Adtalem Global Education Inc (ATGE)
Total asset turnover
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,788,290 | 1,584,650 | 1,450,830 | 1,387,120 | 899,248 |
| Total assets | US$ in thousands | 2,752,350 | 2,741,420 | 2,810,540 | 3,029,180 | 3,053,840 |
| Total asset turnover | 0.65 | 0.58 | 0.52 | 0.46 | 0.29 |
June 30, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $1,788,290K ÷ $2,752,350K
= 0.65
The total asset turnover ratio of Adtalem Global Education Inc. has demonstrated a consistent upward trajectory over the period from June 30, 2021, to June 30, 2025. Specifically, the ratio increased from 0.29 in 2021 to 0.46 in 2022, reflecting a significant improvement in the company's efficiency in generating revenue from its total assets. This upward trend continued into subsequent years, reaching 0.52 in 2023, 0.58 in 2024, and further rising to 0.65 in 2025.
This progression indicates that the company has become increasingly effective in utilizing its assets to generate sales, with the ratio observing an approximate 124% relative increase over the four-year span. Such a trend suggests improvements in operational efficiency, asset management, or a strategic repositioning that enhances revenue generation relative to its asset base. The consistent growth in this ratio points to a positive development in the company's ability to utilize its assets more productively over time.
Peer comparison
Jun 30, 2025