 | 2.68 | 2.85 | 2.86 | 2.85 | 2.89 | 3.08 | 2.87 | 2.33 | 2.06 | 2.11 | 2.14 | 1.99 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $26,765,400K ÷ $13,001,700K
= 2.06
AutoNation Inc's total asset turnover has shown fluctuations over the periods provided. The total asset turnover ratio measures the efficiency at which the company generates sales revenue from its total assets.
From March 31, 2020, to December 31, 2020, the total asset turnover ratio ranged between 1.99 and 2.14, signaling an improvement in asset utilization. In the following periods up to December 31, 2022, the ratio continued to increase, reaching a peak of 3.08 on September 30, 2021, indicating the company was generating more sales relative to its total assets.
However, after that peak, the total asset turnover ratio started to decrease, dropping to 2.04 on September 30, 2024. This decline could suggest a potential decrease in sales revenue relative to the total assets employed by the company during this period.
Overall, the fluctuations in the total asset turnover ratio for AutoNation Inc over the specified periods indicate varying levels of efficiency in utilizing its assets to generate sales revenue.
Peer comparison
Dec 31, 2024