AptarGroup Inc (ATR)
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 | 3,582,890 | 3,573,282 | 3,556,988 | 3,542,831 | 3,487,450 | 3,444,884 | 3,388,747 | 3,337,384 | 3,322,249 | 3,340,328 | 3,328,910 | 3,295,399 | 3,227,221 | 3,162,557 | 3,096,268 | 2,984,541 | 2,929,340 | 2,851,344 | 2,793,469 | 2,836,825 |
| Total assets | US$ in thousands | 4,432,280 | 4,625,220 | 4,453,260 | 4,437,090 | 4,451,890 | 4,298,220 | 4,347,710 | 4,302,800 | 4,203,460 | 4,026,470 | 4,258,110 | 4,407,450 | 4,141,360 | 4,131,480 | 4,110,100 | 3,992,640 | 3,990,050 | 3,861,750 | 3,814,020 | 3,776,550 |
| Total asset turnover | 0.81 | 0.77 | 0.80 | 0.80 | 0.78 | 0.80 | 0.78 | 0.78 | 0.79 | 0.83 | 0.78 | 0.75 | 0.78 | 0.77 | 0.75 | 0.75 | 0.73 | 0.74 | 0.73 | 0.75 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $3,582,890K ÷ $4,432,280K
= 0.81
The total asset turnover ratio of AptarGroup Inc has shown variability over the past few years. The ratio fluctuated between 0.73 and 0.83, indicating the efficiency with which the company generates sales revenue from its total assets. The ratio peaked at 0.83 on September 30, 2022, suggesting that the company was able to generate more sales relative to its total assets at that time. However, there was a slight decline in the ratio in subsequent periods. Overall, the trend in total asset turnover reflects AptarGroup Inc's ability to utilize its assets to generate sales revenue efficiently, with some fluctuations in performance observed over the years.
Peer comparison
Dec 31, 2024