Adtalem Global Education Inc (ATGE)

Total asset turnover

Jun 30, 2025 Mar 31, 2025 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
Revenue (ttm) US$ in thousands 1,788,290 1,741,091 1,687,694 1,633,207 1,584,652 1,539,386 1,495,810 1,465,870 1,451,584 1,448,174 1,444,715 1,452,611 1,446,379 1,365,522 1,280,553 1,192,466 1,112,380 1,091,735 1,082,568 1,065,629
Total assets US$ in thousands 2,752,350 2,789,760 2,722,960 2,817,710 2,741,420 2,715,030 2,700,920 2,794,160 2,810,540 2,867,120 2,843,040 2,996,050 3,029,180 3,518,460 3,659,770 3,768,190 3,053,840 3,031,000 2,244,660 2,329,900
Total asset turnover 0.65 0.62 0.62 0.58 0.58 0.57 0.55 0.52 0.52 0.51 0.51 0.48 0.48 0.39 0.35 0.32 0.36 0.36 0.48 0.46

June 30, 2025 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $1,788,290K ÷ $2,752,350K
= 0.65

The analysis of Adtalem Global Education Inc.'s total asset turnover ratio reveals a generally upward trend over the specified periods, indicating increasing efficiency in utilizing its assets to generate revenue. At the start of the observed timeline, on September 30, 2020, the ratio was relatively low at 0.46, reflecting a modest level of asset utilization. Subsequent data points show minor fluctuations, with the ratio reaching as high as 0.52 by March 31, 2023, and maintaining this level through June and September of the same year.

From this point onward, a consistent upward trajectory is observed, culminating in a ratio of 0.65 by June 30, 2025, the most recent period provided. This steady increase suggests progressive improvements in operational efficiency, potentially driven by enhanced asset management, strategic initiatives, or revenue growth relative to asset base expansion.

Overall, the data indicates that Adtalem Global Education has increasingly optimized its asset base to generate higher revenue, reflecting positively on its operational performance and asset utilization efficiency over the analyzed timeframe.