American Water Works (AWK)
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 | 4,649,000 | 4,503,000 | 4,345,000 | 4,293,000 | 4,215,000 | 4,124,000 | 4,030,000 | 3,872,000 | 3,785,000 | 4,558,000 | 4,576,000 | 4,636,000 | 4,676,000 | 3,922,000 | 3,902,000 | 3,820,000 | 3,786,000 | 3,724,000 | 3,663,000 | 3,637,000 |
| Total assets | US$ in thousands | 32,830,000 | 31,790,000 | 31,215,000 | 31,086,000 | 30,298,000 | 29,818,000 | 29,496,000 | 28,286,000 | 27,787,000 | 27,126,000 | 26,574,000 | 25,694,000 | 26,075,000 | 25,333,000 | 24,952,000 | 24,525,000 | 24,766,000 | 24,394,000 | 24,009,000 | 23,546,000 |
| Total asset turnover | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.17 | 0.17 | 0.18 | 0.18 | 0.15 | 0.16 | 0.16 | 0.15 | 0.15 | 0.15 | 0.15 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $4,649,000K ÷ $32,830,000K
= 0.14
The total asset turnover of American Water Works, based on the provided data, has remained relatively stable around the range of 0.14 to 0.18 over the years. This indicates the company's ability to generate revenue in relation to its total assets. A high total asset turnover ratio implies that the company is efficiently utilizing its assets to generate sales.
Despite some fluctuations in the ratio over the quarters, it appears that American Water Works has maintained a consistent level of efficiency in utilizing its assets to generate revenue. Further analysis may be required to understand the specific factors contributing to the fluctuations and to assess the company's overall operational performance.
Peer comparison
Dec 31, 2024